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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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Running a startup just got easier. That is if you can make it into a good startup accelerator. There you may be able to access resources and experts that can make the growth process easier. Be sure to understand the difference between an accelerator and an incubator and why investors prefer the accelerator model. There’s no shortage of great startup accelerators out there with all kinds of different niches and focus areas. To find the startup accelerator that’s right for your business or idea, take a look at the list below.

Image: http://smallbiztrends.com

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Instructor: Bill Reichert, Managing Director, Garage Technology Ventures, venture capital investor, serial entrepreneur, author, and creator of The Art of Startup Finance.  

This workshop walks entrepreneurs through the nine elements of the business model, starting with the Value Proposition.  Entrepreneurs will be asked to articulate their current hypotheses for each element, and then connect the elements in their “Business Model Formula,” the financial model that converts their words into economics. 

During the workshop, participants will learn:

  • The nine key elements of the Business Model Matrix
  • The limitations of the "Business Model Canvas”
  • Why most business models are doomed to failure
  • How to test, iterate, and validate the business model elements
  • How to convert the business model into a financial model
  • Questions investors will ask about the business model

 

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Safe Vault Steel Door Banking General Safe

From the earliest days of the Republic, banking and finance has largely been the purview of what one historian calls the “Yankee Empire.” Based largely in New York and Boston, later on financial centers grew along the main route of Yankee migration to Chicago and San Francisco.

Yet, if you look at where financial jobs are now headed, perhaps it’s time, as the Dallas Morning News cheekily suggested recently, to substitute Y’all Street for Wall Street. Finance, increasingly conducted electronically, is no longer tethered to its traditional centers. Large global financial companies like UBS, Deutsche Bank , Morgan Stanley and Goldman Sachs are all committed to relocating operations to less expensive locations.

 

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digital

Not for successful companies, who tailor the digital experience to provide easy authentication while still valuing customer security. Here’s how they do it.

Imagine this common scenario. Two customers log onto your site at the same time. The first one struggles to remember his log-in and password, goes through a password-reset process, and winds up feeling frustrated at what seems like a clunky process. He thinks “Why can’t this site just remember my password for me?”

 

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Former mining boss Charlie Bass and surgeon Peter Santa Maria are among the growing number of people in Western Australia looking to make innovation a commercial reality.

Charlie Bass has made a fortune out of the mining industry, but like many Western Australians he is frustrated by the state’s lack of economic diversity.

“It bothers me that we are just so dependent on resources,” Mr Bass told Business News.

Image:  BUILDING BLOCKS: Charlie Bass with Carolyn Williams at the newly opened CERI Building in Nedlands.  Photo: Attila Czaszar

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As Britain grapples with its decision to leave the EU, one issue has received little attention: the reliance of entrepreneurs on a group of EU officials in Luxembourg.

The European Investment Fund is a relatively small institution, with only 400 staff, but its financial firepower has packed a big punch for UK start-ups and the venture capital industry that supports them.

Image: http://www.ft.com

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tools

In today’s highly competitive business environment, we all need to be in constant learning mode. No one can afford to take a vacation from developing new skills, especially as economic and political uncertainty threaten businesses and job stability and make future career prospects unclear. So how do you make sure your skills – or your team members’ skills — are keeping up with the pace of change? How do you identify which skills are most important for you or your team to learn? And how do you determine if you need to make a career change in order to keep learning and stay engaged, or whether there are enough opportunities for growth where you are now? The three assessments below offer some practical guidance on how to begin. There’s also a tool from Heidi Grant Halvorson that will improve the odds of sticking to your development goals once you’ve set them.

 

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7 Scientific Effects of Marijuana That Experts Want to Study TIME

On Thursday the U.S. government announced that marijuana would continue to be classified as a Schedule 1 drug, meaning it has a high potential for abuse. However, the feds are allowing more research on marijuana’s medicinal uses by making it easier for researchers to grow it.

Many researchers, both those who view marijuana as beneficial and those who are skeptical, argue that the government’s stance still hinders research.

Image: http://time.com

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In an interview, Jay Walder of Motivate discusses how new services and technology are changing how city residents are getting around.

Jay Walder is the president and CEO of Motivate, a bike-sharing company with operations in 11 locations. Before starting Motivate, Walder was CEO of Hong Kong’s Mass Transit Railway Corporation and also chairman and CEO of New York’s Metropolitan Transportation Authority (MTA). He has also worked with Transport for London. He spoke with Simon London, McKinsey’s director of digital communications.

 

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exercise

Aerobic exercise can significantly help people coping with the long-term mental health condition schizophrenia, according to a new study from University of Manchester researchers. Through combining data from 10 independent clinical trials with a total of 385 patients with schizophrenia, Joseph Firth found that around 12 weeks of aerobic exercise training can significant improve patients’ brain functioning.

