Washington D.C. – According to Michael Rosen of AEI, “Opponents of a patent “troll” reform bill currently before the House of Representatives won a significant tactical victory last week when House leadership pushed back a vote on the measure. The delay likely means a greater focus on a parallel bill that’s wending its way through the Senate and undergoing intense negotiations between lawmakers and interest groups.”
Camden, NJ - Cooper Medical School of Rowan University announced Friday it has received a $1.75 million grant from the U.S. Department of Health and Human Services’ Health Resources and Service Administration to improve primary care workforce and address the shortage of these physicians in underserved communities in New Jersey.
Washington D.C. – According to Brookings institute’s Walter Valdivia, “The fiscal budget has become a casualty of political polarization and even functions that had enjoyed bipartisan support, like research and development (R&D), are becoming divisive issues on Capitol Hill. As a result, federal R&D is likely to grow pegged to inflation or worse, decline.”
Acting Governor Guadagno Welcomes Newark Venture Partners, Region’s First Elite Venture Fund and Technology Accelerator
Newark, NJ - Acting Governor Kim Guadagno joined local officials and members of Newark’s business community to announce the launch of Newark Venture Partners (NVP), a new $50 million early-stage social impact venture fund, the first of its kind in the New York metropolitan area.
Trenton, NJ - The New Jersey Economic Development Authority (EDA) today continues its series highlighting how entrepreneurs and investors are helping to build New Jersey’s technology ecosystem. With a career spanning more than 30 years, John Bailye, of Far Hills, has been involved with dozens of startup companies, venture funds and entrepreneurial endeavors. Of his notable accomplishments in New Jersey is Dendrite International.
Trenton, NJ - According to Andrew Sheldon of NJBiz, "NJ 2-1-1 Partnership has received a grant of new DF15 H03 servers from the IBM Corporation. These servers will allow the partnership to consolidate applications from old servers onto virtual servers and help NJ 2-1-1 continue to provide valuable services for people in search of health and human service needs in New Jersey."
Trenton, NJ - Are you an immigrant entrepreneur who has excelled in the areas of growth, advocacy, innovation, sustainability, and leadership? Do you know someone, a colleague, family member, neighbor, or friend, who you think has what it takes to be named the 2015 Immigrant Entrepreneur of the Year? To nominate: go to http://NJIEAwards.org.
Trenton, NJ - Governor Christie signed another balanced budget for FY16 that invests in education and higher education academic institutions.
First Lady Christie and Health Commissioner Announce Grants for Autism Medical Homes and Expansion of Autism Research
Trenton, NJ – Enhancing the administration's firm commitment to finding new and innovative ways to help New Jersey families impacted by autism, First Lady Mary Pat Christie and Health Commissioner Mary E. O’Dowd today announced $4.4 million in grants to establish Autism Medical Homes and the advance research in the understanding, prevention, evaluation and treatment of the biologically-based disorder. New Jersey is a national leader in early intervention and education of children with autism which affects about 1 in 45 children across the Garden State.
Ridgewood, NJ - According to Darius Amos, "Thanks in part to a large donation, learning at the Ridgewood middle school level is about to step into the future. The Ridgewood Education Foundation (REF) has awarded an $85,000 leadership grant to the Board of Education to "kick off the renovation of science classrooms" at George Washington and Benjamin Franklin middle schools, according to REF Board of Trustees President Jennie Smith Wilson."
Philadelphia, PA – The Biotechnology Industry Organization (BIO) released “Bioscience Economic Development in the States: Legislation and Job Creation Best Practices” today at the 2015 BIO International Convention. The Best Practices Guide is the bioscience industry’s leading comprehensive analysis of state legislative and regulatory initiatives in support of economic development.
Washington D.C. - According to the Information Technology and Innovation Foundation, "With Congress in the midst of considering legislation to reauthorize the U.S. Export-Import (Ex-Im) Bank—its current authorization expires and thus must be extended by June 30, 2015—comes fresh evidence reiterating the vital need for the Bank in providing export credit finance support for America’s exporters."
Trenton, NJ - According to NJ Business Magazine, "Investors interested in startups and high-tech businesses should find out if they qualify for Angel Investor Tax Credits by the state. Check out the NJ Economic Development Authority website explaining the details of the program."
Washington D.C. - Four years ago, the Information Technology and Innovation Foundation (ITIF) advocated for an idea that is now drawing attention on Capitol Hill: "patent boxes." So named because they can involve adding a special check box to tax forms, the goal of patent boxes is to spur commercialization of research and development by allowing corporate income from the sale of patented products to be taxed at a lower rate than other income.
Washington D.C. – According to Bernie Becker of the Hill, “Lawmakers seeking progress on tax reform are considering a new incentive for innovation that would help companies that already pay comparatively little in taxes.The preference, called a “patent box” or “innovation box,” essentially gives companies a tax break on income from their intellectual property, making it especially attractive to high-tech and pharmaceutical businesses.”
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