Washington DC - According to SSTI, "Are you looking to increase the success rate of your state’s SBIR/STTR proposals? If so, a reminder that applications for the Small Business Administration’s Federal and State Technology (FAST) Partnership Program are due next Friday, June 28, at 4 p.m. EDT. This program provides one-year funding to organizations executing programs related to SBIR/STTR outreach, technical assistance, or financial support. As a way to help inform these proposals, SSTI has updated the data from a January Useful Stats article on NIH SBIR/STTR success rates to include the most recent year available, FY 2018."
Trenton, NJ - Startups and emerging technology businesses would likely see increased investments under legislation to boost the Angel Investor Tax Credit program that was released June 17 by the Senate Economic Growth, Senate Budget & Appropriations and Assembly Budget committees. S-2298 (Corrado, Singleton)/A-5604 (Freiman, Pinkin, Milam) would increase the credit from 10% to 20% of qualified investment in New Jersey emerging technology companies with fewer than 225 employees, 75% of which must be located in the state. For companies that are minority- or woman-owned, or located in a distressed area of the state, the credit could be increased to 25%.
Washington DC - The Global Trade and Innovation Policy Alliance (GTIPA) is a global network of 34 independent, like-minded think tanks from 25 nations throughout the world that believe trade, globalization, and innovation—conducted on market-led, rules-based terms—maximize welfare for the world’s citizens. The Alliance exists to collectively amplify each member’s voice and enhance their impact on trade, globalization, and innovation policy issues while bringing new scholarship into the world on these subjects. This volume provides GTIPA members’ perspectives on what their nations are doing best when it comes to national innovation policy, and where there is the greatest opportunity for improvement. The goal of this report is to provide a profile of member countries’ national innovation policies, and a comparative analysis of where the greatest strengths and opportunities for improvement lie. It also provides examples of specific innovation policies that have proven successful and other nations may therefore wish to adopt.
Washington DC - The application period for the 2020 Mirzayan Fellowship program will be open from June 17, 2019 to September 6, 2019. The Fellowship stipend will be $9,250. Please check back here for the latest information on applying as it becomes available. The Christine Mirzayan Science and Technology Policy Graduate Fellowship Program is a full-time hands-on training and educational program that provides early career individuals with the opportunity to spend 12 weeks at the National Academies of Sciences, Engineering, and Medicine in Washington, DC learning about science and technology policy and the role that scientists and engineers play in advising the nation.
Boston, MA - According to SSTI, "The Massachusetts Life Sciences Center (MLSC) plans to launch a seed fund to support the development of life sciences startups outside of the Greater Boston area. These areas, many already rich in major research university and medical center anchor institutions, should be bolstered by this early-stage funding currently concentrated in Boston.
The Medical Device Manufacturers Association (MDMA) released the results of a survey of over 100 medical technology innovators that shows the devastating impact the medical device tax would have on patient care and innovation if it is reinstated on January 1, 2020. Notably, 82 percent of respondents shared that if additional relief was not secured by September 30, 2019 they would need to begin taking negative steps to prepare for the tax. Read more here.
From New Jersey Business
The Centers for Medicare & Medicaid Services have selected New Jersey Innovation Institute (NJII), an NJIT corporation, as a Prime Awardee of the Network of Quality Improvement and Innovation Contractors, (NQIIC). This designation will allow NQIICs to bid on Task Orders over the next five years. As a Prime NQIIC awardee partnering with other Quality Improvement Contractors under the new CMS Indefinite Delivery/Indefinite Quantity contract mechanism to support quality improvement efforts, each NQIIC may serve as quality improvement experts, facilitators/change agents for healthcare transformation by achieving bold aims at a high value. Read more here.
From New Jersey Business
The Assembly voted June 20 to increase the Angel Investor Tax Credit program to as much as 25% of investments in qualified New Jersey startup companies. The Senate is scheduled to vote on the same measure June 21. NJBIA supports the bill, S-2298 (Corrado, Singleton)/A-5604 (Freiman, Pinkin, Milam) because it makes it easier for startups and emerging technology businesses to get increased investments, which in turn makes New Jersey more attractive to innovative high-tech companies. Read more here.
