Rutgers University has joined the list of institutions that are investing in high-tech research Its new TechAdvance funding program offers grants for promising new technologies that have strong potential for commercial success but are not far enough along to attract private investors…

Rutgers University Launches TechAdvance Funding Program to Advance Inventions Toward Commercialization Rutgers University’s Office of Research Commercialization (ORC) announces TechAdvance, a new fund created to advance Rutgers technologies toward commercialization. The fund offers grants of up to $100,000 for promising technologies in areas including life science, physical science, engineering, agriculture and IT that have strong potential for commercial success but are “too early” for investors or industry partners.
PhRMA ‘Pipeline’ Report: 74 Percent of Medicines in Development Have Potential to Be First-in-Class Treatments Seventy-four percent of medicines in clinical development around the world are potentially first-in-class medicines, meaning they use a completely new approach to fighting a disease, according to a new report by The Analysis Group, Inc. commissioned by the Pharmaceutical Research and Manufacturers of America (PhRMA). “The Biopharmaceutical Pipeline: Innovative Therapies in Clinical Development” report examines the global state of the drug development pipeline and provides insights into new approaches biopharmaceutical researchers are pursuing.

Sixers Innovation Lab in Camden Officially Opens to Entrepreneurs; Four Companies Taking Space Vince Calio reports in NJBIZ that the Sixers Innovation Lab Crafted by Kimball officially opened with a ribbon-cutting ceremony on July 18 at the NBA’s Philadelphia 76ers’ training facility in Camden. The 8,000-square-foot, state-of-the-art Innovation Lab is located at the base of the 76ers’ business operations facility. It is opening its doors with four startup companies that will receive coaching and guidance from Seth Berger, the lab’s managing director. Berger is also the founder and former CEO of startup sneaker and sports apparel company AND1.

McKinsey & Company Study Suggests Ways NJ Could Bolster Economy; State Has Failed to Live Up to National Figures  Meg Fry reports in NJBIZ that global management consulting firm McKinsey & Co. on July 18 released a new study examining New Jersey’s post-recession economy and suggestions on how businesses and organizations in the state could most effectively work together to add more than 250,000 jobs and $150 billion to the economy over the next decade.

White House Office of American Innovation Established; Eyes Multiyear Projects to Transform Federal Service, Says Strategic Initiatives Director President Donald J. Trump has announced the White House Office of American Innovation (OAI). The statement said the OAI will make recommendations to the president on policies and plans that improve government operations and services, improve the quality of life for Americans now and in the future, and spur job creation. These recommendations will be developed in collaboration with career staff along with private-sector and other external thought leaders.
Vice President Joe Biden and Dr. Jill Biden Launch Biden Cancer Initiative; Aims to Make Progress in Cancer Prevention, Detection, Treatment, Care President Joe Biden and Dr. Jill Biden on June 26 launched the Biden Cancer Initiative, their new venture to continue the fight to make progress in cancer prevention, detection, treatment, and care. The launch event was highlighted by Vice President and Dr. Biden joining members of the Biden Cancer Initiative Board of Directors for a conversation about the mission of the initiative, the issues it will address, and the promise of what they hope to accomplish together.
Stevens Institute of Technology Researchers Receive Carnegie-MacArthur Award to Raise Nuclear Terrorism Awareness, Develop VR for Public Education A joint program funded by the Carnegie Corporation of New York and the John D. and Catherine T. MacArthur Foundation has awarded a trio of Stevens Institute of Technology faculty researchers $500,000 to broadly assess and redefine U.S. civil defense. They will study how to communicate the latest science and technology to educate the public about the threat of nuclear terrorism as well as what measures to take if a nuclear event occurs.

Rowan’s College of Education Joins Consortium for the Carnegie Project on the Education Doctorate Rowan University’s College of Education was recently accepted as a new member of the Carnegie Project on the Education Doctorate (CPED). Headquartered at the University of Pittsburgh’s School of Education, CPED is both a collaborative effort to promote excellence for the educational doctorate (Ed.D.) and a design-based research project. Rowan will join 21 other new institutions and 80 existing members committed to learning together and engaging in a process of innovation.
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NJ Strategic Design + Tech’s Introduction to Machine Learning with H2O
When: Wed, July 26, 6 pm – 8:30 pm
Where: Bell Works, 101 Crawfords Corner Road , Holmdel

NJ Tech Council Mid-Summer Acceleration Cruise
When: Wed, August 9, 6 pm – 9:30 pm
Where: Jersey City

NJ Health Care Talent Network’s 2017 ‘Health IT Summit’
When: Mon, August 21, 9:30 am – 3 pm
Where: Rutgers College Avenue Student Center in New Brunswick

2017 ManufactureNJ Industry Summit — Save the Date!
When: Wednesday, Aug 23, 2017
Where: NJIT, Newark