Ted Leonsis, himself a notable entrepreneurial output of Georgetown University, and his family have pledged $1 million toward a new “Leonsis Family Entrepreneurship Prize.” The fund will provide financial support to Georgetown students looking to start business ventures “that address problems in the world.”

Starting this fall, current students and recent graduates will be able to apply for cash prizes from a pool of up to $100,000 each semester. The application and selection process will be “rigorous.”

Image: Ted Leonsis and Donna Harris speak at 1776. (Photo by Tajha Chappellet-Lanier)

If you’re a successful entrepreneur, chances are, this isn’t your first rodeo.

Most successful entrepreneurs whom I know are people who have tried, failed, tried, failed, and tried again — often many tries later — and eventually succeeded.

An entrepreneur who succeeds at his or her first venture is like getting a hole-in-one. Everyone wants a hole-in-one. Everyone tries to get a hole-in-one. But very few people actually do.

“Entrepreneurship” is one of the business world’s most prominent and widely used buzzwords. Data indicates that entrepreneurial activity is on the rise. In fact, in 2015, startup activity and entrepreneurship saw its largest annual increase in approximately 20 years. This exciting increase has been highlighted and published in a report conducted by The Ewing Marion Kauffman Foundation. The uptick in entrepreneurial activity is likely good news for those men and women who are currently considering a startup opportunity.

Aspiring entrepreneurs may have been doing it wrong all along. According to Patrick McGinnis, the author of the new book The 10% Entrepreneur: Live Your Startup Dream Without Quitting Your Day Job (Portfolio), you can become a successful entrepreneur while investing just 10 percent of your time, money and resources, while also keeping your 9-5. In fact, keeping your full-time job may actually increase your chances of success.

I’m a frequent traveler, but more often than not that means hustling from one major airport to the next. My longest travel time usually clocks in at less than five hours. Recently, however, decided to shake things up and make the 14-hour drive from Denver to Phoenix.

I haven’t taken a road trip like that since I was a kid, and the experience was fascinating. The process of driving through America for two days led to a lot of realizations about the nature of entrepreneurship and the market I serve. The process was so valuable, in fact, that I think every entrepreneur who finds themselves operating in a bubble, especially those on the coasts, should take a road trip and reconnect with the rest of America.

For wealthy Americans looking to veil their assets and shield some of their income from taxation, there is no need to go to Panama or any other offshore tax haven. It’s easy to establish a shell corporation right here at home.

“In Wyoming, Nevada and Delaware, it’s possible to create these shell corporations with virtually no questions asked,” said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, a nonprofit research organization in Washington.

It is easy to take for granted the advancements in our mobile phones, wearable electronics, and other gadgets. But advances in computing rely on processes that the semiconductor industry cannot take for granted. Moore’s Law, which says that computing power will double every two years, is already slowing (see “Intel Puts the Brakes on Moore’s Law”).

Now a key tool the tech industry hopes will offset that deceleration—one that private companies, academia, and governments around the world have invested billions of dollars and decades developing—is finally being tested in factories operated by Samsung, Intel, and other companies. This technology is called extreme-ultraviolet (EUV) lithography, and industry leaders say it could be used in high-volume chip manufacturing as early as 2018 (see “The Moore’s Law Moon Shot”).

Image: https://www.technologyreview.com

WASHINGTON—The United States ranks 1st in how its domestic policies support worldwide life sciences innovation, according to an analysis released today by the Information Technology and Innovation Foundation (ITIF), a global technology policy think tank. Released on World Health Day, the findings come in a new report assessing 56 countries—which together comprise close to 90 percent of the world’s economy—on the extent to which their scientific research, drug pricing, and intellectual property policies contribute to global biopharmaceutical innovation.

Image: http://www.pharmpro.com

Economic prosperity and growth in the global age is at root a story of technological innovation. Various economic analyses ascribe up to 80% of economic growth in the industrial era to technological advancements. Innovation allows us to make continual improvements in our quality of life and maximize the productivity of our citizens. It also enhances our ability to identify and collect scarce resources and use them efficiently, and to limit our adverse impact on the earth and its environment. Appropriately directed, technological advancements can also be delivered to the benefit of the global community, and can be a driver for national security.

A drug that can treat pedophiles? Swedish researchers aim to find it with the help of crowdfunding. It's a small market, but it can help scientists get projects off the ground or raise extra funds.

Priotab, a project led by Christoffer Rahm at the Karolinska Institute in Stockholm, Sweden, hopes to develop a preventative drug treatment that would lower sexual desire in pedophiles and, thus, prevent abuse.

Image: http://www.dw.com

This question originally appeared on Quora: How do I become a good coder and what should the ideal characteristics of a good coder? Answer by Guillermo Schwarz has spent over 20 years developing software.

Ah, the Holy grail of programming. You should learn, because learning is what makes the difference:

Know the language you are working with. Read manuals. Read all the stuff you can about it. Learn the language inside and out. Doubt what you read, make experiments. This is important: To really learn, you need to test and experiment for yourself. Make up your own mind.

