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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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The new ARPA-H, an agency designed to fund moonshot health research, will fall under the umbrella of the National Institutes of Health.Cities and states jockeying for position in the race for biotech dollars and talent have their sights set on a whale that comes along once in a generation.

When President Joe Biden announced last year that the federal government is launching a new outfit, the Advanced Research Projects Agency for Health, dedicated to funding moonshot tech research, he kicked off a new, high-stakes battle among municipalities that are eager to land the headquarters of a federal agency dedicated to advancing and funding cutting-edge research.

Image: Creative Commons - The new ARPA-H, an agency designed to fund moonshot health research, will fall under the umbrella of the National Institutes of Health.

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Demonstration on the city protesting against clima 2022 01 18 23 32 03 utcOver the past decade, the way that publicly traded companies have spoken publicly about climate change has unmistakably changed. Now, it’s become standard for many companies to, at the very least, pay lip service to the problem—though of course what a business says in press releases and what executives say behind closed doors, let alone what a company actually does, can differ dramatically.

 

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Amazon’s Alexa virtual assistant can become more “proactive” and expand to be useful in “more places in your life” in years to come, the tech giant’s devices boss says.

Dave Limp, the senior vice president of devices and services at Amazon and therefore the man in charge of Alexa, said a key target for Amazon is to free up people’s time by having the smart assistant take on more “mundane tasks”.

Image: (Amazon)

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Bagley Rebecca Primary small 300x200Washington, D.C. (April 19, 2022) — The Kennedy Forum, a national mental health nonprofit, announced today that Rebecca O. Bagley has been named President and Chief Executive Officer. Bagley will oversee efforts to expand the reach of promising practices in mental health policy, workplace mental health, school-based mental health, and health care integration. She will also lead initiatives designed to coalesce historically siloed communities and maximize collective impact.

 

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BlockApps, an enterprise blockchain provider, has raised $41 million in funding in a round led by Liberty City Ventures. BlockApps has its own blockchain platform – STRATO, which is in use as some large firms like Bayer, as well as the US government.

Other new investors in the round include Morgan Creek Digital, Eidetic Ventures, and Givic. Existing investors ConsenSys, Bloccelerate, Fitz Gate Ventures, Arab Angels, Kenetic Capital, and PropelX also participated. BlockApps noted that both Liberty City Ventures and Morgan Creek Digital gain a seat on BlockApps’ Board of Directors.

 

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This IDC Vendor Profile describes the relationship between Red Hat Inc. — a software company subsidiary of IBM that delivers hardened, open source solutions (hybrid cloud infrastructure, middleware, agile integration, cloud-native application development, and management and automation solutions) for enterprises to work across platforms and environments — and its strategic partners.

 

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Aurinia Logo

– Company seeks proposals to create and sustain community-focused programs to support underserved populations with these conditions –  

VICTORIA, British Columbia & ROCKVILLE, Md.--(BUSINESS WIRE)--Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) (Aurinia or the Company) today, affirmed its commitment to individuals living with the systemic lupus erythematosus (SLE) and lupus nephritis (LN) through the sponsorship of charitable grants to establish or expand community-focused patient navigator programs. This is the second year of this unique program aimed at eliminating barriers to care for individuals living with SLE/LN. LN is a serious manifestation of SLE that can cause irreversible kidney damage and kidney failure and significantly affects more Black, Asian, and Hispanic individuals than non-Hispanic White individuals. Selected applicants may receive up to $50,000 over a one-year period.  

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A question mark on a wooden cube on a computer key 2021 08 29 10 30 03 utc

Every great company starts with a great idea, but even the best ideas don’t go far without money. It takes ample financing for a startup to get from vision to execution, and for many entrepreneurs venture capital provides critical financial support in the initial stages of growth.

 

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Kansas lands 650M facility in Manhattan to study global biological threats

KANSAS CITY, Mo. — Scorpion Biological Services, a subsidiary of Heat Biologies Inc., broke ground on a new 500,000 square foot facility in Manhattan Monday, Gov. Laura Kelly's Office announced.

The facility will work to support development of vaccines that "enable a response to global biological threats," and other health care related products.

"The combination of a world-class public research university, innovative private sector partners and critical national security led Scorpion to choose Manhattan for its new facility," the release said.

Scorpion will join a soon-coming national bio-defense laboratory that is also being constructed in Manhattan and Kansas State University.

Image: https://www-kshb-com.cdn.ampproject.org

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Yale Ventures

“Yale is home to brilliant, creative, and altruistic people who dream about changing the world,” said Josh Geballe, recently named senior associate provost for entrepreneurship & innovation at Yale, and who will be Managing Director of the newly formed Yale Ventures.

“With support and guidance from Yale Ventures, innovators will create new startups across more university departments, attract external investment into those startups and develop partnerships in the Yale and New Haven communities to create jobs, retain talented Yale graduates, and grow the innovation ecosystem. The launch of Yale Ventures is an important step in expanding the impact Yale will have on addressing many of the world’s biggest challenges,” Geballe said.

 

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How many times have investors heard startups start their pitch by touting that their technology is “disruptive?” What entrepreneurs forget or don’t realize is that most customers are wary of all technology, educating the market on new technology is expensive, takes a long time, and people buy problem solutions rather than technology. Investors will likely wait for more traction.

Image: https://blog.startupprofessionals.com

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