$40 Million Biotech Commercialization Fund Seeded in Minnesota
One of the few new spending bills to make it through the 2001 session of the Minnesota Legislature provides $10 million in seed money for technology commercialization through a new Biomedical Innovation and Commercialization Initiative (BICI – pronounced beach-ee). The BICI appropriation is contingent upon state economic development officials securing a three-to-one private sector match.
Ohio Creates Aerospace/Defense Advisory Council
Ohio Governor Bob Taft last week signed legislation creating the Ohio Aerospace and Defense Council to examine state and federal laws, rules, and policies that affect the two industries and associated federal installations in Ohio. Ohio is home to Wright Patterson Air Force Base, the state’s largest single-site employer, and the NASA Glen Research Center in Cleveland.
Six objectives are to be addressed by the council:
People
SSTI welcomes Brandon Lawrence to its staff as a Graduate Research Assistant. Brandon holds a BS in microbiology from Miami University (Ohio) and is working on his MBA at Ohio State University.
Funding Opportunities, Inventions & SBIR Special Issue
Due to length considerations, this week's Funding Opportunities Supplement to the SSTI Weekly Digest was sent separately.
Search Capability Returns to SSTI Website
Ever wonder how many SSTI Weekly Digest articles have covered tax credits? (Answer is 47) strategic plans? (35), biotechnology? (80), workforce issues?(92), indicators? (14), telecommunications? (77), math & science? (50), capital, both seed and venture? (150)
To help make your research efforts easier, SSTI has restored the search feature for our website: http://ssti.org.master.com Feedback from users would be appreciated.
People
SSTI welcomes Anulet Jones to our team as a Research Assistant. Ms. Jones has an engineering degree from Georgia Tech and is working on her MBA at Capital University in Columbus, Ohio.
People
SSTI welcomes Mark Kish to the staff as our new Writer/PR Assistant. Mark will assist with the SSTI Weekly Digest, updating and expanding our website, and planning for our September 19-21 annual conference.
SSTI Job Corner
For more information on the positions below, visit SSTI's online Job Corner at http://www.ssti.org/posting.htm.
SSTI Weekly Digest Takes Spring Break
The SSTI Weekly Digest will be taking a brief spring break and will resume publication on Friday, April 6.
For the “Oh, Yeah?” Department: More on Local Technology Incubators
Editor’s Note: For the skeptical Digest reader that viewed our assertion in last week’s issue that there is an average of at least one incubator-related article published somewhere in the country each day. Since we have several clippings on hand, it is easy to provide more examples of the continuing explosion of communities and states using non-profit incubators as tools for developing and expanding tech-based economies.
MTI Launches $3 Million Cluster Initiative
Over the next three years, Minnesota Technology, Inc. (MTI) will invest $3 million to support the development of existing and emerging technology-focused industry clusters. The new program is designed to increase collaboration between groups of tech business and the state’s nonprofit research, federal lab, and academic research communities.
Minneapolis Collaboration Offers Approach to Addressing Digital Divide & Expanding IT Workforce
An initiative to provide computer training to local teenagers to help jumpstart their information technology careers was launched earlier this month in Minneapolis. The Community IT Learning Center is the result of a partnership involving a North Minneapolis-based youth development organization, two local technology training companies, and Microsoft.
What's Next for TBED?
While politicians across the nation are worrying about where their paycheck will come from in January, TBED programs are determining the best investments elected officials should make for transforming regional economies to be more competitive in a knowledge economy. Join SSTI in Oklahoma City Nov. 1-2 to learn about some of the most successful TBED strategies around the country and trends that should influence future directions.
States Increasing STEM Focus: Examples from Minnesota, Missouri
If the most important jobs of the future will be connected to science and engineering disciplines, then, the current thinking goes, the U.S. needs to have more scientists and engineers in its future workforce. To achieve this, more emphasis needs to be placed on science, technology, engineering and mathematics (STEM) curricula, beginning with math and science education in the K-12 experience.
Maximize Your Professional Development Dollars with Pre-conference Options
On Oct. 31, SSTI will offer four exciting options as pre-conference activities. Registration is separate from the full conference fee.
Transforming a Regional Economy: Moving Forward Together
Brookings Provides Regional Strategies to Improve Great Lakes' Economy
As Ohio's General Assembly is poised to vote this week on whether or not to join a multi-state/province compact to govern use of Great Lake waters, the Brookings Institution is recommending a similar regional approach for coping with the area's economic future.
People
Columbus State University (Ga.) appointed James Bowie as director of its Columbus Technology Incubator.
People
Ohio Gov.-elect Ted Strickland announced he will nominate Lieutenant Gov.-elect Lee Fisher to be the state's development director.
Obtaining the Resource Guide for TBED
A Resource Guide for Technology-based Economic Development is available from SSTI as a free, downloadable PDF at http://www.ssti.org/Publications/Onlinepubs/resource_guide.pdf or as an inexpensive 90-page bound book (a format still more likely to be perused by most legislators or gubernatorial staff than a pile of printouts). Single print copies are $15 plus shipping and handling.
SSTI Brought 1,400+ Funding Opportunities to Subscribers in 2006
So far this year, SSTI's Funding Supplement has made its subscribers aware of more than 1,450 different opportunities to secure funding. Another 40-50 new opportunities will be included in this week's issue. If you aren't a subscriber, your client companies, academic researchers, and state and local TBED efforts are at a significant disadvantage.
Want Some Advice on Your TBED Efforts?
SSTI's most recent publication, A Resource Guide for Technology-based Economic Development, provides valuable insights into three of the most important elements of transforming regional economies:
People
Gov. Tim Pawlenty shifted Ward Einess from his position as acting director of the Minnesota Department of Employment and Economic Development to commissioner of the state Department of Revenue. No replacement has been named for Einess.
People
Bruce Johnson, formerly Ohio's lieutenant governor and development director, was named president and CEO of the Inter-University Council of Ohio.
Job Corner: SSTI Seeks Policy Analyst
SSTI, a growing nonprofit organization serving the nation's tech-based economic development (TBED) community, seeks a policy analyst to research and prepare reports, articles and papers on TBED and assist with SSTI events. Excellent research abilities, strong writing and verbal skills and solid understanding of government are required. Candidates must have ability to work independently or as part of a committed team and be dedicated to creating a quality product.
Digest, Funding Supplement Take Fourth of July Break
This week's Funding Supplement will be sent on Thursday, June 29. With the Fourth of July holiday, neither the SSTI Weekly Digest or Funding Supplement will be published next week.