Interest: Robert Abascal had big ideas for an advanced technology that would improve military pilots' training and potentially save lives. He founded his own company, but it didn't take off -- he worked out of his bedroom for a few years with no employees.
Interest: Getting paralyzed patients to walk or demonstrating virtual telepathy between humans and computers are possible future challenges for researchers, experts said during a brain symposium held here this month.
Interest: Twenty-year-old entrepreneur Jessica Mah, freshly graduated from the University of California, Berkley, has just closed a $1.2 million round of angel financing for her startup software firm, InDinero. A simple online finance management tool, InDinero aims to do for small businesses what Intuit’s Mint.com online finance manager does for individuals — bring fiscal order out of chaos.
Interest: The long recession only tiptoed through the 2,300-acre office park, with many start-ups here expanding their operations over the past 18 months. One prominent tenant, solar company Nanosolar Inc., began producing solar panels in March and plans to add space and more employees to its 350-person work force.
Interest: A partnership backed by Facebook, Amazon.com, Comcast and other major technology firms on Thursday established a $250 million fund to invest in startups that hope to capitalize on the growing reach of social networking.
Interest: Recently, Donna Rounds, the Director of Technology Development at the Hospital for Special Surgery in New York noted that "the dirty little secret for starting a new business is that you can get most things out of a tech transfer department pretty damned cheap." This December marks the 30th anniversary of the Bayh-Dole Act which in effect gave birth to the idea of tech transfer. In response to a sluggish US atmosphere for innovation, the law was passed to give ownership of inventions, developed with the aid of federal research funds, back to the universities that created them; it also allowed research institutions the freedom to negotiate whatever license terms would encourage development of the technology. The act was immediately dubbed by The Economist as "the most inspired piece of legislation to be enacted in America over the past half century."
Interest: The lure of two tech incubators out west drew MIT $100K finalist Julia Hu from Sloan and Cambridge, and her wearable mobile technology company is now based in the Bay Area.
Interest: CIMIT, a consortium of hospitals and engineering schools in the Boston area, has spun out its first startup: Hand hygiene monitoring company HanGenix. The startup’s technology automatically detects when a care provider uses a soap or alcohol gel dispenser and if they approach a patient’s bed without washing or sanitizing their hands. If a care provider fails to wash their hands before a patient interaction, the system emits an audible beep as a reminder.
Interest: Tax credits, access to venture capital and even strong collaboration among entrepreneurs and government are all important for growing a region’s high-growth and high-tech businesses.
Interest: BioDelivery Sciences will receive a $2.5 million milestone payment from Meda as a result of approval of the buccal film-based cancer pain treatment, BEMA Fentanyl, in Europe. Approval covers use of the drug for managing breakthrough cancer pain in opioid-tolerant adult patients. BioDelivery will separately receive another $2.5 million milestone once sales have started, plus double-digit sales royalties.
Interest: Gov. Rick Perry today attributed the strength of the Texas economy to low taxes, a reasonable and predictable regulatory climate and an educated workforce, which together have helped Texas employers lead the nation in job creation. The governor spoke at the Dallas Regional Chamber of Commerce, where he also announced a total of $3.35 million in investments to three companies through the Texas Emerging Technology Fund (TETF).
Interest: The Pennsylvania NanoMaterials Commercialization Center (the Center) is issuing its largest request for proposals to accelerate the commercialization of nano-materials research.
Interest: A lofty idea to create a $100 million-plus venture-capital fund is gaining momentum, even though college leaders have just started tossing around the notion.
Interest: Area officials welcomed a 12,000-square-foot addition to the Purdue Technology Center on Tuesday afternoon that they say will help attract high-paying jobs.
Interest: Two Greater Lansing communities - East Lansing and Meridian Township - have been recognized for their excellence at fostering entrepreneurial growth and economic development.
Interest: The Dillard College of Business Administration’s small business incubator program got off to a slow start in 2007. However, under the leadership and direction of the Lalani Center for Entrepreneurship and Free Enterprise, the incubator program has grown quickly.
Interest: A market-leading systems integrator that provides innovative technology and supply chain solutions, today announced the company’s Chief Executive Officer and Co-Founder, Jim Kavanaugh, was inducted into Saint Louis University’s prestigious Smurfit Stone Entrepreneurial Alumni Hall of Fame.
Interest: The Wisconsin Entrepreneurs’ Network (WEN) and the Small Business Development Center (SBDC) network has been competitively awarded a contract from the U.S. Small Business Administration (SBA) Federal and State Technology (FAST) Partnership Program to develop a pilot program, Innovation 25 (I-25), for driving innovation, technology transfer and commercialization opportunities in support of economic growth and job creation.
Interest: Ohio State University President E. Gordon Gee knows colleges and university researchers often face obstacles when taking an idea from the laboratory out to the marketplace.
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