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Panelists at the Venture Funding in the New Jersey Economy event called for the creation of new centers of innovation, technology and venture capitalism if New Jersey wants to compete with other states. Read more.

Innovation Economy panel: More Hubs, More Funding Equal More Success

New Brunswick, NJ – New Jersey needs centers of innovation, technology and venture capitalism to compete with other states, panelists at the Venture Funding in the New Jersey Economy event said Wednesday at the Heldrich Hotel in New Brunswick. The event was sponsored by the New Brunswick Development Corp., better known as Devco, which currently is developing The Hub in New Brunswick to serve as such a space.

NJBIA: Angel Investor Bill Could Spur Capital to NJ Startups

Trenton, NJ – Startups and emerging technology businesses would likely see increased investments under legislation to boost the Angel Investor Tax Credit program that was released June 17 by the Senate Economic Growth, Senate Budget & Appropriations and Assembly Budget committees. S-2298 (Corrado, Singleton)/A-5604 (Freiman, Pinkin, Milam) would increase the credit from 10% to 20% of qualified investment in New Jersey emerging technology companies with fewer than 225 employees, 75% of which must be located in the state.

National Innovation Policies: What Countries Do Best and How They Can Improve

Washington DC – The Global Trade and Innovation Policy Alliance (GTIPA) is a global network of 34 independent, like-minded think tanks from 25 nations throughout the world that believe trade, globalization, and innovation-conducted on market-led, rules-based terms-maximize welfare for the world’s citizens. The Alliance exists to collectively amplify each member’s voice and enhance their impact on trade, globalization, and innovation policy issues while bringing new scholarship into the world on these subjects.

New Jersey Innovation Institute Selected Network of Quality Improvement and Innovation Contractors

Newark, NJ – The Centers for Medicare & Medicaid Services have selected New Jersey Innovation Institute (NJII), an NJIT corporation, as a Prime Awardee of the Network of Quality Improvement and Innovation Contractors, (NQIIC). This designation will allow NQIICs to bid on Task Orders over the next five years. As a Prime NQIIC awardee partnering with other Quality Improvement Contractors under the new CMS Indefinite Delivery/Indefinite Quantity contract mechanism to support quality improvement efforts, each NQIIC may serve as quality improvement experts, facilitators/change agents for healthcare transformation by achieving bold aims at a high value.

Taking Stock of Rutgers’ Innovation, Growth

New Brunswick, NJ – The launch of New Jersey’s largest academic health system, increased access and opportunities for students and the rise of new state-of-the-art learning and research spaces are among major accomplishments at Rutgers University, President Robert Barchi said yesterday as he delivered a five-year report on the University Strategic Plan to the Rutgers Board of Governors. Looking back since his arrival at Rutgers in 2012, Barchi shared some of the most significant advance at the university.

Rowan Biomedical Engineering Part of International Vision Research Project

The Henry M. Rowan College of Engineering at Rowan University is part of an international team working to preserve the vision of patients with some of the leading causes of blindness. Dr. Mark Byrne, professor in the Department of Biomedical Engineering, is an advisor and collaborator in the ORBITAL (Ocular Research By Integrated Training and Learning) European Training Network program. ORBITAL, funded with €4m (about $4.5 million U.S.) by the European Union, will work to develop improved, less-invasive treatments of diseases of the back of the eye, such as age-related macular degeneration (AMD) and diabetic eye disease.

Two top N.J. leaders speak at InnovationNJ meeting June 14 at Rutgers

New Brunswick, NJ – Robert Asaro-Angelo, commissioner of the N.J. Department of Labor and Workforce Development, and Assemblyman Andrew Zwicker, chair of the N.J. Assembly Committee on Science, Innovation and Technology, both spoke at the Innovation New Jersey meeting June 14 in New Brunswick. The meeting, which was hosted by Rutgers’ Institute for Food, Health and Nutrition, in its spectacular and still new building on the university’s Cook Campus.

NIH Releases Updated SBIR/STTR Success Rate Data

Washington, DC – Are you looking to increase the success rate of your state’s SBIR/STTR proposals? If so, a reminder that applications for the Small Business Administration’s Federal and State Technology (FAST) Partnership Program are due next Friday, June 28, at 4 p.m. EDT. This program provides one-year funding to organizations executing programs related to SBIR/STTR outreach, technical assistance, or financial support. As a way to help inform these proposals, SSTI has updated the data from a January Useful Stats article on NIH SBIR/STTR success rates to include the most recent year available, FY 2018.”

Upcoming Events

New York Venture Summit

When: Jul 9 – 10, 2019

Where: Convene, 117 W 46th St, New York

 

The State of Robotics Innovation in America: A Key Driver of Productivity and Competitiveness

When: Tue, July 16, 10am – 12pm

Where: Rayburn House Office Building, 45 Independence Ave SW, Washington, DC

 

BioNJ BioCruise with NYBio

When: Thu, July 18, 4:30pm – 9:00pm

Where: New York Harbor World Yacht at Pier 81, Manhattan, New York