Electrons race along the surface of certain unusual crystalline materials, except that sometimes they don’t. Two new studies from Princeton researchers and their collaborators explain the source of the surprising behavior and chart a course for restoring the speedy flow of electrons through these remarkable crystals, prized for their potential use in future technologies including quantum computers. Please read more here.
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Feliciano Center opens up pitch contest to community-based startups — not just those run by students and alumni
For the first time, Montclair State University’s Feliciano Center for Entrepreneurship and Innovation is encouraging local entrepreneurs in Montclair, Little Falls and Clifton to submit to its prize-winning annual pitch contest, Startup Montclair — making it one of the only higher education institutions in the state to do so. “We’re excited to broaden our annual competition this year to include not only a ‘female founders’ prize for our students, but also a ‘community prize’ for entrepreneurs and their startups,” said Carley Graham Garcia, executive director of the Feliciano Center. “Our intention with this program is to bring our students and their startups closer to the entrepreneurial community around us.” Garcia, a former longtime Google executive, has been working to actively bridge the divide between the second-largest university in the state and the vibrant business and entrepreneurial community in Montclair. Please read more here.
At this week’s TechLaunch event, two emerging technology companies walked away as winners from the presenting B2B and consumer-geared pitches, splitting the rolling event’s honors. BullPen No. 16, held at Fairleigh Dickinson University and supported by the Morris Tech Meetup, saw assistive listening solution Audio Directions receive the Investor Award while BuckleBath captured the crowd, garnering the Audience Award. Similar to Shark Tank, TechLaunch is a rolling event hosted by various universities across the state which provides a platform for early stage tech startups to pitch their businesses to a mix including investors, fellow entrepreneurs, and members of academia and the businesses community. Please read more here.
As our civilization evolves, so do our expectations of technology. Together, they demonstrate how dramatic advances in robots, nanotechnology-enabled sensors and high-powered computing will continue to change and evolve our society. Importantly, many of these technologies, including smart robots, point-of-care devices and machine intelligence, will empower individuals to enjoy their lives more purposefully. Please read more here.
On Feb. 3, Vice Dean for Innovation Rodney Priestley stepped into a newly created role within Princeton's Dean for Research to provide academic leadership for innovation and entrepreneurship activities across campus. As Princeton's innovation leader, Priestley, a professor of chemical and biological engineering, will oversee efforts to grow the University's culture of innovation as a means to further its teaching and research mission and enhance its impact on the world. Priestley will devote half his time to the role of vice dean for innovation while retaining his active research program. A member of Princeton's faculty since 2009, Priestley has published nearly 100 articles, has co-founded two startup companies based on inventions made at Princeton, and is co-inventor on five patent-pending technologies ranging from lightweight aerogels for membranes to colloids for gels and emulsions. Please read more here.
Rutgers biomedical engineers have developed a “bio-ink” for 3D printed materials that could serve as scaffolds for growing human tissues to repair or replace damaged ones in the body. Bioengineered tissues show promise in regenerative, precision and personalized medicine; product development; and basic research, especially with the advent of 3D printing of biomaterials that could serve as scaffolds, or temporary structures to grow tissues. Please read more here.
Nothing about health care shopping is like strolling the aisles of a grocery store. If it were up to the health care technology companies growing in New Jersey, though, it would at least be something like scrolling the pages of an online store. Kyle Raffaniello, who was just named CEO at online health care business Sapphire Digital, says it’s about time for the change. “Health care has, for a long time, perhaps been the only industry where consumers really don’t shop like they do for other goods and services of their life — yet, there’s an argument that it’s one of the most important things to shop for,” she said. Please read more here.
Entrepreneurs who are capable of growing the innovation economy in New Jersey don’t always start in New Jersey. And that’s OK. At least, that’s the idea behind a pilot program approved Tuesday at the New Jersey Economic Development Authority meeting in Trenton. The program will provide $2.5 million that can be used to persuade young companies that have completed an accelerator program to take the next step and house their company in the state. That’s how Kathleen Coviello, executive vice president – technology, life science and entrepreneurship at the EDA, explains it. Please read more here.
Our top takeaways are:
Localytics was one of Boston’s tech darlings. One of the startups in Techstars Boston’s inaugural cohort back in 2009, the Boston-based mobile engagement platform company quickly proved that it could scale. In 2015, we referred to it as “one of Boston’s fastest rising stars in tech over the past few years.” That was the same year it raised $35 million in a Series D round, making it among the best-funded startups in the area. Please read more here.
Eleven ventures are hoping for rapid growth and impact as they embark SEED SPOT’s D.C.-based Impact Accelerator program. SEED SPOT organizes accelerator programs, launch camps and meetups focused on ventures with business potential and the ability to make social impact. At the Impact Accelerator’s kickoff party last week, the startups made their elevator pitches to the crowd at the Booz Allen Hamilton Innovation Center in D.C. The cohort is a diverse set of founders working on both businesses and nonprofits focused on education, animal care, sanitation and other things. Please read more here.
Last year, more than 500 life sciences executives, investors, institution collaborators and business development professionals attended from 17 states and five countries. This year, the conference will be held on Wednesday, May 13, from 7:30 a.m. to 4:30 p.m. at The Palace at Somerset Park, 333 Davidson Ave., Somerset. Please read more here.
Rowan University has received a 2020 FutureEdge 50 Award from IDG’s CIO, an accolade that recognizes Rowan’s embrace and use of new technologies. In fewer than five years, Rowan transformed its data analytics program to be accessible and usable by employees at all levels of the University. This program, led by the Division of Information Resources & Technology (IRT), enabled Rowan to more effectively and efficiently attract and retain students. Please read more here.
From New Jersey Business magazine
The New Jersey Economic Development Authority (NJEDA) approved 161 applications for investments into 32 emerging technology life sciences companies through the state’s Angel Investor Tax Credit Program in 2019. This represents the injection of $33.1 million in private capital into the state’s innovation ecosystem. More than 120 of the applications, totaling nearly $22 million in investments, were approved in the fourth quarter of the year alone. Please read more here.
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