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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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Over the past half-century, Sequoia Capital has established itself as the envy of Silicon Valley, from early bets on Cisco, Apple and Google to more recent wins such as Zoom, Snowflake and Airbnb.

Now the firm is changing its fund structure entirely and declaring that the existing time-based model for investing has “become obsolete.”

 

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Bisnow/Andrew Martinez Outshine Properties' Bill Hunter speaks as CRISPR Therapeutics' Denis Desmond listens at a Bisnow event Oct. 21, 2021.

Developers are trying to meet abundant demand for biomanufacturing space as growing biopharmaceutical firms advance new medicines toward production. But building facilities for the fledgling industry takes a strong stomach.

More biopharma are seeking to place their drug production in their own backyard, which, in research-heavy markets like Boston, San Francisco and San Diego, means developers have to find scarce greenfield sites or convert older industrial properties. Beyond the inherent logistical challenges and long delivery times of manufacturing development, rapidly evolving science and the unproven tenants clamoring for space add up to a high-risk environment.

Image: Bisnow/Andrew Martinez Outshine Properties' Bill Hunter speaks as CRISPR Therapeutics' Denis Desmond listens at a Bisnow event Oct. 21, 2021. 

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RocketFuel’s efficient and one-click payment solution offers Bitcoin and more than 50 other cryptocurrencies. In addition, the solution provides bank transfers to merchants and their customers online and in-store using smart devices—both Android and IOS—with QR codes or NFC capabilities.

ACI’s Secure eCommerce solution with RocketFuel integration allows merchants to easily incorporate new payment methods into the mobile checkout, offering smarter payment choices for their customers, who are increasingly making purchases using cryptocurrencies. The single integration will update new cryptocurrencies as RocketFuel adopts them.

Image: https://www.helpnetsecurity.com

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The Department of Veterans Affairs' Innovation Ecosystem has been responsible for some of the agency's most promising health IT research, including using virtual reality platforms for both mental and physical health care. VA Innovation Specialist Caitlin Rawlins discusses how the technology is being used to help patients recover from PTSD and other anxiety-related conditions, as well as manage chronic pain.

 

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Question drawn on a blackboard.

Wharton management professor Jacqueline “Jax” Kirtley isn’t making any predictions about when or how the Great Resignation will end.

Nearly 4.3 million Americans quit their jobs in August, the highest number on record since the government began collecting data 20 years ago. The quit rate coincides with a dramatic surge in applications for new businesses since the COVID-19 pandemic began, mostly for sole-proprietor ventures.

 

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Female scientists examine plant working in genetic 2021 09 01 20 43 25 utc

According to data from the United Nations Educational, Scientific and Cultural Organization (UNESCO), currently only 28% of the people who do scientific research in the world are women. Did you know that only 19 women have won a Nobel Prize in science since Marie Curie won it in 1903? In contrast, 570 men have won this award.

 

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Nirvana Water Sciences Logo

NEW YORK, Oct. 25, 2021 /PRNewswire/ -- Nirvana Water Sciences Corp. ("Nirvana"), is pleased to have won Best Technology Innovation for its Nirvana HMB spring water at the 2021 Global Water Drinks Awards. 

In addition to its win for innovation, Nirvana was also a finalist in the categories of Best New Water Concept, Best Marketing/Social Media Campaign, and Best New Brand, all for its innovative and unique Nirvana HMB spring water.

"We are delighted to be recognized for our work in bringing a remarkable new product to market. The win for Nirvana HMB as Best Technology Innovation in 2021 shines the spotlight on our science-backed approach to product development which we believe will be category defining in the beverage industry," advises Mark Zettle, Nirvana's President of Sales.

 

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Woman working from home 2021 08 28 02 47 53 utc

When it comes to flexible work arrangements, it’s tough to satisfy everyone. Whatever any organization is doing — requiring everyone to return to the office, keeping people at home, or some mix of the two —  you can be sure that at least a handful of people want or need something else. How can you treat your people as the individuals they are without creating a chaotic mess of confusing, arbitrary exceptions? The author presents six strategies for managers during this period of transition.

 

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Gold coins and seed in clear bottle on white backg 2021 08 31 10 36 45 utc

New Jersey Institute of Technology (NJIT) community members who want to start a business will soon have access to a $75,000 seed investment from the university’s new Venture Fund as part of a 10-year, $6.75 million commitment funded by the NJIT endowment.

This marks the first time New Jersey Institute of Technology will directly fund startups. NJIT community members have had access to another route, the Highlander Angel Network, since 2013, but that is a group of individual investors, not an official university body. Managers of the new fund said they plan to work together with Angel Network members.

 

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Contrary to what you might guess, the highest rate of small business and entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. In fact, according to the latest trend data and press reports, these Baby Boomers have grown yearly to 41 percent of small business owners, second only to Gen-X, at 44 percent..

