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.
West Virginia Economic Development Reorganized
West Virginia Gov. Joe Manchin signed last week legislation establishing the Department of Commerce and streamlining the support operations for the state’s economic development efforts. Senate Bill 1002, approved during the recent special session of the West Virginia Legislature, renamed the Bureau of Commerce the Department of Commerce.
People
West Virginia Gov. Joe Manchin has appointed Nancy Sturm and Jay Cole to serve, respectively, as the state’s education technology coordinator and governor's liaison for education policy, both new policy positions.
People & TBED Organizations
Rick Homans announced that he will step down as executive director of the New Mexico Spaceport Authority, effective July 27.
People & TBED Organizations
The Putnam County Development Authority (W.Va.) has appointed Heather Lewis as its new economic development project director.
People & TBED Organizations
The New Mexico SBIR Outreach Center exists again, following a year's hibernation.
People
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.
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
People
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.
People
New Mexico Gov. Bill Richardson has appointed Stephan Helgesen as director of the Office of Science and Technology at the state Economic Development Department.
People
The 82nd Annual Congress of Cities in Charlotte, N.C., elected Jim Hunt, a councilmember of Clarksburg, W.Va., as the new president of the National League of Cities. Hunt follows Washington, D.C., Mayor Anthony A. Williams.
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.
People
Eric Griego was appointed assistant secretary of economic development for the New Mexico Economic Development Department.
New Mexico Governor Signs Budget Bills, Vetoes Capital Package
New Mexico’s 2008 legislative session wrapped up last week, resulting in no final action on several TBED-related bills and leading Gov. Bill Richardson to call a special legislative session to address his health care reform agenda.
New Mexico Legislature: Tax Credits, Energy Initiatives among Successes of 2007 Regular Session
With the close of its 2007 regular session, the New Mexico State Legislature wrapped up "one of the most productive sessions in state history." Those were the words of Gov. Bill Richardson, following the legislature's adjournment last month. The governor had outlined a number of economic development and energy initiatives in his 2007 State of the State Address that he hoped would be brought to bear (see the Jan. 15, 2007 issue of the Digest).
People
Rick Homans will step down as secretary of the New Mexico Economic Development Department to become executive director of the New Mexico Spaceport Authority, effective May 1.
People
Ernest Andrade, director of the Charleston Digital Corridor, announced he is stepping down as a city council member, effective Aug. 30.
People
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.
People
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.
People
The West Virginia Venture Connection has named John Hale as executive director.
People
Technology specialist David Levine, hired by Gov. Joe Manchin in March, is leaving the governor's office to become executive director of the Robert C. Byrd National Technology Transfer Center.
ARC Conference to Focus on Incubation, Innovation and Entrepreneurship
As rural America undergoes economic restructuring and communities strive to make the transition from traditional to knowledge-based economies, nurturing innovation is an important strategy that is helping rural areas create an environment for business growth and job creation.
People
Gov. Bill Richardson appointed William Enloe, CEO of Los Alamos National Bank, to serve as chairman of the New Mexico Economic Development Partnership.
Strategic Plans Focus on Science and Technology: New Mexico Washington State
Several state and regional economic development strategies have been released this summer. All recognize the important role of research, science and technology in building tech-based economies. Two states are highlighted this week.
VC News
New Mexico Firms Would Receive $30M in Venture Funding