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.
Unfortunately, many entrepreneurs seem to prefer to fail their way to the top, rather than do some research and learn from the successes and mistakes of others. It seems to be part of the “fail fast, fail often” mantra often heard in Silicon Valley. As an advisor to many startups, I’m convinced it’s an expensive and painful approach, but I do see it used all too often.
For over two centuries, New York has been the predominant urban center in North America. It remains the primary locale for the arts, culture, finance, and media, and will likely remain so for the foreseeable future. It has also served as the incubator of the many Americas—including Jewish, Italian, African American, Irish, and, increasingly, Middle Eastern, North African, and Asian cultures—and nurtured their contributions to the arts, business, and intellectual life.
We will beat the COVID19 virus, and innovation will play a key role in that victory. We will find new treatments, using either new drugs, or hopefully fast-tracking reapplication of existing ones. We will reapply existing technology to mass produce respirators. Nothing spurs innovation like a crisis, or a war, and we are in the middle of both.
Milwaukee County Employees' Retirement System committed a total of $80 million to Baring Private Equity Asia, Barings, Fairview Capital Partners and Greenspring Associates to manage in private equity fund-of-funds portfolios.
The $1.7 billion pension fund's board on Feb. 26 approved hiring Barings, BPEA, Fairview and Greenspring to run portfolios of about $28 million, $30 million, $12 million and $10 million, respectively, recently released meeting minutes show.
During the great plague of 1665, Isaac Newton made the most of his year of social distancing. While forced to be away from Cambridge, he famously discovered the laws of gravity, conducted groundbreaking experiments in optics and began to develop the fundamentals of differential calculus.
Three federal agencies have teamed up to collectively leverage and accelerate 3D printing and other advanced manufacturing technologies in the fight against COVID-19.
The Food and Drug Administration, Veterans Affairs Department and National Institutes of Health recently signed a Memorandum of Understanding to formalize a unified effort through which they’ll solicit designs for, produce and test 3D-printed personal protective equipment and other medical supplies to support America’s response to the worldwide health emergency.
Navigating the CARES Act for Life Sciences Companies in the BioHealth Capital Region webinar
Please join DLA Piper and BioHealth Innovation, Inc. (BHI) as we present an overview of the key provisions for BioHealth Capital Region Life Sciences companies in the $2 trillion Coronavirus Aid, Relief, and Economic Security Act stimulus package. Register today for this FREE webinar on Friday, April 3rd.
WASHINGTON – Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they need.
The CARES Act establishes a new $349 billion Paycheck Protection Program. The Program will provide much-needed relief to millions of small businesses so they can sustain their businesses and keep their workers employed.
The stereotypical view of coworking spaces and entrepreneurs are similar — men in their 30s looking to “build something the world has never seen before.” Unfortunately, while we see these tropes on TV, they are mostly accurate to our reality.
Barbara Sprenger, CEO of flexible workspace network The Satellite Centers and cloud-based coworking space software firm Satellite DeskWorks, started her first startup in the 1980s after an employer said women would not be accepted in technical sales.
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
This morning we’re looking at what venture capitalists got up to in the first quarter of the year and how they are really responding to the current global crisis.
It’s easy to find mixed signals on Twitter, with some VCs noting that they have slowed their investing cadence or tightened criteria as the markets shed value. Others claim to be as active as before.
It's getting more difficult for startups to raise venture capital these days. But taking venture capital is not the only place to look for funding to keep your startup going. You can also approach large companies in your industry for help.
If you can't raise more money from venture capitalists, consider partnering with a large company in your industry. Large companies have more capital and resources than a startup, but they need highly-motivated world-class talent that many startups possess.
In times of crisis, particularly in the age of social media and the viral spread of misinformation, it can be difficult for people to know what information to trust and whom to listen to. Many public health experts are calling the coronavirus outbreak an "infodemic," in which the public overshares information, some of it false or misleading, that can result in more-deadly consequences. Yet in the face of this, local government leaders must take decisive action and instill confidence.
Image: SENIORS LIVING ALONE IN SPRINGFIELD, MASS., FROM THE CDC'S SOCIAL VULNERABILITY INDEX MAP. (MAP COURTESY OF ESRI)
There’s one question about the new coronavirus that keeps coming up over and over again: Why should I have to stay at home, avoid seeing my friends, and not let my kids play with other kids if we’re all fine and healthy? None of us have symptoms, none of us have been exposed, none of us are high-risk. We don’t even have many cases in our area. Why do we still have to isolate ourselves as much as possible?
The short answer: Because we know that the new coronavirus can spread before people have symptoms.
Whether you're an American exploring your own backyard or a tourist flocking to the country's most famous sites, these iconic landmarks will have anyone humming the Star-Spangled Banner.
We've rounded up popular and easily recognizable tourist attractions, natural landmarks, and iconic buildings that are so much a part of their state's history that they practically define it.
A month ago, investing for the future was the priority; today, it’s all about survival
Image: Andrew Ambrosino and Kristen Anderson, cofounders of Catch, which offers services to freelancers and part-time employees without benefits. Anderson says investors have recommended that the Boston company cut jobs.CATCH - https://www.bostonglobe.com
Tectonic shifts in society and business occur when unexpected events force widespread experimentation around a new idea. During World War II, for instance, when American men went off to war, women proved that they could do “men’s” work — and do it well. Women never looked back after that. Similarly, the Y2K problem demanded the extensive use of Indian software engineers, leading to the tripling of employment-based visas granted by the U.S. Fixing that bug enabled Indian engineers to establish their credentials, and catapulted them as world leaders in addressing technology problems. Alphabet, Microsoft, IBM, and Adobe are all headed by India-born engineers today.
With unemployment claims surging past the 3 million mark in one week — the highest in U.S. history and surpassing the number of jobless Americans during the Great Recession — it’s no surprise that anxiety about job loss looms large. Since the first case of Covid-19 was reported in the U.S. in January, nearly one in five American workers has been laid off or has experienced hours reductions, according to a recent Marist poll. And the worst may be yet to come. According to Moody’s Analytics, nearly 80 million people in the U.S. are at a moderate or high risk of being laid off as a result of the pandemic — meaning more than half of the workforce could be facing job losses in the months ahead.
Before the COVID-19 pandemic, I was part of a research team investigating the design of health equipment, including masks. Masks are important for protecting healthcare workers. The Centers for Disease Control and Prevention may even suggest that the general population start wearing them in public (contradicting previous advice). But masks aren’t foolproof. That’s because many of them are poorly designed.
Anthony Fauci has been an extraordinary presence during the COVID-19 crisis: calm yet urgent, informative yet plain-spoken. Along the way, he’s doing something even more difficult than explaining COVID-19. He’s providing insight about the role of the scientific expert in a liberal democracy.
Scientific experts are considerably diminished from what they were some decades ago, as our debates about climate change, vaccinations, genetically modified organisms and many other topics reveal.
America has long led the world in innovation, and the coronavirus won’t change that. Indeed, US inventors and entrepreneurs are rising to the occasion, jumping in to fill urgent needs.
With ramped-up testing the best way to discover who has the virus and so learn what the fatality rate really is, the news from Abbott Laboratories couldn’t be better. The Food and Drug Administration gave emergency-use approval to Abbott’s new test, the fastest available at the point of care: It can deliver a positive result in five minutes and a negative result in under 15.
Image: Bloom Energy, a California fuel cell generator company switches to ventilators production amid the coronavirus pandemic.
