The Chicago based Committee of 200, an organization of leading women in business, has named Diane Graham as its new chair.

Patrick Rea recently was selected as administrator for the Small Business Administration's six-state region involving Indiana, Illinois, Michigan, Minnesota, Ohio and Wisconsin.

Gov. Jennifer Granholm unveiled her fiscal year 2009 budget last week, proposing to refinance a portion of the state’s general obligation and taxable tobacco bonds and reduce spending across nearly all state departments in order to finance new proposals without raising taxes.

 

The first director of the new Automation Alley Technology Center will be Thomas Anderson.

Robin Schabes, Chicago Mayor Richard Daley's special assistant for technology, has announced her resignation. Schabes staffed the Mayor's Council on Technology Advisors.

Thomas Anderson is the new director of the Automation Alley Technology Center in Michigan.

Tucked in the fine print of Illinois' budget bills was language to merge seven financing agencies, according to the June 11 edition of The Bond Buyer. Among the agencies included in the merger are the Illinois Development Finance Authority, the Illinois Research Park Authority (inactive), the Illinois Community Development Authority and the Illinois Rural Bond Bank.

Several recent project announcements highlight communities using incubators and research parks, some of the tools for technology-based economic development, in specialized formats to capitalize on existing strengths and nurture additional growth of clusters of related tech firms. Such targeted approaches can help to focus other TBED activities for additional benefits.

Illinois Governor Rod Blagojevich has nominated Jack Lavin to run the newly named Department of Commerce and Economic Opportunity. The agency was formerly called the Department of Commerce and Community Affairs. Lavin was chief financial officer for Rezco Enterprises.

In SSTI's final look at the 2003 State of the State Addresses and Inaugural Addresses, we find the importance of building technology-based economies continues to be emphasized by governors across the country, despite – or because of – the down economy. Below are excerpts from speeches given in Michigan, Minnesota, Oklahoma, Rhode Island and Texas.

Illinois Governor Rod Blagojevich has appointed Julie Curry as deputy chief of staff for economic development and labor.

Midwest Angel Network Association Launched in Illinois

Speaking to a joint session of the House and Senate, Illinois Governor Rod Blagojevich recently presented his first budget, one that addresses a $5 billion budget crisis.

William Rosenberg has resigned from his position as CEO of the Michigan Broadband Authority. which approved its first loan at the end of March for wireless broadband service in several small towns.

Michael Witt has been appointed Executive Director of MichBio, the state's bioscience industry association.

Doug Rothwell, President and CEO of Michigan Economic Development Corp. until the end of Gov. Engler's administration in January, has accepted the position of executive director for worldwide real estate at General Motors Corp.

Howard Bell is the new executive director of Wayne State University's Research and Technology Park. One of the state's SmartZones, the park was recently named the permanent site for Michigan's $50 Million NextEnergy Center.

Pam McDonough, director of the Department of Commerce and Community Affairs for the past four years, has been appointed to the Illinois Labor Relations Board by outgoing Governor George Ryan. Joseph Hannon will serve as the department's director for the remainder of Ryan's term, which ends in January.

Michigan's NextEnergy Center, the central component of Gov. John Engler's $50 million fuel cell initiative, will be located within Wayne State University’s Research and Technology Park in Detroit, the Michigan Economic Development Corporation (MEDC) recently announced. Wayne State is situated in the Woodward Technology Corridor, one of 11 SmartZones located across Michigan.

With more than 700 facilities around the country, federal laboratories and research centers can provide many resources for communities to tap as they strive to develop tech-based economies: technologies available for transfer and commercialization; facilities and technical staff available to partner with companies and universities for research; and, connections to funding and procurement opportunities.

Former Lansing Community College president Paula Cunningham is the new director of the Michigan Department of Labor and Economic Growth.

A review of recent grant announcements from across the country reveals the growing importance the Economic Development Administration (EDA) places on supporting technology-based economic development projects. EDA's emphasis on technology-led economic development is expected to be the focus of  a keynote address delivered by Dr. David Sampson, Assistant Secretary of Commerce for Economic Development and EDA head, at SSTI's Sixth Annual Conference this October 2-3.

With more than 30 sessions and keynote addresses by Michigan Governor John Engler and U.S. Assistant Secretary of Commerce for Economic Development David Sampson, SSTI's Sixth Annual Conference promises to be the year's best and most comprehensive conference on tech-based economic development. Building Tech-Based Economies: From Policy to Practice will be held October 2-3, 2002 in Dearborn, Michigan, with pre-conference activities on October 1.

The Illinois General Assembly has passed legislation to encourage venture capital investment in technology businesses across the state. HB3212 creates the Technology Development Fund, which permits the State Treasurer to use up to 1 percent of the state's total investment portfolio for equity investments through Illinois venture capital firms.

On Thursday, Illinois Governor George Ryan announced nearly $3 million in state grants for eight Illinois Technology Enterprise Corporation (ITEC) centers, quadrupling the number of ITECs. Funded by the Illinois Department of Commerce and Community Affairs (DCCA), the centers assist technology-based start-up businesses and serve as incubators for the new ventures.