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).
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.
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.
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.
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:
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 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:
MEDC Counters Cyberstates with Own Tech Employment Study
Last week, the Michigan Economic Development Corporation (MEDC) announced the findings of Michigan: The High-Technology Automotive State, a new study that demonstrates that the state’s high-tech workforce is dramatically larger than previously reported by national rankings. The MEDC study shows that the American Electronics Association (AEA) uses a narrow definition of high-tech in their annual ranking, Cyberstates 4.0, which was released the next day.
Network of Incubators Proposed in Indiana
Purdue University plans to seek $15 million in matching funds from the state to establish and support five technology business incubators or regional technology centers around Indiana. The state also will be asked to provide $6.25 million in funding for administrative support over the first four years of the centers’ operations.
Michigan Makes Pre-Emptive Strike for Fuel Cell Commercialization, Manufacturing
What are you doing to protect your state or local economy from technological advances that will completely overturn an industry 10, 20, 30 years from now?
With the prospect of someday losing 27,000 high-paying tech jobs at 15 automotive engine and powertrain plants, Michigan has unveiled a plan to position the state as a leader when automotive applications of fuel cell technology make the internal combustion engine obsolete.
Good News for Pittsburgh and Michigan “Brain Drain”
Many areas of the country are lamenting the workforce challenges presented by the out-migration of technically skilled college graduates, a “brain drain” for short. Two studies released during the past few days, however, provide positive data to the contrary for Michigan and the Pittsburgh, Pennsylvania metro region.
Michigan
People
Cameron Carter is serving as interim president and CEO of Indiana's TechPoint, following Donna Gastevich's resignation to spend more time with her family.
People and Organizational News
The first director of the new Automation Alley Technology Center will be Thomas Anderson.
People and Organizational News
The Indiana Proteomics Consortium has changed its name to Inproteo.