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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.

miami

Biz2Credit has identified Miami as the "Best Small Business City in America," based on a weighted average that includes annual revenue, credit score, age of business (in months), and the company's proprietary BizAnalyzer score that factors in cash flow, debt-to-income ratio, taxes and other data. In its computation, Biz2Credit examined the financials of nearly 30,000 companies that applied for small business financing on its platform in 2018

 

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If one were to rank startup accelerator programs like one does colleges, Y Combinator (known as “YC”) is about as Ivy League as it gets.

YC offers a twelve week program to very early-stage ventures, providing founders with capital (currently $150,000) in exchange for a chunk of equity (currently about 7 percent). It all culminates on Demo Day, or, more recently, “days:” part graduation ceremony and part high pressure show-and-tell where founders pitch to an assembly of investors to secure capital to fund their next stage of growth.

Image: https://news.crunchbase.com

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Venture capital cash is pouring into podcast companies Axios

Venture capital money is pouring into podcast companies, with roughly 3x times as many deals being brokered today than 10 years ago.

Why it matters: Data has long suggested podcast listenership would explode as more Americans adopt smart speakers and voice assistants in their homes.

But before 2017, venture capitalists shied away from investing in podcast startups, fearing that Apple already had too much of a stronghold over the market and because the industry was (and still is) rather decentralized, which means that money hasn't flowed into it as quickly.

Image: https://www.axios.com

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With 18,841 high schools across America, the process of getting into one — and figuring out the best fit — can be just as daunting as applying for college.

To make families' lives easier, school-ranking website Niche has released its 2020 list of the best public high schools in America. The list was determined after rating thousands of schools in over 10,000 districts across the country.

Image: Illinois Mathematics and Science Academy was ranked No. 2 in the country. Google Maps

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slang

In a world dominated by meme culture, ever-changing social media platforms, and your ability to cram your thoughts into a 280-character tweet, your grasp of basic slang can make or break your credibility as a functional and supposedly cool human.

Scroll through the comments of any Gen Z influencer's Instagram feed, and you may feel completely out of the loop on what the world is talking about.

 

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A new school year is about to begin, which means a new group of high school students are deciding which colleges they should apply to.

To help both students and parents, school-ranking website Niche has released its 2020 list of the best colleges in America, after rating more than 1,000 schools. Niche based its rankings on factors like acceptance rates, student and alumni reviews, professor ratings, graduate income, and campus life.

Image: Tufts University/Facebook

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surprise

For long-term-oriented investors, Warren Buffett is something of an icon. In less than seven decades, he took roughly $10,000 in seed capital and turned it into more than $79 billion in net worth.

However, Buffett hasn't needed fancy computers, technical analysis, or any quantitative analysis to figure out which stocks to buy. Rather, he's stuck to the simple investing strategy of looking for businesses that have sustainable competitive advantages, and buying those companies when he perceives them to be trading at a discount. Buffett has been the CEO of Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) for nearly 50 years, and when he buys stock, he tends to hang on for years or decades at a time. The average top-10 holding of Berkshire Hathaway has been held for 7.5 years.

 

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The latest edition of the NATO Innovation Challenge was launched on Monday (19 August 2019), under the theme: “Optimising leader development”. The competition aims to tap into pools of private sector innovators (entrepreneurs, designers, engineers, scientists, coders, etc.) to find new, creative and efficient ways for NATO to respond to security challenges and potential crises.

Image: https://www.nato.int

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The phenomenon of “beach money exits” — startup founders accepting large but low-ball offers to sell — is a pertinent threat to venture capital investors, according to VC researcher Matthew Wansley.

“Founders may prefer an exit that would diversify their risk and give them financial security for life — beach money — to the uncertain prospect of even greater wealth later,” wrote Wansley, a professor at Yeshiva University’s Cardozo School of Law, in a forthcoming paper for the Journal of Corporation Law. 

Image: Illustration by II

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The pace of change in the world and workplace is accelerating, and every industry, including higher education, is being disrupted. Disruption and change create new opportunities for entrepreneurship. Colleges and universities that cultivate a multidimensional entrepreneurial ecosystem can position themselves to thrive in a challenging and changing marketplace.

Image: http://entrepreneurship.babson.edu

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Bob Kramer joins BioTalk to discuss his history with Emergent, his vision for the company, and Emergent’s commitment to the BioHealth Capital Region.

Mr. Kramer serves as president and CEO and as a member of the Board of Directors. He was appointed as CEO and as director effective April 2019 and has served as president since March 2018. Mr. Kramer also served as chief operating officer from March 2018 to March 2019. Prior to this, Mr. Kramer served as executive vice president and chief financial officer from September 2012. Mr. Kramer first joined Emergent in 1999 as its CFO. From 1999 until his retirement in 2010, he held various executive positions with the last being president of Emergent Biodefense Operations Lansing. Mr. Kramer returned to the company in 2011 as the interim head of the biosciences division, and then as interim executive vice president, corporate services division. Prior to joining Emergent in 1999, Mr. Kramer held various financial management positions at Pharmacia Corporation, which subsequently merged with the Upjohn Company in 1995 and eventually became part of Pfizer Inc. Mr. Kramer serves on the board of the U.S. Chamber of Commerce. Mr. Kramer received an M.B.A. from Western Kentucky University and a B.S. in industrial management from Clemson University.

 

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