Venture capitalists invested a whopping $451 million in Maryland companies in the last three months of 2015, the largest quarterly amount in the state in 15 years.
Germany has a long-standing reputation for life science innovation. However, most pharmaceutical and biotech companies are now headquartered in the US, and significantly more digital health solutions are developed in Silicon Valley and Boston than in Berlin or Munich.
At its recent AgeTech Expo, Aging2.0 held the 3rd annual Pitch-for-Pilots (P4P) competition where market-ready startups pitched their innovations to senior care providers in the audience in hopes of securing pilot partnerships. Selected from more than 150 applications, the pitching companies presented the challenge they are addressing, their solution, what kind of pilot they would like to run and any requirements for the potential provider partner. The prize at hand for senior care partners? A free, 6-week pilot with at least 10 senior participants.
Hundreds of people packed into Morgan State University’s Murphy Fine Arts Center on Thursday for this year’s TEDxBaltimore. FEATURED JOBS Design Assistant / Project Manager C.N.Robinson
Entry Level Management Trainee – Marketing / Sales / PR GVG, Inc. Med Tech/CNA/Caregiver Brightview Senior Living Post a JobSee More Jobs The day-long event featured 15-minute talks from 17 speakers on topics ranging from scientific discovery and space exploration to prison reform and racial inequality. There were too many interesting ideas to talk about them all, but here are a few that captured my attention:
“We have released our annual Regional Report. The report benchmarks the region against other metropolitan regions, the national average and specifically markets comparable to the Greater Baltimore region. This year’s report analyzes the region’s employment, innovation, quality of life, jobs and investment.”
Venture capitalists invested more than $451 million in 14 different Maryland companies in the fourth quarter, tripling the amount raised in the third quarter. It was the state’s best quarter since the second quarter of 2006, when just over $406 million was raised.
This position is located in the Office of Technology Transitions and reports directly to the Director, Office of Technology Transitions. If selected for this position, you will manage the OTT staff, as the advisor to the Director, and provide continuity between administrations. The Deputy Director will be a senior level staff serving as a point of contact for entities like the Laboratory Operations (LOB), Laboratory Policy Council (LPC), and Secretary’s External Advisory Board (SEAB). The Deputy Director will manage the intra-agency tech Transfer Policy Board (TTPB). The Deputy Director will serves as an integral part of the Office of Technology Transitions, overseeing the day-today operations of the Office, continuously seeking efficiencies by providing oversight and coordination. The Deputy Director will develop and manage fit-for purpose oversight processed and procedures for technology transfer and reporting systems, including intellectual property, across the DOE enterprise. The Deputy Director will lead the development of annual OTT deliverables, working with appropriate DOE programmatic elements. The Deputy Director will lead OTT staff to ensure delivery of state of the art data management processes and solutions supporting effective technology transitions and outreach to the private sector. The Deputy Director will lead interactions needed with the Executive Office of the White House, the Office of Management and Budget (OMB), the General Services Administration (GSA), Congressional Committees and Subcommittees, State Officials, the non-profit sector, and other non-commercial entities to ensure DOE technology transitions polices and priorities are appropriately linked with related initiatives, and to improve existing, or develop new, processes and procedures for supporting technology transfer solutions.
The Obama administration has launched a ‘moonshot’ initiative to cure cancer that will involve increasing resources – both private and public – to fight cancer and break down walls between disciplines in the oncology arena. The effort will be led by vice president Joe Biden, who lost his son to brain cancer last year, President Obama announced during his final State of the Union speech. Biden worked with Congress last month to provide the US National Institutes of Health with its strongest budget in over a decade, Obama noted. ‘Let’s make America the country that cures cancer once and for all,’ he added.
Washington-area businesses raised more venture capital in the fourth quarter than they had in any quarter since 2001 — largely due to a few large deals.
The surge is not likely to be repeated soon given the recent stock market turmoil. Indeed, venture funding nationally declined during the period.
The TCM Industry Awards Celebration is the only awards ceremony that honors the best in Maryland’s technology and life science communities and is one of Maryland’s largest and most prestigious award ceremonies.
Awards go to those who develop the treatments, design the systems, and teach the children. It’s a celebration of great minds and the companies that believe in the future, and is attended by over 800 executives from the technology and life science industries, drawing a significant amount of local and national publicity.