People
Chris Engle, former vice president of Angelou Economics, has joined New Economy Strategies as chief project officer and principal.
New Jersey Appropriates $270M to Build Biomedical and Stem Cell Research Facilities
Last month, New Jersey Gov. Jon Corzine signed a bill that will contribute $270 million to the construction of five biotechnology research facilities across the state. The funding source will be bonds backed up by cigarette tax revenue, as issued by the New Jersey Economic Development Authority. Gov.
Texas Gov. Requests $300M for New TBED Effort
Gov. Rick Perry is asking the Texas Legislature to appropriate $300 million for a new program designed to foster emerging technologies, enhance university-industry collaboration, and promote technology commercialization. If approved, the multi-faceted effort would be the most aggressive tech-based economic development initiative in the state's history.
NJ Gov. Wants Money For Stem Cell Research, Tax Credits
"We cannot be satisfied with simply passing stem cell research legislation."
People
With Randall Olson's resignation, Pat Dillon has become the executive director for Minnesota Project Innovation.
Job Opportunity in Tech-based Economic Development
Minnesota Technology Inc. (MTI), the leading technology-based economic development organization in the state of Minnesota, is seeking a Deputy Director to serve as the right hand to the CEO. This critical position will be responsible for the following:
Recent Papers from the Fed Touch on Tech-based ED
Cleveland Fed: "Innovation, Growth, and Economic Policy in an Environment of Change,"
At a time when manufacturing jobs are relenting to the pressures of an expanded service sector, foreign competition and productivity growth, the idea of economic prosperity has a renewed urgency with innovation as the greatest strength and flexibility the greatest asset, argues a new report from the Federal Reserve Bank of Cleveland.
State Budgets: '04 Blacker; '05 Red for Nearly Half
With only two months to go in the 2004 fiscal year for most states, 32 are projecting small surpluses in the end - a sharp contrast to the situation they faced a year ago - according to a new report by the National Conference of State Legislatures (NCSL).
Minnesota, Texas Capture Two DHS Centers
The U.S. Department of Homeland Security (DHS) recently selected Texas A&M University and the University of Minnesota to lead the second and third Homeland Security Centers of Excellence (HS-Centers). The department anticipates providing Texas A&M University, the University of Minnesota and their partners with a total of $33 million over the course of the next three years to address security in two key agricultural sectors -- foreign animal diseases and food security.
People
Dave Eater has announced his departure from the New Jersey Science and Technology Commission.
Study Highlights Successful Programs in Rural Governance
Innovations in public and private institutions could be the key to aligning governance with opportunity, according to the Center for the Study of Rural America's latest annual report.
People
Sherrie Priesche, the science and technology advisor to New Jersey Governor James McGreevey, has been appointed as the new executive director for the New Jersey Commission on Science and Technology.
Minnesota Report Spotlights Concerns of State's Manufacturers
The need for tax cuts, reduced and simplified regulations, a well-trained workforce, lower employee health care costs, and a state-sponsored industry advocate are among the top concerns shared by a core group of Minnesota manufacturers.
People
Peter Bianco has been named executive director of University Enterprise Laboratories, a nonprofit entity created by the University of Minnesota that provides incubator laboratory space for bioscience start-up companies.
Minnesota Cluster-Entrepreneurship Conference Presentations Available
The presentations from last week's conference, Knowledge Clusters and Entrepreneurship in Regional Economic Development, now available online, provide a good introduction to many of the topics and issues to be discussed at SSTI's annual conference, Building Tech-based Economies: Preparing for Tomorrow's Challenges, in Philadelphia, Oct. 13-15.
New Jersey Commits $25M for Innovation Zones
Location-based tax incentives to encourage the clustering of technology companies in distressed areas or around research universities has grown in popularity since Michigan's smart zones were created several years ago.
People
Reports suggest New Jersey Gov. James McGreevey, resigning his office in mid-November, will be named the first director of the Stem Cell Institute of New Jersey. Securing funding for the center has been a legislative priority for the Governor this year.
People
Virginia Bauer, former New Jersey commerce secretary, was sworn in as CEO and secretary of the New Jersey Commerce & Economic Growth Commission.
Want more Entrepreneurship from the Ivory Towers? Try a Culture Change
Study Suggests Cultural Changes in Universities Could Be Key to Promoting Greater Tech Transfer
Texas STEM Program Finds Improved S&E Attitudes, Perceptions
Many minority population groups are historically underrepresented in science, technology, engineering, and math (STEM) fields. This is particularly true of the country's Latino population, one of the fastest growing segments of the U.S workforce. As a result, several state and regional tech-based economic development programs are looking for ways to broaden participation in STEM fields. A recent evaluation of a Texas program finds encouraging results, perhaps suggesting a model for others to replicate.
Texas Unveils First Phase of Cluster Initiative
Gov. Rick Perry announced last month a long-term, strategic job creation plan that will focus state efforts on six industry clusters that economists say will be the engine of future job creation and economic growth in the U.S. Although the state already has an advantage in terms of a growing workforce, the key is retaining workers that are skilled and trained in emerging technology fields, the governor said.
Minnesota Governor Announces Clean Energy Initiatives
Minnesota Gov. Tim Pawlenty recently unveiled four energy initiatives to promote clean energy R&D and the use of renewable energy technologies in the state. Through a combination of executive orders and legislative proposals, the programs are intended to push Minnesota towards its goals of having 25 percent of the state’s energy come from renewable sources by 2025 and reducing the state’s greenhouse emissions 80 percent by 2050. These new initiatives are:
Funding Cleared for $3B Stem Cell Research in California
Texas Voters Likely to Decide on Similar Level for Cancer Research
After years of legal challenges to the California Stem Cell Research and Cures Act, the path for funding the $3 billion initiative has been cleared by the California Supreme Court. Texas may soon join the race to fund medical research with its own $3 billion bond issue supporting cancer research.
Minnesota Approves Energy Initiative, Funding for TBED
Funding for energy and TBED initiatives were highlighted in the fiscal year 2007-09 biennial budget at the close of the legislative session in Minnesota late last month. Winning nearly unanimous approval from the legislature was Gov. Tim Pawlenty’s Next Generation Initiative announced during his State-of-the-State Address (see the Jan.
People & TBED Organizations
The Houston Technology Center has launched its new Emerging Technology Council.