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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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Eurostat, the statistical agency of the European Union (EU) indicates that Paris is the largest metropolitan area in the EU, Switzerland and Norway, with 12.8 million residents, according to the latest estimates. This is slightly more than number two London --- which may soon be outside the Union --- with 12.4 million residents.

Image: http://www.newgeography.com

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funding

Start-ups are known to flaunt their successes with raising funding , as it goes to show the value of their products and services. But what exactly are these Series A funding rounds and seed capital? Small businesses should know the terminology today, as the race to find the next unicorn heats up.

The earliest funding round one can think of is when money is received or invested with no returns in sight. This is the Pre-seeding funding, and is given to simply get a new venture up and going. There is no exchange of equity. The fund can come from one’s own resources as a way to bootstrap the business. It is also the stage where nearly a third of startups fail, as they don’t have enough resources to continue with their operations.

 

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Baiju Shah

The Cleveland Foundation has brought on Baiju R. Shah, former CEO of BioMotiv and co-leader of The Harrington Project for Discovery & Development, as the Steven A. Minter Senior Fellow for Innovation.

With funding from the Steven A. Minter Fellowship Fund, Shah will consult the foundation leadership to develop strategic initiatives and partnerships that advance Cleveland's innovation economy, according to a news release.

 

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flooding

Sea levels are rising, and that is sending more ocean water into streets, sewers and homes. For people who live and work in coastal communities, that means more otherwise-sunny days disrupted by flooding.

"Really the future is now in terms of sea level rise impacts," says William Sweet, an oceanographer for the National Oceanic and Atmospheric Administration. Average sea levels have already started rising as a result of global climate change. "The ocean is at the brim. It's clogging storm water systems and it's spilling into streets."

 

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netherlands

Watch this video on the Dutch biopharmaceutical industry in the Netherlands and get inspired by the Dutch. The perfect location to build your biopharmaceutical business. We open our doors for you!

Special thanks to: PharmInvest Holland, Invest in Holland, Association Innovative Medicines, MSD, Mimetas, Galapagos, HollandBIO and all other Dutch partners.

 

https://www.youtube.com/watch?v=p59-or26CEs&app=desktop

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That means the co-living solution offered by California-based company PodShare is $2,400 cheaper per month than the median rent for a one-bedroom apartment in the city. The only thing renters have to give up is their privacy.

According to CNN Business reporter Anna Bahney, tenants have access to a bed, locker, and WiFi. Currently, there are seven PodShare locations: six in Los Angeles and one in San Francisco.

Image: PodShare's bunk-bed style co-living solution costs $1,200 a month in San Francisco. PodShare

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parent

Parenting and entrepreneurship have one thing in common; they are both demanding in terms of resources and time. As more parents become entrepreneurs, and more entrepreneurs become parents, a crucial balance between parenting and entrepreneurship should be maintained. Any job can be challenging when you’re trying to juggle it with parenting. Entrepreneurship is inherently a demanding role and one you need to put a lot of time into; it makes it even more difficult to balance parenting with your career. Here are some pieces of advice, for parents who double as entrepreneurs, on how they can lead healthy lives in both roles.

 

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David Meltzer

Nick Francis, the founder and owner of SkySprout, discusses his beginnings in marketing, from running a haunted house business as a teenager to eventually launching his own digital marketing agency. Nick shares what he’s learned about traditional and non-traditional education through his personal experiences, as well as what he looks at when hiring a new employee.

 

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fight

Companies hire us to fight with each other. Let me explain.

If you’re like me, you bring a skeptical eye to industry predictions, ones that insist that by 2020 experience will overtake both price and product as a key brand differentiator. But with one year to go, this one seems to be coming true. Experience has emerged as the industry’s newest tool for driving brand growth, with user experience of sites, apps, tools and products as the tip of the spear. But what do we really mean when we talk about user experience?

 

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TRENTON, N.J. (July 10, 2019) – Furthering his commitment to grow New Jersey’s innovation economy by increasing access to funding for early-stage businesses, Governor Phil Murphy signed Assembly Bill 5604 on June 30, expanding New Jersey’s Angel Investor Tax Credit Program. The program, which provides a tax credit for a percentage of an angel investor’s investment in a qualifying emerging New Jersey technology or life science business, helps attract early-stage and growth capital for innovative New Jersey companies.

