This week's issue of the SSTI Weekly Digest exposes just the tip of the iceberg of information available on entrepreneurship. That's where the TBED Resource Center comes in handy. The TBED Resource Center, developed by SSTI in cooperation with the U.S. Department of Commerce's Office of Technology Policy, is an interactive website providing a wealth of information for practitioners, policymakers, university faculty, and researchers alike.

NorTech is inviting all SSTI conference attendees to an opening reception at the Rock and Roll Hall of Fame Tuesday, Oct. 14, from 7 p.m. to 11 p.m. Just like the music it pays homage to, inside and out, the Rock Hall exudes coolness. From the adventurously wide-open architecture and eye-popping displays to the sing-along soundtrack of continuously streaming rock and roll hits, this is one museum experience that really gets your heart pumping.

Summer camps focusing on science, technology, engineering and mathematics (STEM) fields are typically designed to spark youth interest and introduce students to career options in these critical areas. However, a vital component of these programs is exposure to scientific challenges that many classroom settings cannot provide.

North Carolina legislators approved last week the fiscal year 2008-09 budget adjustment, providing additional funds for several TBED initiatives within the higher education system. Earlier this year, Gov. Mike Easley unveiled recommendations to use surplus funds to expand university projects aimed at supporting TBED (see the May 14, 2008 issue of the Digest).
 

Last week, Ohio Gov. Ted Strickland signed an executive order that immediately allows all U.S. veterans eligible for the Montgomery GI Bill, their spouses, and their dependents to enroll at in-state tuition rates at Ohio’s public colleges and universities. Titled the Ohio GI Promise, the policy effectively allows all U.S. veterans to attend college for free in Ohio, once the new federal GI bill goes into effect on Aug. 1, 2009.

Steve Bazinet has been hired as executive director of the Maine Center for Enterprise Development.

Rahindra Bose is Ohio University's new vice president for research and creative activity and dean of the graduate college.

California

Being associated with the premiere professional development event of the year for the nation's technology-based economic development community can yield tremendous returns for your company, organization or program. Exposure and unrivaled networking opportunities are presented through SSTI's annual conference -- broadening the reach and deepening the impact of your marketing dollars. Last year’s sold-out conference included more than 350 representatives from 48 states and four countries.

The full-color, full-conference brochure will hit the streets next week but we wanted to give Digest readers the first peek at what promises to be a very special event for the technology-based economic development (TBED) community. SSTI’s 12th Annual Conference will be held Oct. 14-16, 2008, at the Intercontinental Hotel Cleveland.

Most Digest readers know access to equity capital serves a critical role in encouraging regional innovation. But the stats on venture capital (VC) deals demonstrates all too well that money isn't flowing freely everywhere. The economy also is presenting challenges for equity deals, making exits more scarce. How can underserved areas attract early-, seed and late-stage capital?

Entrepreneurship education courses continue to appear across the country. A large-scale commitment was announced recently, as eight Arkansas two-year colleges will offer degrees and certificates in entrepreneurship this fall. The broad availability is expected to help create a culture of entrepreneurship that extends from regions capitalizing in the emerging fields of bioscience and nanotechnology research to the rural pockets of the state in need of high-paying jobs.
 

Four leading members of the technology-based economic development community were elected to the State Science and Technology Institute (SSTI) board of trustees today, each bringing fresh perspective and unique insight on issues affecting SSTI’s nationwide network of policymakers and practitioners working to improve state and regional economies through science, technology and innovation.
 

State, regional and university technology-based economic development (TBED) is at a crossroads. Many initiatives are celebrating major chronologic milestones at the same time new TBED elements – such as incubators, grant programs, research parks, and equity funds – are popping up almost daily in more and more communities and universities.
 

Each year, SSTI members assemble timely, relevant session topics offering practical information with lessons that can be directly applied to issues currently facing the TBED community. Rest assured that when you return from the conference, you will be equipped with fresh ideas to tackle your organization’s most pressing needs. SSTI uses a two-stage survey process during the summer months to develop the conference agenda, rather than having the agenda set by invitation or call for papers many months in advance.

Keeping with the underlying theme of "Where Does TBED Go from Here?" for SSTI's 12th Annual Conference, David Wilhelm, founder and President of Woodland Venture Management, will provide the keynote address on the topic of making successful VC investments anywhere.

SSTI will be holding its first poster session dedicated entirely to celebrating why states, regions, universities and related organizations engage in TBED. Our goal is to have the best achievements in the field on display as posters at the conference. Each poster will profile a real success story providing hard evidence of how TBED investments are sustaining the nation’s position as a global leader for innovation and competitiveness – one local or regional project at a time.

Join fellow SSTI conference attendees for an opening reception at the Rock and Roll Hall of Fame, located on the shore of Lake Erie in downtown Cleveland. Just like the music it pays homage to, inside and out, the Rock Hall exudes coolness. In addition to celebrating the opening of SSTI’s annual conference, we will be joined by Ohio Lt. Governor Lee Fisher, director of the Ohio Department of Development to mark the 25th anniversary of Ohio’s Thomas Edison Program and the state’s sustained investment in a broader set of TBED strategies and programs.
 

Crisp, clean air, blue waters and autumn leaves are just a few reasons why fall is the best time to visit Northeast Ohio. Cleveland was ranked as the number one “Most Livable City” in the U.S. by the Economist in 2005, primarily because it has all the benefits of a major city without sacrificing quality of life. Cleveland+ is home to major research institutions and healthcare organizations; major league sports teams; world-class cultural institutions; and great museums and entertainment attractions.

SSTI conference “regulars” know that this event is the field’s most stimulating and rewarding professional development investment one can make. Each year’s agenda provides new perspectives and approaches to dealing with common problems, new issues and the latest trends and challenges facing your efforts to encourage regional innovation. You can expect:

• In-depth examinations of some of the best state and regional approaches to cultivate a bright economic future.

SSTI’s 12th Annual Conference is made possible by the support of our lead host sponsor, NorTech, a team of Ohio co-hosts, and the generous support of our national conference sponsors. SSTI extends its appreciation and thanks to the following exemplary organizations serving as our national sponsors:

• Kansas Technology Enterprise Corporation
• Greater Oklahoma City Chamber