Washington D.C. - U.S. Sens. Cory Booker (D-NJ), Kirsten Gillibrand (D-NY), Patty Murray (D-WA), Chris Coons (D-DE), and Gary Peters (D-MI) today introduced the Scale-Up Manufacturing Investment Company (SUMIC) Act of 2015, legislation that increases access to capital for entrepreneurs looking to scale-up and commercialize their advanced manufacturing innovations.
Senator Booker Introduce Bill to Scale-Up Investments for Small Advanced Manufacturing Businesses8/9/2015
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Washington D.C. - U.S. Secretary of Commerce Penny Pritzker today announced the launch of the Economic Development Administration’s (EDA) $10 million funding opportunity for the 2015 Regional Innovation Strategies (RIS) Program competition to spur innovation capacity-building activities in regions across the nation. Under this program, EDA is soliciting applications for two funding opportunities: the i6 Challenge, which funds organizations that help innovators and entrepreneurs turn innovations, ideas, intellectual property, and research into viable, sustainable companies, and Seed Fund Support Grants (previously Cluster Grants for Seed Capital Funds), which funds regionally-focused seed capital funds that provide early-stage capital to innovation-based startups with a potential for high growth. This is the second RIS competition; EDA’s 2014 i6 and Seed Fund Support Grant awardees were announced in March 2015.
Newark, NJ - The New Jersey Innovation Institute (NJII), acting as New Jersey's State-designated entity on behalf of the New Jersey Department of Health, has received a $2.9 million grant from the Office of the National Coordinator for Health Information Technology, an agency of the U.S. Department of Health and Human Services (HHS). NJII will help the Department of Health ensure the sharing of quality data through its New Jersey Health Information Network (NJHIN).
Washington D.C. - According to the State Science and Technology Institute (SSTI), "Challenge.gov, an online portal that facilitates public-sector prize competitions, is celebrating its fifth anniversary later this year. Numerous federal agencies have used prize competitions to spur innovation around areas ranging from water desalination to lung cancer, according to a White House blog post. Those agencies have found that this incentive-laden approach increases cost-effectiveness, encourages risk-taking, and reaches participants beyond a typical scope."
Washington D.C. – According to Michael Rosen of AEI, “Opponents of a patent “troll” reform bill currently before the House of Representatives won a significant tactical victory last week when House leadership pushed back a vote on the measure. The delay likely means a greater focus on a parallel bill that’s wending its way through the Senate and undergoing intense negotiations between lawmakers and interest groups.”
Camden, NJ - Cooper Medical School of Rowan University announced Friday it has received a $1.75 million grant from the U.S. Department of Health and Human Services’ Health Resources and Service Administration to improve primary care workforce and address the shortage of these physicians in underserved communities in New Jersey.
Trenton, NJ - Joined by state, federal, and local officials, Acting Governor Kim Guadagno, chair of the New Jersey Military Installation Growth and Development Task Force (Task Force), released the Task Force’s final report and includes STEM education as well as innovation to growth the NJ sector.
Montclair, NJ - NJ Spotlight today published an op-ed authored by Dean J. Paranicas, President and Chief Executive Officer of the HealthCare Institute of New Jersey (HINJ) on the subject of patent reform legislation currently pending before the U.S. House of Representatives.
Washington D.C. - According to the Information Technology and Innovation Foundation, "With Congress in the midst of considering legislation to reauthorize the U.S. Export-Import (Ex-Im) Bank—its current authorization expires and thus must be extended by June 30, 2015—comes fresh evidence reiterating the vital need for the Bank in providing export credit finance support for America’s exporters."
Washington D.C. - The Food and Drug Administration (FDA) has announced a research partnership with PatientsLikeMe, an online patient community, to explore the potential for patient-generated health data to identify dangerous drugs. The FDA already collects data about instances of dangerous drug side effects, called adverse events, though its access to this information is limited to patients who voluntarily report adverse events directly to the FDA and aggregated data from insurers and electronic medical records. FDA hopes this new partnership, which grants it access to 110,000 adverse event reports related to 1,000 different medications from PatientsLikeMe users who voluntarily share their data, will allow for more a detailed understanding of how patients take medicine.
Washington D.C. - Four years ago, the Information Technology and Innovation Foundation (ITIF) advocated for an idea that is now drawing attention on Capitol Hill: "patent boxes." So named because they can involve adding a special check box to tax forms, the goal of patent boxes is to spur commercialization of research and development by allowing corporate income from the sale of patented products to be taxed at a lower rate than other income.
Newark, NJ - The New Jersey Innovation Institute (NJII), an NJIT corporation that applies the intellectual and technological resources of the state’s science and technology university to challenges identified by industry partners, hosted 60 companies and public officials at the NJ MarketShift Design Forum 2.0 on Friday, June 12, 2015 at the Forsgate Country Club. Attendees gave the program high ratings overall for innovation management workshops, collaboration strategies, web platform demonstrations and business value.
Cherry Hill, NJ - Has your lab had a successful technology partnership or program experience with its state or local government office? If so, we want to hear about it! The Federal Laboratory Consortium for Technology Transfer (FLC) is now accepting submissions for its 2015 edition of the Federal Laboratories & State and Local Governments: Partners for Technology Transfer Success publication.
Washington D.C. - The U.S. Small Business Administration (SBA) released a combined synopsis/solicitation with the intention of awarding up to three contracts for entities to head regional innovation cluster initiatives. SBA intends to make three awards including one to an entity that will provide cluster initiative services to a community affected by changes in the coal economy.
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