Washington DC - The Small Business Innovation Research (SBIR) program dubs itself as “America’s largest seed fund.” Three recent research articles add to the existing literature on the program. First, a study finds that SBIR supports high-risk efforts to convert R&D. A second study suggests that SBIR awardees are more likely to locate in denser regions but in less dense neighborhoods in those regions. A third study finds that SBIR awardees from federal agencies with more diverse workforces tend to perform better. For the economic development community, these findings may influence the way SBIR-related services such as entrepreneurial assistance programs and matching grants are delivered.
Executive Women of New Jersey Honored Judith Sheft from the New Jersey Innovation Institute at Biennial Salute to the Policy Makers Gala
Newark, NJ - Executive Women of New Jersey (EWNJ) honored Judith Sheft, associate vice president technology & enterprise development, New Jersey Innovation Institute @ NJIT alongside 31 of New Jersey’s most influential and accomplished women leaders including special guest honoree, First Lady Tammy Snyder Murphy, at the organization’s signature biennial gala, Salute to the Policy Makers at The Palace at Somerset Park,. Judith Sheft is being recognized for her trailblazing professional achievements and her efforts towards advancing women’s leadership.
Washington DC - The federal government’s priorities for funding research and development do not necessarily match those of the general public, an analysis of ScienceCounts and National Science Foundation data suggests. ScienceCounts is a national nonprofit with the objective of enhancing the public's awareness of, and support for, federally-funded scientific research. Last year, alongside Research America, the organization released the results from their first study. In an analysis of education, ideology, gender, and age, the study looks at public opinions on whether a variety of scientific issues should be an urgent focus of research. Overall, a comparison of these findings with the actual federal funding levels of R&D finds a disconnect between the general public and the federal government’s priorities.
Venture development organizations (VDO), nonprofit organizations across the country investing in innovation startups to help grow their regional economies as well as earn a respectable return, saw at least 20 exits in the first quarter of 2018, based on data entered on Pitchbook.com.
Some examples from the quarter are posted here.
BULLPEN #9 at Fairleigh Dickinson University, Madison, N.J., Tuesday, May 22
The TechLaunch Team is delighted to partner with Morris Tech Meetup and Fairleigh Dickinson University to present the next BullPen.
The Internet of Things - Transforming Your Business, 8:30 a.m.-1:30 p.m., June 15, Newark
The 2018 NJBIA Cybersecurity Summit is the forum for technology leaders and business executives who are seeking the latest tools, information and insights to unlock real value and help their business grow.
Rutgers University–New Brunswick engineers have created a 3D-printed smart gel that walks underwater and grabs objects and moves them.
The watery creation could lead to soft robots that mimic sea animals like the octopus, which can walk underwater and bump into things without damaging them. It may also lead to artificial heart, stomach and other muscles, along with devices for diagnosing diseases, detecting and delivering drugs and performing underwater inspections.
Dr. Stephanie Farrell, professor and chair of Experiential Engineering Education in the Henry M. Rowan College of Engineering at Rowan University, will be featured in the 2018 STEM for All Video Showcase funded by the National Science Foundation (NSF). The event will highlight innovation in STEM education and will be held online until May 21 at http://stemforall2018.videohall.com.
Set for September 24-26 at the Pennsylvania Convention Center in Philadelphia, The MedTech Conference is powered by AdvaMed. The annual event is expected to draw about 3,000 med tech business leaders and others.
This month, the work of NJIT’s top student researchers was put on display at the 2018 Knox Student Research Showcase, “A Glimpse Into the Future."
The showcase, which annually honors outstanding research done at NJIT by its graduate and undergraduate students, awarded Najmaddin Akhundov first place among this year’s graduate researchers for developing a computational model to track and control invasive species that threaten the environment.
By Todd Bates, Rutgers Today
Eric Zwerling has led America’s last noise control center at Rutgers University–New Brunswick for 28 years, and fighting noise pollution remains an uphill battle.
“People don’t consider noise a real environmental issue,” said Zwerling, director of the Rutgers Noise Technical Assistance Center. “But I consider what I do to be the ultimate embodiment of the mission of a land-grant university – taking science and putting it in the hands of people who will improve the quality of life for hundreds of thousands of people across this state and the world.”
Morristown Medical Center, a part of Atlantic Health System, has launched the Center for Nursing Innovation, an internal incubator in which the hospital’s nearly 1,600 nurses can develop ideas for new medical products.
Much of the funding for the center is coming from fundraising events from the Women’s Association for Morristown Medical Center.
RWJBarnabas Health announced its patients can now use Uber Health to avoid missing appointments due to lack of access to transportation.
The ride-hailing and -sharing company officially launched the new, HIPAA-compliant feature in March, after creating pilots around the country, including at Hackensack Meridian Health. It is also being used by Nutley physical therapy company Pro Staff Institute.
Washington DC - Living standards in the United States increasingly depend on the competitiveness of industries that compete internationally, particularly those that succeed by producing new innovations. The life-science sector, which includes pharmaceuticals, biotechnology, and medical devices, is one of those industries. It is also an American success story: Our country captures more than 40 percent of the world’s major patents in both pharmaceuticals and medical devices. But as I describe in a new report written for the Information Technology and Innovation Foundation, the continued health of the U.S. life-sciences sector is at risk because a growing number of foreign competitors are making determined efforts to gain global market share, often using unfair tactics.
A Securities Exchange Commission (SEC) report contains over 20 recommendations for the SEC to consider that would improve small business capital formation. The report, released in April, stems from the 36th annual Government-Business Forum on Small Business Capital Formation – a daylong event held late last year. Its recommendations include issues related to the definition of accredited investors; rules changes that would increase the number of Regulation A+ and Regulation Crowdfunding offerings; and, a revised regulatory regime (based upon the European regulatory regime) to improve peer-to-peer lending. The SEC is in the process of considering new rules to expand the definition of “smaller reporting companies” to make public capital markets a more attractive option for startups and other businesses, according to SEC Chairman Jay Clayton’s comments at the forum. In addition to the report, those interested can watch a recording of the forum’s webcast as well as download the discussion and panelist materials. The SEC is currently accepting suggested topics for discussion at the 2018 Forum.
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