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Greater Washington’s innovation economy needs boost or risks being ‘laggards’

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Greater Washington builds great startups – we just can’t keep them here.

Over the past 20 years, 105 D.C. area startups were sold for more than $1 billion, but only 16 of those deals kept the businesses in the region, according to a new report examining innovation in the D.C. area. And out of 6,000 business sales over the last 20 years, about 75 percent were to out-of-region purchasers.

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Healthcare Interactive expands Series A funding round by $3.4M – Washington Business Journal

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Healthcare Interactive Inc. has raised $3.4 million to bring on more clients for its health care planning business.

The new funding is an add-on to the company’s Series A round and was led by the Maryland Venture Fund, the state’s venture capital arm. Previous investors Grotech Ventures and Harbert Management Corp. also participated. The new funding brings Healthcare Interactive’s total Series A to $11.8 million.

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BioBuzz presented by JHU & UMB – Thursday May 26, 2016

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Join us this month at a special Baltimore BioBuzz to to showcase the region’s #1 ranked strength among other Biotech industry hubs – our talent. Graduate Student groups from JHU and UMB have come together to sponsor BioBuzz and welcome all of our regional industry partners to join them. They are all seeking to connect with and impact our regional industry and ecosystem and begin to show you what their vision of tomorrow looks like.

Come out on May 26th to the Baltimore BioBuzz at Heavy Seas Ale House to meet the leaders, innovators and entrepreneurs of tomorrow.

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BioNetworking – BioHealth Capital Region: Advancing Science. Accelerating Innovation. Tickets, Thu, May 26, 2016 at 3:00 PM

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Event is for Post-Docs & Professional Scientists currently working in the Therapeutic Areas of:

•Oncology

•Respiratory, Inflammation & Autoimmunity

•Cardiovascular & Metabolic Diseases

•Infectious Diseases & Vaccines

•Related scientific disciplines    

Event will include music, lawn games, hors d’oeuvres, drinks.

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