
Learning from Each Other: U.S. and European Perspectives on Small Business Innovation Programs
March 19, 2015
Lecture Room National Academy of Sciences 2100 C Street, NW Washington, DC

Learning from Each Other: U.S. and European Perspectives on Small Business Innovation Programs
March 19, 2015
Lecture Room National Academy of Sciences 2100 C Street, NW Washington, DC

The Maryland Senate confirmed R. Michael Gill on Friday as Gov. Larry Hogan’s secretary of business and economic development.
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The vote was 44 to 1, with Sen. Joan Carter Conway, a Baltimore city Democrat, dissenting.

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It’s not exactly news that the San Francisco Bay Area is a hot spot for tech startups, but let’s say you’re ambitious, talented and armed with a great idea but you don’t want to move there. What other places should you consider?
Or let’s say you’re ambitious, talented and looking to land a job at a tech startup. Where, outside San Francisco and Silicon Valley, are prospective tech employers?

Virginia’s Center for Innovative Technology is teaming up with the Department of Homeland Security to create a new business accelerator programfor creating wearable technology for first responders.
The EMERGE! program is designed to help business accelerators find entrepreneurs with ideas for wearable technology useful to first responders, whether federal law enforcement or local police, EMTs and firefighters. Putting advanced sensors, communication and other electronics into equipment that they can wear on the job could be a major boon for them.

Austria-based diabetes app company mySugr has raised $4.8 million from Roche Ventures and iSeed Ventures. Existing investor XLHealth also contributed to the round, which will help mySugr scale up its user base in the US and other other countries. iSeed Ventures is a new fund that has only made a half dozen investments so far, and it is led by former iHealth Lab head Adam Lin.
MySugr offers a handful of apps, but its flagship is called Diabetes Logbook, which is designed for people with type 1 or type 2 diabetes and includes logging, graphing, analysis, “exciting challenges”, “smile-inducing feedback”, and Apple Health integration. If users sign up for a month-to-month or annual subscription, pro features include additional challenges, automatic blood glucose logging from connected devices, reminders, and more report formats. Its Logbook app is registered as a class 1 device with the FDA and has similar status in Europe.

The District will enter a partnership with Howard University to offer below-market rent for on-campus space to venture capital firms, D.C. Mayor Muriel Bowser announced Wednesday. The details right now are a little scarce, but here’s what is known so far:

This year’s Top 10 U.S. Biopharma Clusters List features the same 10 regions as last year’s GEN List, but the top seven occupy slightly different positions than they did in the 2014 list.
One factor in the changes this past year has been a recovering venture capital market, which pushed numbers above last year’s totals for most, though not all regions (three showed declines and one was flat over 2013). For example, the top region racked up $1.82 billion in 2014, versus $1.447 billion in 2013.

Maryland has received $7.6 million from the U.S. Treasury Department to support small business financing programs.
The award to Maryland’s Department of Business and Economic Development is part of the State Small Business Credit Initiative (SSBI), a $1.5 billion treasury department program launched in 2010. The federal government has committed to $23 million in SSBI funding to Maryland, to be awarded in three tranches. The $7.6 million award announced Wednesday is the second tranche and brings the total funding Maryland has received through the program to $15 million since 2011.

Each year, millions of people lose billions of dollars in NCAA March Madness basketball pools. Still, most return the following year for another pummeling.
But flipping a coin yields better results than carefully selecting brackets, says Dae Hee Kwak, assistant professor of sport management at the University of Michigan School of Kinesiology.