Competing ED Proposals in New York Share Same Goal
Although their courses of action may differ, competing proposals sponsored by the New York State Senate and Assembly would seem to have the same goal — create jobs, support small businesses, and transform the state's manufacturing sector.
People
Andrea Lohneiss, community development director for Riverhead, N.Y., is leaving to become Suffolk County's commissioner of economic development.
People
James Roberson, president of the Research Triangle Foundation for the past 16 years, is retiring at the end of May.
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
Dr. Russell Bessette has been appointed to the Federal Homeland Security Science and Technology Committee. Dr. Bessette currently is the executive director of the New York Office of Science, Technology and Academic Research (NYSTAR).
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.
Rochester Gains $15M VC Fund as Kodak Slashes Workforce
Nearly every region engaged in building a tech-based economy wants more access to seed and venture capital money. It's particularly useful when your largest employer announces it will lay off up to 23 percent of its workforce – as many as 5,000 people in your community and 15,000 across the globe – during the next three years.
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.
Empire Zones Reform, High Tech Items Take Center Stage in New York
New York Governor George Pataki, in his 10th State of the State Address last week, outlined a variety of initiatives designed to further promote tech-based economic development (TBED) in the state. From refining the state's Empire Zones program and strengthening the manufacturing sector to making New York a leader in renewable energy and academic research, the governor's agenda is not short on TBED items.
People
Dr. Catherine Renault is the new program manager for the Center for Technology Applications at RTI International, Inc.
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.
NYC Should Rethink its Economic Development Strategy, Study Says
A new study examining the post-Sept. 11 economy of New York argues the city's traditional approach to economic development, one which has banked on a few favored sectors such as financial and business services, is outdated and should be reconceived.
TBED Comings and Goings
Hempstead (New York) Mayor James Garner was elected to serve as the 61st president of the U.S. Conference of Mayors during its annual meeting this week.
People
Larry Moolenaar is the new Executive Director of the Eastern Carolina Council of Governments.
S&T Provides Foundation for New NC Strategy
A new strategic plan focusing on the North Carolina Department of Commerce's four cornerstones of economic development success – a globally competitive workforce, investment in science and technology, a competitive business climate, and attractive communities prepared for economic development – has been released by the state's Economic Development Board.
New York Considering $200M for Biotech, Biomed
On Jan. 26, New York Gov. George Pataki and State Senate Majority Leader Joseph Bruno announced legislation to create a $200 million Biotechnology and Biomedicine Research Initiative through the New York State Charitable Assets Foundation.
People
Kathleen Wise is the new Director of Programs for the New York Office of Science, Technology and the Advancement of Research. She fills the position vacated this summer by Keith Servis.
Winston-Salem Plans 10-fold Expansion of Biotech Research Park
North Carolina Gov. Mike Easley was recently joined by Congressional, university, and local and business representatives last week in announcing a 180-acre expansion of Piedmont Triad Research Park in downtown Winston-Salem. The biotech park will include a new research campus for Wake Forest University School of Medicine.
North Carolina Launches $85 Million Biotech Initiative
Golden LEAF, the statewide foundation established in 1999 to use one-half of the state's tobacco settlement for the long-term economic advancement of North Carolina, has announced an $85.4 million economic stimulus package it believes will significantly improve North Carolina's economy and make the state a leader in the biosciences industry. Foundation officials anticipate the public investment stimulating at least $350 million in new private and federal funding biotech activity in the state.
Job Corner: Carolina Center for Competitive Economies Seeks Associate Director for Research
The Carolina Center for Competitive Economies (C3E) at the University of North Carolina, Chapel Hill, invites applications for the position of Associate Director for Research.