Trenton, NJ - According Kimberly Redmond of NJBIZ, "As part of NJBIZ’s latest virtual discussion, women from New Jersey’s academic and business worlds spoke about the persisting gap in gender diversity when it comes to careers in science, technology, engineering and math (STEM) and what can be done to create greater equity."
Washington DC - The Tech Hubs Program is an economic development initiative designed to drive regional technology- and innovation-centric growth by strengthening a region’s capacity to manufacture, commercialize, and deploy critical technologies. This program will invest directly in regions with the assets, resources, capacity, and potential to transform into globally competitive innovation centers in approximately 10 years while catalyzing the creation of good jobs for American workers at all skill levels, both equitably and inclusively.
SSTI: Institutions with limited federal funding have new access to R&D programs
Westville, OH - According to SSTI, "Despite Carnegie Classification as an R2 institution, Northern Illinois University (NIU) and other similar universities do not qualify for existing R&D capacity-building initiatives targeting Established Program to Stimulate Competitive Research (EPSCoR) states or minority-serving institutions (MSIs). In a recent article, Northern Illinois University administrators defended the necessity for a new designation for federal agencies to use to prioritize R&D funding for institutions such as NIU."
Westerville, OH - According to Conor Gowder, "In anticipation of America's Seed Fund week on May 15-18, 2023, this article will explore the last 10 years of Small Business Innovation Research (SBIR) program award data. These data cover all 50 states, D.C., and Puerto Rico. SBIR is a highly competitive awards-based program that funds small businesses to support R&D projects with potential for commercialization. Eleven federal agencies participate in the SBIR program, each with varying budgets, requirements, and goals."
Princeton selected to lead NSF-funded regional consortium for photonics research and workforce development
Princeton, NJ - A new Princeton-led collaboration to drive economic and technological advancements in photonics – the branch of science that includes lasers, optical fibers and cutting-edge light-based innovations – has been awarded a development grant from the U.S. National Science Foundation’s Regional Innovation Engines, or NSF Engines, program. The grant will lay the groundwork for a multistate collaboration called Advancing Photonics Technologies that aims to advance research, transition discoveries into the economy, and build the region’s technological workforce.
Trenton, NJ - 126 New Jersey STEM students graduated from the Governor’s STEM Scholars, a year-long program that provides a 360° view of New Jersey’s STEM economy through conferences, lab tours, and research. During the Commencement ceremony and conference held at Stevens Institute of Technology, each Scholar was honored for their efforts in STEM with a diploma signed by New Jersey Governor Phil Murphy and a Joint Legislative Resolution sponsored by Senate President Nicholas P. Scutari, Assembly Speaker Craig Coughlin, Senator Andrew Zwicker, and Assemblyman Chris Tully.
Camden, NJ - Cooper University Health Care’s Innovation Center and DigiCARE Realized have signed a partnership agreement to test deployment and implementation of an artificial intelligence (AI)-powered technology designed to identify undiagnosed cases of early-stage Alzheimer’s disease and related dementias. Old Bridge-based DigiCARE Realized is an emerging AI-technology firm that commercializes evidence-based solutions for modernizing care for complex brain diseases like Alzheimer’s disease and related dementias (ADRD).
Hoboken, NJ - In an effort to provide expertise and additional resources to nonprofits across the country, Bank of America is providing Jersey City-based Liberty Science Center (LSC) a senior technology leader for the next 12 months as part of Bank of America’s (BofA) Leader on Loan program. BofA TechStart Pathways Program Manager, Pragna Mehta, will fulfill a full-time role at LSC as their interim Data and Analytics Strategist. Mehta will take on a strategy role at the interactive Science Center, working with an internal team to implement workflows designed to consolidate data management tools. She will help the nonprofit’s business tactics by providing suggestions on how to prioritize projects, creating useful dashboards and metric-driven trackers, and building budget-based solutions that cover LSC’s full portfolio and scope of work.
Columbus, OH - According to Jonathan Dillon, "The U.S. Census Bureau in February released a new experimental data product designed to better measure the business dynamics of innovative firms (BDS-IF). The new Business Dynamics Statistics of U.S. High Tech Industries provides measures of business dynamics for what the Census classifies as high-tech and non-high-tech industries, defined by science, technology, engineering and math (STEM) occupation intensity. A Census analysis on the data reveals that high-tech industries are concentrated in five coastal metro areas."
Philadelphia, PA - Academic medical centers are known for being innovation hubs. LDI Senior Fellow Ingrid Nembhard oversaw a study led by Penn Medicine and Wharton graduate Elana Meer that investigated successful health care innovation management. They interviewed directors at academic medical centers recognized for innovations about what led to their successes.
Columbia, OH - According to Conor Gowder, "A study titled Incubators, accelerators and urban economic development, published in the Urban Studies Journal last year, found positive impacts on employment and access to capital for participants. The study examines the impacts of accelerators and incubators on urban economic development through a systematic review of Organization for Economic Co-operation and Development (OECD)-wide evaluations, making use of policymaker and academic consultations, finding that both accelerators and incubators raise participant employment while accelerators have the additional benefit of aiding access to finance."
Columbus, OH - According to Dan Berglund, "Late last week, the Economic Development Administration (EDA) released “Tech Hubs Program Fact Sheet,” which provides some information on where the Tech Hubs program is headed. However, the sheet leaves many questions unanswered and raises new questions about how the program will be administered. The program, authorized in the CHIPS and Science Act at $10 billion, received $500 million in funding to date. EDA indicates it will use $15 million for strategy development grants and the remaining funding for at least five implementation awards."
Trenton, NJ - According to Linda Lindner, "Manufacturers across New Jersey are gearing up for what’s expected to be one of the largest turnouts of manufacturing industry leaders, STEM firm executives and New Jersey legislators as they convene at the 2023 State of the State manufacturing summit May 4, according to a Monday announcement from the New Jersey Manufacturing Extension Program."
U.S. News graduate business school rankings: Rutgers edges Stevens as tops in N.J. for full-time MBA programs
New Brunswick, NJ - According to ROI-NJ, "Rutgers University has a Top 50 overall ranking for full-time MBA programs, according to the prestigious rankings released by U.S. News & World Report on Tuesday morning. With a score of 65 (out of 100), Rutgers tied for No. 45 overall with the graduate MBA programs at Texas A&M University and the College of William & Mary. Stevens Institute of Technology, with a score of 59, finished in a tie for No. 53 with the University of Arizona."
Trenton, NJ - National economic challenges and rising interest rates started to impact New Jersey’s life sciences market during the first quarter of 2023. During Q1, New Jersey posted an availability rate for lab/R&D space of 8.3%, an increase from the 7.4% the market posted in the fourth quarter of 2022. In fact, lab vacancy increased across the top 13 U.S. life sciences markets in the first quarter, providing relief for companies that had found little available space in recent years, according to a new report from CBRE.
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