Trenton, NJ - The Small Business Emergency Assistance Loan Program provides direct financing of up to $100,000 to New Jersey-based businesses and nonprofits that have been negatively impacted by the COVID-19 pandemic. Pre-registration for the Small Business Emergency Assistance Loan Program (Phase 2) is now open. Pre-registration will close at 5:00 p.m. on Friday, July 30th, 2021.
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East Hanover, NJ – Students 2 Science would like to announce two generous grants from Bayer Fund, in the amount of $125,000 and $25,000 respectively, to bring innovative STEM programs to Passaic Public Schools, NJ and Pittsburgh Public Schools, PA. “S2S is a convener between the public and the private sector, all with a shared vision to educate our future workforce by closing gaps in access to hands-on, rigorous STEM education and real-world experiences.
Washington DC - According to ROBERT W. CONN, MICHAEL M. CROW, CYNTHIA M. FRIEND, MARCIA MCNUTT, "Since the end of World War II, a particular conception of the relationship between scientific research and societal benefits has dominated US science and technology policy. As laid out in Vannevar Bush’s seminal 1945 report, Science, the Endless Frontier, the federal government, by funding basic research at the nation’s universities and independent research institutions, would generate both new scientific knowledge and the skilled practitioners needed to apply that knowledge to societal problems, thereby ensuring “our health, prosperity, and security as a nation in the modern world.”
Trenton, NJ - The New Jersey Economic Development Authority (NJEDA) board approved proposed amendments to the state’s Angel Investor Tax Credit Program rules that will help fuel investments into early-stage New Jersey technology companies and bolster New Jersey’s innovation economy. The amendments were based on expansions and revisions made to the program by both the Economic Recovery Act of 2020, which was enacted in January 2021, and legislation signed into law by Gov. Phil Murphy in 2019. Concurrently, the NJEDA board also approved publishing the proposed amendments in the New Jersey Register for a 60-day public comment period.
Hoboken, NJ - Stevens Institute of Technology and Rensselaer Polytechnic Institute announced today that they have been awarded the first-ever National Science Foundation grant to create an industry-university cooperative research center devoted specifically to financial technology and science. The Center for Research toward Advancing Financial Technologies, or CRAFT, led by Steve Yang and George Calhoun at the School of Business at Stevens and Aparna Gupta at the Lally School of Management at Rensselaer Polytechnic Institute, underscores the nation’s strategic investment in managing risks and unintended consequences of the emerging – and yet unknown – challenges facing the high-tech financial services industry.
RowanSOM researcher begins human trials for cancer treatment drug derived from legume tree7/21/2021 Glassboro, NJ - Could a targeted therapy derived from a plant used medicinally in China for centuries offer the next breakthrough in cancer treatment? Dr. Gary Goldberg, associate professor in the Department of Molecular Biology at Rowan University School of Osteopathic Medicine (RowanSOM), is undertaking a human clinical trial to find out.
Columbus, OH - According to Colin Edwards of SSTI, "Recession can drive increases in entrepreneurship as laid off workers look for other opportunities and start their own businesses. Increases in business startup activity throughout the 2020 recession were greater than any time in the 15 years prior. This edition of Useful Stats examines data from the Census Bureau’s Business Formation Statistics (BFS) series covering business initiation activity as indicated by applications for an Employer Identification Number (EIN)."
Washington DC - The federal government has not developed strategic economic intelligence to understand the competitive position of its traded sectors, and the time is now for a more advanced technology strategy and that will require a better data collection system. That is one of the key takeaways of a recent report from the Information Technology and Innovation Foundation (ITIF). The report identifies three key areas with major statistical gaps and calls on Congress to fund modernization and expansion of federal statistical agency IT systems.
