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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.

The meditation on cliff YDHLL23

Most people don’t know this about me, but I have a master’s degree in psychology with an emphasis on mindfulness. Most people know me as an Instagram influencer and entrepreneur, but my roots lie in understanding not only the human brain, but also the power of energy, consciousness, and manifestation.

Some in the business world might argue that these studies don’t apply, but I’m a firm believer that entrepreneurship is truly a form of self-actualization, and when you raise your consciousness and energy in the world, this only adds to your business success.

 

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Darmody2

Remember the frenzy in 2017 when over 200 cities and towns across the U.S. bid to house the second headquarters for Amazon? Northern Virginia in the D.C. region won that bid ultimately.

But cities, states and regions might want to dust off those bids to enter a new $1 billion competition by the U.S. Economic Development Administration (EDA) that promises more winners across the country in applied science areas to help make the U.S. more technologically competitive and inclusive. Thankfully, this competition will look more like the Olympics with many gold, silver and bronze winners compared with the winner-take-all approach of Amazon HQ2. 

EDA will grant $500,000 in technical assistance to 50 to 60 regional coalitions to develop and support three to eight projects to support a regional growth cluster this fall. Next year, EDA will award 20 to 30 regional coalitions $25 million to $100 million to implement those projects from among those that were successful in Phase One.

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Time for Change

In my role as a business advisor, I find that most still resist change, especially change they can’t control and did not choose, rather than accept it as the norm, and seek to capitalize on it. I believe that that by adopting a more positive change mindset, you can actually make surfing the waves of change much more manageable, and even make your business and career fun again.

 

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Covid 19 Vaccine Vial

We're going to widen our lens here to talk about how to help the rest of the world cope with this crisis. Almost 50% of the world's population has received at least one dose of a COVID-19 vaccine, which doesn't sound too bad when you consider there are more than 7 billion people on the planet. But when you take a closer look at the picture, you see that it's skewed. Citizens of wealthy nations make up an overwhelming proportion of the population of the vaccinated. In most poorer countries, only 2% of the people have received a dose.

The Biden administration has pledged to donate more than 1 billion doses to the global vaccination push, so we're wondering if that will make an impact and what else would. To talk about that, we called Dr. Saad Omer. He is the director of the Yale Institute of Global Health. Dr. Omer, thank you so much for joining us once again.

 

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Woman standing in front of gears represnting building blocks.

A common request I hear from aspiring entrepreneurs is for an assessment of their latest idea. I don’t even try to assess things at the idea level, since I can’t read minds. I can assess execution plans, if you have any. Yet I believe that business success is more a function of the person than the idea or the plan, so the best idea is one that is a best fit for you, and only you can assess that.

 

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Sean Henry

Roughly 275. That’s how many jobs the company Stord has brought to the state of Georgia since it opened its doors in 2016. The startup was one of the first to go through Georgia Tech’s CREATE-X incubator, offering cloud-based software that has since revolutionized the supply chain sector. And as the company continues to grow, it has no plans to leave Atlanta.

“One of the best things we've done to give back to Georgia is the way Stord has accelerated the overall technology ecosystem, mostly as it pertains to venture, and beyond that, just bringing more capital to the market,” said Sean Henry, CEO and co-founder of Stord.

 

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Jet Fighter in virtual reality

Red 6, a company that aims to completely upend how America’s tactical aircraft communities conduct air-to-air combat training through the use of augmented reality, or AR, has made new progress in the development of the software and hardware that make up its novel system. The firm recently demonstrated the ability to conduct training sorties that pit a real pilot against multiple simulated adversaries, as well as work with a friendly virtual wingman to engage a single mock threat, rather than just one-on-one engagements. The pilot “sees” these other synthetic “aircraft” through an AR headset, the design of which continues to become more capable, but also smaller, and is now able to fit entirely under the visor of a fighter pilot’s helmet.

 

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The Toyota S-AM, which stands for Sienna Autono-MaaS, is equipped with automated driving tech from Aurora and an electric-hybrid powertrain. Aurora will begin testing the new vehicles on Dallas roadways over the next six months.

Unicorn tech startup Aurora plans to begin testing its autonomous driving technology on Dallas roads over the next six months as it hurdles toward its goal of launching driverless rides for ride-sharing companies by 2024.

The Mountain View, Calif.-based tech company is working with Uber and Toyota to develop an autonomous vehicle for use with ride sharing. If everything goes according to plan for Aurora, the Uber ride you order in three years may not have a human driver.

Image: The Toyota S-AM, which stands for Sienna Autono-MaaS, is equipped with automated driving tech from Aurora and an electric-hybrid powertrain. Aurora will begin testing the new vehicles on Dallas roadways over the next six months.

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University of Colorado Logo

The University of Colorado, with support from the National Science Foundation and in partnership with the City College of New York, is starting the Building Energy Smart Technologies (BEST) Center, a five-year research initiative focused on sustainable building and construction technology.

The center will study an array of related topics ranging from HVAC manufacturing to smart glazing for windows, smart building controls, advanced insulation materials, new energy storage systems, the integration of renewables such as solar systems, and improved air quality systems, according to a CU news release.

 

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State, city and Virginia Tech leaders were present on Sept. 14 for the groundbreaking of Virginia Tech's first academic building in Potomac Yard. (Photo/Virginia Tech)

Virginia Tech broke ground on the first of three academic buildings for its Innovation Campus in North Potomac Yard on Sept. 14. Although the groundbreaking was mostly symbolic, Virginia Tech representatives and city officials said it heralds things to come in the city’s Innovation District.

The 300,000 square-foot structure will be one of three academic buildings on the 3.5-acre campus, which will provide engineering and computer science graduate students with space to embark on projects in collaboration with corporate partners that will sponsor the projects.

Image: State, city and Virginia Tech leaders were present on Sept. 14 for the groundbreaking of Virginia Tech's first academic building in Potomac Yard. (Photo/Virginia Tech)

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Business failure concept KMGUHNW

A single batch of Ben & Jerry’s ice cream produced at their Waterbury, VT plant contains 80,000 pints of ice cream. Of course, 80,000 pints is relatively small for an ice cream producing powerhouse who manufacturers up to one million pints per day.

But not every flavor will reach Ice SCREAM celebrity status like Cherry Garcia, Chubby Hubby, or Half Baked. Even new flavors (of which Ben & Jerry’s produces about three or four every year) need a minimum of 80,000 satisfied or, at least, curious customers willing to purchase it before it reaches the production floor.

 

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