Two new programs from the U.S. Small Business Administration are designed to infuse new capital into economically disadvantaged rural and inner city areas and strengthen existing businesses through technical expertise and mentoring.

Editor's Note: The fifth installment in our review of the Governors' inaugural addresses, state of the state addresses, and budget messages for 2001. The first four articles in the series were over the past four weeks. Those issues of the SSTI Weekly Digest and all other previous editions are available on our website: http://www.ssti.org/Digest/2001/headlines01.htm

With President Bush announcing the creation of the White House Office of Faith-Based and Community Initiatives, some analysts and practitioners are pondering the implications for economic local and state development efforts.

Do faith-based organizations have a role in ED?

There is so much happening in state and local tech-based economic development across the country that we’re adding a new Digest feature: the Regional Roundup. Our goal is to provide 1-2 sentence coverage of news stories, reports and resources demonstrating the variety of activities underway to build a stronger tech-based economy. Of course, whenever possible, we’ll include a link or contact for more information.

It is widely argued in the tech-based economic development community that New Economy businesses, specifically computers and information technology, account for the tremendous economic growth of the last half of the 1990s. But does the data support this?

Many tech-based economic development programs recognize the importance of having seed and venture capital accessible to their start up tech firms and entrepreneurs. Some practitioners, though, see a challenge in encouraging equity investment in more conservative, risk adverse regions and localities. The dot-com “correction” of last year probably did not help.

Addressing the Digital Divide, workforce development, and technology deployment in education are among the highest priorities of the nation’s mayors, according to Priorities for the New American City, the 2001 action agenda of the U.S. Conference of Mayors.

With as much emphasis on accessing and applying technology as on creating it, the final report of the Arizona Partnership for the New Economy (APNE) outlines several recommendations to improve Arizona’s position and performance in a tech-based economy.

Editor's Note: This is the fourth installment of excerpts from recent speeches and budget proposals demonstrating the priority governors are placing on tech-based economic development and math & science education.

The Economic Development Administration (EDA) seeks nominations for the second annual Award for Excellence in Economic Development. EDA established this award to recognize outstanding economic development activities of national importance.

NIST has opened the fiscal year 2001 competitions for funding under 13 different research grant programs: Precision Measurement Grants; the Summer Undergraduate Research Fellowships (known as SURF) in six NIST laboratories (Building and Fire Research, Chemical Science and Technology, Information Technology, Manufacturing Engineering, Materials Science and Engineering, and Physics); the Chemical Science and Technology Laboratory Grants Program; the Electronics and Electrical Engineering Laboratory Grants Program; the Fir

The New Mexico Manufacturing Extension Partnership (MEP) program is recruiting a technology transfer and commercialization project manager with a proven track record in related disciplines from the private and/or public sector.

Science policy and tech-based economic development have taken center stage in Idaho with last week’s release of the Idaho Science and Technology Strategy and the supporting new initiatives included in Governor Dirk Kempthorne’s recent budget message.

Editor's Note: The third installment of SSTI's look at recent speeches and budget proposals to demonstrate the priority governors are placing on tech-based economic development and math & science education.



Georgia

Governor Roy Barnes, FY2002 Budget Address, January 11, 2001

– new and increased funding

With his past efforts to strengthen the state’s position in the tech-based economy, new Texas Governor Rick Perry’s budget priorities — $251 million in new spending for college scholarships and math & science programs — should come as no surprise.

An initiative to provide computer training to local teenagers to help jumpstart their information technology careers was launched earlier this month in Minneapolis. The Community IT Learning Center is the result of a partnership involving a North Minneapolis-based youth development organization, two local technology training companies, and Microsoft.

A new resource for tech-based businesses in rural Ohio, Eastern Kentucky, and West Virginia was launched last week. The Appalachian Regional Entrepreneurship Initiative (AREI) is expanding its efforts to support growth of a technology-based entrepreneurial economy in Appalachia Ohio and neighboring states through a new website, http://www.bizfirststop.com

The Maine Science and Technology Foundation has launched http://www.mainescience.org -- a single website clearinghouse for businesses, researchers, educators, students and the public looking for information on science and technology in Maine. Under the headings of Quest, Brainpower, Happenings, and Commerce, the site:

Total research and development investment in the United States was strong in 2000, and is expected to increase about five percent in 2001, according to two separate reports recently released by Battelle Memorial Institute and the National Science Foundation.

Editor's Note: We continue our look at the priority Governors are placing on tech-based economic development and math & science education with highlights from recent speeches and budget proposals. Based on this week's announcements, it appears 2001 appears will be a third strong growth year for state and local tech-based economic development activities.

The National Telecommunications and Information Administration is now accepting applications for funding through the Technology Opportunities Program (TOP). The purpose of the matching grants is to extend the benefits of advanced telecommunications technologies to all Americans, especially those in inaccessible, rural, and under-served urban communities. Entities eligible to apply include state, local, and tribal governments, colleges and universities, and non-profit entities.

Whether it is proposal A, proposal B, or some combination of A and B, university research and development efforts in New York stand to gain an additional $40-50 million per year for the next five years. The new funding would be in addition to the $135 million injection of state funding directed toward university research excellence through the New York State Office of Science, Technology and Academic Research (NYSTAR).

In December, Governor Bill Janklow created the South Dakota Math, Science and Technology Council to encourage more interest in math, science, and technology at all levels of education. The council's duties include: identifying major opportunities for coordinating math, science, technology and research efforts; promoting coordination of public and private initiatives in those areas; pursuing federal and private funding; and, identifying ways to create jobs in South Dakota in those areas.

NASA has selected 280 research proposals across 37 states for negotiation of Phase I contract awards for its 2000 Small Business Innovation Research (SBIR) Program. The total value of the awards is expected to be more than $19 million, $1 million less than a year ago. The space agency made 290 awards in the 1999 solicitation cycle.

An increasingly recognized and critical component of building a tech-based economy is the integration of university or college research and training capabilities into the local economic development strategy. While considerable attention is paid to the regional impact of large research institutions, not every community is home to an MIT, University of Texas, or Stanford.