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Understanding Patents and the Patent Application Process for Engineers and Scientists

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Author: Charles Luzar


Source: CrowdFund Insider


Interest: Michigan entrepreneurs and crowdfunding advocates are celebrating momentous news out of the state yesterday.


Link: http://www.crowdfundinsider.com/2013/12/28399-brief-michigan-crowdfunding-bill-unanimously-approved-senate-heads-back-house/

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Author: Dan Primack


Source: http://finance.fortune.cnn.com/


Interest: The program in question is Investor Growth Capital, which has invested more than $3 billion into over 250 technology and healthcare companies since being founded in 1996. Most of that activity has been in the U.S., where its deals have include Jazz Pharmaceuticals (JAZZ), MedImmune, Guavus and Rocket Lawyer.


Link: http://finance.fortune.cnn.com/2013/12/12/investor-ab-kills-off-u-s-venture-capital-program/

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Author: King & Spalding LLP


Source: http://www.metrocorpcounsel.com/


Interest: As the number of venture capital firms is diminishing and the amount of money being raised by venture firms is shrinking, we’re seeing many corporate investors coming into the venture market and making strategic investments. Many of the small companies we’re working with are increasingly taking money from large corporations rather than from the venture capital industry and many of our large clients are forming venture funds and investing in start-ups.


Link: http://www.metrocorpcounsel.com/articles/26645/corporations-new-player-venture-capital-world-start-ups

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Author: Ben Fidler


Source: http://www.xconomy.com/


Interest: Sia is the co-founder of Harlem Biospace, a new biotech incubator on 127th Street in Manhattan’s West Harlem. The incubator officially opened just a month ago, on Nov. 1, and Sia said it has already become profitable. Sia wouldn’t disclose just what the final revenue and profit figures are from the first six weeks of operation, but scientists from 16 local startups occupy 22 of its 24 workstations. Each workstation goes for a list price of $995 per month.


Link: http://www.xconomy.com/new-york/2013/12/13/sam-sias-ny-biotech-incubator-already-bustling-16-startups/

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Author: PRWEB.COM


Source: Digital Journal


Interest: Drexel University, the University City Science Center and DreamIt Ventures are on a mission to support innovators and entrepreneurs in the Philadelphia region and have formed a strategic partnership that creates a hub for start-ups to test their wings and the capital that will support their continued growth.


Link: http://www.digitaljournal.com/pr/1636561

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Author: Techvibes


Source: Techvibes


Interest: Versant Ventures, a US-based life sciences venture capital firm, revealed today that it is expanding operations into Canada to invest in early-stage drug discovery programs. The firm hopes to establish new life science companies that can accelerate the commercialization of scientific research in Canada.


Link: http://www.techvibes.com/blog/us-venture-capital-firm-expands-operations-into-canada-2013-12-09

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Author: Encarnacion Pyle


Source: Toledo Blade


Interest: Ohio State University remains last among the Big Ten schools in generating income from its research despite increased efforts to turn more university discoveries into marketable products and ideas.


Link: http://www.toledoblade.com/Education/2013/12/10/OSU-s-pricey-research-last-in-licensing-income.html

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Author: WPMI Local 15 News


Source: WPMI Local 15 News


Interest: A new facility at the University of South Alabama will now be a big help to start-up technology based businesses. It's called the "Coastal Innovation Hub." The incubator just opened a few weeks ago on the USA campus. It's already helping nine local businesses and entrepreneurs get off on the right foot.


Link: http://local15tv.com/shared/news/features/top-stories/stories/wpmi_usa-coastal-innovation-hub-helping-startup-businesses-6581.shtml

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Author: Rob Manch


Source: NBC 29 News


Interest: Two startup companies that began in the University of Virginia's Darden School of Business i.Lab Incubator are now celebrating their success.


Link: http://www.nbc29.com/story/24176748/uvas-ilab-incubator-spawns-successful-startups

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Author: Kansas City Star


Source: Kansas City Star


Interest: NEW ORLEANS — A state legislative committee has approved $350,000 in additional funding for the small-business incubator at Southern University at New Orleans.


