Details on a $110 million initiative to create more jobs and stimulate the Massachusetts economy were released yesterday by Massachusetts House Speaker Tom Finneran and other state leaders. The initiative, Mass Jobs: Investment and Opportunity, is an innovation-friendly plan to streamline government functions and encourage growth in emerging technology through capital formation, regional development, and stability in regulation and taxation.

The Virginia Institute for Defense and Homeland Security has named Hugh Montgomery, Jr. as the consortium's first director, effective July 1.

Meeting short-term budget demands are consuming more and more of state, local and academic tech-based economic development practitioners' time. However, keeping an eye on the long-range funding picture is critical for sustained success. One of the most important federal sources for supporting the research enterprise is the National Science Foundation (NSF).

The new executive director of the Virginia Piedmont Technology Council is Gail Milligan.

The National Science Foundation (NSF) has announced it intends to award approximately $30 million in FY 2005 funding under the Science and Technology Centers (STC): Integrative Partnerships program. NSF is encouraging proposals for high quality innovative research projects that undertake investigations across or within disciplines.

Jeff Bond, former long-time manager of the BMDO SBIR program, has been named Acting DoD SBIR/STTR Administrator, replacing the retiring Ivory Fisher.

Massachusetts Governor Mitt Romney recently announced a plan to spur job growth in the state by tapping the expertise of area business, community and education leaders through Regional Competitiveness Councils. Six such councils will represent the Berkshires, Cape and Islands, Central, Northeast, Pioneer Valley and the Southeast regions of the state.

With nearly $1 billion in federal R&D funding proposed for the new Department of Homeland Security, many states, universities and companies are exploring ways to be actively involved as R&D partners. Already home to several military and intelligence research activities, with proximity to Washington, D.C. in its favor, Virginia recently announced an effort to further strengthen its competitive position in the funding race.

Many states and communities are focusing their limited technology-based economic development funds toward cluster development, concentrating on those sectors in which some assemblage already exists within the jurisdiction. Proponents of the approach suggest the public sector is able to maximize its investments in those areas already showing some strength.

Ellen Hemmerly has been named president of the nonprofit Association of University Research Parks.

Charles W. Steger, President of Virginia Tech. has been elected chairman of Virginia's Center for Innovative Technology. Paula S. Gulak, Founding Partner of SyCom Technologies, is the new Vice Chairman.

Since reaching a high point of almost 27,300 in 1998, the number of science and engineering (S&E) doctorates has dropped by 7 percent to just over 25,500 in 2001, reports a 2001 nationwide survey conducted for the National Science Foundation (NSF). The decline since 1998 has led to a rollback of total Ph.D.s to pre-1994 levels, the report states.

The National Science Foundation (NSF) plans to fund $9 million in new FY 2003 awards under the Partnerships for Innovation (PFI) Program, according to the program solicitation's recent release. To promote PFI, NSF will sponsor 15-25 partnerships among academe, government and the private sector that explore new approaches to innovation.

The purpose of the program, as defined in the PFI solicitation, is threefold:

The Board of Directors for Virginia’s Center for Innovative Technology (CIT) announced last week their selection of Peter Jobse as the new president of CIT. Jobse has been CIT’s executive vice president and chief operating officer since joining the organization in October 2002.

A strategic plan issued in 2002 by the Fifth Planning District Regional Alliance in Virginia may officially have completed the first phase when the Alliance recently awarded $273,342 in grants and earmarked funds.

The Institute for Government Innovations has announced it is accepting applications for the 17th Annual Innovations in American Government Awards, ultimately to identify outstanding examples of creative problem solving in the public sector.

Most practitioners who have been in the tech-based economic development field long enough know the presence of a strong research university can make the job much easier. New innovations and technologies to commercialize through licensing and spinoff companies, research facilities and experts to partner with local companies, and a constant supply of fresh graduates for the workforce are just a few of the benefits a research institution can offer the local and regional economy.

Massachusetts' high tech economy was hammered by the economic equivalent of a nor’easter throughout much of 2002, according to a report released by the Massachusetts Technology Collaborative (MTC). The Index of the Massachusetts Innovation Economy tracks nine industry clusters and 30 economic indicators and documents the declines experienced in the Massachusetts Innovation Economy, which is responsible for one quarter of all jobs in the state.

In an era of tight public budgets, sources of seed funding for early stage and developmental research projects with potential for commercialization is getting harder to come by. Many state initiatives to support these endeavors are subject to the same budget cuts as other areas, and small firms' interests in the federal Small Business Innovation Research (SBIR) program are increasing pressure for these already competitive grants.

The National Science Foundation (NSF) has announced it intends to have almost $200,000 in fiscal year 2003 funds for new awards under the Presidential Awards for Excellence in Science, Mathematics and Engineering Mentoring (PAESMEM) Program. Nominations to honor individuals and institutions are invited for the 2003 competition of these annual awards.

The National Science Foundation (NSF) has released a statistical report on Science and Engineering Doctorate Awards: 2001. The data show trends in science and engineering (S&E) doctorate awards by S&E field and recipient characteristics, institutions awarding doctorates, and postgraduation plans of recipients.

Peter Jobse has been named executive vice president and chief operating officer of Virginia's Center for Innovative Technology.

The National Science Foundation (NSF) recently announced 24 awards under the new Math and Science Partnership (MSP) Program — an anticipated investment of $240 million over five years in projects to improve the achievement of K-12 students in science and mathematics. The Department of Education is an NSF partner in this effort, co-funding two projects involving state education agencies.

Harvard University President Lawrence Summers announced his resignation this afternoon. Former Harvard president Derek Bok is to serve as interim president for the university.

With several of the right elements already in place but scattered across a wide area, the two planning districts comprising the 13-county region surrounding Roanoke, Virginia, combined efforts to develop a strategic economic development strategy that focuses heavily on science and technology-based initiatives.