People
Robert Geolas, director of the Centennial Campus at North Carolina State, is resigning to become director of the new International Center for Automotive Research at the Clemson University.
People
Ohio Department of Development Director Bruce Johnson has been sworn in as the state's lieutenant governor. Johnson is expected to serve both positions for the balance of Gov. Bob Taft's term.
People
Jafar Karim is the new director of the Governor's Office of Economic Development in South Dakota.
People
David Harmer, executive director of the Utah Department of Community and Economic Development (DCED), announced his retirement. Chris Roybal, senior advisor to Gov. Jon Huntsman Jr. for economic development, will take on many of Harmer's responsibilities.
People
It is an unfortunate and annoying consequence of politics that sometimes, with the change of gubernatorial administrations even within parties, excellent people with enviable records of delivering results for tech-based economic development programs lose their positions. SSTI has learned that Rod Linton and Michael Keene were among 33 "at-will" economic development staff at the Utah DCED fired en masse last Thursday. Gov. Huntsman, who began his term of office on Jan.
Texas Gov. Requests $300M for New TBED Effort
Gov. Rick Perry is asking the Texas Legislature to appropriate $300 million for a new program designed to foster emerging technologies, enhance university-industry collaboration, and promote technology commercialization. If approved, the multi-faceted effort would be the most aggressive tech-based economic development initiative in the state's history.
VC Investments in China Top $1B in 2004: Premier wants tech zones established to encourage even more growth
Money is following the jobs and excitement that represents China's economy these days according to an annual survey of equity investments in China mainland businesses. Compiled by Chinese venture capital (VC) research and consulting firm Zero2IPO, the fourth annual survey found 60 firms made 253 investments totalling $1.269 billion (US) in China mainland or mainland-related enterprises in 2004.
Panel Says NASA Should Rethink Tech Transfer Approach
Four consecutive years of attempting to eliminate or minimize NASA's technology transfer activities are beginning to take a toll on the space agency's effectiveness at commercializing federally-supported technology, based on analysis from the National Academy of Public Administration (NAPA).
Useful Stats: NSF State S&E Profiles 2001-2003
The National Science Foundation (NSF) has updated its online center of state science and engineering (S&E) profiles to include data from 2001-2003. The site provides convenient access to a PDF or downloadable Microsoft Excel Worksheet of 31 indicators for each state. A spreadsheet with summary statistics for the entire U.S. also is available.
Nurturing Creative Economy Key to Growth in Vermont
This past fall, Vermont released what may be the nation's first statewide effort to lay out an economic development strategy based on the creative economy theories advanced most prominently by George Mason professor Richard Florida.
Incubator News
NBIA Releases Revised Business Incubation Guide
People
Virginia Bauer, former New Jersey commerce secretary, was sworn in as CEO and secretary of the New Jersey Commerce & Economic Growth Commission.
People
Virginia Bauer, former New Jersey commerce secretary, was sworn in as CEO and secretary of the New Jersey Commerce & Economic Growth Commission.
People
The Greater Phoenix Economic Council announced Barry Broome will become the new president & CEO beginning in February.
People
Michael DeAloia has been named tech czar for the City of Cleveland.
People
Marlo Jenkins will be the new managing director of TechTown, Wayne State University's research and technology park.
People
The Board of Directors of BioCrossroads, Indiana's life sciences initiative, announced David Johnson would succeed Charles Schalliol as CEO.
People
Real estate developer Robert Klein II was selected as chairman of California's stem cell oversight committee.
People
John Merrill will serve as executive director for the Greensboro Center for Innovative Development, a joint millennium campus and research park between University of North Carolina Greensboro and North Carolina Agricultural and Technical State University.
Ivy-Plus Schools could be perpetuating economic inequality
Less than half of one percent of Americans attend Ivy-Plus colleges, according to the National Bureau of Economic Research (NBER). Yet these twelve colleges account for more than 10% of Fortune 500 CEOs, a quarter of U.S. Senators, half of all Rhodes scholars, and three-fourths of Supreme Court justices appointed in the last half-century.
Secretary Raimondo testifies on the implementation of the CHIPS and Science Act
Commerce Secretary Gina M. Raimondo testified Tuesday to the House Committee on Science, Space, and Technology on the implementation of the CHIPS and Science Act. During the hearing, Raimondo spoke about the importance of the Regional Innovation and Technology Hubs and CHIPS manufacturing programs for national and economic security and emphasized the need for additional funding to make Congress’s vision for these programs successful.
Global Entrepreneurship Monitor says US entrepreneurship is on the rise
Those who gather data know that the results collected in 2020 during pandemic shutdowns do not reveal actual trends. This phenomenon was the case for a recent survey by Babson College researchers for the Global Entrepreneurship Monitor Adult Population Survey (GEM APS). They found that rates of entrepreneurship, which had been on the rise since 2015, dropped in 2020. However, their newest research shows an upward trend in 2021 and 2022, when the U.S.
EDA selects 11 recipients for STEM Talent Challenge
The U.S. Department of Commerce’s Economic Development Administration (EDA) recently announced the 11 recipients of the 2023 STEM Talent Challenge. The challenge supports programs to train science, technology, engineering, and math (STEM) talent and fuel regional innovation economies across the nation.
Defense makes $238M CHIPS and Science Act awards for eight microelectronics regional innovation hubs
The Department of Defense announced yesterday that it issued $238 million from "Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act" funding for the establishment of eight Microelectronics Commons (Commons) regional innovation hubs. With $2 billion in funding for Fiscal Years 2023 through 2027, the Microelectronics Commons program aims to leverage these hubs to accelerate domestic hardware prototyping and "lab-to-fab" transition of semiconductor technologies.