 

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crowd

THE Securities and Exchange Commission (SEC) has approved its rules and regulations on crowdfunding, a move that will allow start-ups and small and medium-sized enterprises greater access to funding.

The SEC en banc on July 4 approved the rules and regulations governing crowdfunding, defined as a fund-raising activity typically conducted through an online platform, mainly used by start-ups.

“Information and communication technology has made a significant impact on our financial environment,” SEC Chairman Emilio B. Aquino said.

 

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True to the tradition of union-management relationships, in the late 1970s, United Auto Workers president Douglas Fraser and Chrysler CEO Lee Iacocca had their share of clashes. But in a break from tradition, the two men also respected each other for what they stood for. Yale management professor Jeffrey Sonnenfeld recalled a conversation with Fraser in 1988 when Iacocca had briefly considered running for U.S. president. “[Fraser] told me that while [the two] had plenty of differences and fought on many fronts … he would have supported Iacocca for the presidency.” (Fraser later won on a seat on Chrysler’s board as part of its 1979 revival plan.)

Image: https://knowledge.wharton.upenn.edu

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Armed with some data from our friends at CrunchBase, I broke down the largest startup funding rounds globally during the month of June.  I have included some additional information such as industry, round type, a brief description of the company, and total equity funding raised for the company to further the analysis.

Image: https://www.alleywatch.com/

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A gold rush in venture capital continued in the second quarter as an increasing number of funds—hoping to invest early in the next tech stars—plowed cash into more and more companies, according to a report issued by Dow Jones VentureSource.

Venture-capital firms made equity investments totaling $31.59 billion via 1,416 deals, the fourth-highest dollar figure to date, the report said. The amount of money raised was down slightly from the first quarter, but the number of deals climbed for the first time in years, increasing 7% from the prior period.

Image: https://www.barrons.com

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George Bradt

Deloitte’s Chief Executive Program published a paper yesterday on “Seven steps to a more strategic board.” Its insights are well worth reading. They did, however, bury the lead. The seven steps add up to the importance of CEOs taking a leadership role in managing boards and building relationships rooted in “mutual respect, trust and support.” That’s the lead.

 

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How Ross Perot created the Information Age Commentary Dallas News

We so often see Ross in the red, white and blue colors of an earlier America. Deservedly so. Here are notes from his Horatio Alger life story: Texarkana newspaper boy; midshipman shaking lands with Dwight Eisenhower at graduation; leading salesman for IBM, fulfilling his sales quota for the year on Jan. 2; Fortune cover boy as the nation's first tech entrepreneur; advocate for Vietnam POWs; honored by the nation's Joint Chiefs of Staff for working to make sure every American wounded in combat received the health care treatment needed; independent candidate for president of the United States garnering the most popular votes ever by a independent candidate for the highest office in the land; humanitarian and philanthropist; devoted husband to the love of his life Margot; father to five wonderful children and 16 grandchildren. It is as if he stepped out of a Norman Rockwell painting and lived the American Dream.

Image: Electronic Data Systems S. Ross Perot, shows off the control of the company's newest information Processing Center in Auburn Hills, Mich., north of Detroit July 11, 1985. (The Associated Press) 

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With less than six months left to go in 2019, we're now on the other side of the year's halfway checkpoint. It's a chance to take stock of progress, revisit goals, and forge ahead on your bold, ambitious plans.

To help with that work, we've rounded up the startup stories that have resonated most with our readers in the last six months. As you recommit to the lofty aspirations you set back in January, give them a read (or a re-read). We hope this collection of popular advice will serve as a timely reminder and a fresh perspective that will help deepen your well of motivation for the months still to come.

 

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stock

The New York Stock Exchange (NYSE), a wholly-owned subsidiary of Intercontinental Exchange (ICE), showed again why it is the exchange group of choice for the world’s most innovative technology companies, adding $110 billion in technology market capitalization and raising 75 percent of technology IPO proceeds in the U.S. during the first half of 2019. Overall, the NYSE extended its leadership as the world’s premier listings venue, raising a total of $20.9 billion in proceeds.

 

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