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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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Darryl Sampey co-founded BioFactura in 2004 and has guided the venture over the past 15 years from start-up through incubator stages to become a significant biopharmaceutical product development and clinical manufacturing company. As President and CEO, Dr. Sampey manages all strategic and scientific endeavors of the Company. Before BioFactura, he led both process development and manufacturing teams at Human Genome Sciences, Inc. (HGS) honing his skills in developing and scaling up new biologics processes and control strategies. During his tenure with HGS, Dr. Sampey played key roles in the start-up, commissioning, and validation of the company’s first cGMP manufacturing facility and associated development laboratories. Prior to his work at HGS, Dr. Sampey gained industrial experience in the commercial research laboratory designing and optimizing fermentation and product recovery processes for novel vaccines at North American Vaccine, Inc. His work in vaccine research has since progressed to internationally-approved vaccines for whooping cough in infants and meningitis in adults. Darryl Sampey began his career in biotechnology at the University of Maryland graduating first in his class with a Bachelor of Science in Chemical Engineering, Magna Cum Laude, and, subsequently earned a Ph.D. in Bioengineering.

 

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Sarah Austin

Starting an online business requires some planning. An entrepreneur needs to gauge demand, understand how SEO and digital ads work and know how to acquire customers cost-efficiently. If the formula works, the business can scale rapidly. As stated in the “Enabling Digital Entrepreneurs” report by World Bank Group, “many digital entrepreneurs are ‘born global’ and have the ability to grow and scale across borders very quickly.” 

 

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For all the persistent rhetoric from California’s leaders about this state being on the cutting edge of social and racial justice, the reality on the ground is far grimmer.

Our new report on the state of California’s middle class shows a lurch toward a society in which power and money are increasingly concentrated and where upward mobility is constrained, amid shocking levels of poverty. Most of this data doesn’t even account for the recent effect of the coronavirus outbreak, which has pushed the state’s unemployment rate to 15.5%, higher than the nationwide rate of 14.7%.

 

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Gov. Andy Beshear announced the creation of Kentucky Commercialization Ventures (KCV), a new public-private partnership unique in the U.S. that aims to develop academic innovations into job-creating tech companies.

“We all want to grow Kentucky’s tech sector and create the high-paying, knowledge-based jobs that follow. A big part of doing so is turning Kentucky’s own academic research and development capabilities into commercially viable products and startups,” the Governor said.

 

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CDC COVID Data Tracker

Director of the Center for Health Security and Johns Hopkins University Dr. Tom Inglesby told "Fox News Sunday" host Chris Wallace that the U.S. is seeing a "really serious" surge in coronavirus cases that has caused an increase in the country's death toll.

"The country is not in a good place with respect to COVID right now," Inglesby said. "Of course there are places in the country where there are states doing well, but as you said across the South and in California and in a variety of other states we're having sharp increases in cases, sharp increases in hospitalizations and ventilator use, and now increases in deaths."

Image: https://www.cdc.gov/covid-data-tracker/#cases

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This illustration, created at the Centers for Disease Control and Prevention (CDC), reveals ultrastructural morphology exhibited by coronaviruses. A novel coronavirus, named Severe Acute Respiratory Syndrome coronavirus 2 (SARS-CoV-2), was identified as the cause of an outbreak of respiratory illness first detected in Wuhan, China in 2019. The illness caused by this virus has been named coronavirus disease 2019 (COVID-19). (CDC/Alissa Eckert, MS)

This was the week airborne transmission became a big deal in the public discussion about covid-19. Over 200 scientists from around the world cosigned a letter to the World Health Organization urging it to take seriously the growing evidence that the coronavirus can be transmitted through the air. WHO stopped short of redefining SARS-CoV-2 (the virus that causes covid-19) as airborne but did acknowledge that more research is “urgently needed to investigate such instances and assess their significance for transmission of COVID-19.”

 

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Ashmeet Sidana, a longtime VC who struck out on his own in 2015 to form Engineering Capital, just closed his third and newest fund with $60 million in capital commitments from a university endowment, a fund of funds and three foundations.

Sidana — who previously spent nearly nine years with Foundation Capital and received one of his first limited partner agreements afterward from Foundation’s legendary founder, Kathryn Gould — says the fund came together despite the pandemic, and without too much pain.

 

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Despite all the beautiful memes on Instagram, NOT everyone is meant to be an entrepreneur. Here’s the thing too many guys won’t acknowledge–that’s okay.

Entrepreneurship can lead to a life of freedom, make an impact in the lives of the people a business serves and create financial security. Or, it can be a nightmare if someone isn’t cut out for entrepreneurship. It’s not a one-size-fits-all choice for all men.

 

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As a startup advisor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. The most common proposals I hear are for yet another social networking site (200 on Wikipedia), or another dating site/app (over 1500 in the USA). Startups which display real innovation, such as alternative energy sources and new medical treatments, are still rare.

Image: https://blog.startupprofessionals.com

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Calendar Date Time Free photo on Pixabay

If you're buying a home, one thing you should know is that not all mortgages are created equal. Different mortgage lenders offer different rates. The length of your repayment period will also affect your mortgage rate. This is why you may be torn between a 15-year mortgage and a 30-year mortgage. Each offers its own benefits and drawbacks, so let's explore.

 

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Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” Those who respond with one of the wrong answers, such as “I want to pay myself a salary,” usually go home empty-handed.

Image: https://blog.startupprofessionals.com

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Without planned trips, taking time off might not be on workers’ minds. Monster datavacation in May found half of employees working remotely were burned out, but more than half didn’t have plans to take vacation time. 

Experts say even if you don’t have anywhere to go, taking a day off benefits mental health. Still, it can be hard for some employees to check out from work with no office to leave things at and 24/7 connectedness from home.

 

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