News Archive

Montgomery County Executive Ike Leggett is leading a 2013 trade and Sister-City China Mission trip from Sept. 15 to Sept. 25, 2013. The Mission is organized by Montgomery County Government and Maryland China Business Council ( MCBC ) with the support of the State of Maryland ’s Maryland Center China ( MCC ) in Shanghai, which has been assisting local companies in China since 1996. This combination of experience and long term relationships offers a unique opportunity to explore, enter or expand in one of the world’s most dynamic and fast growing markets and destinations.   Mission Statement:

Sister Cities create relationships based on cultural, educational and trade exchanges, creating lifelong friendships that provide prosperity and mutual benefits through “citizen diplomacy.”

Participants for trip include:

County Executive; State and County Government Representatives; Business, Education, Academic and Science Leaders; Chinese Community Leaders

The bridges had to be strong and stable — and made of spaghetti.

Charged with this unusual engineering task, a group of about 40 high school students worked intently Thursday with the uncooked yellow strands to build a roughly half-meter structure they had designed to support more weight than their competitors’.

Washington, DC, is growing as a close-knit entrepreneur community where startups can find angel investors who will also act as mentors to grow a business, venture capitalists say.

The DC area has fewer venture capital firms than Silicon Valley, but steady startup investment is coming from tech industry veterans who have experience working with area universities, government agencies, and telecom companies including AOL, said John Taylor, head of research for the National Venture Capital Association (NVCA).

The Daily Record is proud to announce its 2013 Most Admired CEO award winners.

The award recognizes men and women who have excelled professionally and in serving their communities.

The nominees were evaluated in terms of leadership and vision, competitiveness and service, community leadership and service, financial performance and growth and corporate leadership and board service.

When it comes to lending to tech startups, Silicon Valley Bank has an impressive grip on the market. The Santa Clara, Calif.-based institution has been in the D.C. area 15 years and claims half of the region’s venture-backed companies as its clients. The bank, which has $21.5 billion in assets, has grown its Tysons Corner team by 25 percent in the past year to 10 people. I caught up with Megan Scheffel, who manages the bank’s Mid-Atlantic and Southeastern U.S. regions.

The Maryland Technology Development Corp. (Tedco) has invested $1.1 million in 14 state startups.

The grants were made through the organization’s Technology Commercialization Fund. The money will be put toward advancing the each company’s technology and product commercialization efforts.

We often hear public leaders say “our diversity is our strength,” which has become somewhat a cliché over the years. While I don’t doubt their sincerity in believing what they say, I wonder how many truly understand what it means to have a large, diverse, and global population in their communities.

This past weekend, I attended the Chinese Biopharmaceutical Association’s (CBA) 18th annual conference, which attracted scientists, educators, businesses and entrepreneurs from the region as well as delegations from several cities in China. It was a high-energy conference hosted by an all-volunteer crew of local community members.

If there’s one thing everyone in healthcare can probably agree on right now, it’s that there is an awful lot of data being generated each and every day. What to do with that data, however, is another question.

As Ted Driscoll, digital health director at venture capital firm Claremont Creek Ventures, sees it, the explosion of data is a definite boon for personalized medicine. Indeed, he said recently, “Medicine is becoming synonymous with big data – the data sets are just huge, now – but we had to wait for the IT revolution to happen and mature” in order to begin to put that data to use.

NCATS Research & Development Day will provide the unique opportunity to showcase the projects and technologies that have been incubating in a variety of NCATS drug development programs, including Therapeutics for Rare and Neglected Diseases (TRND) and Bridging Interventional Development Gaps (BrIDGs), to an audience of biopharmaceutical companies, venture capital, angel investors, foundations, and others. The object is to connect our collaborators with strategic partners that will provide financial and technical support to bring potential novel therapeutics to patients. The event will be held:

Thursday, September 12, 2013

Novartis Institutes for Biomedical Research        

Cambridge, Massachusetts

When: Wednesday July 24, 2013 from 4:30 PM to 7:00 PM EDT

Where: Growlers 227 E Diamond Ave Gaithersburg, MD 20877

Join us for a co-hosted BioBuzz and Women In Bio event with our sponsor, Social & Scientific Systems, Inc., along with many others from the local biotech industry at another exciting BioBuzz event on July 24th from 4:30 – 7:00 p.m. in Gaithersburg.  Due to an overwhelming positive response to the location, we’re continuing to holding the event this month at Growlers in Old Towne Gaithersburg. We’re excited to see all of you soon, so please register today!