Trenton, NJ - The NJ Economic Development Authority (EDA) recently announced the opening of itsTechnology Business Tax Certificate Transfer (NOL) Program application for 2015. The program permits technology and biotechnology companies to raise capital by selling unused New Jersey net operating losses and research and development tax credits.
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Montclair, NJ - Linguistics Professor Anna Feldman’s work in natural language processing provides a link between humans and computers. As a researcher, her work will have direct benefits to machine translation, specifically when it comes to translating figurative speech. “If you ever use Google Translate, you know machine translation is still not a fully solved problem,” she says. “While getting the structure and form of the translation is difficult, translating figurative language is back-breaking. First of all, the machine needs to detect figurative language, such as an idiom.”
Jersey City, NJ - In October, 2014 the Consortium was awarded a $10M grant by US Department of Labor to assist NJ’s long-term unemployed (for 27 weeks or more) to get back to work in three industries: Advanced Manufacturing, Information Technology and Life Sciences. NJ Department of Labor supplemented the award with $2M to expand our work to other key industries: Financial Services, Healthcare, Transportation, Logistics, Distribution, Retail, Travel and Tourism. The grant period is four years ending November, 2018.
Princeton, NJ - Edward Felten, a Princeton University computer scientist who is a leading expert on computer security, has been named deputy chief technology officer in the White House's Office of Science and Technology Policy (OSTP).
Washington D.C. - According to Babette Boliek, "Drones are hot. The possibility of a drone-filled future fires the imagination. Packages, papers and even groceries might be (and in some areas, are currently) delivered by drones. Farmers already use drones to survey their crops, spray fertilizer and pesticides, and efficiently allocate other scarce resources. Beyond such private uses, it is also easy to see how drones will contribute to the public good – whether scanning for forest fires or tracking poachers in Africa, there is tremendous untapped potential for drones to protect lives and property. In order for these potential benefits to materialize, however, innovators and entrepreneurs need space. Unfortunately, when it comes to drones (and so many other new technologies), regulators seem reluctant to provide the needed leeway."
Trenton, NJ - Furthering its commitment to bolster innovation in the Garden State, the New Jersey Economic Development Authority (EDA) Board approves technology-based pharmacy solutions service provider CareKinesis for tax credits of up to $9.69 million over ten years through the Grow New Jersey Assistance Program, the state’s main job creation and retention incentive program.
Lakewood, NJ - According to Michael Diamond, "Faced with a shortage of workers with science and math skills, New Jersey should embrace policies that make it easier for women and immigrants to thrive in the workplace, the leader of the state's technology trade group said Friday."
Camden, NJ - Matt Flowers of the CourierPost, "Girl Develop It is a nonprofit organization that provides affordable and accessible programs to women who want to learn web and software development through mentorship and hands-on instruction. The nonprofit organization has chapters in many cities throughout Pennsylvania, including Bucks County, Lehigh Valley and Philadelphia. With Pamela Bey leading the way, Girl Develop It now has a chapter in South Jersey."
Trenton, NJ - Exelis and L-3 Platform Integration are partnering to provide cutting-edge electronic self-protection capabilities for the U.S. Air Force Special Operations Command’s (AFSOC) AC/MC-130J Commando II aircraft. The team’s combined experience in electronic warfare (EW) and platform integration will allow rapid development of a highly advanced yet low-risk solution to protect Air Force special operations aviators from the evolving radio frequency threats they face in their global missions.
Washington D.C. - According to a new report by the National Science Board (NSB), in 2010, 16.5 million individuals indicated that their job required at least a bachelor's degree level in a STEM field. The 2014 report titled, Revisiting the STEM Workforce explains there are many positions that require STEM that have traditional thought of as STEM jobs such as sales, marketing, and management. The NSB is the policymaking body for the National Science Foundation and has made several recommendations to strengthen the U.S. stem workforce.
Trenton, NJ - CBRE, one of the is the world's largest commercial real estate services firm, has put Edison and Newark on the Top 50 U.S. markets for their ability to attract and grow tech talent. The report places Edison at No. 16, making it the second-highest-ranked small market, defined as having a tech labor pool of less than 50,000. Newark is ranked No. 27 overall and sixth in small markets. CBRE found Edison has 48,810 such employees — a tech talent concentration that is nearly 50 percent greater than the U.S. average — while Newark has nearly 33,000.
Trenton, NJ – We know what businesses are looking for capital investments when they go to a venture capital firm, but what are venture capitalists looking for from them? What qualities will help them decide to invest in a business? Richard Harroch wrote an article titled, “12 Venture Capitalists Share How Startups Get Their Attention,” summarizing what twelve venture capitalists have to say about lesson learned, investing in companies like Skype, Uber and Tesla Motors.
Robbinsville, NJ – According to Eric Strauss of NJBiz, “Amazon is hiring in Robbinsville again, looking for another 800 full-time workers at its 1 million-square-foot fulfillment center in the Mercer County township. The online retailer said Thursday that it is looking for employees who would pick, pack and ship customer orders from the center. Last month, it announced it was hiring 800 full-time workers, and Thursday it said it has filled those jobs and is looking for more employees in order to meet customer demand.”
Newark, NJ – According to Emily Bader of NJBiz, Panasonic announced it will be partnering with BizTech Solutions Inc., a work process automation solutions provider, to provide affordable scanning solutions for paper-based manual processes. “Panasonic said in a news release that by using its document scanners along with BizTech’s software, customers can easily capture, index and import paper files into a number of electronic content management systems, including SharePoint and BizTech’s INDICIUM Document Management System.”
Lexington, KY - This week, the National Association of State Chief Information Officers (NASCIO) released State IT Workforce: Facing Reality with Innovation, surveying the current landscape of the state Information Technology workforce and details innovative techniques state IT agencies are using to recruit and retain both entry level and highly skilled personnel. The study found that over 90 percent of government respondents said a state’s salary rates and pay grade structures present a challenge in attracting and retaining IT talent. “What intensifies the severity of this response is that, in the 2011 NASCIO workforce report, 78.6 percent answered yes [to the same question],” said Meredith Ward, senior policy analyst at NASCIO and author of the report.
The association previously released reports on IT workforce in 2007 and 2011. But in 2015, "human resources/talent management" made NASCIO’s “Top Ten” list of CIO priorities again for the first time in several years, causing the organization to re-examine the issue. “We know that states face recruiting difficulties because of several issues and a big one can be public perception of state public service,” said Ward. In fact, 86 percent of states are having difficulty recruiting new employees to fill vacant IT positions, according to the report, and 46 percent of states report that it is taking three to five months to fill senior level IT positions. But states that innovate have a better chance of getting and keeping the IT talent they need, the report states. “Consolidation and restructuring the IT organization has created tremendous opportunities to retain top talent,” according to the report. “States have and will continue to be creative,” said Ward “One CIO described putting an emphasis on training, professional development and the career ladder, whether or not that career is with their department. They encourage professional development and have found many are seeking to grow and stay, not leave.” For the full report: http://www.nascio.org/workforce/ |
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