New Resource Guides Angels in Formation of Angel Groups
As the angel investment community continues to evolve from individual investors to sophisticated angel investment groups, the Kauffman Foundation and the Angel Capital Association (ACA) have jointly published a new guide designed to help angels form the most effective angel organizations for their communities.
People
Earlier this month, Gov. Ernie Fletcher announced Darrell Brock and Jim Host as new co-chairmen of ConnectKentucky. Brock, commissioner of the governor's Office for Local Development, and Commerce Cabinet Secretary Host joined existing chairman John Hall, retired chairman and CEO of Ashland Inc.
People
David Winwood is the new director of North Carolina State University's Centennial Campus.
Missouri Unveils $450M TBED Strategy
Not all of the pieces critical to building an innovation-based economy have to cost hundreds of millions of dollars, as might be suggested in the Florida and Pennsylvania stories above. Gov. Matt Blunt's Feb. 2 call for the state to provide $2 million for a new Missouri Life Science Incubator - designed to help researchers move their science from the laboratory to commercial businesses - provides a case in point.
People
Carol Ann Dykes is the new president of the National Association of Management and Technical Assistance Centers.
North Carolina Creates Rural Entrepreneurship Institute
Coupling manufacturing's sharp employment drop with the perennial struggles of a rural economy and the current economic downturn can cause massive struggles for many of the country's sparsely populated areas. The closure or significant downsizing of one manufacturing plant can be terminal for a small, rural town.
Report Highlights Principles to Guide North Carolina’s New Economy
At a time when North Carolina is experiencing record-setting layoffs, the dot-com bubble has burst, and traditional industries are undergoing critical changes, North Carolina needs a cohesive, bipartisan economic development strategy that embraces the dynamics underlying the new economy, according to a new report issued by the Institute for Emerging Issues.
State Legislatures, Communities and Universities Take Economy Into Own Hands
The President wants $87 billion for the war in Iraq. Congress is looking at a month-long continuing resolution for the budget since final approval on most appropriation bills is at least that far in the future. Meanwhile, the persistence of the recession, the restructuring of U.S. manufacturing due in part to globalization, and the continued hemorrhaging of tax revenues has led several governors, state legislatures and community leaders to begin rethinking their economic development strategies.
People
Scott Doron has been promoted to director for the Southern Technology Council, the advisory council on innovation and technology policy issues for the Southern Growth Policies Board.
People
Robert McMahan has been named North Carolina's Science Advisor. In addition to advising the Governor on science and technology matters, McMahan will oversee the support staff for the North Carolina Board of Science and Technology. The advisor position will report to the secretary of the Department of Commerce.
People
Gwyn Riddick recently was named director of the new Piedmont Triad office of the North Carolina Biotechnology Center.
North Carolina Renews Commitment to Statewide Connectivity
North Carolina took another step toward improving technology-based economic opportunity for its citizens when Gov. Michael Easley signed into law House Bill 1194 earlier this month. The bill creates the e-NC Authority, which will continue the work of the existing Rural Internet Access Authority for three more years, beginning January 2004.
Next Wave in TBED Tools: Wireless Neighborhoods
While rural regions strive to establish basic high-speed Internet connections, larger cities such as St. Louis, Oklahoma City and Roanoke, Va., are looking to establish free, wireless Internet access across several blocks to encourage economic development. Recent reports show efforts are underway to speed the technology's deployment in each of the metro areas.
Biotech in North Carolina Gets $64.5M Boost
More workers in North Carolina will be trained for jobs in biotechnology, thanks to the Golden LEAF Foundation's recent $60 million commitment to the emerging industry. In all, $64.5 million is going toward a training initiative, with North Carolina's biotech industry expected to contribute $4.5 million.
Missouri Approves $32M for Bio-Ag Research, TBED
Two bills passed by the Missouri General Assembly last week include more than $32 million to support new initiatives to promote TBED activities in the state. Programs to support bio-agricultural research, technology commercialization and business growth won the lion's share of the new appropriations.
People & TBED Organizations
Tom Clarkson was named the new director of Wake Forest University's Babcock Demon Incubator, replacing Paul Briggs.
SSTI Job Corner
Complete descriptions of these opportunities and others are available at http://www.ssti.org/posting.htm.
People
James Roberson, president of the Research Triangle Foundation for the past 16 years, is retiring at the end of May.
Stowers to Double Life Science Center in Kansas City
Arizona taxpayers paid at least $100 million for the TGen Institute. The east coast version of Scripps cost Florida a cool $500-plus million. How much should Kansas City expect to pay the Stowers Institute for Medical Research to double the size of its 600,000 sq. ft. research facility instead of locating a second campus elsewhere?
Not a dime.
NC Biotech Plan Ambitious
A new plan to grow North Carolina's biotech industry to 48,000 jobs by 2013 and 125,000 by 2023 was released earlier this month by the North Carolina Biotechnology Center, a state-supported nonprofit organization. If implemented, the 108-page plan would cost up to $650 million over five years. That figure does not include the "to be determined" cost for 15 of the plan's 54 recommendations.
The 54 action steps span a variety of objectives:
People
Robert Geolas, director of the Centennial Campus at North Carolina State, is resigning to become director of the new International Center for Automotive Research at the Clemson University.
North Carolina Innovation Economy Strong, BST Index Finds
Despite a sluggish national economy, North Carolina held its own over the last three years, according to a measure of 25 broad indicators of innovation, technology and economic growth released earlier this week. In all, Tracking Innovation: North Carolina Innovation Index 2003 considers more than 50 performance measures across five general categories, highlighting the state’s strengths and weaknesses.
People
Dr. Catherine Renault is the new program manager for the Center for Technology Applications at RTI International, Inc.
People
Kelvin Simmons is the new director of the Missouri Department of Economic Development, replacing Joe Driskell who held the position for 10 years. Simmons had been serving as chairman of the state's Public Service Commission.
$25M in Kauffman Grants to Spur Entrepreneurship on Eight Campuses
The Ewing Marion Kauffman Foundation awarded on Monday $25 million in grants to eight U.S. universities that pledged to make entrepreneurship education available across campus. The selected universities, shown with their award amounts, are: