BIA LEARN Training Courses Now Available LEARN MORE!

Black, Latino Angel Fund Backed by Rutgers Is Ready to Hear Entrepreneurs Pitches
According to Esther Surden, the Black and Latino Angel Investment Fund of New Jersey is about to hear pitches from the first three entrepreneurs hoping for investment. The fund, started by Lyneir Richardson, executive director of the Center for Urban Entrepreneurship & Economic Development at Rutgers Business School in Newark, has 10 angel investors and has raised $500,000 so far.

Workforce of the Future Initiative Aims To Close Skills Gap In Biopharmaceutical Industry
According to Joanne S. Eglovitch, “The biopharmaceutical industry is collaborating with academia in an initiative launched last year in the hope that by teaching university classes, industry experts can help to fill a widening workforce gap in cell and gene manufacturing, continuous manufacturing and combination products. There is a shortage of workers in these areas and more partnerships with academia are needed to address the problem, say industry officials and a representative of academia at a recent meeting.”

U.S. National Nanotechnology Initiative strong but future threatened by rise in global R&D competitors
According to SSTI, The National Academies of Sciences, Engineering, and Medicine says although the U.S. has maintained a strong R&D program, it is increasingly challenged by international competitors. Specifically, the report names China as the primary contender for the U.S.’ spot at the top.

Bio/Teconomy’s Report Confirms NJ’s Continued National Industry Leadership
New Jersey is being touted as a national leader at the BIO Digital International Convention taking place this week. BIO/TEConomy’s report, “The Bioscience Economy: Propelling Life-Saving Treatments, Supporting State & Local Communities,” analyzes the bioscience industry’s economic footprint across the nation.

NJ Assemblywoman Carol Murphy Pushes for Expanded 5G Network
According to NJ Globe, Three Assembly Democrats have introduced legislation to help expand 5G internet networks throughout New Jersey. The bill would create statewide regulations to ease the process.

Limiting L-1 Visas: How to Harm America’s Business Climate and Kill Jobs
According to ITIF, The Trump administration has rightly made a big push to get more foreign companies to locate operations in the United States and get American-headquartered multinationals to move more work back onshore.

Rutgers Signs Agreements to Advance Gene Therapy Research for Congenital Muscular Dystrophy with Santhera Pharmaceuticals
The fight against muscular dystrophy is now stronger as Rutgers University signs two agreements with Santhera Pharmaceuticals to advance pioneering research for the treatment of congenital muscular dystrophy. The agreements – one licensing agreement and a research collaboration – complement the ongoing research of Peter Yurchenco, professor of the Department of Pathology and Laboratory Medicine at Rutgers Robert Wood Johnson Medical School.

How China’s Mercantilist Policies Have Undermined Global Innovation in the Telecom Equipment Industry
According to ITIF, “The telecommunications equipment industry serves wireless and wireline providers, including for voice, data, and video. The industry is technologically sophisticated, yet nowhere near mature. In the wireline industry, both switches and cabling regularly improve in speed and capacity. Each new generation of wireless technology-now moving into its fifth, known as 5G-brings order-of-magnitude improvements in wireless networks.”