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innovation DAILY

Here we highlight selected innovation related articles from around the world on a daily basis.  These articles related to innovation and funding for innovative companies, and best practices for innovation based economic development.

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Organizers of Saturday’s March for Science hailed the global event as a success — but they didn’t stop to celebrate for long.

Here in the nation’s capital, the site of the weekend’s main march, organizers met on Sunday with partnering organizations at the Carnegie Institution for Science to discuss their next steps for the effort. The meeting was closed to the public, but attendees said that participants were resolved to keep the momentum up. And though an exact plan hasn’t been formulated, there’s no shortage of ideas for what form the movement could take.

Image: Julia Schmalz for The Chronicle - Thousands of scientists and their supporters gathered for rallies on Saturday in Washington and other cities around the globe. Organizers of those events now are seeking to capitalize on the enthusiasm of participants, and have no shortage of ideas for the future of science advocacy. 

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The University of Louisville has started a new crowdfunding platform to help support the endeavors of faculty and staff.

The program — called Elevate — launched today, and you can get more information by clicking here.

The platform features noteworthy university initiatives and enables the community to engage with and support projects that are meaningful to them, according to a news release. Elevate also gives students, faculty and staff an opportunity to share their stories and impact their respective areas.

Image: http://www.bizjournals.com/ 

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Local business leaders, elected officials, scientists and scholars attended the 2017 BioHealth Capital Region Forum at the campus of MedImmune in Gaithersburg on April 19 and 20th. The forum focuses on the biotechnology cluster in Maryland, Virginia, and Washington, D.C., which is working collaboratively to become a top three biotech hub in the United States by 2023.

John Trainer, vice president for partnering and strategy at MedImmune, said attendance at the annual conference has doubled.

Image: http://www.mymcmedia.org 

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JONATHAN LONG

I am constantly speaking with entrepreneurs, and they all seem to share the same obstacle: securing funding. Sometimes, bootstrapping isn’t a viable option and traditional lenders won’t approve a business loan, resulting in the need for venture capital (VC) money.

Reality check: Less than one percent of U.S. companies have raised capital from VCs. VC money is essentially unicorn money. 

 

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This month, employees at Apple began moving into the company's gargantuan new headquarters in Cupertino, Calif. Nicknamed the "spaceship," the ring-shaped building cost an estimated $5 billion, the most expensive office building in history. And with 2.8 million square feet of office space and 11,000 parking spaces, it's one of the biggest.

But to many people, the Apple spaceship -- like similar Silicon Valley headquarters for Facebook and Google -- typifies the biggest challenges of the new tech economy in the San Francisco Bay Area: Massive, isolated corporate campuses plopped down in the 'burbs, which drive up housing costs and force many workers to endure hours-long commutes.

Image: A rendering of the Apple "spaceship." (FlickrCC/Forgemind ArchiMedia) 

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rugby team

Fall 1996. A young Chris Fralic is selling software for Oracle. He’s not sure what he wants to do next, but he’s always been curious about venture capital. And then some unusual magic happens — a friend offers to introduce him to Kevin Compton, a vaunted name in VC. To his surprise, they talk on the phone for over an hour, and Fralic not only walks away with a comprehensive download on the industry, but a thesis on networking he’s adhered to ever since: The best way to be highly influential is to be human to everyone you meet.

 

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achievements

ANN ARBOR, Mich.--(BUSINESS WIRE)--

At its annual meeting, Ann Arbor SPARK honored leading regional businesses and released its annual report as well as an economic benchmarking report. The annual meeting also featured a keynote address by author and thought leader Richard Florida as well as presentation of Ann Arbor SPARK’s annual FastTrack awards.

“Our annual meeting has become a signature networking event and celebration of our ever evolving and growing economy,” said Paul Krutko, president and CEO of Ann Arbor SPARK. “Ann Arbor rightfully attracts global attention:

 

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Benari

Jeff Bezos runs Amazon in Day 1. He works in a building named Day 1. And he works with a Day 1 mindset.

For Bezos every day is Day 1. And he obsessively acts to ensure that Amazon and all of its employees are right there with him in Day 1.

Day 1 companies are entrepreneurial companies no matter how big they get. They’re always looking up. Everything they do is aimed at continually working to realize their full potential. Full potential which they can never reach because as they aim higher and higher and achieve goal after goal their potential increases even faster than they grow.

 

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canada

Corporate innovation is often talked about, but when it comes to pushing innovation alongside the entrepreneur and startup communities, Canadian firms are decidedly lacking, according to the Business Development Bank of Canada (BDC).

While Canada has all the elements to be an innovation nation, including high-quality research and an active national network of incubators, accelerators and startups, corporate R&D spending in Canada is less than half the average rate of other OECD countries, says Michael Denham, BDC president and CEO.

 

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quebec

MONTRÉAL, April 24, 2017 /CNW Telbec/ - What if researchers, physicians, engineers, patients, students, equipment vendors, and public health system stakeholders all worked together to devise the medical technologies of tomorrow? That is the founding vision behind the TransMedTech Institute, created by Polytechnique Montréal, Université de Montréal, Centre hospitalier universitaire Sainte-Justine, Centre hospitalier de l'Université de Montréal, the Jewish General Hospital of Montreal, and several academic, government, socio-economic and industrial partners, and inaugurated today at CHU Sainte-Justine.

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capitol dome

The first 100 days are usually the honeymoon period for any new CEO to make their mark and get others on board. However, for Airbus CEO Christian Streiff, it was just a brief window before his abrupt departure from the European aircraft company that’s part of the EADS consortium, along with DiamlerChrysler and Aerospatiale-Matra.

Streiff’s drive to speed up decision-making, overcome bureaucracy, and deliver rapid execution, exposed historic and deep divisions between executives at the consortium. There were reports of internecine feuding at Airbus:

 

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