State and Local Tech-based ED RoundUp
Albany, New York
Health Reseach Inc., a branch of the New York State Department of Health, is looking to move its Pharmacogenomics Institute to a vacant laboratory in Rensselaer Technology Park, according to a recent article published in the Times Union. The 25,000-square-foot building that housed the Virogenics Corp., a vaccine-research company that left in 2000, has not been officially purchased. The state expects to lease the site when the Rensselaer County Industrial Development Agency closes on the purchase.
Maryland's TEDCO Launches Tech Transfer Fund
The Maryland Technology Development Corporation (TEDCO) kicked off the new year with a new $330,000 program to support Maryland companies wishing to develop technology-based products and/or services in collaboration with Johns Hopkins University (JHU), Morgan State University (MSU) or federal laboratories in Maryland. The Maryland Technology Transfer Fund (MTTF) will award non-equity investments of up to $50,000 per project.
Success Stories in University-based Entrepreneurial Encouragement
University of Buffalo Entrepreneurial Awards
An in-depth look at the one-year success of a student company to win last year's first Panasci Entrepreneurial Awards at the University of Buffalo recently was highlighted in the Buffalo News.
Study Finds Maryland Incubators Have Big Impact
The Maryland Technology Development Corp. (TEDCO), RESI (a regional economic studies institute at Towson University), and the Maryland Business Incubation Association (MBIA) presented on Thursday the results of the Maryland Incubator Impact Study — a first-of-its-kind study for the state by measuring the economic impact of Maryland's six public- and university-related high-tech business incubators on the state's economy.
Alarm Sounds for New Massachusetts S&T Strategy
"If technology is at the core of the Innovation Economy, then investment in research and development is one of the principal drivers in the creation of that technology."
People
The Information Technology Industry Council (ITIC) has announced that James Thurston has joined the ITIC team as Director of Technology Policy. Mr. Thurston has worked for NIST's Manufacturing Extension Partnership for several years.
Conference Sponsor Profile: The Manufacturing Extension Partnership
The Manufacturing Extension Partnership (MEP) is a nationwide network of not-for-profit Centers in over 400 locations nationwide, whose sole purpose is to provide the more than 361,000 small and medium-sized manufacturers in the country the help they need to succeed in a global economy.
Report Credits Worcester's Biotech Success to 1980s ED Policies
With the emphasis many state and local tech-based economic development organizations have placed on biotechnology over the past 12-18 months, few are far enough along in implementing their strategies to point to more than a handful of successes or new construction projects. The recent explosion in public investment of resources and policies toward developing local biotech capacity is largely based on the promise of anticipated economic gains in the near or not-so-near future.
Maryland Releases 2nd Innovation and Technology Index
With the completion of the 2001 edition of the Maryland Innovation and Technology Index, the Maryland Technology Development Corporation (TEDCO) is able to show state policymakers and tech community leaders graphically and statistically the state’s progress since the first Index was prepared two years ago.
Maryland TEDCO Tops VC List for Third Year in a Row
For the third year, the Maryland Technology Development Corporation (TEDCO) has been named the nations most active source of early-stage or angel capital. TEDCO leads the list of the 100 top venture capital firms, based on the quarterly MoneyTree survey published by PriceWaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association (NVCA). The 2005 list appears in the July issue of Entrepreneur magazine.
People
Wes Blakeslee is the new acting director of the Office of Licensing and Technology Development at Johns Hopkins University. Blakeslee replaces Jill Sorensen, who resigned last month.
People
Ray Dizon is the new managing director of the Maryland Venture Fund, replacing Elizabeth Good.
People
The Dingman Center for Entrepreneurship at the University of Maryland, College Park named Dan Goodman as its first technology commercialization fellow.
People
John Reardon will be new Charles County Economic Development Department chief in Maryland, effective in December.
People
Jeff Brancato has been named Associate Vice President for Economic Development of University of Massachusetts.
People
Johns Hopkins University has named Jill Tarzian Sorenson to serve as associate provost and director of the Office of Licensing and Technology Development.
NIH Changes Ground Rules for Biotech
The nation's most significant source of funding for life science research, the National Institutes of Health, announced two sweeping changes last week that could dramatically alter biotechnology commercialization. The first policy change addresses known and potential conflicts of interest by NIH employees, while the second encourages all NIH-funded research to be released publicly within 12 months of final publication.
People
Mark Robinson resigned as chief operating officer of the Massachusetts Biotechnology Council to join the American Academy of Arts and Sciences.
Maryland's TEDCO Tops List of Most Active for Early-stage VC
For the second year in a row, the Maryland Technology Development Corporation (TEDCO) was the most active source of early-stage or angel capital, according to the July issue of Entrepreneur magazine.
People
Former Massachusetts State Senator Peter Larkin is the senior vice president and chief operating officer for the Massachusetts Biotechnology Council.
People
Chris Marschner is the new president of the Maryland Business Incubation Association (MBIA).
MTC Index Produces Mixed Results for State's Economy
The challenge for industry, academic leaders and policymakers in Massachusetts over the next few years is to translate the competitive strengths of the state's economy into new companies and new jobs, the ninth annual Index of the Massachusetts Innovation Economy indicates.
Publisher's Note: Kevin Carr to Leave MEP
Last week, Kevin Carr, the director of the Manufacturing Extension Partnership, announced that he would be leaving his position and NIST effective June 30. Kevin has led the program since 1994, and under his leadership, MEP became the exemplary federal program for working in partnership with the states.
People
MdBio, Inc., a nonprofit organization servicing Maryland's bioscience industry, announced it will be renamed the MdBio Foundation under restructuring and expansion efforts. The 501(c)3 organization will be overseen by a new 501(c)6 nonprofit membership trade association, MdBio, Inc.
People
President Bush has nominated Dr. William Jeffrey as director of the National Institute of Standards and Technology (NIST). The nomination is subject to Senate confirmation.