Sullivan, Lozano Eager to Help N.J. Grow its Prominence in the Innovation Industry
According to ROI, “Tim Sullivan and Jose Lozano traveled to Boston this week for their first BIO International Convention. And if the new heads of the state’s Economic Development Authority and Choose New Jersey, respectively, didn’t fully understand the extent to which the host state is looking to raid New Jersey, they certainly do now. ‘We knew that Massachusetts is one of our direct competitors, but it was interesting to hear it from the opposite side,’ Lozano said. Lozano said the competition between New Jersey and Massachusetts was a common thread seen throughout the day at an annual event that draws 16,000 attendees from nearly every state in the U.S., plus 73 other countries.”
According to ROI-NJ editorial board, “Few issues in the New Jersey business community generate more luncheon speeches, more position papers and more hand-wringing than the need to reverse the outmigration of millennials from the state. Keeping young people, particularly STEM graduates, in New Jersey is seen by virtually everyone as the key to growing the economy – or, rather, growing a new economy based on innovation and technology. Having more highly educated millennials in the talent pool is critical to attracting growing technology companies to New Jersey. And having more young people with good jobs living in our state is key to revitalizing and re-energizing our communities.”
State Launches “Research with NJ” Portal to Drive Industry-Academic Collaboration
A comprehensive database of scientific research from five prominent New Jersey universities was unveiled at BIO International in Boston, the world’s largest gathering of the biotechnology industry. University leaders joined officials from New Jersey’s Office of the Secretary of Higher Education (OSHE) and New Jersey Economic Development Authority (EDA) to announce the newly created “Research with NJ” database, which will provide access to the state’s cutting-edge research assets, to strengthen collaboration between academia and industry.
Growing South Jersey Technology Park Spurs Business Development
For tenants of the South Jersey Technology Park (SJTP) at Rowan University, it’s going to be a little tough to find a spot to grab a sandwich away from the office these days. The breakroom on the second floor of the expansive facility on Route 322 in Mantua Township soon will be home to an entrepreneur who is developing some hush-hush next-gen technology. “We’re just about completely out of space,” said Jeanne Nevelos, newly appointed executive director of the SJTP and managing director of Rowan Innovations, housed at the 45,000-square-foot facility.
Murphy Advances Plans for New Jersey Apprenticeship Network
Advancing further steps to spur growth and prepare New Jersey’s workforce for the 21st century economy, Gov. Phil Murphy announced his vision for the New Jersey Apprenticeship Network (NJAN), a proposal included in his Fiscal Year 2019 budget. The governor made the announcement during remarks at The Apprenticeship Forward Collaborative’s conference at the John J. Heldrich Center for Workforce Development at Rutgers University. “As United States Ambassador to Germany, I saw first-hand one of the world’s best models for technical education and training, a model which included apprenticeships, and how it was the backbone of a sustainable economy and strong, vibrant middle class,” said Governor Murphy.
The ‘State’ of New Jersey’s Innovative Industries
According to the NJ Business magazine, “New Jersey has a rich history of being an innovation leader in spheres such as life sciences, healthcare and the various STEM fields. The state is ripe with businesses that bleed innovation, large and small. A lot of what these businesses are able to do, however, would not be possible without the outstanding leadership and advocacy of their respective industries’ agencies and trade associations.”
Biology Professor Awarded $1.3 Million NIH Research Advancement Grant
With the help of a nearly $1.3 million research advancement award from the National Institutes of Health, Biology Professor Carlos Molina will be able to further develop his career as a cancer researcher and enhance his research productivity in order to eventually transition to NIH Research Project Grant support. He will receive $324,488 for the first year of a four-year Support of Competitive Research (SCORE) award for his project “Post-translational Regulation of Inducible cAMP Early Repressor and its Implications in Cancer.” “This funding will allow me to dedicate four years to collecting, analyzing and reporting data for this project,” Molina says.
BIO Convention Report Says US Biosciences Strong, Releases NJ Stats
A study released at the 2018 BIO International Convention shows that the U.S. bioscience industry has reached $2 trillion in annual economic impact while maintaining accelerated venture capital investment and job growth numbers. Among U.S. technology sectors, the bioscience industry has held a leading position as an economic driver and job generator. “This report highlights the enormous economic impact delivered by our industry,” said Jim Greenwood, president and CEO of the Biotechnology Innovation Organization. “This strong performance is due to the vital and wide-ranging collaborations between industry partners, universities, and policymakers that provides a business climate that supports the development of innovative bioscience products and high paying jobs,”
The Internet of Things – Transforming Your Business
When: Friday, June 15, 8:30 a.m. – 1:30 p.m.
Where: Newark Liberty International Airport Marriott, Newark Liberty International Airport, 1 Hotel Road, Newark
Clinical Trials Supply Chain in Transition
When: Tuesday, June 19, 8 a.m. – 1 p.m.
Where: Central King Bldg., Agile Strategy Lab, 154 Summit St., Newark
Making Vibrant Connections – Higher Education and the Business Community
When: Wednesday, June 20, 8 a.m. – 11:30 a.m.
Where: Duke Farms – Coach Barn 80 Route 206 South (East Gate) Hillsborough
2018 Annual Life Sciences Industry Summit
When: Thursday, June 21, 9 a.m. – 3 p.m.
Where: Ukrainian Cultural Center – 135 Davidson Ave., Somerset
Engagement: The Key to Retention in Transformational Times
When: Friday, June 22, 9 a.m. – 4 p.m.
Where: Kean University, 1000 Morris Ave., Union
3rd Annual Precision Medicine Leaders SummitWhen: June 26 – 28Where: Hyatt Regency Jersey City on the Hudson, 2 Exchange Place, Jersey City