InnovationNew Jersey

NJMEP is earning a return on investment of 15.3 to 1

5/23/2019

From NJBIZ
John Kennedy, president and CEO of the nonprofit New Jersey Manufacturing Extension Program, cited an independent third-party report showing NJMEP is earning a return on investment of 15.3 to 1. Kennedy cited a new study by the W.E. Upjohn Institute that found the National Institute of Standards and Technology’s Manufacturing Extension Partnership Program generates an economic and financial return of 14.4 to 1 for the $140 million annually invested by the federal government. Read more here.

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SBA Announces MaTCH Pilot Competition

5/23/2019

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Seeking to address the job skills and placement gaps faced by U.S. businesses, U.S. Small Business Administration Acting Administrator Chris Pilkerton announced the launch of the agency’s Makerspace Training, Collaboration and Hiring (MaTCH) Pilot Competition.
By providing funding to create or expand programs with job-specific and soft skills training within existing makerspaces, the SBA is looking to the MaTCH Pilot Competition as a solution to developing much- needed job skills and filling those placement gaps faced by U.S. businesses.

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Let's reward today's superheroes by respecting their intellectual property

5/23/2019

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From The Hill
Last weekend, just days after attending a White House roundtable on the threat of counterfeit and pirated goods to the U.S. economy, I joined the 90 percent of moviegoers lined up to see “Avengers: Endgame.” After enjoying this fantastic movie, I wrote a quick social media review. Within moments, I received two separate posts directing me to pirate sites, where I could purportedly watch the same film in HD for free. Of course I declined the offer. But as an intellectual property advocate, I couldn’t help but note the blatant online advertising of stolen goods. Read more here.

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Gift Injects New Energy into NJIT’s College of Architecture and Design

5/22/2019

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New Jersey Institute of Technology (NJIT) has renamed its College of Architecture and Design for J. Robert and Barbara A. Hillier to reflect the globally renowned architects’ historic donation to the university. Their gift, the university’s largest ever, will enrich the architecture and design program in many ways: with scholarships that diversify the pool of talented architects entering the profession and funds for the technology that will advance it, to name just two. Read more here.

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World Trade Month: How we can expand world-class pro-innovation standards

5/22/2019

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Opinion from PhRMA
May is World Trade Month—a celebration of the industries that import and export goods and services around the world. The month offers a good opportunity to examine the significance of international trade agreements and highlight the important economic role that the innovative biopharmaceutical sector plays both domestically and abroad. As it continues to build on the pro-innovation provisions of the United States-Mexico-Canada Agreement (USMCA), the United States has several major opportunities to raise global standards even further. The successful pursuit of an ambitious trade agenda will help to deliver lifesaving medicines to patients both today and in the future. Read more here.

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Audible opens Innovation Cathedral in Newark

5/20/2019

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From New Jersey Business
Audible celebrated the opening of its Innovation Cathedral in Newark on May 17, where it will house 400 employees just a few short blocks away from its main headquarters at 1 Washington Park. Formerly home to the Second Presbyterian Church, which was founded in 1811 and would grow to a peak congregation of 10,000 in the 1950s, the structure lay dormant for 25 years. Read more here.

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Entrepreneurs and Investors Convene at NJEDA’s Latest New Jersey Founders & Funders Event

5/17/2019

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From New Jersey Business

More than two-dozen New Jersey entrepreneurs met May 9 with investors from the Mid-Atlantic region as the New Jersey Economic Development Authority (NJEDA) hosted its semi-annual New Jersey Founders & Funders at 1776, a coworking space in the Cherry Hill Mall. Now in its sixth year, New Jersey Founders & Funders connects early-stage technology and life sciences companies with potential investors in 10-minute, one-on-one “speed dating” sessions to discuss strategy, business models, and funding opportunities. Read more here.

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NJIT and Union County College Launch Joint Academic Agreement

5/17/2019

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Newark, NJ - Union County College (UCC) students pursuing an associate degree in either science or applied sciences are now able to seamlessly transfer into a variety of bachelor’s degree programs — from engineering and architecture to computing and management, and more — at New Jersey Institute of Technology (NJIT). The two institutions signed a two-year academic agreement April 30 to provide UCC students with the opportunity to plan their total baccalaureate experience at the beginning of their college education. Effective this past February, the agreement also serves to facilitate the recruitment of students into programs offered by both NJIT and UCC.

