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The incoming legislative leader wants to leverage New Jersey’s legacy of innovation to help the working middle-class and grow the economy. Read more in the Innovation NJ update.

Assembly Speaker-elect: We Can Make NJ the new Silicon Valley According to Assemblyman Craig Coughlin, (D-Middlesex),”They all came from the same place — the transistors that powered radio to the digital cellular that powers our smartphones, fiber optics to LCD technology, groundbreaking computer programming language to the now ever-present barcoding. Surely these historic technological breakthroughs came from Silicon Valley, right? No. 

BioNJ Releases Its Recommendations to Governor-Elect Phil Murphy BioNJ, the trade association for New Jersey’s life sciences industry, has released “The New Jersey Biopharma Industry: A Prescription for Growth,” a white paper that lays out how the biopharma sector can promote economic growth across New Jersey. The paper offers pragmatic recommendations for growing the industry in the Garden State and for strengthening New Jersey’s competitiveness. 

Incentives and Small Business in NJ: At Issue with NJBIAThe NJ Economic Development Authority (EDA) has a well-deserved reputation as a major player in the state’s efforts to attract high profile companies. Its incentive packages were crucial in bringing the Philadelphia 76ers practice facility to Camden, and kept companies like Subaru from moving to other states. In fact, EDA is the primary source for the incentives to bring Amazon’s second headquarters to Newark. 

Five N.J. Colleges Make Kiplinger “Best Value” List Kiplinger has named Princeton University the best value in America, thanks to its generous financial aid, nonexistent student loans and low student debt upon graduation. The New Jersey college beat out North Carolina’s Davidson University for the title. They were followed by Swarthmore College, Harvard University and Duke University. 

Doctors, Biopharma Firms Have Complex Relationship Your recent editorial on physicians’ compensation from biopharmaceutical companies (“Must we twist docs’ arms against influence?”) mischaracterizes and oversimplifies those relationships, while completely failing to recognize their critical importance to patients and to advancing medical innovation. Anyone who attended or listened to the Division of Consumer Affairs’ Oct. 19 hearing on Attorney General Christopher Porrino’s proposed rules regarding industry-prescriber compensation heard a very different assessment of their potential adverse implications. 

AT&T Support for Stevens Helps More High School Students Explore College Life Through Immersive Pre-College Programs Stevens Institute of Technology Pre-College Programs allow promising high school students to create something from to start to finish: a business plan, a video game, an investment portfolio, a short animation. The rigorous and engaging summer learning program gives high schools students access to explore science, technology, engineering, arts and math (STEAM) fields of interest, gain hands-on experience and realize their college and career goals.

Rowan University Commits $50M for Medical Research at Cooper Medical School Rowan University’s Board of Trustees committed $50 million over 10 years to significantly enhance medical and bioscience research at the Cooper Medical School of Rowan University (CMSRU) in the City of Camden. Cooper University Health Care’s Board voted today committing to a collaborative effort to build a first-rate medical research program focused on recruiting top research and clinical faculty to develop breakthrough medical cures and treatments.

New NIH Pilot Provides Free SBIR Application Assistance Eligible small businesses that have not previously won an SBIR/STTR award from the NIH are able to apply for help through a pilot initiative, the Applicant Assistance Program (AAP). The primary goal of the AAP is to increase participation in the SBIR program by businesses that are owned or controlled by individuals who are traditionally underrepresented in the biomedical sciences.

Upcoming Events

Women’s Coding Coalition
When: Mon, Jan 15, 7pm – 8pm
Where: FUBAR Labs

JSWT #1: 2018 New Year Mixer Networking Meet & Greet
When: Tue, Jan 16, 6:30pm – 7:30pm
Where: High Voltage Café at 808 Springwood Avenue, Asbury Park

Newark Venture Partners presents its Demo Day
When: Wed, Jan 17, 1pm – 2pm
Where: Prudential Center, 64 Edison Place, Newark

TechLaunch is presenting its BullPen #7
When: Wed, Jan 24, 7pm – 8pm
Where: Rutgers University Business School in Piscataway

BioNJ 25th Annual Dinner Meeting & Innovation Celebration

When: Thurs, Feb 1, 2018
Where: Hilton East Brunswick Hotel & Executive Meeting Center, 3 Tower Center Blvd, East Brunswick