Link: http://www.kansascity.com/2013/12/09/4680576/state-puts-more-money-into-incubator.html

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Author: Hasan Kamoonpuri


Source: Zawya


Interest: MUSCAT -- More than a dozen business incubators are slated to open in Oman shortly, giving assistance on all aspects of starting up and running a business and thus contributing to the next generation of homegrown startups.


Link: http://www.zawya.com/story/More_incubators_in_the_offing_for_business_startups-ZAWYA20131208055851/

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Author: JACOB GEIGER


Source: Richmond Times Dispatch


Interest: When David Simpson arrived at Virginia Commonwealth University in 1996, the university’s technology transfer office suggested he meet Gary Bowlin, a biomedical engineer.


Link: http://www.timesdispatch.com/workitrichmond/news/vcu-advocating-entrepreneurship/article_b717afcd-0bd5-538b-aae8-c00af1c324c1.html

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Author: Fatima Hussein


Source: Daytona Beach News-Journal


Interest: The incubator, which is funded by Volusia County and run by the University of Central Florida, was created to help startup businesses become generators of jobs.


Link: http://www.news-journalonline.com/article/20131208/BUSINESS/131209548/1024?Title=60-jobs-created-and-counting-Volusia-County-funded-incubator-a-work-in-progress

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Author: Warren Johnston


Source: Concord Monitor


Interest: The three-story, 9,000-square-foot Plymouth incubator, a partnership between the council and Plymouth State University, joins facilities in Manchester, Keene and North Conway, and the Dartmouth Regional Technology Center in Lebanon, which is one of the largest business incubators in New England.


Link: http://www.concordmonitor.com/news/work/business/9713555-95/where-plans-hatch

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Author: Gregg Bayes-Brown


Source: Global University Venturing


Interest: University of Missouri nanotech spin-out Nanova raises $1.5m for expansion project.


Link: http://www.globaluniversityventuring.rsvp1.com/s1500edUHFxY

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Author: Gregg Bayes-Brown


Source: Global University Venturing


Interest: WSU spin-out Advaita targets $1m seed round as it looks to develop software for gene research.


Link: http://www.globaluniversityventuring.rsvp1.com/s15d8edUHFxK

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Author: Gregg Bayes-Brown


Source: Global University Venturing


Interest: University of Michigan spin-out Arborlight has left the institution’s incubator with $500,000 in seed funding in its back pocket.


Link: http://www.globaluniversityventuring.rsvp1.com/s19b8fdUHFxC

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Author: Gregg Bayes-Brown


Source: Global University Venturing


Interest: GSK and Avalon announce the first startup fruit of $495m biotech alliance announced in April.


Link: http://www.globaluniversityventuring.rsvp1.com/article.php/3168/avalon-and-gsk-grow-startups-in-the-lab

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Author: Tech Dirt


Source: Tech Dirt


Interest: For many years we've been incredibly critical of the famous Bayh-Dole Act, which was passed in 1980 with the idea that it would encourage greater innovation by pushing universities to patent the research they were doing. The theory -- based on a rather ignorant view of innovation and research -- was that patents would create a market, which, in turn, would enable easier knowledge transfer from academia to industry, leading to a research boom.


Link: http://www.techdirt.com/articles/20131122/01322825335/patenting-university-research-has-been-dismal-failure-enabling-patent-trolling-its-time-to-stop.shtml

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Author: Matt Crow


Source: News/Talk 790 KFYO


Interest: Texas Tech has announced the receipt of a $300,000 Federal Grant. The Economic Development Administration, an agency within the U.S. Department of Commerce, awarded the grant to Texas Tech University to help build on the South Plains region’s capability in wind and other renewable energy sources that increase innovation and entrepreneurship through technology commercialization.


Link: http://kfyo.com/tech-receives-federal-grant-to-facilitate-technology-transfer/

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