 

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If you've got the next great idea in media, Corey Ford wants to hear about it.

Ford is the managing partner of media startup incubator Matter, which is currently fostering its sixth class of startups — including its first group in New York City.

SEE ALSO: John Oliver is wrong: Corporate greed to blame for the death of newspapers

He joined the Biz Please podcast to talk about the incubator's work, and brought along a few entrepreneurs to pitch their companies.

Image: MATTER

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As an advisor to startups and an angel investor, I encounter many Millennials as entrepreneurs who are leaders and great role-models for the rest of us in business. Unfortunately there are still others who have great ideas and passion, but seem to have a very naïve understanding or acceptance of what it takes to get ahead of the crowd and succeed in business.

Image: http://blog.startupprofessionals.com

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money

Last April, Gov. Doug Ducey signed into law House Bill 2591. Known as the “Intrastate Offering Exemption”, as a job creation initiative designed to invigorate our state’s economy. This landmark piece of legislation allows Arizona small businesses the ability to sell stock directly to Arizona investors online.

This bill makes Equity Crowdfunding available to Arizona entrepreneurs and small business owners alike. Now, over a year later the first Equity Crowdfunding Portal has come to life. FundMyBusinessAZ.com, a broker-dealer registered with the Arizona Corporation Commission, “Arizona’s Crowdfunding Resource” was created to showcase Arizona entrepreneur’s projects and connect potential investors from around the state of Arizona.

 

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The SXSW Accelerator Startup Pitch Competition returns for its ninth year to showcase some of the global startup ecosystem’s most exciting, innovative, and cutting edge technology!

This event provides an outlet for companies to present the latest ideas in emerging technology from the following 2017 categories: Augmented & Virtual Reality, Enterprise & Smart Data, Entertainment & Content, Health & Wearable, Innovative World, Payment & FinTech, Security & Privacy, Social & Culture, Sports, and Transportation.

Image: https://www.sxsw.com

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DAVID L. RYAN/GLOBE STAFF/FILE

State and city officials are providing more than $3 million in public aid to entice high-tech manufacturer Flextronics International Ltd. to open an innovation center on the South Boston waterfront.

The company has agreed to bring as many as 25 new jobs to staff the roughly 17,000-square-foot facility on Drydock Avenue, to be called the Flex Boston Innovation Center, according to documents obtained from the Baker administration through a public records request.

Image: DAVID L. RYAN/GLOBE STAFF/FILE

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The World s Most Innovative Countries 2016 INSEAD Knowledge

Innovation is essential for sustainable growth. Countries should maintain their R&D investments and cooperate internationally to protect their innovation momentum in the face of low-growth scenarios.

The Human Brain Project (HBP), a global, 10-year scientific research project aimed at advancing the understanding of neuroscience, brain-inspired computing and brain-related medicine, got under way in 2013. This European Commission initiative, born from the seminal work of Professor Henry Markram, from École Polytechnique Fédérale de Lausanne (EPFL) in Switzerland, provides the scientific community with the infrastructure to collaborate and make new inroads into the study of neuroscience, and a total funding of 1 billion Euros.

Image: http://knowledge.insead.edu

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Helicopter Medical Ambulance

Attention, startups creating the next smartwatch or heart-rate sensing fabric: The Homeland Security Department wants your products. 

DHS on Monday opened applications for the second round of its federally focused tech "accelerator," in search of wearable devices that can be customized for first responders.

The DHS program accepts early-stage companies whose products are designed for the commercial market, and that might incorporate embedded sensors, integrated voice control, and other wearable features. Accepted companies can demonstrate their products directly to first responders, investors and potential technology partners. 

 

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Where Does Your Freshman Class Come From The Chronicle of Higher Education

On the subject of the migration of college freshmen, two things are clear: Most stay within their home state's borders, and the rest tend to go to private colleges in neighboring states. It’s already known that more than a third of freshmen stay within 50 miles of home, but what the interactive map clearly shows is that even those who stray beyond tend to stay in the region.

 

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https://en.wikipedia.org/wiki/Tim_Cook#/media/File:Tim_Cook_2009_cropped.jpg

It's only fitting that the leader of the biggest company in the world has a pretty impressive list of friends. 

In an extended interview with the Washington Post, Apple's top executive offered new insight into how he's handled some of the bigger decisions he's made in his five years as CEO. Among the revelations: a casual list of some of the biggest names in business and politics who he has called upon for advice in years past.

Image: https://en.wikipedia.org/wiki/Tim_Cook#/media/File:Tim_Cook_2009_cropped.jpg

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