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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.

Golden Gate Bridge

JPMorgan Chase Bank got a little smarter today in courting the Bay Area’s fast-growing startups, combining two different groups within the bank to better serve these companies nationally.

Chase (NYSE: JPM) said Monday that it will merge its commercial banking teams focused on mid-sized technology companies and emerging growth companies in a new practice called the “technology and disruptive commerce industry group.”

 

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Opinion Universities provide spark for Valley innovation

Time and again, the world looks to Silicon Valley for breakthrough answers to some of our world’s most perplexing challenges: climate change, hunger, national defense, cybersecurity and privacy, biosecurity, homelessness, and more.

The research, thought, and invention produced by the Valley’s higher educational institutions are the repeated spark that changes industry and work as we know it.

Image: Santa Clara University is one of several institutions of higher learning that offer multiple benefits to the Valley and its future. (Bay Area News Group File Photo)

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Larissa Milne

Lemon meringue pie is an American innovation, one that's more than 200 years old. Although this long-time diner staple, lemony custard piled high with fluffy meringue, has the look of something that might have emerged in the Pillsbury Bake-Off in the mid-20th century, its roots go much deeper than that.

And to give it an even stronger "stars and stripes" connection, those roots took hold in Philadelphia, only a few blocks from Independence Hall, where the United States itself was born.

 

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idea

AOL co-founder and billionaire investor Steve Case says middle America is being ignored when it comes to venture capital investment. Case aims to change this situation with "Rise of the Rest," a fund that will bring some of that venture capital now going to the tech hubs on the coasts and invest it with worthy entrepreneurs in America's heartland. Sharyn Alfonsi reports on "Rise of the Rest" on the next edition of 60 Minutes, Sunday, March 17 at 7:00 p.m., ET/PT on CBS.

 

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NewImage

If you want people to invest in your idea, then my best advice is first write a business plan, and keep it simple. Don't confuse your business plan with a doctoral thesis or the back of a napkin. Keep the wording and formatting straightforward, and keep the plan short. For minimum content, see my original article “These 10 Key Elements Make a Business Plan Fundable.”

 

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innovators

Incumbents and start-ups around the world collectively spend hundreds of millions of dollars per year on innovation-related activities. Yet according to our analysis of 170 of the largest global companies by revenue, the return on innovation spending has significantly declined.

 

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NewImage

Two thought-leaders and former NMotion teammates have reunited and are making waves with a new approach to how startup ecosystems help support founders.

Last year Beth McKeon, former Managing Director of NMotion, launched Fluent, a nationwide entrepreneurial training firm. Now, Fluent is expanding to new markets, running data-driven and dynamically evolving partnerships tailored to each community. McKeon recently brought on Keevin O’Rourke, former NMotion program manager and also formerly of the Global Accelerator Network, as Head of Product.

Image: http://siliconprairienews.com

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NewImage

The massive shift to digital ecosystems creates brand-new business opportunities in the logistics space.

The logistics industry is in the midst of a massive shift towards digital ecosystems. The digitisation of the industry’s material flows is creating an abundance of data flows. This, in turn, gives industry players greater visibility on business processes and enables the creation of new business models

Image: https://knowledge.insead.edu

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team

Back when our Facebook design team still fit around a conference table, a new designer joining our merry band was a momentous event. Everyone loved sitting down and showing her how we worked —where we kept our design files, what tools to download, which meetings to attend. We were grateful that someone else had come to help us accomplish more together. Two pizzas were still enough to feed everyone.

 

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handshake

Technology is transforming the healthcare, finance and legal sectors. This transformation is driven by such demands as transaction efficiency, automation, consumerization and improving patient outcomes.

Although healthcare providers are notoriously cautious when it comes to the adoption of new technology and for the legal world transformative technology is a relatively new concept, both industries have seen a jump in tech companies attracting investment – particularly those that automate mundane, labor-intensive tasks.

 

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doe logo

The U.S. Department of Energy (DOE) Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs issued its FY 2019 Phase II Release 2 Funding Opportunity Announcement (FOA) with approximately $100 million in available funding.

“Small businesses are the backbone of the American economy,” said U.S. Secretary of Energy Rick Perry. “Providing small businesses with greater opportunities to enhance science and technology research and development strengthens the economic security for our entire country.”

 

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