Companies Sought for VC Conference
Companies seeking venture capital investments through the Great Midwest Venture Capital Conference have until August 25 to apply for consideration. The conference, this year taking place October 30-31 in Knoxville, Tennessee, annually draws around 200 investors and other financial professionals. The tenth annual event is organized by the Indiana Business Modernization and Technology Corporation and Technology 2020, located in Oak Ridge, Tennessee.
Michigan Develops Life Sciences Entrepreneurship Strategy
Concerned that it currently lacks the “critical mass” required to be a leader in biotechnology, the Michigan Economic Development Corporation (MEDC) has prepared the Michigan Life Sciences Strategy, which outlines a plan to develop its universities, industries, and infrastructure to nurture biotechnology entrepreneurship over the next decade.
Michigan Unveils Tech Incentives & Programs
The new Michigan Economic Development Corporation has released its strategic plan to increase the growth of technology-related jobs in the state. The report, State Smart: Michigan, outlines more than $6 million in new initiatives and several tax incentives to encourage technology-based growth in three key industry sectors: life sciences, information technology and advanced manufacturing.
The plan's initiatives are divided among three categories:
USIP Reports on State Best Practices Roundtable
The United States Innovation Partnership (USIP) reported on a recent roundtable discussion on the 21st Century Economy. The topic of the discussion was the role of states in science and technology. The roundtable highlighted "best practices" in technology-based economic development in five states (Oklahoma, Kansas, Indiana, Utah, and Pennsylvania).
Eaton Corporation Donates Patent Portfolio
The Mid-America Commercialization Corporation (Manhattan, Kansas) announced that the Eaton Corporation is donating a substantial portfolio of patented technologies for the benefit of the corporation and Kansas State University.
Position Available
A Wichita, Kansas-based venture capital firm seeks a broadly qualified leader to commercialize technology, develop start-up businesses, manage pre-seed and seed capital funds, and raise capital. Resumes with a personal statement of interest and five professional references to Mary Breakstone at the Kansas Technology Enterprise Corporation (KTEC). The full position description is available on the SSTI home page at www.ssti.org
Michigan to Reorganize Economic Development, Workforce Functions
Michigan Governor John Engler has signed an Executive Order reorganizing the state's economic development and workforce development functions. The reorganization, which was unveiled by the Governor in his State of the State address, permits the formation of a new Michigan Economic Development Corporation (MEDC) in partnership with local governments.
KANSAS INNOVATION INDEX ASSESSES STATE’S COMPETITIVENESS
The Kansas Technology Enterprise Corporation (KTEC) has released the Kansas Innovation Index 1999. The major finding of the report is that "Kansas has a realistic opportunity to create a competitive advantage for economic growth and high wage industries by supporting its emerging innovation economy."
BMT HIGHLIGHTS YEAR OF CHANGE
The 1998 annual report of the Indiana Business Modernization and Technology Corporation (BMT) addresses various changes encountered by the organization this year.
Kansas Commercialization Centers to Help Companies with Equipment Needs
The Kansas Technology Enterprise Corporation (KTEC) has initiated a program to help technology-based start-up companies locate and obtain equipment needed for their operations.
Legislative S&T Position Available
The Michigan Legislative Service Bureau has an opening for a Science Research Analyst. Duties include researching scientific and technical topics of interest to the Michigan legislature and analyzing the technical accuracy of legislation. Applications for the position are due by December 18. The complete job posting is available on the SSTI website at http://www.ssti.org.
State & Local Round Up
Indiana
The Indiana legislature approved a $50 million appropriation over the next biennium for Indiana's 21st Century Research and Technology Fund. The program supports the development and commercialization of advanced technology. Created in 1999 (see related 9/10/99 Digest story), the fund received $50 million in the 2000-2001 biennium.
People
SSTI has learned through the KTEC SBIR Bulletin that Clyde Engert will be retiring as Vice President of Innovation & Market Research at KTEC on July 1, 2001. Mr Engert has been a long-active champion of state SBIR outreach and financial assistance. His services will be missed by Kansas companies and the national SBIR community.
LinkMichigan To Address State's Telecom Needs
The Michigan Economic Development Corporation (MEDC), in partnership with several public and private organizations, has outlined a plan to address telecommunications infrastructure needs across the state.
LinkMichigan, released last week, addresses several telecommunications infrastructure issues or concerns that were increasingly facing the public and private sector, including:
Billion Dollar Gift Boosts Biomed Research in Kansas City
With an eye toward helping to make Kansas City a leading center for biomedical research, James Stower Jr., founder of American Century mutual funds, and his wife are donating $1.114 billion to the Stowers Institute of Medical Research. The donation is considered one of the five largest philanthropic gifts in history.
Michigan Launches Two Initiatives for Tech-based Education
During the first days of March, Michigan Governor John Engler announced the implementation of two programs through the Michigan Virtual University to integrate information technology into the state’s education system.
Laptops for Teachers
People
Kansas Technology Enterprise Corp. named Trish Costello as its newest Entrepreneur in Residence.
People in S&T
Mike Wojcicki, chief operating officer and vice president of research at KTEC, has been named President of the Modernization Forum (ModForum) in Livonia, Michigan
ModForum Seeks CEO
The Manufacturing Modernization Forum (ModForum), located near Ann Arbor, Michigan, is a trade association for groups who help smaller manufacturers improve their productivity and performance. The not-for-profit organization seeks applications from qualified candidates to fill the position of President/CEO. Resumes will be accepted until November 24.
Foundation Grants $60 M to Indiana Colleges to Boost State’s Tech Competitiveness
The Indianapolis-based Lilly Foundation is providing nearly $60 million in two grants to help make Indiana more competitive for technology research and education and high-tech business development. The grants were made to Indiana University and the Rose-Hulman Institute of Technology.
People
Janice Whitehouse was named president of CyberMichigan, an institute within the nonprofit Altarum.
$50 Million Research & Technology Fund Underway In Indiana
Last week, Indiana Governor Frank O'Bannon named the Board of Directors to oversee the design and administration of the new 21st Century Research & Technology Fund. By law, the Lieutenant Governor serves as chairman for the board.
Correction
The September 3, 1999 issue of the SSTI Weekly Digest contained some errors in the SBIR tables. The correct information is below. Revised tables are available for review on our website at: http://www.ssti.org/Digest/Tables/090399t.htm
Michigan Commits $1 Billion to Life Sciences R&D & Biotechnology Commercialization
With a $50 million appropriation in FY 2000, the State of Michigan has made the first installment toward spending $1 billion over the next 20 years for life sciences research, development, and commercialization. The funding is derived from Michigan's tobacco settlement. Other public and private sources are expected to match much of the state's investment over the two decades.
Challenges of the New Economy Focus of SSTI’s 3rd Annual Conference
The State Science and Technology Institute’s (SSTI) third annual conference will focus on how to meet the challenge of the New Economy through science and technology programs.
The conference will focus on some of the largest issues facing policy makers and practitioners, including: