Pennsylvania Launches $90M to Boost Clean Energy Innovation
Many states are now pursuing seed and venture investment strategies to support the growth of clean energy businesses. Last month, Pennsylvania concluded a year-long series of meetings with private sector investors, financial experts, and nonprofit state energy funds and introduced a $90 million strategy to leverage public and private capital for renewable energy. The plan links economic development and environmental protection in a manner intended to promote the state as a leader in emerging clean energy industries.
New Mexico Governor Proposes Education, Research and Energy Initiatives for 2007
New Mexico Gov. Bill Richardson recently announced a series of budget requests for the 2007 legislature intended to increase access to public universities and to support research and investment in emerging technologies. Together, the requests call for more than $120 million in state investment in higher education quality and affordability, supercomputing and stem cell research, and new energy initiatives.
Higher Education
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Art Garcia has resigned as director of the Community Development Financial Institutions (CDFI) Fund to accept a job with the U.S. Department of Agriculture in his home state of New Mexico.
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Dr. Anthony Green has been appointed vice president of regional technology initiatives for Ben Franklin Technology Partners of Southeastern Pennsylvania.
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New Mexico Gov. Bill Richardson has appointed Stephan Helgesen as director of the Office of Science and Technology at the state Economic Development Department.
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The Association of University Research Parks named the Science Center in Philadelphia "Outstanding Research Park of the Year."
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The Hershey Center for Applied Research announced that Laura Butcher will serve as its first executive director, effective Jan. 3.
New Mexico Gov. Wants $100M for Private Spaceport
Nearly 40,000 people in 120 countries have placed deposits with the British commercial space company for the opportunity to become tourists in space, according to Virgin Galactic. Last Tuesday, New Mexico's governor said he wants the state to spend $100 million over the next three years to help get them there.
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Richard Overmoyer, deputy secretary for technology investment at the Pennsylvania Department of Community and Economic Development, is leaving to join the lobbying group, GSP Consulting.
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Gov. Bill Richardson appointed William Enloe, CEO of Los Alamos National Bank, to serve as chairman of the New Mexico Economic Development Partnership.
New Mexico Adds Tax Credit, Loan Program to TBED Portfolio
Tech firms in New Mexico received happy tax news on April 4 as Gov. BIll Richardson signed several bills to encourage economic growth across New Mexico.
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Chris Capelli, currently director of the technology transfer office at University of Pittsburgh, is leaving to become vice president for technology transfer at the M.D. Anderson Cancer Center in Houston.
Position Available
Pittsburg State University in Kansas is seeking a person to serve as the executive director of its Business & Technology Institute (BTI) and as Director of the Center for Design, Development, and Production. BTI is the primary economic development unit of the university. Its mission is to serve as interface between education, technology, business and industry by providing management, finance, and technological services. Review of applications will begin on April 28.
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Sigfried Hecker, the director of Los Alamos National Laboratory, announced that he is stepping aside in order to participate more closely in scientific collaboration between US and Russian researchers. Hecker has headed Los Alamos since 1986.
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Rob Jaffe, director of federal funding programs with Innovation Philadelphia, is resigning to become a senior underwriter for Institutional Lending at Commerce Bank.
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George Burrell is the new president and CEO of Innovation Philadelphia.
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Krista Paternostro is the new vice president of operations at the Pittsburgh Technology Council.
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Thomas Bowles was named science advisor to New Mexico Gov. Bill Richardson, succeeding a number of fellow Los Alamos National Laboratory scientists serving the governor.
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Dr. Alan Brown was named executive director of the Pennsylvania NanoMaterials Commercialization Center, a newly formed economic development initiative.
Ben Franklin had $2.9 Billion Economic Impact, Report Says
Pennsylvania’s $187 million investment in the Ben Franklin Partnership boosted the state’s economy by $2.9 billion between 1989 and 1996, according to a new economic impact study. A Record of Achievement: The Economic Impact of the Ben Franklin Partnership concludes that between 1989 and 1996 the Ben Franklin Partnership achieved the following:
Job Corner: Innovation Philadelphia Seeks Manager of Marketing and Communications
Innovation Philadelphia, a nonprofit public-private partnership dedicated to growing the wealth and the workforce of the Greater Philadelphia Region, is seeking a full-time manager of marketing and communications to start immediately.
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Douglas Goodall has been appointed CEO of Innovation Works, the successor to the Ben Franklin Technology Center of Western Pennsylvania.
Bingaman Introduces Bill to Create MEP-like Program for E-Commerce
To help small businesses participate fully in the expected e-commerce revolution, Senator Bingaman (D-NM) has introduced legislation to create a national e-commerce extension program. Senators Rockefeller (D-WVa), Snowe (R-ME) and Mikulski (D-MD) are co-sponsors of the bill, S. 1494.
Pittsburgh Digital Greenhouse Established
Calling it one of the most important economic development activities of his administration, Pennsylvania Governor Tom Ridge recently announced the creation of the "Pittsburgh Digital Greenhouse" -- a public/private partnership intended to provide support, infrastructure, and the expertise needed to accelerate the development and re-use of system-on-a-chip (SOC) technology.
State TBED Investments Pay Benefits, According to Program Assessments
In a period of tightening budgets, it is important for stakeholders to know that the investments they are making in tech-based economic development are yielding positive economic results - and returning revenue to the state. Recent impact assessments to examine comprehensive TBED programs in three states show how smart these investments have been. More telling, different evaluation models were used in all three states and they each reached similar conclusions: strategic TBED investments can stimulate economic growth.