The launch of New Jersey’s largest academic health system, increased access and opportunities for students and the rise of new state-of-the-art learning and research spaces are among major accomplishments at Rutgers University, President Robert Barchi said yesterday as he delivered a five-year report on the University Strategic Plan to the Rutgers Board of Governors. Looking back since his arrival at Rutgers in 2012, Barchi shared some of the most significant advances at the university. Read more here.
Startups and emerging technology businesses would likely see increased investments under legislation to boost the Angel Investor Tax Credit program that was released June 17 by the Senate Economic Growth, Senate Budget & Appropriations and Assembly Budget committees.
S-2298 (Corrado, Singleton)/A-5604 (Freiman, Pinkin, Milam) would increase the credit from 10% to 20% of qualified investment in New Jersey emerging technology companies with fewer than 225 employees, 75% of which must be located in the state. For companies that are minority- or woman-owned, or located in a distressed area of the state, the credit could be increased to 25%. Read more here.
The Henry M. Rowan College of Engineering at Rowan University is part of an international team working to preserve the vision of patients with some of the leading causes of blindness. Dr. Mark Byrne, professor in the Department of Biomedical Engineering, is an advisor and collaborator in the ORBITAL (Ocular Research By Integrated Training and Learning) European Training Network program. ORBITAL, funded with €4m (about $4.5 million U.S.) by the European Union, will work to develop improved, less-invasive treatments of diseases of the back of the eye, such as age-related macular degeneration (AMD) and diabetic eye disease. More here.
Media giant Hearst Magazines is the latest company to partner with the New Jersey Institute of Technology’s (NJIT) Ying Wu College of Computing to train its employees in the fast-growing area of data science. Called “Hearst Data University” by the company, Hearst employees are taking part in on-site training led by NJIT professors. Read more here.
Robert Asaro-Angelo, commissioner of the N.J. Department of Labor and Workforce Development, and Assemblyman Andrew Zwicker, chair of the N.J. Assembly Committee on Science, Innovation and Technology, both spoke at the Innovation New Jersey meeting June 14 in New Brunswick.
The meeting, which was hosted by Rutgers' Institute for Food, Health and Nutrition, in its spectacular and still new building on the university's Cook Campus.
Assemblyman Andrew Zwicker (hand raised) seen speaking at the June 14 meeting. To his right are Charlene Brown of AT&T, Commissioner Robert Asaro-Angelo, Haskell Berman of HINJ, Tyler Seville of Novo Nordisk and Melissa McKillip of Rutgers. Photo by Edward Tate.
Commissioner Asaro-Angelo told the large and receptive audience that New Jersey needs to market it's greatest asset, "which is our talent."
Assemblyman Zwicker talked about efforts to continue advancing innovation in our state, including a soon-to-be-announced proposal to reorganize units of government in Trenton responsible for business and innovation.
Eli Khazzam of the N.J. Economic Development Authority gave the audience an update on www.researchwithnj.com, the state's one-year-old database and website to encourage collaboration among industry and university scientists and their colleagues.
Using sound vibrations and pulses of near-infrared light, a Rutgers University scientist has developed a new “virtual biopsy” device that can quickly determine a skin lesion’s depth and potential malignancy without using a scalpel. Currently, physicians who perform surgical biopsies often don’t know the extent of a lesion – and whether it will be necessary to refer the patient to a specialist for extensive tissue removal or plastic surgery – until surgery has already begun. Read more here.
New Jersey needs centers of innovation, technology and venture capitalism to compete with other states, panelists at the Venture Funding in the New Jersey Economy event said Wednesday at the Heldrich Hotel in New Brunswick. The event was sponsored by the New Brunswick Development Corp., better known as Devco, which currently is developing The Hub in New Brunswick to serve as such a space. Read more here.
Do not miss a single innovative moment and sign up for our newsletter!