University R&D, Tech Big Winners in Competing NY Proposals
Whether it is proposal A, proposal B, or some combination of A and B, university research and development efforts in New York stand to gain an additional $40-50 million per year for the next five years. The new funding would be in addition to the $135 million injection of state funding directed toward university research excellence through the New York State Office of Science, Technology and Academic Research (NYSTAR).
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.
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.
NYC, Tech-based ED and September 11
With disaster comes opportunity for dramatic changes to occur through the healing and rebuilding processes. Floods, hurricanes and tornados have helped to energize devastated areas into becoming more vibrant communities. The deep recession of the late 80s and restructuring of many key industrial sectors ushered in many state tech-based economic development programs, the benefits of which are being felt more than a decade later.
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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.
Web Site of Tech Resources for Nonprofits Launched
Declaring September “Nonprofits & Technology Month,” the Foundation Center has launched a website presenting myriad financial and technical assistance resources to support the acquisition and use of information technology in nonprofit organizations.
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.
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.
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Michael Relyea has been named executive director of New York State Foundation for Science, Technology and Innovation, the public benefit authority that oversees the New York State Office of Science, Technology and Academic Research (NYSTAR). Dr. Russell Bessette, executive director of NYSTAR, will serve as chief science advisor for the foundation and its board.
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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.
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Ray Dizon is the new managing director of the Maryland Venture Fund, replacing Elizabeth Good.
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Kelly Lovell is resigning her post as president and CEO of the Center for Economic Growth Inc. to head the U.S. subsidiary of International Business Development Group, a consulting company based in England.
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The Dingman Center for Entrepreneurship at the University of Maryland, College Park named Dan Goodman as its first technology commercialization fellow.
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Jim Denn was named deputy executive director of the New York State Office of Science, Technology and Academic Research (NYSTAR).
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John Reardon will be new Charles County Economic Development Department chief in Maryland, effective in December.
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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.
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Linda Hartsock was hired by Empire State Development to serve as regional director for Central New York.
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Marilyn Higgins joined Syracuse University as vice president for community engagement and economic impact.
Santa Fe to Nurture Clusters to Diversify its Economy
A community essentially has two options for strategies to diversify its economic base: traditional economic development or technology-based economic development (TBED). The traditional approach of recruiting or inducing companies to relocate to their community from elsewhere creates an atmosphere of competition, rivalry and one-upmanship among cities and regions as they bid to buy firms' location decisions. Often, it is also difficult for small and mid-sized communities to compete on these terms.
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.
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Chris Marschner is the new president of the Maryland Business Incubation Association (MBIA).
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Robert Chernow was appointed to the newly created position of vice provost for entrepreneurship at Rensselaer Polytechnic Institute.
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.