N.J. hopes stimulus stems 'huge loss' in research budget by ProQuest

VIEWS: 3 PAGES: 2

THE STATE, WHICH two years ago envisioned spending tens of millions of dollars on labs and grants for stem-cell research, will settle on providing a much smaller amount of money next year for the cutting-edge science. The state Science and Technology Commission, which hands out the state's stem-cell grants, is expected to see its overall funding cut in half, to $10 million, in next year's budget, resulting in the cuts for stemcell research grants.

More Info
									                       Trenton
N.J. hopes stimulus stems ‘huge loss’ in research budget
Corzine budget plan to offer $2M in grants for stem-cell studies




                                                                                                             Steven J. Dundas
            BY SCOTT GOLDSTEIN                         be an increase over this year, when the state
THE STATE, WHICH two years ago envi-                   eliminated funding in the midst of the reces-
sioned spending tens of millions of dollars            sion. But it would be less than last year, when
on labs and grants for stem-cell research, will        the state funded about $8 million in grants.
settle on providing a much smaller amount                   “The most recent cuts pale in compari-
of money next year for the cutting-edge sci-           son to what has already been eliminated,” said
ence. The Garden State is left hoping the fed-         Donald Sebastian, interim provost and senior
eral government will provide enough money              vice president for research and development
to keep this research moving forward here.             at the New Jersey Institute of Technology.
      New Jersey is expected to offer grants                He referred to a 2007 ballot initiative to
totaling “somewhere around $2 million” under           borrow $450 million for stem-cell research
Gov. Jon S. Corzine’s austere, $29.8 billion for       that was rejected by voters.
the fiscal year that begins July 1, said Peter R.           Corzine has since shelved plans to build a
Reczek, executive director of the New Jersey           17-story, $150 million stem cell center in New
Commission on Science and Technology.                  Brunswick and satellite labs in Newark and                               Donald Sebastian, senior vice president for research and development at New Jersey Institute of
      Reczek said the funding is meager com-           Camden — even though funding was passed                                  Technology, along with Dr. Treena Livingston Arinzeh, associate professor of biomedical engineering,
pared to the $600 million of which                     by the Legislature and ratified by the governor.                         look over some stem-cell cultures at the CHEN building on the institute’s campus in Newark.
researchers once dreamed, “but certainly                    Sebastian hoped the money would sup-
they understand it’s tough fiscal times, and           port a “high-tech enclave” in Newark’s Univer-                                 When a $3 million state grant expires in        pete very aggressively” for federal funding for
we are lucky we can do something.”                     sity Heights, with companies surrounding the                             September, the Keck Center could lose                 stem-cell research. The federal National Insti-
      Most of the grants next year likely will be      new labs. “That won’t happen, and in my                                  researchers, he said.                                 tutes of Health is expected to see a huge fund-
between $50,000 and $200,000, and will go to           mind, that’s a huge loss for the state,” he said.                              The state Science and Technology                ing increase — perhaps doubling to $12 bil-
research that shows the potential to produce                “There’s a lot of uncertainty,” said Mar-                           Commission, which hands out the state’s               lion — thanks to stimulus funds.
marketable treatments, he said. “That’s a good         tin Grumet, director of Rutgers’ W.M. Keck                               stem-cell grants, is expected to see its over-              “It’s not known how much will go into
guesstimate for next year,” Reczek said. “But I        Center, which develops treatments for                                    all funding cut in half, to $10 million, in next      stem cell,” Reczek said. “The hope is new fed-
don’t want to limit it too much, because if            spinal cord injuries. The Keck Center and                                year’s budget, resulting in the cuts for stem-        eral money can offset some of the decreases
someone comes up with a great idea that costs          the Rutgers Stem Cell Research Center have                               cell research grants. “It is dramatically less        the individual states are feeling. Everybody is
a lot of money, we will look at it seriously.”         about 40 scientists working on stem cell-                                than what I would like,” Corzine said.                sitting on the edge of their seats.” ◆
      The $2 million in grants next year would         related research, Grumet said.                                                 But the governor said the state will “com-                             E-mail to editorial@njbiz.com




TAX State ran similar program in 2002                                                                                      top of existing interest and penalty charges.
                                                                                                                                 Edgewater business owner Margaret
                                                                                                                                                                                       Shame on you
➤➤ Continued    from page 1                                                                                                Maclay is steamed over the amnesty.                        States like Pennsylvania and California try to
                                                                                                                                 “It’s not fair to businesses like mine that          embarrass delinquent corporate and busi-
                                                                                                                           are conscientious about paying their taxes,”               ness taxpayers into paying up by posting
tion provides research and other services to state     expire June 15, according to the state tax amnesty
                                                                                                                           said Maclay, who owns Maclay Associates, a                 their names and taxes on Web sites. It’s a
tax authorities and administrators.                    Web site. During that time, most delinquent
                                                                                                                           business coaching service. “I can understand               good idea, said Verenda Smith, manager of
      “Instead of filing and paying their taxes        businesses and individuals can pay their income,
                                                                                                                           people getting in a jam, but they should be                administrative policy at the Federation of
when due, some taxpayers may use the money             corporate business, sales and other taxes without
                                                                                                               
								
To top