Investments Injected into Innovation Economy Through New Jersey Entrepreneur Support Program Top $2 Million
Trenton, NJ – The New Jersey Economic Development Authority (NJEDA) today announced it has supported 35 investments totaling more than $2 million into 11 innovation-focused companies through the New Jersey Entrepreneur Support Program since April. The program is designed to support COVID-19-impacted small businesses in the Garden State’s innovation ecosystem.
Columbus, OH - According to Connor LaVelle, "While business investments towards research and development have varied among states, the overall trend throughout the country has been a positive one. Business R&D funding has weathered two recessions over the past 20 years, with many states seeing investments grow beyond their pre-recession levels. While the scope of COVID-19’s economic impact continues to grow, business R&D investment has shown a strong history of recovering from, and building beyond, national financial downturns."
New Brunswick, NJ — Rutgers’ Eagleton Institute of Politics announced that seven scientists have been selected for the 2020-2021 cohort of Eagleton Science and Politics Fellows. Over the next year, the Eagleton Science Fellows will serve as full-time science advisors in New Jersey state government and will assist in the development and implementation of state policy for issues ranging from COVID-19 response, clean energy, education, mental health, and others.
Trenton, NJ - AT&T-New Jersey President Charlene Brown, a public relations and government affairs executive, has been named the 2020 recipient of the New Jersey Business & Industry Association’s Caren Franzini Leadership Award. Brown’s trailblazing career has made her a role model for a new generation of leaders. Brown will be honored during NJBIA’s 6th Annual Women Business Leaders Forum: “Ready to Launch” — New Jersey’s largest professional women’s conference.
New Brunswick, NJ - Crop yields for apples, cherries and blueberries across the United States are being reduced by a lack of pollinators, according to Rutgers-led research, the most comprehensive study of its kind to date. Most of the world’s crops depend on honeybees and wild bees for pollination, so declines in both managed and wild bee populations raise concerns about food security, notes the study in the journal Proceedings of the Royal Society B: Biological Sciences.
The migration of high school graduates to attend college outside of New Jersey has been a topic of interest for policymakers and the media as shown in articles from the New York Times and Philadelphia Inquirer. Migration has been well documented, but is this an issue that policy makers should be concerned about?
Newark, NJ - In the face of one of our country’s greatest public health challenges in over a century, all sectors of America’s economy and strata of society are being called upon to act. Now Women Who Tech, the organization focusing on the lack of funding for women-led tech startups, has opened applications for a new grant program to help solve the problems emanating from the pandemic. This new grant program will build upon their success of providing over $2M+ funds and services to underrepresented women-led tech startups since 2015.
Newark, NJ – A team of researchers from New Jersey Institute of Technology (NJIT) and Children’s Hospital of Philadelphia (CHOP) have developed an algorithm through machine learning that helps predict sites of DNA methylation – a process that can change the activity of DNA without changing its overall structure – and could identify disease-causing mechanisms that would otherwise be missed by conventional screening methods.
New Brunswick, NJ - Rutgers Optimizes Innovation - HealthAdvance™, a commercialization funding program supported by NIH, to identify and engage life sciences professionals with industry experience in commercialization of early stage biomedical technologies.
Ensuring Scientific Justice by Building Bridges to Minority Communities is Centerpiece of BIOEquality Agenda
Washington, DC – August 06, 2020 – The Biotechnology Innovation Organization (BIO) today announced BIOEquality Agenda which aims to attack the systemic inequality, injustice and unfair treatment of women and communities of color through the positive force of biotechnology. Recognizing that gains from transformative science are not always shared equally, BIO is challenging the industry, and its partners, to find solutions for inequitable healthcare delivery, disparate economic development and nutritional and environmental disparities in the US and around the globe.
Washington DC - According to Axios, "The technology sector increasingly underpins the U.S. economy, with signs of its growth becoming more woven into local economies far outside iconic innovation hubs like Silicon Valley and New York. Why it matters: A new district-by-district report out today from the Information Technology Industry Council makes the case that an economy infused with high-tech workers, startups and exports is a more resilient one, with higher wages and productivity."
Columbus, OH - According to Ellen Marrison, "In an hours-long virtual workshop that could have covered days, the presidents of the National Academies of Sciences, Engineering, and Medicine and leaders from government, academia, and publishing explored key questions the research enterprise must address to build a more effective and resilient 21st century research university. Facing challenges that may have long been present but have been exacerbated and accelerated by the COVID-19 crisis, the leaders began exploring questions that could help research universities rebound to a better place than the pre-pandemic status quo."
Columbus, OH - According to SSTI, "At a time when higher education is facing some of its greatest challenges, its value both for individuals and for states is reinforced through the findings of a recent working paper from the National Bureau of Economic Research. In “The Economic Impact of Access to Public Four-Year Colleges,” Jonathan Smith et al. show through an examination of the University System of Georgia that access to public higher education leads to “substantial economic benefits for the marginal student,” and that the state roughly breaks even on its initial investment after 10 years. Although other studies have provided descriptive evidence that identify colleges as catalysts for economic mobility, the authors looked for causal evidence of the linkage and employ a novel approach through credit bureau data."
Dallas, TX - A new report released by the George W. Bush Institute has measured the impact that innovation research at U.S. universities and research institutions has had on the country’s economic development. The report, The Innovation Impact of U.S. Universities: Rankings and Policy Conclusions, examines and ranks institutions on four primary impact categories: commercialization, entrepreneurship, research, and teaching.
Columbus, OH - According to Colin Edwards of SSTI, "As discussion of innovation ecosystems remains near the front of science, technology, and innovation policy discussions — and resources are spent providing environments for creative exchange between researchers, industry, government, and entrepreneurs — substantive and empirical research is still lagging. However, a recent study sheds new light on the mechanisms and types of interactions that may contribute to the desired outcomes of promoting innovation ecosystems. Specifically, the study evaluates the effectiveness of combining two long-running, potentially complementary programs in encouraging increased engagement among ecosystem groups and individuals."
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