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Maryland Tedco seeks funding increase amid application boom – Baltimore Business Journal

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Six months into its fiscal year, the Maryland Technology Development Corp. has received almost as many applications from state startups looking for funding as it got in all of the previous year.

As a result of the spike in demand, Tedco is asking the Maryland General Assembly for what Tedco President Robert Rosenbaum called “a substantial increase” in funding for fiscal 2015. The General Assembly convened for its annual session in Annapolis on Jan. 8.

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Brainy Watson Computer to Tackle Cancer and Other Medical Research – Observations, Scientific American Blog Network

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After vanquishing humans on Jeopardy!, IBM says its Watson computer is ready to help save human lives. The company on Thursday announced it has created a new business unit specifically to advance Watson and deliver its artificially intelligent wisdom to research organizations, medical institutions and businesses so that they can process “big data” for detailed answers to complex questions. They won’t actually own a Watson computer—instead its services will rendered via a network connection (the “cloud computing” model).

IBM doesn’t launch new business units every day—or even every decade—chief executive Ginni Rometty noted during the Watson Group announcement. Indeed, the company is making a calculated bet—to the tune of more than $1 billion—on cognitive computing and the role it will play in making big data useful.

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Montgomery College offering Kauffman Fasttrac Classes for Spring 2014

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MClogo printKauffman FastTrac® has just joined with Montgomery College to support future and current business owners before, during, and after the startup process. Entrepreneurs will receive the information, resources, and networks necessary to start and grow successful businesses.

Classes:
SMB957: FastTrac NewVenture for the Veteran Entrepreneur (2/13-4/24)
SMB956: FastTrac TechVenture (2/26-5/7)

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Kaiser eyes outcomes with new network – Healthcare IT News

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Kaiser Permanente will put its longtime IT expertise to work in building a clinical data network aimed at improving patient outcomes in cancer, heart disease and obesity.

Funded with a $7 million grant from the Patient-Centered Outcomes Research Institute, the network is one of 29 projects approved for a total of $93.5 million to form PCORnet: the National Patient-Centered Clinical Research Network, which seeks to improve the efficiency of health research.

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NHLBI funding opportunity announcements, Jan. 9, 2014

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Funding and Research Opportunities

The following funding opportunity announcements from the NHLBI or other components of the National Institutes of Health, might be of interest:
NIH Guide Notices:

Please note that most links to RFAs, PAs, and Guide Notices will take you to the NIH Web site. RFPs will take you to FedBizOpps. Links to RFPs will not work past their proposal receipt date. Archived versions of RFPs posted on FedBizOpps can be found on the FedBizOpps site using the FedBizOpps search function. Under “Document to Search,” select Archived Documents.

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National Innovation Summit & Showcase – June 15-19, 2014

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The National SBIR Conference and the 3rd annual National Innovation Summit and Showcase will be held in parallel with the 17th annual TechConnect World Conference, at the Gaylord Convention Center, June 15-19, 2014.

National SBIR Conference

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer programs are highly competitive, encouraging small businesses to engage in Federal Research/Research and Development (R/R&D) work with potential for commercialization.

National Innovation Summit

In support of the White House and Congressional call for innovation commercialization initiatives, the National Innovation Summit and Showcase delivers the world’s largest showcase of industry-vetted emerging-technologies ready for commercialization. Don’t miss as TechConnect presents the Nation’s top innovations emerging from our federal technology funding programs. All showcasing innovations are vetted by our industry and investment review committees, and all will participate the TechConnect Corporate Acceleration and Matchmaking Programs with our participating Corporate and Investment Partners.

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Maryland Startup CoFoundersLab Claims a Crowdfunding First – Venture Capital Dispatch – WSJ

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Last Sept. 22, the chief executive of a startup called CoFoundersLab Inc., Shahab Kaviani, sat up at the moment the clock chimed midnight, ready to tweet.

At that time, a ban on what’s known as “general solicitation” was officially lifted by the Securities and Exchange Commission, which meant startups like his could tell the general public, and not just accredited investors, that they were raising money.

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GSK Gets Accelerated FDA Approval for Melanoma Drug Combo

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GlaxoSmithKline plc announced that the U.S. Food and Drug Administration (FDA) has approved Mekinist (trametinib) for use in combination with Tafinlar (dabrafenib) for the treatment of patients with unresectable melanoma (melanoma that cannot be removed by surgery) or metastatic melanoma (melanoma which has spread to other parts of the body) with BRAF V600E or V600K mutations. These mutations must be detected by an FDA-approved test. Tafinlar is not indicated for treatment of patients with wild-type BRAF melanoma.  

The approval of the combination is based on the demonstration of response rate and median duration of response in a Phase 1/2 study. Improvement in disease-related symptoms or overall survival has not been demonstrated for Mekinist in combination with Tafinlar. The combination was approved through the FDA’s Accelerated Approval program and reviewed under a Priority Review designation. This accelerated approval is contingent on the results of the ongoing Phase 3 trial (referred to as MEK115306 or Combi-D), which is designed to evaluate the clinical benefit of the combination in this patient population.

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