Image: https://blog.startupprofessionals.com

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Illustration by Mr. Nelson Design

Harald was delighted when he was promoted to Head of Supply Chain at a global food products company. Originally from Germany, he built his career in the automobile industry before being hired to turn around the food products company’s manufacturing operations. He led a successful turnaround by replacing almost all the leadership team, restructuring and outsourcing production, and cutting headcount by 20%.

Image: Illustration by Mr. Nelson Design

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Andreessen Horowitz is planning to raise roughly $6.5 billion to fuel the global venture-capital firm’s aggressive deal-making pace, according to people familiar with the situation.

The firm is turning to its limited partners to invest in a pair of funds, one focused on early-stage startups and another on growth-stage companies, the people said. That would add to Andreessen’s haul earlier this year of $2.2 billion for its crypto fund and $400 million for a seed fund. Venture firms typically turn to investors such as foundations,...

 

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Enhancing access to skilled talent, both national and international, to support innovation projects from inception all the way to commercialization and adoption is core to increasing Canada’s productivity and prosperity, writes John Hepburn. Image courtesy of Pixabay

Canada has an entrepreneurial culture, highly educated population, a diverse and progressive society, and international reputation as a great place to live and work—which are all plusses when it comes to attracting international investment and talent. Yet our innovation performance finds us consistently ranked as a mid-level player, and in a highly competitive and dynamic world, standing still is no longer an option.

Image: Enhancing access to skilled talent, both national and international, to support innovation projects from inception all the way to commercialization and adoption is core to increasing Canada’s productivity and prosperity, writes John Hepburn. Image courtesy of Pixabay 

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In recognition of Global Entrepreneurship Week on 8th – 12th November, which is celebrated in around 180 countries around the world, neuroscientist, business psychologist and recalibration specialist, Dr Lynda Shaw, identifies the ten traits successful entrepreneurs are likely to have.

Innovative. Being creative, knowing how to stand out and being ahead of the game is key to running a successful business, but seeking out ways to challenge conventional thought and embracing feelings of discomfort often produces some of the best outcomes in innovation. Energetic. Having an energetic mindset enhances productivity, creativity and focus and is also fantastically infectious. Lighting up a room and exuding positive energy either sets the benchmark for others to match or helps them glow with enthusiasm and zest.

 

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Tips and tricks 2021 08 30 06 50 51 utc

I believe you have a life purpose — we all do. Since there is no other individual on the planet exactly like you that has the exact combination of nature and nurture, it seems obvious and logical that you must be capable of providing some value that nobody else is capable of providing. That unique value is your life purpose, the gift only you can deliver to the world and it is intrinsically tied to who you are as an individual.

 

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person holding postit with

Branding the blockchain may seem like something of a daunting task, to say the very least, but for one ambitious entrepreneur the move into championing the crypto space has launched his business into the metaverse.

The industry has been beset by issues, from environmental concerns over the mining of bitcoin, to the controversies over trust, among individual investors but more pertinently from governments, with China the biggest player banning crypto altogether.

 

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INDIANAPOLIS -- Never in his wildest dreams would Carl Fisher have envisioned the day the Indianapolis Motor Speedway would see a drone deliver the checkered flag to a robotic dog, who would wave it while driverless cars sped around the Racing Capital of the World at times more than 150 mph.

In Fisher’s day, rear-view mirrors were cutting-edge technology, IMS was paved entirely by bricks and the inaugural Indianapolis 500 winner averaged speeds just a tick under 75 mph over nearly seven hours. And yet, Fisher, James Allison, Arthur Newby and Frank Wheeler wouldn’t have wanted it any other way.

Image: https://www.indystar.com

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Idea 2021 08 26 18 51 38 utc

There’s a lot that goes into running a business. Not only can it feel stressful to just keep things going at times, but it can feel especially difficult if you are working to improve your business in a big way.

Even though it might not always feel easy to upgrade your business, that doesn’t mean that you need to get down about it. If you are looking for some ideas that can enable you to take your business to the next level, then here are some things that you can try.

 

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Here are five things in technology that happened this past week and how they affect your business. Did you miss them?

1 —The most expensive MacBook Pro will set you back $6,099.

This past week, Apple revealed its new MacBook Pro. The new laptop comes in both a 14 and 16 inch and features new M1 Max and M1 Pro chips. The base cost for the 14-inch is $1,000 and it has a 512GB SSD and 16GB of RAM. The base cost for the 16 inch is $2,499 and it has 1TB SSD and 16GB of RAM. However, for users who would want to get the top-notch options for the laptop such as 8TB SSD and 64GB of RAM, the additions would bring the total to an astounding $6,099.

 

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