Morris Plains, New Jersey - According to ROI, there were inventions to help treat cancers, detect Alzheimer’s disease earlier and aid in blood clotting during surgeries … patents on products that will help produce energy-efficient windows, cleaner water, more environmentally friendly truck emissions and better oil lubricants … discoveries that will help better translate the written word, compress data and better encrypt information … models to detect drones and create a fusion-powered rocket engine.There was even a better toilet.
The 41st annual Edison Patent Awards had a little bit of everything. But, more than that, the Research & Development Council of New Jersey proved once again that innovation is alive and well in the state.

Westerville, Ohio - According to SSTI, Key findings from two independent research projects reveal the pandemic’s corrosive effect on the nation’s innovation commercialization capacity. The projects separately explored how two related innovation financing components — angel investment and venture capital — were reacting to the coronavirus-caused slowdown. Individually, the results might appear simply as yet more interesting curiosities about the pandemic. Considered together, however, and one begins to see the potential unraveling of the broader U.S. innovation tapestry required to support long-term economic prosperity. The impact is likely to be felt most strongly in those states and metropolitan areas with fragile regional innovation systems.
The evidence. First, last week’s issue of the Digest included a story presenting the results of the Angel Capital Association’s survey of its members. The survey found responding angel investors were more likely to concentrate any additional investments into their existing portfolios and only 15 percent were considering new deals. Nearly one-third of respondents were disinterested in making any additional investments at this time.

Trenton, New Jersey - According to the Governor's Office, Governor Phil Murphy today announced Princeton University, Rutgers University, Hackensack Meridian Health and RWJBarnabas Health will be the first tenants of The Hub, a new collaborative site in downtown New Brunswick designed to foster research, entrepreneurship, innovation, and start-up incubation in New Jersey.“This project is a major step in helping New Jersey reclaim its spot at the top of the innovation economy,” said Governor Murphy.  “With its three core partners and first institutional tenant, The Hub will allow us to harness the collective experience of two of the country’s most prestigious research universities and two of its largest healthcare systems, which will serve to revolutionize research and development in our state.”
The New Jersey Economic Development Authority will also serve to drive activity at The Hub.

Trenton, New Jersey - According to the NJEDA, New Jersey First Lady Tammy Snyder Murphy and the New Jersey Economic Development Authority (NJEDA) today announced that female-founded ROAR Augmented Reality (ROAR) has become the first New Jersey company to close on an investment from Golden Seeds since the launch of the New Jersey chapter earlier this year.

The New Jersey chapter of Golden Seeds was started in February to empower New Jersey’s female entrepreneurs through investments, mentorship, and education. 

Golden Seeds is a nationwide angel investor network dedicated to investing in women-led startup companies. The organization has nearly 300 members that include accredited investors from a diverse range of locations, sectors, and backgrounds. Since its inception in 2005, Golden Seeds has invested over $135 million in nearly 200 companies. Despite COVID-19 impacting investing worldwide, Golden Seeds invested $8.6 million in 23 investments nationwide during the pandemic through September 30.
 

Westerville, Ohio - According to SSTI, the Senate released its draft appropriations bills for FY 2021 this week. Priorities for SSTI’s Innovation Advocacy Council did well, with increases for Build to Scale ($38.5 million, + $5.5 million from FY 2020) and FAST ($5 million, + $2 million) and level funding for Regional Innovation Clusters ($5 million).

Fairfield, New Jersey - According to New Jersey Business Magazine, both higher education institutions and corporations are leveraging each other in the innovation commercialization realm.As major corporations continue to reduce their basic research operations and also acquire small companies that possess appealing products/services, research-ready colleges and universities continue to engage the broader scenario with innovative products created in collaboration with corporate partners or, separately, developed entirely from scratch on their campuses and then commercialized. 

Chatham, New Jersey - The Research and Development Council of New Jersey will host the 41st Annual Edison Patent Awards November 12 at 6:30 p.m. 

Princeton, New Jersey- According to the Foundation for Health Advancement, the foundation will host "Innovate and Impact: Information and Education for Entrepreneurs and Innovators on December 2.

Princeton, New Jersey - According to Princeton University, Robert Prud’homme, professor of chemical and biological engineering at Princeton University, has been selected to receive the inaugural Dean for Research Award for Distinguished Innovation for the invention of flash nanoprecipitation, a method for creating nanoparticles that promises to improve the delivery of drugs throughout the body.The new annual award will be presented at noon on Nov. 5 as part of Engage 2020, Princeton’s new innovation and entrepreneurship conference, which is free and open to the public. At the ceremony, Prud’homme will deliver a lecture on the technology, focusing on its societal impact.

Trenton, NJ - According to Guillermo C. Artiles and Alexandra Viqueira, "More than five years after passing what should have been landmark digital currency legislation, New York is already beginning the onerous regulatory reform process of the BitLicense. In 2015, cryptocurrency was still a fledgling industry, and the New York Legislature’s clumsy attempt at managing its growth succeeded only in pushing talented and entrepreneurial businesses across the Hudson River. Digital currency continues to expand, but elsewhere – and now New Jersey has an opportunity to demonstrate what nurturing a thriving new sector looks like."

Washington D.C. - According to Advamed, the Advanced Medical Technology Association (AdvaMed) this week joined medtech industry, government and other health care stakeholders at the Asia-Pacific Economic Cooperation (APEC) Business Ethics for Small- and Medium-Sized Enterprises (SMEs) Virtual Forum in welcoming introduction of the Vision 2025 roadmap for reinforcing business integrity across the APEC region amidst COVID-19.

Washington D.C. - According to BIO, The Biotechnology Innovation Organization (BIO) today announced a new, strategic direction that will help guide it to achieving long-term goals while maintaining responsiveness to changing political headwinds.

Princeton, New Jersey - According to InnovationNJ, ​REGISTER NOW to attend Engage 2020, a new virtual conference presented by the Princeton innovation and entrepreneurship team and campus partners.

Westerville Ohio- According to SSTI, new analysis from the World Economic Forum (WEF) forecasts an 85 million global loss in jobs by the year 2025 due to pandemic-induced increase in technology adoption. While social distancing measures such as remote work have already brought many white collar workers into the “future of work,” the quickened pace of technology adoption and automation across all sectors will create greater employment challenges for lower paid and lower skilled workers. The WEF’s Future of Jobs Report 2020 also indicates that the jobs created to work with these new technologies could reach 97 million by 2025. However, business leaders and the public sector must take action to promote equitable workforce development and prepare all workers for the jobs of the future.

Westerville, Ohio-According to SSTI, apprenticeships, which will be celebrated during National Apprenticeship Week beginning Nov. 8, are receiving renewed attention and being highlighted as an avenue of economic mobility. Two recent reports highlight the opportunities of apprenticeships, the promise they hold for economic mobility, their expanding reach and a new effort in California to reach 500,000 apprenticeships by the year 2029.