Like much of history, scientific memoir is the domain of victors, researchers at their denouement reflecting on their rise to eminence. These are not the voices from the trenches, of scientists working, as so many do daily, to take the next logical step, to make the next discovery. And with few exceptions — Jane Goodall, Rita Levi-Montalcini — these have not been the stories of women.

Image: Matt Ching 

You may be bored with your current job, longing for the day when you can be your own boss. There many be a business idea, a product, a solution rattling around in your head, and you may have the intention of creating a startup around it. The question is, how do you make money out of your idea?

Funders & Founders have put together a small infographic on just how to achieve your goal. It’s not in-depth, and some may want to look at their previous infographics, such as doing things that don’t scale and how to nab that investor, but it’s, at least, a pathway to get you on the right track. The steps include prototyping, selling your product, and listing your company on a stock exchange — all in a tongue-in-cheek way, of course.

Image: http://ventureburn.com

Mashable's latest #BizChats Twitter chat discussed several money habits people can pick up to break the cycle of living paycheck to paycheck.

Several financial savvy entrepreneurs and personal finance experts joined us including: Alexa von Tobel, the founder and CEO of LearnVest.com; Cameron Huddleston, money-saving expert & award-winning personal finance journalist for gobankingrates.com; Casey Bond, personal finance writer & editor; Cynthia Johnson, entrepreneur, marketing professional, author and keynote speaker; John Rampton, founder of Due, serial entrepreneur, connector & online Influencer; Josh Elledge, chief executive of SavingsAngel.com; Kyle Taylor, entrepreneur, money saving expert, and founder of ThePennyHoarder.com; Lauren Lyons Cole, personal finance editor for IBTimes.com; Murray Newlands, entrepreneur, author, advisor & motivator; Rebecca Jarvis, ABC News chief business, economics, and technology correspondent, creator & host of Real Biz with Rebecca Jarvis; and Stefanie O'Connell; millennial finance author, speaker & entrepreneur.

KANSAS CITY, Mo., April 7, 2016 -- Technology Acceleration Partners (TechAccel, LLC), a private capital development company that invests in, acquires and accelerates early-stage discoveries and technologies, has entered into a collaboration with the University of California, Davis, a world leader for agriculture research. The collaboration has the potential to make a lasting societal impact in the areas of animal health, agriculture, food and nutrition.

Through the partnership, TechAccel has agreed to invest up to $400,000 in the UC Davis STAIR-Plus™ Program, which is an expansion of the University's successful Science Translation and Innovative Research (STAIR™) Grant program.

Portugal’s president, Marcelo Rebelo de Sousa, is to take over as chairman of the general assembly of Cotec Portugal, an association aimed at promoting innovation in business, the organisation’s chief executive, Francisco de Lacerda, announced.

Lacerda made the comments to journalists at the presidential palace after an audience with de Sousa at which he was invited to take over the role.

The state's science and technology entrepreneurs have an opportunity to meet with leaders of the $2.5 billion Small Business Innovation Research federal funding program when the SBIR Road Tour visits Arkansas on April 19.

The tour is coming to the University of Arkansas at Little Rock to promote the federal SBIR program. SBIR and its sister program, the Small Business Technology Transfer, provide $2.5 billion annually to small companies for state-of-the-art research and product development. In 2015, $7 million of that went to companies in Arkansas.

After 18 years of loving my life growing technology companies in Sydney, I’ve decided to make the move to the USA. It’s a big step and I do it with excitement, fear, disappointment and hope.

In August this year, after muru-D Syd3 demo day, my family and I will relocate to San Francisco. Our plan is to stay for at least a few years but then come back to Sydney. It’s not going to be easy moving with three kids, and a cat, but my wife and I are up for the adventure and ready for some change.

Image: http://www.startupsmart.com.au

Kansas is what venture capitalists call a “flyover state,” one of most states between the coasts where the big venture capital and angel investor money is and tends to remain. This is why some Kansans, and residents and entrepreneurs in other such states, so often complain about the difficulties they have in stimulating entrepreneurship.

It increasingly is an excuse, not a reason for subpar new firm formation and growth. The reason is that there is plenty of money here in Wichita and elsewhere available to be tapped. The real challenge is having what investors call “deal flow,” worthy business ideas led by capable entrepreneurs with whom investors are willing to trust their money.

Image: http://www.kansas.com - Litan

LOS ANGELES, CA / April 7, 2016 / Leading equity crowdfunding platform, Crowdfunder, today announced the launch of the industry's first quantitative venture capital fund -- the Crowdfunder VC Index Fund ('the Fund'). The Fund provides investors with access to a diversified portfolio of hundreds of early-stage investments, backed by many of the world's leading venture capital firms.

View photo . The Fund will transform the Venture Capital industry with its unparalleled scale and broad diversification into early-stage venture opportunities, targeting 300 early-stage deals. By contrast, traditional VC firms typically invest in 20 to 40 deals per fund.