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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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Identifying, understanding, and prioritizing the right incentives for your organization can be a time-consuming and challenging undertaking—but it’s also one that can generate significant benefits. Businesses need a global survey of innovation and investment incentives outlining the dynamic landscape of government incentives, particularly if they are contemplating new or expanded investments in R&D, capital, employment, training, or energy sustainability. This survey is intended to help companies understand the global dynamics that impact the funding of innovation and investment strategy.


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CLEVELAND, Ohio - Cuyahoga County's partnership with JumpStart, in which the venture development organization invests county money in startups and early stage businesses, has paid off.

A company JumpStart invested in, CoverMyMeds, recently sold to McKesson for over $1 billion. As a result, the county will receive back its entire $4.5 million investment, while remaining a part of two investment funds. That way the county will receive more returns as more companies succeed, the county said in a statement.

Image: Sam Rajan, a pharmacist, cofounded CoverMyMeds software company, which was acquired by McKesson Corp, for $1.1 billion. In this 2014 file photo, he's talking with a Walgreens pharmacy manager. (Lynn Ischay, The Plain Dealer) 


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Jayson Demers

Entrepreneurship is romanticized in our culture, and it’s easy to see why: We live in a capitalistic society that values the creation of ideas, the unlimited potential of business and of course the prestige of attaining wealth and power.

Related: 12 Signs You Have an Entrepreneurial Mindset

On top of that, we have entrepreneurial celebrities like Elon Musk and Mark Zuckerberg inspiring countless waves of new entrepreneurs striving to achieve the same level of success they did.


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Man Silhouette Shaking Hands Contract

What: The Department of Homeland Security's Science and Technology Directorate wants help bringing the technology it sponsors to market.

Why: S&T underwrites the development of technology to help emergency first responders, protect computer networks, support disaster resilience and more. Now it's looking for help to commercialize its success stories.


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Very few words are worth being engraved in gold and this is one of them: “It is impossible to be an entrepreneur if you don’t start.”

Inaction is probably the deadliest disease aspiring entrepreneurs face. You may have an incredible idea, a beautifully laid out plan and a dream to match but those are not enough to make you worthy of the title “entrepreneur”. That’s why Select Blinds’ CEO, Rick Steele’s words will ring true for a lifetime.


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You have a killer startup idea. You want a team to help make it a reality. But, you don’t have the money to hire anybody -- yet. If only you could find co-founders who were willing to work for equity!

But, the right cofounders can be exotic animals -- you don’t see them walk by your front door every day. So, how do you find them? Here are some suggestions.


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Lauren K. Ohnesorge

Research Triangle Park’s efforts to bolster its agtech cluster – even amid BigAg consolidation– was the focus of this week’s Triangle Business Journal cover story.

It involved exploring tempered glass greenhouses, insectories and getting to know the people pushing for more plant science in the park, like John Dombrosky, CEO of the new AgTech Accelerator.


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On April 5, the Division of Corporate Finance of the Securities and Exchange Commission released two new compliance and disclosure interpretations (“C&DIs”) regarding Regulation Crowdfunding.  Regulation Crowdfunding was adopted in 2015 in order to implement the provisions of Title III of the Jumpstart Our Business Startups (JOBS) Act of 2012 that exempt certain crowdfunding transactions from registration under the Securities Act of 1933.


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Four out of five Australian executives agree that technology development is no longer a linear process, but is happening exponentially. In the Accenture Technology Vision 2017, the overriding message is that as technology becomes more sophisticated, it’s not the technology itself that’s driving change – it’s us. 

The Technology Vision 2017 contains five key trends, which underpin the overarching theme of a "people first" approach to business and technology. 


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With an acceptance rate of just 8.8% and typical SAT scores between 1500 and 1600, the California Institute of Technology is America's hardest college to get into, according to a list from academic review site

The rankings are based on acceptance rates and SAT and ACT scores reported to the US Department of Education. College acceptance rates received a weighted average of 60% in the ranking computation, and SAT/ACT scores received a weighted average of 40%. 


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