Washington Gains Rural Tech Fund, Pension VC Investments
The past week has marked the beginning of two public initiatives in Washington State to increase the availability of financing for technology firms.
TEDCO, DBED Study Shows Origins of Maryland Entrepreneurs
The Maryland Technology Development Corp. (TEDCO) and the Department of Business and Economic Development (DBED) recently presented the first part of a two-phase study by the Johns Hopkins Institute for Policy Studies entitled The Genealogy of Maryland Entrepreneurs.
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.
Northwest's Tri-Cities Has Strong Tech Presence in U.S.
The Tri-Cities (Richland-Kennewick-Pasco) ranks near the top 10 percent nationwide in technology industry growth and offers significant quality-of-life advantages over comparable communities, according to a recent report on local technology business.
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.
People
Christopher C. Foster is the new state technology coordinator at the Maryland Department of Business and Economic Development.
People
Dr. Leonard Peters is the new director of the Department of Energy's Pacific Northwest National Laboratory.
Washington Leads in New Company Creation, Index Finds
Washington State still ranks first nationally in the creation of new companies, according to the third annual Index of Innovation and Technology released by the Washington Technology Center (WTC), a state-funded organization that fosters technology employment growth. The Index also shows the number of patents earned by Washington inventors increased by 11 percent from 2000 to 2001.
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.
People
Jack Faris is the new president of the Washington Biotechnology & Biomedical Association.
People
Johns Hopkins University has named Jill Tarzian Sorenson to serve as associate provost and director of the Office of Licensing and Technology Development.
Washington Gov. Proposes $350M Life Science Fund
Gov. Christine Gregoire announced the first stages of her economic development program last Wednesday, highlighted by a proposal to inject $35 million annually starting in 2008 for the next 10 years into life sciences research at the state's universities. Gov. Gregoire also requested legislation be introduced this week that would facilitate the transfer of technology from research institutions to the private sector.
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.
Under Armour Chairman & CEO to Speak at SSTI's 11th Annual Conference
SSTI is pleased to announce that Mr. Kevin Plank, chairman and chief executive officer of Under Armour Inc., will be a keynote speaker at SSTI's 11th Annual Conference on Oct. 18-19 in Baltimore.
Captivating Youth Interest in High-Tech Manufacturing Fields
From federal, state and local governments to nonprofit organizations and private industry, nearly every sector has a stake in recruiting youth to the high-tech manufacturing jobs of the future in order to maintain a competitive advantage.
TEDCO Actively Seeding Start-ups
The Maryland Technology Development Corporation has awarded more than $500,000 to seven start-up technology companies. The program, TEDCO’s Maryland Technology Transfer Fund (MTTF), is designed to help businesses transfer technology from Maryland universities and federal laboratories into the marketplace. The grants range between $70,000 and $75,000.
Last Chance to Become SSTI Conference Partner
SSTI is wrapping up the conference brochure for our 11th annual conference, Transforming Regional Economies, a mailing that goes to more than 12,000 TBED practitioners.
People & TBED Organizations
Graham Evans has joined Washington Technology Center as director of research and program operations.
People & TBED Organizations
Sen. Patrick Hogan announced he would step down from the Maryland State Senate to become vice chancellor for government relations for the University System of Maryland.
No Walk-in Registration at SSTI's Annual Conference Next Week; Digest Resumes Publication Oct. 31
Thank you! Interest in SSTI's 11th annual conference has been extremely high since the agenda was released during the summer, and, as we expected and warned, SSTI will not be able to accommodate walk-in registrations on the day of the event. We apologize for the inconvenience and the missed opportunity this creates for a number of Digest readers.
Five Zones Share $4.3M to Promote and Develop Regional Economies in Washington
Washington State is attempting to replicate the success of North Carolina’s Research Triangle in promoting regionalism and industry clusters through a new Innovation Partnership Zones initiative.
People & TBED Organizations
Michael Dailey was elected president of the Maryland Business Incubation Association.
SSTI Presents Awards of Excellence to Six Organizations Improving the Nation's Competitiveness
As part of SSTI's 11th Annual Conference, recipients of the first annual SSTI Excellence in TBED Awards were honored for their participation in a national competition showcasing best practices in approaches to building tech-based economies.
Designed to celebrate exceptional achievement in addressing the elements that have been found in successful technology-based economies, the awards program recognizes efforts to improve state and regional economies through science, technology and innovation.
People
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.