SSTI's annual conference is the field's most stimulating and rewarding professional development event of the year. We hope you are planning on joining us in Baltimore, Oct. 18-19. You can expect:

In addition to the 21-member Team Maryland, led by the Maryland Department of Business and Economic Development, the Maryland Technology Development Corporation (TEDCO) and the University System of Maryland, SSTI's 11th annual conference is made possible by the support of its national partners. SSTI extends its appreciation and thanks to the generous support received by the following exemplary organizations:

What factors will enable regions with a historical strong industrial heritage to become attractive to creative individuals? According to Richard Florida in his 2002 book, The Rise of the Creative Class, creative people are most drawn to places that have an abundance of existing creative talent, a tolerance for diversity, and the ability to produce technology.

Register today to be sure you receive this special rate. On Wednesday, Sept. 26, registration fees will increase by $100. Hosted by the Maryland Department of Business and Economic Development, the Maryland Technology Development Corporation, and the University System of Maryland, the 2007 SSTI Annual Conference will be held at the Renaissance Baltimore Harborplace Hotel Oct. 18-19.

Early registration is nearly over and the conference hotel is full, but you still have the opportunity to join representatives from 47 states and Canadian provinces at SSTI's 11th Annual Conference in Baltimore, Oct. 18-19, 2007 -- the nation's premier gathering for the tech-based economic development field.

Only a dozen seats remain available for new registrations to attend SSTI's 11th Annual Conference, which will be held Oct. 18-19 in Baltimore's fun-packed Inner Harbor. That's 12 seats, not a baker's dozen of 13. Given the two-week lead time before the event, SSTI strongly anticipates we will not be able to accommodate walk-in registrations the day of the conference. We encourage those of you making arrangements or planning to attend to register as soon as possible.

Socially-responsible entrepreneurs at the University of Maryland now have a new financial resource available to help them get new businesses off the ground. The university's Impact Pre-Seed Fund program will offer grants to students with business plans that could offer potential benefits to global society.

Although their courses of action may differ, competing proposals sponsored by the New York State Senate and Assembly would seem to have the same goal — create jobs, support small businesses, and transform the state's manufacturing sector.

Andrea Lohneiss, community development director for Riverhead, N.Y., is leaving to become Suffolk County's commissioner of economic development.

Dr. Russell Bessette has been appointed to the Federal Homeland Security Science and Technology Committee. Dr. Bessette currently is the executive director of the New York Office of Science, Technology and Academic Research (NYSTAR).

William Tew has resigned as director of the Office of Licensing and Technology Development for Johns Hopkins University.

Nearly every region engaged in building a tech-based economy wants more access to seed and venture capital money. It's particularly useful when your largest employer announces it will lay off up to 23 percent of its workforce – as many as 5,000 people in your community and 15,000 across the globe – during the next three years.

Three I's neatly sum up the 22 recommendations recently released by Maryland Governor Robert Erlich's Commission on Development of Advanced Technology Business — Investment, Innovation, and Image. The year-long study looked at the state's existing physical, financial and intellectual infrastructures to support the state's research and technology sectors, making specific recommendations in three groupings to foster continued growth.

New York Governor George Pataki, in his 10th State of the State Address last week, outlined a variety of initiatives designed to further promote tech-based economic development (TBED) in the state. From refining the state's Empire Zones program and strengthening the manufacturing sector to making New York a leader in renewable energy and academic research, the governor's agenda is not short on TBED items.

Ann Quinn was recently named managing director of the Maryland Department of Business and Economic Development Venture Capital Fund.

The Greater Baltimore Alliance, now renamed as the Economic Alliance of Greater Baltimore, has appointed David Gillece as chief executive officer and Christian Johansson as managing director.

Maryland's Department of Business and Economic Development has reorganized into three geographically defined divisions. Robert Hannon has been named to run the regional program.

SSTI's ninth annual Tech Talkin' Govs series highlights new and expanded TBED proposals from governors' state of the state, budget and inaugural addresses. The first installment of the series includes excerpts from New York and North Dakota.

To establish Maryland as a global leader in science, technology, engineering and mathematics (STEM) workforce and STEM-based R&D infrastructure, a task force convened last year by Gov. Martin O'Malley urges the state to adopt a set of initiatives to reach higher performance standards in teaching and learning in addition to greater productivity in transforming the state's high volume of R&D activity into economic growth and job creation.

As economists and policymakers debate the details of how and when the nation will recover from the recession, the topic of entrepreneurship and the role it will play in shaping the new economy continually arises. In the coming years, some analysts predict a rise in entrepreneurship both as a result of massive layoffs and an aging workforce not yet ready or able to retire.

Robert Fritzinger has been named the director of the new SUNY Fredonia Business Technology Incubator.

Ioanna Morfessis, a consultant from Phoenix, was unanimously appointed as the executive director of the Rhode Island Economic Development Corporation by the board of directors. Morfessis is expected to start work in January, and will serve as acting director until the Senate confirms her appointment.

While New York City's universities and research centers are among the country's top institutions for performing scientific research, the city’s institutions have not become the drivers of entrepreneurship and economic development witnessed in other regions of the U.S, according to a new report from the Center for an Urban Future. Additionally, the high cost of real estate and lack of affordable laboratory space inhibits local entrepreneurs from succeeding and deters high-tech investment.

Two recent efforts – a new program launched in Maryland and legislation introduced in Congress – aim to help manufacturers retool for the rapidly changing economy. Successful tech-based economies have an environment conducive to industry development of new, leading-edge products or services or processes that significantly enhance the competitiveness of existing operations. Programs and initiatives that provide industries with the essential tools and resources to effectively compete in the global marketplace are imperative to achieving this climate.

The New York State Foundation for Science, Technology and Innovation (NYSTAR), the state’s lead tech-based economic development agency, would see a significant boost in funding under a proposal unveiled by Gov. David Paterson to distribute $100 million in new Innovation Economy Matching Grants.

In his budget presentation to the legislature last week, Gov. Martin O’Malley called for continued support of his 10-year, $1 billion plan to build Maryland's reputation as a global leader in biosciences. To this end, the governor recommends $43 million in FY11 for stem cell research, tax credits for biotech companies, and support for biotechnology commercialization and translational research.