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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.


For the sixth consecutive year, Switzerland has topped the Global Innovation Index as the world's most innovative economy. The small alpine country also has a firm grasp on its crown as the world's most competitive economy- achieving this status for the eighth-year running. 

For a country with little to no natural resources, and a 1:5 cow to people ratio- it produces the largest number of patents in the world (892 per million inhabitant or 224 per million cows) and has one of the highest numbers of knowledge-intensive workers.


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A Memphis-based venture capital fund announced the close of a $31 million fund focused on rural America.

Innova announced the close of Innova Ag Innovation Fund IV, which will focus on early stage investments in rural America and work with national farm organizations and other partners to identify, enable and accelerate ag-tech companies with high growth potential.

Image: Innova partner Jan Bouten PROVIDED BY INNOVA 

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Tel Aviv

The Israel Innovation Authority is set to publish in the coming weeks the names of the 12 incubators and accelerators selected to host foreign entrepreneurs in Israel as part of its Innovation Visas pilot program.

The idea, announced in December, is to enable foreign entrepreneurs to learn from the Israeli ecosystem and eventually also benefit from government support should they set up a startup in Israel. Entrepreneurs who want to come and work in Israel need to apply for an expert visa and be sponsored by a company they work for.


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At first glance, Clancey Stahr looks like any other 23-year-old eager to make his mark on Silicon Valley.

But this baby-faced Stanford graduate is already managing $55 million of other people’s money.

Stahr and his partner, 24-year-old Phil Brady, launched GoAhead Ventures in their senior year at Stanford, and closed their first investment fund last fall. Even in Silicon Valley, where money flows like Yosemite Falls after a drenching winter, $55 million is a significant sum for a venture capital team just two years out of college.


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We recently joined leaders from across the biomedical ecosystem at the White House to discuss how to best support biomedical innovation that improves human health and creates jobs and opportunity for economic growth. We discussed the unique role of National Institutes of Health-funded academic research in understanding the biology of human disease, and the irreplaceable role of the biotech industry in translating these basic science discoveries into breakthrough therapies for serious human diseases.


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venture capital

Until recently I worked as a VC investor, and I would often receive emails from recent college grads and others asking me what they need to do to get into venture capital.

I came up with a list of tips that I would respond with, and now that I am out of the industry I thought I would share that list to help others land a job in VC.


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us flag

John F. Kennedy Airport, 1981. I was 11 years old, and my mom and I had just arrived from Guyana. Together, we had $34. We approached a big machine that we had never seen before and stood at bottom puzzling over the best way to get on and off it.

Later we learned that the machine was called an escalator. At that moment, looking up from the bottom of the escalator, the idea that I would one day run a technology company seemed unfathomable. In time, I would become a U.S. citizen, earn engineering degrees from Stanford, and work at IBM and Hewlett-Packard.


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washington dc capital

Businesses and entire industries are coping with major uncertainty due to President Donald Trump: from carmakers that fear his next tweet, to health insurers who can’t set coverage rates because of the ongoing fight to repeal the Affordable Care Act.

Rohan Bhobe is the CEO and co-founder of a technology startup that earned its chops by fixing key parts of the website after its clunky launch in the fall of 2013. So you’d think he and his fellow co-founders at Nava – a public benefit corporation – would be downright nauseated from following every twist and turn of the healthcare debate.


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cloud computing

It’s a long established fact that moving to the Cloud can save your small business money. However, there are costs associated with using Cloud services and, while they may seem small at first, they can add up to a lot if you’re not careful. If you want to continue to reap the bottom-line benefits of working in the Cloud, you need to take steps to keep your Cloud computing costs down. To do so, here are some tips on how to keep the Cloud from becoming too expensive.


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The diner is an American breakfast institution. From Connecticut to Hawaii, New York to New Mexico, Tennessee to Oregon, and everywhere in-between, diners are there to provide succor to the weary and hungry at all hours of the day. But it is breakfast where they really shine: toast piled high and proffered with packets of butter and jelly, eggs served however you please, hashes and home fries, stacks both short and not-so-short, melts and wraps of all kinds (if that’s your thing), all anchored by a hot cup of coffee.


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Pharmaceutical giant Bayer has opened applications for its Grant4Apps programme. Geared to connect health start-ups with industry experts and help the best talents to thrive within the digital healthcare universe, the programme will offer start-ups an opportunity to become part of an economically inclusive market where innovation is not only encouraged but appreciated as a catalyst for expanding both economic and social growth, says Bayer.


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