New Mexico Establishes Statewide Research Collaborative
With a combined annual research budget totaling $4.8 billion, New Mexico's 12 largest research facilities signed a Memorandum of Agreement on May 30 to help turn intellectual property into jobs for New Mexicans. Members of the newly formed New Mexico Technology Research Corridor (TRC) include:
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Noreen Scott, former economic development division director for the New Mexico Department of Economic Development, is the executive director for the Rio Rancho Economic Development Corp.
New Mexico Looks to Build Hydrogen-based Economy
As states and communities consider how to build a tech-based economy, the prospects of centering efforts around hydrogen fuel cell technology has become an increasingly appealing option. Fuel cells may have huge implications for the future, and the technology already is the focus of some states' multi-billion economic development strategies.
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Gov. Bill Richardson has appointed his chief of staff, David Harris, to serve as executive director of the New Mexico Finance Authority.
People & TBED Organizations
President Bush announced he will nominate Assistant Secretary of Commerce Sandy Baruah to serve as the administrator of the Small Business Administration.
The Rensselaer County Regional Chamber of Commerce has created the Economic Development Partnership to help businesses relocate to or expand in the county.
SSTI Job Corner
A complete description of this opportunity and others is available at http://www.ssti.org/posting.htm.
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Publisher's Note: SSTI notes with much sadness the March 5 passing of Indiana State Sen. David Ford, following a battle with pancreatic cancer. David was a good friend not only of SSTI's, but also of the tech-based economic development community across the nation. In addition to being a tireless and cheerful advocate for investing in science and technology, he was also a gentleman in the true sense of the word, and we miss him greatly.
$700M for New York Upstate Economic Plan in Budget Agreement
Legislators passed the fiscal year 2008-09 budget last week, increasing spending by 4.9 percent over last year and investing in New York’s Upstate economy despite projected shortfalls for several years to come.
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Carlos Romero, a University of New Mexico employee who previously oversaw the university's governmental affairs office, is now its associate vice president for research administration.
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Dr. Michel Bitritto was named director of the new business incubator being run by the New Jersey Meadowlands Commission.
Dr. Peter Reczek was appointed executive director of the New Jersey Commission on Science and Technology.
Don Siegel, president of the Technology Transfer Society, will be dean of the School of Business at the University of Albany, SUNY, beginning in fall 2008.
Restructuring State Economic Development Organizations in Oregon, New York
Earlier this month, the governors of Oregon and New York both outlined changes to the structure of their states’ lead economic development organizations.
Before Gov. Ted Kulongoski signed Executive Order 08-11 to reorganize the Oregon Economic and Community Development Department (OECDD), it consisted of three components:
Two Reports Highlight Opportunities for State Broadband Policies
Although the U.S. broadband infrastructure has expanded rapidly over the past decade, 45 percent of rural areas still lack access to high-speed Internet services. A recent issue brief from the National Governors Association (NGA) Center for Best Practices provides a number of strategies that have proven effective in expanding broadband access, particularly in underserved rural areas.
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The Aerospace, Manufacturing and Information Technology (AMIT) Cluster of Southern Arizona has consolidated its operations with the Arizona Technology Council.
Cities Take Action to Support Early-stage Companies
New York City officials recently announced the launch of a $2 million seed fund to boost entrepreneurship and the local venture capital market. NYC Seed will provide up to $200,000 for seed-stage New York-based businesses and will offer mentoring and other support for client companies.
SEMATECH, New York to Invest $600 million in Nanoelectronics
Deal’s Impact on Texas Operations Remains Unclear
If you follow college sports, you know all how strong rivalries can be between certain schools. Bragging rights after a football game spill over into competitions over everything. Those that cross neighboring state borders seem to have even more edge sometimes.
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- Tony Armstrong, Indiana University executive director for engagement, has been chosen as the Indiana University Research and Technology Corporations new president and CEO.
- Jeff Costantine will retire this fiscal year as president of the Nashville Technology Council. The board of directors has begun the search for a new president.
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Gov. Eliot Spitzer has named Daniel Gundersen co-chairman of the Empire State Development Corp. in New York.
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John McIver is serving as interim vice president for research and economic development at the University of New Mexico while the school searches for a permanent replacement to Terry Yates, who passed away in December.
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Dr. James Weyhenmeyer will become senior vice president for the State University of New York (SUNY) Research Foundation and SUNY senior vice provost for research, effective March 3, 2008.
New York Unveils $1B Upstate Revitalization Fund
Last week, Gov. Eliot Spitzer gave New York’s first ever “State of the Upstate” address in Buffalo, outlining his administration’s $1 billion Upstate Revitalization Fund. Among the components intended to encourage economic growth in the northern part of the state are:
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The New Mexico SBIR Outreach Center exists again, following a year's hibernation.
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New Mexico Gov. Bill Richardson appointed Fred Mondragon as the director of the state's economic development department. Mondragon had been economic development director for the city of Albuquerque.
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New York Gov. Elliot Spitzer nominated Edward Reinfurt to serve as executive director of the New York State Foundation for Science, Technology and Innovation. Reinfurt has been vice president of the Business Council of New York State, a statewide 4,000-member chamber of commerce, since its founding in 1980.
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Jim Denn was named deputy executive director of the New York State Office of Science, Technology and Academic Research (NYSTAR).
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Eric Griego was appointed assistant secretary of economic development for the New Mexico Economic Development Department.