Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

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.

Pretty female team leader talking with mixed race 2022 04 04 22 19 03 utcThink of great business leaders, and Henry Ford, Madame C.J. Walker, Andrew Carnegie, Estée Lauder and Steve Jobs may come to mind. Regardless of when they rose to prominence, all were not only effective leaders but visionaries and disruptors whose innovative ideas took their companies to new levels and defined their respective industries. When considering the accomplishments of luminaries who exemplify effective leadership, what I find interesting is that beyond the obvious (intelligence, discipline, work ethic), certain characteristics span culture, industries, and even time.

 

Read more ...

Boom ContouredFuselage 16x9 v2On July 25, 2000,  a Concorde supersonic jet operated by Air France flying from New York to Paris crashed shortly after takeoff. The accident, caused by a piece of debris on the runway, killed all 109 people on board and four on the ground. It dented the reputation of supersonic air travel and accelerated the retirement of the Concorde, which was already facing infeasibly high operating costs and repeated complaints about its noise. Three years later, in October 2003, the Concorde completed its final flight from New York to London in 3.5 hours and then disappeared from public sight, ending 27 years of commercial operation.

Image: An artist’s rendering of Boom Supersonic’s Overture jet. Boom Supersonic

Read more ...

Ocean water abstract background 2021 08 27 18 05 24 utcWith climate change looming and a summer full of heat waves and droughts, communities all over the world lack access to clean water. According to the World Health Organization (WHO), two billion people worldwide lack access to clean water.

Startups and researchers around the world are working on technology that could use solar to turn saltwater into freshwater for communities. Removing salt from seawater is nothing new, but plants that take the salt out are still mostly powered by fossil fuels.

 

Read more ...

Time spent LargeInvestors are spending 24% less time looking at pitch decks in 2022, compared to 2021. On average, you have just under three minutes to convince them to take a meeting with you. In fact, for decks that fail to raise funding, investors give up in just 2 minutes and 13 seconds. That’s not a lot of time to make a first impression, so you’ve got to make it count.

It’s pretty rare that I get to talk to someone who is as big of a pitch deck nerd as I am, but when I was finally able to nerd out with the research lead at DocSend, how could I not? We go deep into what the data tells us about what makes a pitch deck successful, and indicators for what works less well.

Image: https://techcrunch.com

Read more ...

https://commons.wikimedia.org/w/index.php?search=Colorado+River&title=Special:MediaSearch&go=Go&type=imageBy now, you may have heard that the Colorado River is drying up.

The river’s flow is down by about 20 percent, compared to the 1900s, and the two largest reservoirs it feeds are less than a third full. The water in Lake Mead, the nation’s biggest reservoir, has dropped more than 150 feet in the last two decades, leaving little water for the more than 40 million people who depend on the river.

Image: https://commons.wikimedia.org/w/index.php?search=Colorado+River&title=Special:MediaSearch&go=Go&type=image

Read more ...

95ac29 80cd092c79b942dc821dbdac64b60f00 mv2When it comes to space, there's a problem with our human drive to go all the places and see all the things. A big problem. It's, well, space. It's way too big. Even travelling at the maximum speed the Universe allows, it would take us years to reach our nearest neighbouring star.

 

Read more ...

Steve Case 6244482532In this edition of Author Talks, McKinsey Global Publishing’s Raju Narisetti chats with AOL cofounder and Revolution CEO Steve Case about his new book, The Rise of the Rest: How Entrepreneurs in Surprising Places are Building the New American Dream (Simon & Schuster, September 2022). In pursuit of a more inclusive innovation economy, Case has run investment firm Revolution’s Rise of the Rest Road Trip tours for nearly a decade, visiting and investing in start-ups across the country, excluding the major venture capital hubs of Silicon Valley, New York City, and Boston. For years, these three cities have dominated the competition for seed funding and talent, but Case says pandemic- and technology-borne disruptions now pose an equalizing opportunity for noncoastal entrepreneurs. An edited version of the conversation follows.

Image: https://commons.wikimedia.org/wiki/File:Steve_Case_(6244482532).jpg

Read more ...

Jason Miller e1435132800953 112x112The Small Business Innovation Research program is a big step further away from ending.

The Senate passed a three-year authorization of SBIR and the Small Business Technology Transfer Research program by unanimous consent on Sept. 20.

Sen. Ben Cardin (D-Md.), chairman of Committee on Small Business and Entrepreneurship, introduced and the full body passed the SBIR and STTR Extension Act of 2022 on Wednesday after several months of delay because of concerns from Sen. Rand Paul (R-Ky.) about companies abusing the program.

 

Read more ...

GM battery recyclingGM announced Thursday that its venture capital division, GM ventures, will invest in Lithion Recycling to support a sustainable circular battery ecosystem. The new partnership will focus on researching and developing a viable EV battery recycling method to further reduce emissions and the usage of critical minerals.

Global supply chains are still recovering from the pandemic, and as the demand for electric vehicles continue to soar, automakers are rushing to lock up deals to ensure they will have adequate supply to achieve their targets.

 

Read more ...

https://commons.wikimedia.org/w/index.php?search=eric+schmidt&title=Special:MediaSearch&go=Go&type=imageWhen James Chau Nguyen's grandmother was diagnosed with cancer in March 2020, the tumor in her brain was already too big to remove. Nguyen, then just a sophomore in high school in California, took the news particularly hard. Just eight months prior, Nguyen and his mother immigrated to the U.S., leaving them unable to travel back to Vietnam to see her during the pandemic.

Image: https://commons.wikimedia.org/w/index.php?search=eric+schmidt&title=Special:MediaSearch&go=Go&type=image

Read more ...

Air CompanyLast month, an Air Force drone took off on a first-of-a-kind test flight with a new kind of fuel: one made with captured CO2 and renewable energy. It looks and acts like standard jet fuel, but when it burns, it’s carbon neutral.

Air Company, the New York-based startup that created the fuel, is now developing its first commercial production facility for it, and is beginning to take orders from airlines including Jet Blue and Virgin Atlantic.

Image: Air Company

Read more ...

An AI-based home screening test to detect oral and throat cancers from saliva samples is now available in the United States. (CREDIT: Creative Commons)An AI-based home screening test to detect oral and throat cancers from saliva samples is now available in the United States with the hope of transforming oral and throat cancer detection.

Based on a technology approved by the US Food and Drug Administration (FDA) as a "breakthrough device," the saliva test can detect early symptoms of oral and throat cancer with more than 90 percent accuracy.

Image: An AI-based home screening test to detect oral and throat cancers from saliva samples is now available in the United States. (CREDIT: Creative Commons)

Read more ...