Trenton, NJ – Proposed legislation that will allow greater patient access to more affordable FDA-approved biologic medicines was passed unanimously by the New Jersey Assembly Health and Human Services Committee today. The bill, A2477, also includes provisions for physician notification when a biosimilar bill is substituted for a biologic drug.
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Trenton, NJ - The New Jersey Economic Development Authority (EDA) announced today that applications for the state’s Technology Business Tax Certificate Transfer (NOL) Program are now available athttp://www.njeda.com/nol.
Washington D.C. - The Council of State Governments (CSG) and Elsevier released recently “America’s Knowledge Economy: A State-by-State Review,” highlighting New Jersey’s total output from corporate researchers was the highest among all states in the country (33,504 publications). Evaluating New Jersey from 2004 to 2013, 20.8% of its research came from the private sector, more than twice the rate of the entire country.
Trenton, NJ – In a press conference this week, the New Jersey Senate Republican leadership released a 36 bill package to improve the state of innovation, the strengthen the workforce and grow the economy. The bills seek to usher in growth through policies pertaining to science and technology, STEM education, improving the state’s existing economic development practices, regulation reductions as well as agriculture enhancements without adding additional costs to the budget.
West Lafayette, IN – Last week, Scott Hutcheson of Purdue University wrote in an article in the Lebanon Reporter titled “Keeping your eyes on New Jersey.” He calls attention to “a subtle but fundamental shift is occurring [in New Jersey].” Specifically, Mr. Hutcheson highlights the entrepreneurial spirit of NJIT, its Innovation Institute and the Newark metropolitan area.
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/ Trenton, NJ – Last week, Rochelle Hendricks, the Secretary of Higher Education for New Jersey wrote great piece on New Jersey’s ongoing work to improve STEM education in the state and meet the demands of industry.
Trenton, NJ – The New Jersey Office of the Secretary of Higher Education issues their 6th newsletter update last week offering a many updates on New Jersey public colleges and universities. For the details: http://myemail.constantcontact.com/Special-Announcement----NJ-Secretary-of-Higher-Education-.html?soid=1117055860214&aid=ZoHTxD9Bxmk
Trenton, NJ - They are called the “exhaustees.” They are men and women of every ilk, some with exceptional skills and talents. They have been desperately seeking work for a long time. They have exhausted their unemployment benefits, and they are – quite literally – exhausted and demoralized from their endless search for a good job.
Trenton, NJ - According to NJEDA website, "Continuing the state’s commitment to support technology companies at every stage of growth, the Board of the New Jersey Economic Development Authority (EDA) today took action on several projects under the Grow New Jersey Assistance program. Strengthened through the Economic Opportunity Act, Grow NJ offers enhanced benefits to companies in targeted industries, including technology, life sciences, energy and health."
Trenton, NJ - Manufacturing is alive and well in America and it lives in New Jersey. In the 21st century, advances in technology have liberated the best of the manufacturing industry. The death of manufacturing is only a myth as New Jersey manufacturers continues to compete and expand in the global marketplace.
Newark, NJ – The New Jersey Technology & Entrepreneurship Talent Network will be celebrating their 2nd Annual Industry Week starting with a kickoff event at the New Jersey Institute of Technology on April 13th.
Trenton, NJ – New Jersey’s first-ever Makers Day celebration was a great success this past weekend as thousands of students, inventors, designers, engineers and entrepreneurs from Cape May to Sussex County participated in events highlighting the maker culture in the Garden State. The Christie Administration’s ManufactureNJ Talent Network helped to kick off the statewide coordinated effort at New Jersey Institute of Technology in Newark.
Trenton, NJ - Then Acting-Governor Kim Guadagno recently addressed the New Jersey Tech Council’s Chief Information Officer (CIO) Conference in Livingston as she continued her recognition of New Jersey’s inaugural STEM Week. In the past 10 years, growth in STEM jobs has been three times greater than in non-STEM jobs, with 80 percent of the fastest-growing occupations in the United States dependent upon STEM knowledge and skills.
Trenton, NJ – Crowdfunding is the financing of a business venture using the Internet to raise small amounts of money from a large number of investors. A- 2073/S-712, which recently passed the Assembly, would allow businesses to invite small investors to offer capital through a pledge.
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