Budget Proposals Focus on States' Investment in Research, Workforce Training
TBED People and Organizations
Massachusetts Gov. Deval Patrick's secretary of Housing and Economic Development, Daniel O'Connell, resigned for personal reasons and was replaced by Greg Bialecki, an undersecretary who has been responsible for business development
Tech Talkin' Govs, Part VI
The sixth installment of the Tech Talkin' Govs series includes highlights from state of the state addresses from governors in Tennessee and West Virginia.
Tennessee
Gov. Phil Bredesen, State of the State Address, Feb. 9, 2009
SD Gov Asks Lawmakers to Fund Research Priorities in FY11
To keep alive the underground deep science laboratory, a National Science Foundation (NSF) research priority for scientific discovery in geophysics, Gov. Mike Rounds is asking lawmakers to approve $5.4 million in special appropriations for bridge funding through May 2011. During his budget presentation to the legislature last week, Gov. Rounds told lawmakers the $35 million allocated toward the effort in 2004 and 2005 would run out this month and $250 million in anticipated NSF funding would not be available until 2011.
TBED People
TBED People
Eric Abelquist has been named executive vice president of Oak Ridge Associated Universities and deputy director of the Oak Ridge Institute for Science and Education.
Arn Boezaart, who has been interim executive director of the Michigan Alternative and Renewable Energy Center the past six months, will take over the position permanently.
Angel Investors Supported Smaller Deals in the First Half of 2009
Angel investors are reducing the average size of their investments, according to the latest report from the University of New Hampshire Center for Venture Research. In the first half of this year, total angel investment dollars fell by 27 percent from the same period in 2008, but the number of angel deals increased by six percent. As a result, the average deal size has fallen by 31 percent since early 2008.
Nashville Launches Site to Help Build Innovation Community
The Nashville Area Chamber of Commerce unveiled a new website targeting the region’s entrepreneurial community. The Nashville Entrepreneurial Center provides insight and advice on starting a new company, local business and innovation news and several ways to connect to other entrepreneurs and investors. Though the site already offers a blog and social networking features, the group plans to expand their services to include additional resources for entrepreneurs seeking funding and other types of assistance.
New Model for Funding Support to Small Businesses Passes Tennessee Legislature
After near unanimous passing in both chambers of the state legislature, the "Tennessee Small Business Investment Company Credit Act" was sent this week to Gov. Phil Bredesen for his signature. The legislation, designed to create a pool of at least $84 million in capital, utilizes a competitive process to select several venture capital funds to make direct investments in small business headquartered in Tennessee.
Tennessee to Develop Solar Institute With Federal Stimulus Funds
Using $62.5 million earmarked from the state energy program federal grant provided under the American Recovery and Reinvestment Act of 2009, Tennessee will create a solar institute, a solar farm five-megawatt power generation demonstration project, and implement additional renewable energy activities as part of the Volunteer State Solar Initiative approved last month by lawmakers.
Demographic Shifts or Brain Drain? The Changing Workforce of New Hampshire and the U.S.
Decreases in the number of young adults in the state are more a result of fewer children being born 25 to 35 years ago, and not because of a substantial brain drain or outmigration of talent from New Hampshire, according to a task force convened by New Hampshire Gov. John Lynch. However, attracting and retaining younger workers to the state is imperative because of the large share of baby-boomers in the workforce that will be retiring in the next decade.
TBED People and Orgs
Bill Kirkland will head the new Office of Economic Engagement that will begin operations July 1 at the University of South Carolina. The new entity will facilitate business development statewide, and work through USC&'s seven regional campuses.
John Carey, a former state representative, was appointed by Gov. John Kasich as the chancellor of the Ohio Board of Regents.
TBED People and Orgs
Sean Greene has joined the Case Foundation as entrepreneur in residence. Greene most recently served as associate administrator for Investment and special advisor for Innovation at the U.S. Small Business Administration.
TBED People and Organizations
W. Steven Burke is the new president of Biofuels Center of North Carolina.
Tech Talkin' Govs, Part II
NEW HAMPSHIRE MANUFACTURING EXTENSION PARTNERSHIP, STATE ECONOMIC DEVELOPMENT LAUNCH NEXT GENERATION MANUFACTURING STUDY
DATELINE: CONCORD, N.H.
The New Hampshire Business Resource Center issued the following news release:
People & TBED Organizations
The Howard County Economic Development Authority appointed Larry Collins as a new technology manager and as executive director of the new Howard Technology Council.
People & TBED Organizations
Eric Cromwell is the new president of Tennessee Technology Development Corp., an organization designed to leverage state, federal and private sector investments in science and technology infrastructure for economic value.
TBED People
John Schaerer is the new director of technology development and transfer for Chattanooga's Enterprise Center.
South Dakota Joins Industry Partnership for ICT Education
Gov. Mike Rounds recently announced that South Dakota will join a national partnership, led by many of the country's leading information and communication technology (ICT) companies, to improve science and technology education and the skill set of the state's high-tech workforce. The Partnership for 21st Century Skills, an ICT advocacy organization, will advise the state on designing curriculum that meets the needs of software, electronics, networking, telecommunications and Internet-based companies.
People & TBED Organizations
Alex Fischer, formerly Oak Ridge National Laboratory's director of technology and economic development, has been tapped as the new vice president for commercialization for Battelle.
University of Tennessee Awarded $259M National Composites Manufacturing Institute
President Obama recently announced that the University of Tennessee was awarded the $259 million Institute for Advanced Composites Manufacturing Innovation (IACMI). The U.S. Department of Energy will commit $70 million to support the project with the remaining $189 million coming from IACMI partners including $15 million from the Tennessee Department of Economic and Community Development.
Tech Talkin’ Govs: Energy, Workforce Initiatives Prominently Featured in Gubernatorial Addresses
SSTI's Tech Talkin' Govs series has returned as governors across the country formally convene the 2015 legislative sessions. The series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural addresses.
Tech Talkin' Govs: More Governors Use Addresses to Promote Higher Ed Investments
SSTI's Tech Talkin' Govs series has returned as governors across the country formally convene 2015 legislative sessions. The series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural addresses.
CT, IL, NH, TX Budget Proposals Support STEM, Workforce, Research
This week, governors in Connecticut, Illinois, New Hampshire, and Texas revealed their budget proposals, with commonalities around STEM education, workforce development, and university research initiatives. Governors in two states, New Hampshire and Texas, made growth in the innovation economy a specific priority area of their proposed budgets.
NY Approves $950M for Next Round of Regional Awards; SD, WY Approve TBED Spending
Many states across the country already have, or will soon have, signed budgets ready for the 2017 fiscal year. Over the past few months, SSTI has examined gubernatorial addresses and proposed budgets for a preview of technology-based economic development spending in the coming year. This week, we take a look at what initiatives and spending levels survived spending negotiations in New York, South Dakota, Wyoming.