Columbus, OH - According to SSTI, "When planning and evaluating programs and policies in local and regional innovation economies, a key measure is the amount of private business research and development (R&D) activity taking place, typically found in the Business Enterprise Research & Development Survey (BERD). The Census Bureau, in cooperation with the National Science Foundation’s National Center for Science and Engineering Statistics (NCSES), is seeking public comment on planned updates to the BERD survey. "
Washington DC - According to Matt Fieldman, "This blog is the fourth in a monthly series brought to you by the America Works initiative. As a part of the MEP National Network’s goal of supporting the growth of small and medium-sized manufacturing companies, this series focuses on innovative approaches, and uncovering the latest trends in manufacturing workforce development. Growing up, my parents used to always joke that we needed a money tree to provide endless funding for my many expensive tastes."
Savage, who helped N.J. rediscover need for CTE programs at vo-tech schools, retires today7/21/2021 Trenton, NJ - After more than 20 years in the role, Judy Savage retires Thursday as the executive director of the New Jersey Council of County Vocational-Technical Schools. Savage, who will succeeded by Assistant Director Jackie Burke, said she was thrilled to see the progress the organization has been able to make in the past two decades. Just this past June, as part of the 2018 Securing Our Children’s Future Bond Act, the Legislature appropriated $220 million for 17 projects that will go to enhancing career and technical education programs — the type of programs that are so desperately needed to help create the next-generation workforce.
Morris: Ultimate goal is to build cancer center that will attract patients from around world7/21/2021 New Brunswick, NJ - According to Tom Bergeron, "The biggest goal for cancer care in New Jersey has been defined for decades: Residents shouldn’t have to go to New York City or Philadelphia to get world-class care, they should be able to get it here. Last week’s groundbreaking of the $750 million Jack & Sheryl Morris Cancer Center, a 12-story, 510,000-square-foot facility in New Brunswick that represents a major expansion of the Rutgers Cancer Institute, may change the narrative."
Black Entrepreneurs Gain Access to $150 Million Amazon Fund with Launch of its Accelerator Program6/22/2021 According to American Entrepreneurship Today, for Black entrepreneurs who are sellers in Amazon’s store or those with similar aspirations, they now have major support from Amazon with the launch of its new Black Business Accelerator (BBA). Those joining the accelerator will gain access to capital, business guidance, mentorship, and marketing support.Amazon’s goal is to help Black-owned businesses achieve sustainable equity and growth. The ecommerce giant is partnering with its’ Black Employee Network and other strategic partners to tackle head on the barriers that Black entrepreneurs face in “access, opportunity, and advancement” due to systemic racism across America.
Paterson, New Jersey - According to American Entrepreneurship, Governor Phil Murphy announced that Lieutenant Governor Sheila Oliver, Department of Banking and Insurance Commissioner Marlene Caride, Rutgers University President Dr. Jonathan Holloway, and Council of New Jersey Grantmakers President and CEO Maria Vizcarrondo will lead the Governor’s Wealth Disparity Task Force. They will be joined by additional government officials, academic researchers, and faith and community leaders to be announced at a later date.
“In my State of the State Address in 2020, a month before the pandemic swept over our state, I announced my intention to form a task force focused specifically on the issue of our state’s gaping racial wealth disparity,” said Governor Murphy. “Lieutenant Governor Oliver, Commissioner Caride, Dr. Holloway, and Maria Vizcarrondo are the right choices to lead the Wealth Disparity Task Force. As esteemed and experienced leaders in government and education, they are well qualified to tackle this issue and advocate for the inclusion of all in prosperous future of our state.” Washington D.C. - According to PHRMA, we are in a new era of medicine where groundbreaking biopharmaceutical research and development is transforming medicine, but these innovations are meaningless if they don’t reach patients, including those in underserved communities. Health disparities are not new, but the COVID-19 pandemic put a spotlight on long-standing health inequities that affect diverse racial and ethnic communities in America. Data shows these populations have been disproportionately impacted by COVID-19. In fact, American Indian/Alaskan Native, Hispanic, and Black populations are approximately twice as likely to die from COVID-19, as compared to non-Hispanic whites.
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