Innovation NJ Update: Stemming the Tide of STEM Students’ Outmigration
Stemming the Tide of STEM Students’ Outmigration
Brain Drain. It’s the phrase for the best and brightest New Jersey high school students leaving the state. And it’s a frequent lament of business leaders, politicians, university officials, economists and – for those of us paying out-of-state tuition – parents. The Research & Development Council of New Jersey is doing something about it. In fact, it has been for the past five years. The Governor’s STEM Scholars program identifies nearly 100 top scholars in the state – in high school through doctoral programs – and runs a yearlong research program that aims to show them all of the possibilities in STEM that exist in New Jersey if they stay home for school.
South Jersey Healthcare Startup Raises $3.5 Million
A South Jersey life sciences company developing a blood test for the early detection of Alzheimer’s and Parkinson’s disease, when treatments are likely to be more effective, has raised $3.5 million in equity financing. The private stock sale was disclosed by Durin Technologies Inc. of Mullica Hill in documents filed with the Securities and Exchange Commission.
BioNJ Announces the 2020 Innovator Award Honorees
The year 2019 proved to be an exciting one for the industry in New Jersey with 50% of all new novel FDA drug approvals (24 out of 48 new molecular entities) coming from companies with a footprint in the State! BioNJ will honor each of these companies with an Innovator Award during its 27th Annual Dinner Meeting & Innovation Celebration on Thursday, February 6, 2020 at the Hilton East Brunswick.
What’s Really Driving Disruption (It’s Not Technology)
The emergence of a new technology is often cited as what drives the disruption of an industry or business. But that’s not true in most cases, according to Harvard Business School professor Thales Teixeira. Instead, startups disrupt established companies by decoupling the customer value chain…
Help fo NJ Small Businesses Seeking Federal SBIR/STTR Funding
The New Jersey Commission on Science, Innovation and Technology (CSIT) is now accepting applications for grants through the New Jersey Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Support Program.
ESI’s Expertise in Tech Thought Leadership
ESI is proud to participate in two recent projects of ESI ThoughtLab, both of which involve synthesizing information from global industry leaders on critical issues facing corporations and governments around the world.
New Jersey’s Angel Investor Tax Credit Program Now Providing Increased Benefits to Investors
The New Jersey Economic Development Authority (NJEDA) issued a reminder today that the expansion of the State’s Angel Investor Tax Credit Program went into effect on January 1, 2020. New Jersey’s Angel Investor Tax Credit Program offers a refundable tax credit against New Jersey corporation business or gross income tax for qualified investments in an emerging technology or life sciences business with a physical presence in New Jersey that conducts research, manufacturing, or technology commercialization in the state.
$10M for Liberty Science Center’s ‘SciTech Scity’
SciTech Scity, Liberty Science Center’s planned campus to launch and grow dozens of world-changing science and technology companies and reimagine K-12 science education, received a major boost last night when Paul Hoffman, LSC president and CEO, announced a gift of $10 million from distinguished philanthropist, statesman, and real estate developer Frank J. Guarini.