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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.

130 TEDCO Talks Troy LeMaile Stovall with Rich Bendis BioHealth Innovation YouTube

TEDCO Talks: A new virtual series featuring thought leaders in economic development from across the State of Maryland.

Join TEDCO's CEO & Executive Director, Troy LeMaile-Stovall, in thought-provoking conversations with regional leaders about the future of Maryland’s innovation ecosystem.

Troy had the opportunity to interview Rich Bendis with BioHealth Innovation. Watch now to learn more about BioHealth Innovation, and the role Rich has played in supporting Maryland's entrepreneurial community.

 https://www.youtube.com/watch?v=2dYM3vQAIEU

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To call 2020 a “unique year” for life sciences companies would be an understatement. The COVID-19 pandemic transformed the industry, creating immense opportunities for institutions and investors to drive healthcare through innovation.

Peter Meath, Co-Head of Healthcare and Life Sciences for Commercial Banking, notes that investment in life sciences reached record-high levels across almost every category and subsector—despite unprecedented business challenges. Here are a few of the highlights: 

Image: https://www.jpmorgan.com

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As the coronavirus started to spread in 2020, industry watchers hoped the biopharma sector would pull through and shore up both the IPO market and venture capital investment. 

Private investment in the biopharma industry had been trending generally upward, with dips in 2016 and 2019. The second trough followed a record-setting 2018, in which biopharma companies—those developing therapeutics for human disease—raked in a total of $17.9 billion. 

Image: https://www.fiercebiotech.com

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The U.S. Department of Health and Human Services launched an innovation challenge competition today encouraging American inventors to aid the nation's COVID-19 response by designing effective, comfortable face masks for personal use that resolve the common complaints people have about wearing masks. The contest taps into the nation's creativity and entrepreneurial spirit to help curb the spread of SARS-CoV-2, the virus that causes COVID-19.

Image: https://www.medicalcountermeasures.gov

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Stock - DJIA

The huge boom in blank-check companies powered the best first quarter for mergers and acquisitions since 1980, as investors flush with cash looked for new opportunities along with the reopening of economies after the coronavirus pandemic. There was $1.3 trillion of global M&A activity in the first quarter of the year, data provider Refinitiv said, surpassing even the strongest first quarter of the dotcom bubble in 2000, when dealmaking surged to $1.2 trillion.

 

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WASHINGTON, D.C. -- With well over 100 million COVID-19 vaccine doses administered, the public's satisfaction with the rollout has surged 24 percentage points to 68% in the last month.

Satisfaction with the COVID-19 vaccine process has doubled since January and is now at the majority-level among all major demographic subgroups. It is particularly high among adults aged 65 and older (77%), a group that has been prioritized for vaccines, those who have received at least one vaccine dose (75%) and Democrats (73%), whose satisfaction has more than tripled since President Joe Biden took office.

Image: https://news.gallup.com

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Braden Kelley
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I like think of myself as an accidental entrepreneur. I originally set out to make innovation insights accessible for the greater good. But, nearly 15 years after publishing my first article, I sold a site that had more than 8,000 articles from around 400 contributing authors.

Along the way I learned a great deal of things, some the easy way and some the hard way. Here are the five key lessons I learned from my 15-year journey as a webpreneur:

 

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According to NASA, businesses are vital to its mission to expand humanity’s presence in space and to improve life on Earth. NASA announced on March 25 that it has selected 365 U.S. small business proposals — including six composite companies — for initial funding from the agency’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program, a total investment of more than $45 million.

Image: https://www.compositesworld.com

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money

WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today announced awards totaling $110 million for diverse small businesses working on scientific, clean energy, and climate solutions for the American people. The 102 projects in 24 states are pursuing technological solutions in various areas, including advanced manufacturing of wind turbines and batteries, new instruments for atmospheric measurement, and particle accelerator technologies that can power next-generation scientific discoveries.

 

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Vaccine injection into a covid-19 molecule.

The British-Swedish pharmaceutical AstraZeneca announced that the COVID-19 vaccine, in conjunction with the British University of Oxford, has been renamed Vaxzevria.

As reported in The Brussels Times, the name change was approved on March 25 following a request from the company and was announced on the website of the European Medicines Agency (EMA) and that of the Swedish National Medicines Agency (Läkemedelsverket).

 

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I’m a big fan of the old adage "There are no stupid questions, only stupid answers." We have all heard questions that begin, "This may be a dumb question, but …" used effectively by smart people who are not afraid of risking ridicule by challenging a questionable assertion from an intimidating speaker.

Most people in business seem to expect their leaders just to give orders. According to Gary B. Cohen in his classic book, “Just Ask Leadership: Why Great Managers Always Ask the Right Questions,” as leaders advance, they tend to oblige by asking fewer questions and providing more answers. This is precisely the wrong approach.

 

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money

MainStreet qualifies software, hardware, and venture-backed startups for 200+ unclaimed tax credits accountants don't check for.

We do all the paperwork and you get cash. If we can't help you claim any credits, you pay $0.

 

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