People
Larry Cox is the new director of the Ball State University Entrepreneurship Program, effective Aug. 22.
People
The new director of the Burton D. Morgan Center for Entrepreneurship at Purdue University will be Jerry Woodall.
Useful Stats: Real Gross State Product, 2000-2004
Recently released U.S. Bureau of Economic Analysis (BEA) data show Nevada outpaced all other states in the percent growth of its real gross state product (GSP) over the period 2000-2004. The western state's real GSP grew from nearly $74.8 billion in 2000 to more than $90 billion in 2004, a 20.8 percent change, based on 2004 estimates.
Indiana's 21st Century Research & Technology Fund, Tax Credits Survive
A massive state budget deficit, partisan squabbles, and a longstanding need to restructure the state's tax code almost derailed Indiana's largest commitment toward building a technology-based economy.
Wyoming Ponders Seed Capital, Tech Centers
The Joint Minerals, Business and Economic Development Interim Committee of the Wyoming state legislature heard testimony last week encouraging the creation of two new initiatives to expand Wyoming's technology-based economic development efforts: a seed capital program and a technology incubator.
Lilly Foundation Commits Another $138M for Indiana Higher Ed
Few private foundations across the country have made a comparable commitment in size or duration toward improving a single state's ability to participate in a knowledge-based economy as the Lilly Foundation has for Indiana. The latest round, reported in this week's online Chronicle of Higher Education, promises a total of $138 million to match donations received by Indiana's accredited colleges and universities.
$50M Lilly Grant Boosts IU Genomics Initiative
For the second time in three years, the Lilly Endowment is demonstrating its strong commitment to Indiana University's role in life sciences education and research by awarding $50 million to advance the Indiana Genomics Initiative (INGEN).
People
SSTI extends its sympathies to the family of Indiana Governor Frank O'Bannon. During his interrupted term in office, Gov. O'Bannon proved to be a strong friend of tech-based economic development efforts in the state.
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
Karl Koehler is returning to the Indiana 21st Century Research and Technology Fund to serve as its director.
People
TechPoint, Indiana's statewide technology council, has named Cameron Carter to serve as president and chief executive officer.
TBED People & Organizational Announcements
Congratulations to Del Schuh and his staff at the Indiana Business Modernization and Technology Corp. (BMT), honored as the Project of the Year in the Economic Development category from the National Association of Management and Technical Assistance Centers. The award, BMT's second in as many years from the group, was for a program entitled, "Moving from Distress to Commerce through Collaboration."
People
The first director for the new Indiana Venture Center will be Steve Beck.
People
Indiana Governor Joe Kernan has nominated Katherine Lyon Davis to serve as Lieutenant Governor. Among her past positions, Davis served as manager of Indiana's 21st Century Research and Technology Fund in 1999.
Report Shows Indiana Financial Aid Program Helps Low-Income Students Attend College
Most technology-based economic development programs recognize the need to have more people in their states or communities who have received bachelor degrees or higher. Bringing low-income populations into a knowledge-based economy is particularly difficult because of the two significant obstacles low-income students face for college access: insufficient financial aid and inadequate academic preparation.
People
Kristin Jones recently was hired as senior manager for life sciences under the Indy Partnership, an economic development organization for the Indianapolis region.
People
Steve Bryant has been named the project director for the Bloomington Life Sciences Partnership in Indiana.
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
Joseph Hornett has been selected to serve as senior vice president and treasurer of the nonprofit Purdue Research Foundation (PRF). Hornett currently is COO for Sport Service, Inc. in Indianapolis. PRF holds more than 130 properties and 10,000 acres of Indiana farmland near Purdue University, including the Purdue Research Park.
People
The Indiana Technology Partnership named Jim Wheeler as its new president. A former partner with Andersen LLP, Wheeler takes the position vacated by Tom Miller last fall.
People
Ron Gifford is the new president and CEO of the Indy Partnership. Gifford replaces Gordon Hendry, who left to take an executive position with CB Richard Ellis.
People
John Hertig was appointed executive director of the Alfred Mann Institute for Biomedical Development at Purdue University.
People
Kenneth Kahn will be the Avrum and Joyce Gray Director of the Burton D. Morgan Center for Entrepreneurship at Purdue University, effective Jan. 1. In addition to directing the center, Kahn will be a professor in the university's Department of Industrial Technology.
Initiative to Strengthen Presence of Life Sciences in Central Indiana
Leaders of Central Indiana's top research, academic and economic development organizations announced on Wednesday an effort to develop the region as a world-class center for the life sciences industry.
New Wyoming Laws Encourage Tech-based Economic Development
The Wyoming legislature wrapped up its 2001 General Session on March 1. Several laws and supplemental appropriations were made that affect local efforts to grow a stronger tech-based economy.
Senate Enrolled Act (SEA) 10 permits the Wyoming Business Council to use state funds to provide bridge financing to businesses, not to exceed 35 percent of the total cost of any particular project.