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Leadership at New Center for Discovery and Innovation Announced: Celgene founder and biotechnology industry veteran Dr. Sol J. Barer named Chair of the Board Directors; Renowned biomedical researcher Dr. David S. Perlin named Chief Scientific Officer

5/17/2019

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Trenton, NJ - Hackensack Meridian Health announced the appointments of Sol J. Barer, Ph.D., as chair of the board of directors and David S. Perlin, Ph.D., as chief scientific officer at the Hackensack Meridian Health Center for Discovery and Innovation (CDI). These world-renowned biomedical veterans will advance the mission of the CDI, which seeks to translate current innovations in science to improve clinical outcomes for patients with cancer and other life-threatening and disabling conditions. The CDI, housed in a newly renovated state-of-the-art facility that formerly was home to the Roche Institute of Molecular Biology, offers world-class researchers a support infrastructure and culture of discovery that promotes science innovation and translation to the clinic.

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Useful Stats: Employment in high-tech and manufacturing by state, 2013-2017

5/17/2019

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Columbus, OH - According to Jason Rittenberg, "Many regional economic development strategies emphasize employment in manufacturing or high-tech, as these industries tend to provide well-paying jobs. Through an analysis of American Community Survey five-year data for 2013-2017, SSTI assessed state-level employment concentration within these sectors."

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New initiative to study ROI of smart cities

5/17/2019

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Columbus, OH - According to SSTI, "ESI ThoughtLab, a branch of economic consulting firm Econsult Solutions, has announceda new effort to study the return on investment of smart city programs across the world. Sponsored by groups like Accenture, General Motors, CBRE, and Oracle, the group is focusing on how the cities of the future can use sensors, data, and analysis to help fully realize the beenfits of working and living in a city. The new effort will be a follow-up to research released late last year by the group on building sustainable business and financing plans for smart cities."

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RFP for Policy Academy on strengthening your state’s manufacturers

5/17/2019

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Columbus, OH - According to SSTI, "NIST Manufacturing Extension Partnership program is seeking participants for its second Policy Academy cohort designed to leverage manufacturing growth in your state. Funded by NIST MEP and organized by SSTI and the Center for Regional Economic Competitiveness (CREC), the Policy Academy will provide participants with an opportunity to collaborate with other states to identify best practices, partnerships, and policies that will strengthen their manufacturers. The process is customized to build on existing strategies, leverage available resources, and spur creative new ideas about how to address major challenges and build on current opportunities. On May 8, the organizers held an informational conference call to discuss the Policy Academy, which may be accessed here. The downloadable RFP includes application guidelines. The deadline to submit a proposal is June 7, 2019. "

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New Report: Advanced manufacturing powering innovative biopharmaceuticals

5/17/2019

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Washington DC - According to Tim McClung, "The science-based advanced manufacturing infrastructure of the biopharmaceutical industry is critical to fueling the innovation necessary to bring new treatments and cures to patients. With a footprint stretching across the nation, biopharmaceutical manufacturing produces the cutting-edge medicines developed hand-in-glove within the research and development (R&D) ecosystem, providing high-wage STEM jobs, a growing source of exports and sustained investment and productivity gains. To shed light on biopharmaceutical manufacturing in the U.S., PhRMA released a new report on this vital facet of one of America’s most innovative sectors."

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Clinical trials impact state economies

5/17/2019

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Washington DC - According to John Corea, "A new report from TEConomy Partners, supported by PhRMA, provides estimates of industry-sponsored clinical trial activity in each of the 50 states, including the number of trials active, the number of trial participants, the annual direct investment by biopharmaceutical companies to operate the clinical trial sites, and the total economic impact resulting from that investment, including the indirect economic effects that ripple through local economies."

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NJIT to Confer 3,250 Degrees at 103rd Commencement Exercises May 21 and May 23

5/17/2019

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Newark, NJ - New Jersey Institute of Technology (NJIT) will award 3,250 baccalaureate, master’s and doctoral degrees at the 103rd Commencement exercises. The university also will confer honorary degrees upon three individuals on May 21, 2019 at the Prudential Center in Newark, New Jersey.

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<<Previous

Innovation News

NJMEP is earning a return on investment of 15.3 to 1

SBA Announces MaTCH Pilot Competition

Let's reward today's superheroes by respecting their intellectual property

Gift Injects New Energy into NJIT’s College of Architecture and Design

World Trade Month: How we can expand world-class pro-innovation standards

Audible opens Innovation Cathedral in Newark

Entrepreneurs and Investors Convene at NJEDA’s Latest New Jersey Founders & Funders Event

NJIT and Union County College Launch Joint Academic Agreement

Leadership at New Center for Discovery and Innovation Announced: Celgene founder and biotechnology industry veteran Dr. Sol J. Barer named Chair of the Board Directors; Renowned biomedical researcher Dr. David S. Perlin named Chief Scientific Officer

Useful Stats: Employment in high-tech and manufacturing by state, 2013-2017

New initiative to study ROI of smart cities

RFP for Policy Academy on strengthening your state’s manufacturers

New Report: Advanced manufacturing powering innovative biopharmaceuticals

Clinical trials impact state economies

NJIT to Confer 3,250 Degrees at 103rd Commencement Exercises May 21 and May 23

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