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.
Texas Council Will Address State Competitiveness
Governor Urges Pension Fund to Invest in Emerging Tech Companies
Starting in January, a new advisory council within the Texas Governor’s Office will begin work on a long-term strategy to bolster the state’s economic competitiveness. The Competitiveness Council will be charged with designing an overall framework for cooperation between public and private organizations involved in economic development. Gov. Rick Perry will appoint the group’s members by the end of the year.
People
Dr. Anthony Green has been appointed vice president of regional technology initiatives for Ben Franklin Technology Partners of Southeastern Pennsylvania.
People
The Association of University Research Parks named the Science Center in Philadelphia "Outstanding Research Park of the Year."
People
The Hershey Center for Applied Research announced that Laura Butcher will serve as its first executive director, effective Jan. 3.
People
BioMed SA, a recently founded technology council to promote the development of San Antonio’s health and bioscience community, selected Ann Stevens to serve as its first executive director.
People
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.
People
Randy Goldsmith resigned his position as president and CEO of the San Antonio Technology Accelerator Initiative (SATAI) Network to become assistant vice president of tech transfer and economic development at the University of Texas at San Antonio. SATAI is currently accepting applications to fill the vacancy (see item below).
People
Jeff Moseley will replace Jim Kollaer as president and CEO of the Greater Houston Partnership.
SATAI Seeks President & CEO
The San Antonio Technology Accelerator Initiative (SATAI) Network, a nonprofit organization, is accepting applications from qualified candidates to fill the position of President and CEO. The SATAI Network seeks someone with strong leadership and team-building skills, as well as experience in linking venture capital to venture creation and cultivating an environment and resources for start-up enterprises.
Texas Legislature Approves Funding for Emerging Technology Fund
The Texas Legislature recently approved $100 million of the original $300 million requested by Gov. Rick Perry for the Emerging Technologies Fund (ETF). Another $100 million is expected to be available from the state's rainy day fund if revenues exceed forecasts.
People
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.
Texas Creates S&T Council
Last month, Governor George W. Bush issued an Executive Order that created the Texas Science and Technology Council. The mission of the 21 member board is to "research, develop, and report to the Governor the means available to the State of Texas to become the national leader in science and technology cooperation, development, and research."
People
Rob Jaffe, director of federal funding programs with Innovation Philadelphia, is resigning to become a senior underwriter for Institutional Lending at Commerce Bank.
People
George Burrell is the new president and CEO of Innovation Philadelphia.
People
Krista Paternostro is the new vice president of operations at the Pittsburgh Technology Council.
People
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.
People
The University of Texas at El Paso hired Tony Woo as the assistant vice provost for research and technology transfer.
People
Douglas Goodall has been appointed CEO of Innovation Works, the successor to the Ben Franklin Technology Center of Western Pennsylvania.
Texas Passes R&D Tax Credit
On October 1, Texas will begin offering a tax credit for business research and development expenditures. The new law, Texas Senate Bill 441, provides Texas corporations with a franchise tax credit equal to five percent of eligible R&D expenses for up to 50 percent of a company’s total franchise tax liability. Unused portions may be carried forward for up to 20 years.
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.