There are less than 100 of our readers - now approaching a total of 100,000 - that may be able to look into their electronic mailboxes and even eight-year-old paper files to see that this issue of the SSTI Weekly Digest is our 400th. What began in March 1996 as a two-page weekly fax to key science and technology leaders in most states has evolved into the one of the most widely read e-news sources for the tech-based economic development community in the U.S.

A new agreement between the State of Maryland and the National Security Agency (NSA) is expected to lead to new technologies for both. The two formalized a partnership earlier this month, signing a memorandum of understanding at the Maryland State House.

Includes $24M for Biomedical Research, $50M for Wright Centers

Bill Badger announced he will resign as president and CEO of the Anne Arundel County Economic Development Corp. to take an executive position with M&T Bank.

Toucan Capital announced the appointment of Dr. Phillip Singerman as a new Venture Partner.

Baiju Shah is the new president of the Cleveland's BioEnterprise Corp., succeeding Matt Jennings.

A new report from the Advanced Technology Program (ATP), A Toolkit for Evaluating Public R&D Investment, provides useful information to anyone interested in evaluating publicly-sponsored research and development (R&D) programs. While the report focuses on more than 40 evaluations that have been performed for ATP, it offers one of the most comprehensive and understandable overviews of evaluation methods and applying those approaches.

For just over eight years, the SSTI Weekly Digest has come to you every Friday...first it was by fax, then by e-mail.  Starting with this issue, the Digest makes a change and will be distributed each Monday.  We believe this change will help you get your week started right...and will give the SSTI staff something to do on the weekend.

SSTI welcomes Rhiannon Mehring to its staff as a research associate.

The Wright Center for Innovation for Advanced Data Management and Analysis named Charles Walsh as its first president.

The Fund for Our Economic Future, a new collaboration of Northeast Ohio private, community and corporate foundations to support regional economic development, has secured more than $22 million in commitments and is expected to grow to $30 million. Launched last week, the fund is believed to be the largest and most comprehensive philanthropic collaboration of its kind in the U.S.

As with every public policy or program to promote economic development, TBED initiatives can fall victim to critics’ concerns regarding the value of these approaches if performance measurement is not an integral component of your efforts. Fair assessment of impact, though, remains a thorny issue for many TBED strategies because of the early stage of investment (e.g. support for university research, entrepreneurship education or even seed capital).

 

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.

The following recently became SSTI affiliates or supporters:

Membership in SSTI allows access to the most extensive network of current and past practitioners, academics and policymakers who are attempting to speed commercialization and encourage innovation.

Joining SSTI places your organization with today’s TBED leaders. SSTI connects you to active members in 46 states, Puerto Rico and Canada, enabling you to share experiences and best practices with your peers from across the continent.

Coming a little late in the year to be included among our Tech Talkin’ Govs series (see Digest issues for Jan. 8, 15 and 29 and Feb. 19), Ohio Gov. Ted Strickland delivered his first State of the State Address on Mar. 14. Below are excerpts from his address calling for a $1 billion investment in alternative and renewable energy technologies over four years.

 

SSTI serves as the TBED community’s go-to resource and strategic partner when dealing with TBED issues. SSTI’s unique ability to address the information needs of its members comes from the fact that SSTI’s staff and board have been “in the trenches” of technology-based economic development. SSTI’s president, vice president and board members, including former Governors John Engler of Michigan and Michael Dukakis of Massachusetts, have more than two decades’ of direct policy development and service delivery experience.

Dan Lohymeyer has stepped down as president of Ohio's IT Alliance.

The new executive director of the Center for Regional Economic Issues is Edward Morrison.

To transform the nation’s medical research capabilities and speed the movement of research discoveries from the bench to the bedside, the National Institutes of Health (NIH) laid out on Monday a series of initiatives collectively known as the NIH Roadmap for Medical Research.

Gaining an understanding of the real and potential economic impact of government investments in research and development (R&D) has suffered for decades from a lack of rigorous but broadly applicable methodologies for the assessment. To advance the field toward a more appropriate degree of uniformity, the National Institute of Standards and Technology (NIST) recently released a primer on economic impact analysis of government R&D programs.

Biotechnology is one of the few tech-sectors in which jobs still seem to be in strong demand despite the weak economy, according to local news reports from around the country. As a result, many states, communities and universities have directed a portion of their economic development efforts toward encouraging life sciences research and biotech commercialization.

The SSTI Weekly Digest will be taking a brief summer break and will resume publication on Friday, August 22.