People
Dennis Yablonsky, chief executive officer for the Pittsburgh Life Sciences Greenhouse, is Governor Ed Rendell's pick to serve as Secretary of the Department of Community and Economic Development.
Ben Franklin Technology Partners Create Funding Vehicle to Aid Growth of Companies
Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP), an independent nonprofit economic development organization, has announced the Commonwealth of Pennsylvania's $2 million commitment to establish the Ben Franklin Investment Partners venture guarantee revolving fund. The fund is the first such development financing vehicle of its kind in the U.S.
SW Penn Tech Sectors Still Growing, PTC Reports
The Pittsburgh Technology Council recently issued its annual State of the Industry Report, which reveals that in spite of an extended national recession that began in 2000, the region’s technology industries have held their own, at least through the mid-point of the current economic downturn. The report covers the 13-county southwestern Pennsylvania region and presents industry statistics for 2001, the last year for which complete data is available from government and other sources.
Programs with Results: 20-Year Investment in Ben Franklin Pays Off Big for Pennsylvania
Convincing politicians to make a multi-year investment in a state's economic future is challenging, particularly when commitments made in one budget cycle or administration can be forgotten or ignored so easily in the next legislative session. The FY 2003-04 funding struggle for Michigan's $50 million-per-year-for-20-years life science initiative provides ample evidence: $50 million dropped to $45 million and eroded to $32.5 million because of budget problems.
Pennsylvania Governor's New Budget Provides Generous Stimulus Package
Pennsylvania Governor Edward Rendell recently unveiled an economic stimulus program that will invest nearly $2 billion in bonds and loan guarantees. The stimulus program is intended to leverage at least $5 billion in private investment in economic development projects, creating jobs in Pennsylvania's small and mid-size cities and towns.
Key provisions of Plan for a New Pennsylvania include:
People
Correction: In last week's People column, Tom Walker's new title was incorrect. Mr Walker is executive vice president and chief operating officer of the Oklahoma Technology Commercialization Center.
People
Tom Walker has been named executive vice president and chief operating officer of the Oklahoma Technology Commercialization Center.
People
Congratulations to Steve Zylstra, his staff and the 1,500-plus members of the Pittsburgh Technology Council as they celebrate the organization's 20th anniversary.
People
Kevin Harter is leaving his position as president of the Central Pennsylvania Technology Council to become senior vice president of the new Life Sciences Greenhouse of Central Pennsylvania.
People
Pennsylvania Governor Mark Schweiker has been named President and CEO of the Greater Philadelphia Chamber of Commerce. The Governor will assume his new position on Feb. 1.
OTDC Seeks President and Chief Executive Officer
The Oklahoma Technology Development Corporation (OTDC), a private, not-for-profit corporation dedicated to the creation and expansion of high-technology businesses in Oklahoma, is seeking a President and Chief Executive Officer.
People
Fritz Bittenbender will become president of the Pennsylvania Biotechnology Association in December.
Innovation Index Assesses Philadelphia's Position in Innovation Economy
Innovation Philadelphia, the public-private partnership dedicated to enhancing the global innovation economy of Philadelphia, has unveiled the first Innovation and Entrepreneurial Index, a comprehensive study examining where Philadelphia stands in relation to key competitors in the Innovation Economy.
People
Dr. Melvyn Schiavelli, senior program officer for the Harrisburg Polytechnic Development Corporation, has been named acting president and CEO, succeeding Dr. Charles Clevenger.
People
The Ben Franklin Technology PArtners of Central and Northern Pennsylvania promoted Stephen Brawley to serve as president and CEO.
People
Alan Brown was named executive director of the Pennsylvania NanoMaterials Commercialization Center, a newly formed economic development initiative.
TBED People News
Jeanne B. Berdik has announced her retirement as Vice President of Workforce Education and Development at the Pittsburgh Technology Council and Catalyst Connection. See next article for job posting.
PTC Seeks VP for Workforce Development
SSTI Affiliate, the Pittsburgh Technology Council (PTC) seeks candidates to become the organization's Vice President for Workforce Education and Development. The senior-level position is responsible for the management of all Catalyst Connection and Pittsburgh Technology Council education programs and services and IT workforce development and recruitment strategies.
TBED People
Barbara Schilberg and Gary Kurtzman have been named co-managing directors of the Biotechnology Greenhouse Corp. in Philadelphia. The organization is one of three "greenhouses" established as part of Pennsylvania's $100 million biotech initiative.
POWER to Stem Brain Drain in Northeastern PA
Many areas of the country are experiencing a brain drain, an outmigration of recent college graduates leading to a decline in the available labor pool of entry level workers, young entrepreneurs and future civic leaders. A new initiative, however, hopes to reverse that trend in Northeastern Pennsylvania by strengthening the social, networking and professional relationships among young skilled workers in the Wilkes-Barre region.
People
Secretary of the Pennsylvania Department of Community and Economic Development for the past five-and-a-half years, Sam McCullough is resigning effective October 25.
GPF, Science Center Team Up to Help Entrepreneurs
Greater Philadelphia First (GPF) and the Science Center, a consortium of 34 regional academic and scientific institutions, have established a major new joint initiative designed to make it easier for science and technology entrepreneurs to start, grow and expand their businesses. Modeled on UCSD CONNECT in San Diego, CONNECT Greater Philadelphia will assist entrepreneurs by linking them with needed business, academic and other resources.
Tech Talkin' Govs 2006, Part Four
The first three installments of SSTI's four-part look at how TBED will play in the 2006 legislative priorities of the governors can be found in the Digest archives at: http://www.ssti.org/Digest/digest.htm
Oklahoma
Organizational Updates
The Lehigh Valley Technology Network was launched mid-April in Bethlehem, Pennsylvania. Organizing efforts were led by the Lehigh Valley Chamber of Commerce, the Ben Franklin Technology Partners of Northeastern Pennsylvania and the Lehigh Valley Economic Development Corp. One of the Network's potential roles, according to The Morning Call, may be to serve as a liaison between high-tech entrepreneurs and a new angel capital group, the Northeast Pennsylvania Angel Network.
University of Pennsylvania Science Center Plans $600M Expansion Project
To further accommodate and cater to fledgling biotechnology, high-tech and start-up companies, the University of Pennsylvania Science Center in Philadelphia recently announced plans to add 1.85 million sq. ft. through the construction of six new buildings with retail and parking components.