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
Chris Marschner is the new president of the Maryland Business Incubation Association (MBIA).
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.
Rhode Island Going Wireless?
While many states are striving to increase broadband availability (see the Kentucky story above, for example), a Providence-based nonprofit released a study this month promoting the feasibility of making Rhode Island the first entirely networked state for broadband wireless.
Rhode Island Gov. Establishes S&T Advisory Council and Manufacturing Partnership
Gov. Donald Carcieri last month announced two new initiatives targeting Rhode Island's science and technology (S&T) and manufacturing industries. On April 12, Gov. Carcieri signed an Executive Order creating the Science & Technology Advisory Council.
TBED Organizations & People Update
To reduce administrative costs by up to $500,000 and to improve operational efficiencies, the Slater Fund Board of Directors has approved plans to consolidate Rhode Island's four Slater Centers into a single entity, the Slater Technology Fund, Inc. The fund will retain its four technology thrusts of biomedical technology, interactive technologies, design and manufacturing, and marine and environmental technologies.
TBED Organizations & People Update
Dyan Brasington, former president of the Technology Council of Maryland, is the new director of economic and workforce development at Towson University.
TBED Organizations & People Update
Greater Baltimore Technology Council executive director Penny Lewandowski is leaving at the end of May to join the Edward Lowe Foundation in Detroit. Assistant director Steve Kovak has been named her successor.
Maryland Creates Loan Program for Incubator Tenants
Maryland has a new program to provide loans to early stage technology-oriented companies that are affiliated with the incubation network, Governor Robert Ehrlich announced earlier this month. The $500,000 Working Capital Loan Fund, administered by the Maryland Technology Development Corporation (TEDCO), will offer low-interest, flexible term loans of between $15,000 and $50,000 to companies in underserved parts of Maryland.
People
Phillip Singerman resigned as executive director of the Maryland Technology Development Corp.. Renee Winsky will serve as interim executive director until a permanent replacement is named.
People
The Maryland Department of Business and Economic Development appointed Benjamin Wu as the assistant secretary for the Capital Region and senior advisor for technology policy.
Growth Capital for Targeted Industries at Center of Rhode Island Economic Plan
Using the state’s regional advantage, the Rhode Island Economic Development Corporation (RIEDC) wants to create high-wage jobs in targeted industry sectors and establish new equity and financing programs that provide growth capital to sustain the ventures, the agency announced last week.
People
C. Robert Eaton is resigning as president of MdBio, effective March 31, 2007, to pursue other opportunities in the private sector.
ATP Announces Details on Competition, Proposers’ Conferences
Approximately $60 million is expected to be available under a new Advanced Technology Program (ATP) competition to support high-risk industrial R&D projects, the program announced today.
Rhode Island Plan Calls for Action
The Rhode Island Economic Policy Council has concluded a year-long examination of the state's economy with a call for nine recommendations to be implemented.
Baldrige Winners Outperform S&P 500 Again
The "Baldrige Index" for 1996 outperformed the Standard & Poor's 500 for the third year in a row, according to a study prepared by the National Institute of Standards and Technology (NIST). The fictitious index is made up of winners of the Malcolm Baldrige National Quality Award.
Guide to NIST Available
The new Guide to NIST, a one-stop information resource on the National Institute of Standards and Technology (NIST), is now available. The 164-page volume describes hundreds of different research projects, grants, industry outreach programs, services and facilities. The publication updates a 1993 edition. Requests for the guide can be faxed to 301/926-1630. An electronic version will be available online later this year on the NIST home page at http://www.nist.gov
Federal R&D Programs Report Now Online
The materials research and development programs of nine federal departments and agencies are available in a new report, The Federal Research and Development Program in Materials Science and Technology 1995. The report was developed as a guide for materials researchers in industry, government, and universities. The emphasis in the report is on R&D directly linked to industrial applications, particularly in the areas of aeronautics, automotive technology, electronics, environmental technology, and infrastructure.
Rhode Island Announces State's First Centers of Excellence
The State of Rhode Island has selected two Research Centers of Excellence designed to expand research initiatives and encourage investment and job opportunities. The Rhode Island Center for Cellular Medicine and the Ocean Technology Center are the state's first technology centers.
NIST Position Available
The National Institute of Standards and Technology (NIST) is seeking candidates to fill the position of Associate Director for Regional Programs. Responsibilities will include the creation, planning, evaluation and maintenance of a national network of state and local technology assistance providers to develop and enhance their capabilities to meet the needs of small and medium sized manufacturers.
ATP Public Meeting: Tools for DNA Diagnostics
The Advanced Technology Program (ATP) of the National Institute for Standards and Technology (NIST) has announced a public meeting to bring together all ATP awardees of the ATP Tools for DNA Diagnostics program "to present an overview of the non-proprietary aspects of their research and development activities." The goals of the meeting are to: "inform the DNA diagnostics community about activities at this stage of the focused program, promote cross-fertilization of concepts and efforts, promote strategic partnering across companies a
MEP Eases Access to Services
Small and medium-sized manufacturers looking for assistance in solving technical and business problems now have improved access to the Manufacturing Extension Partnership (MEP). MEP is a nationwide network of locally managed centers in 42 states and Puerto Rico offering technical assistance to smaller manufacturers.
People
Rhode Island Gov. Donald Carcieri promoted Saul Kaplan to serve as the new director of the Rhode Island Economic Development Corp. Kaplan replaces three-year veteran Michael McMahon, who left to launch a new equity firm.