To increase new company creation and commercialization of its leading-edge research, the University System of Maryland (USM) is launching a $25 million early-stage investment fund to be known as the Maryland Momentum Fund.
The money-raising process for start-up companies typically is an uneven one. Therefore, the Maryland Momentum Fund will concentrate on filling gaps in the funding pipeline to push USM’s most innovative ideas into the marketplace.
Emergent BioSolutions Inc. (NYSE:EBS) today announced that it has signed a two-year contract with the Biomedical Advanced Research and Development Authority (BARDA), a division within the Office of the Assistant Secretary of Preparedness and Response, valued at $100 million for the delivery of BioThrax® (Anthrax Vaccine Adsorbed) to the Strategic National Stockpile (SNS). This contract satisfies BARDA’s notice of intent to sole source BioThrax that was issued on December 8, 2016 and is separate from and in addition to the company’s $911 million BioThrax procurement contract with the Centers for Disease Control and Prevention (CDC). BioThrax pricing under this BARDA procurement contract is the same as BioThrax pricing under the CDC follow-on contract.
“Emergent is pleased to support BARDA in its efforts to enhance the nation’s preparedness against the threat of anthrax,” said Adam Havey, executive vice president and president biodefense division at Emergent BioSolutions. “Emergent is committed to developing and manufacturing preparedness solutions that address our customers’ needs to protect against a broad spectrum of public health threats.”
Pharmaron, a fully integrated contract research organization offering R&D services to the life sciences industry, today announced that it has signed a definitive agreement under which Pharmaron will acquire a majority stake in Shin Nippon Biomedical Laboratories Clinical Pharmacology Center, Inc. (“SNBL CPC”) in Baltimore, Maryland, USA. This clinical center is a leading provider of moderate and highly complex Phase I/II clinical development services for the life sciences sector. Current shareholder Shin Nippon Biomedical Laboratories, Ltd. (SNBL) (TSE:2395) will retain a minority stake in the business following the transaction.
SMC Campus Center 621 West Lombard Street Elm Room A & B Baltimore, MD 21201
The Entrepreneurship and Innovation Network (EIN) is pleased to present the 1st annual Entrepreneurship and Innovation Expo at University of Maryland, Baltimore.
Join us for a half day event celebrating all of the entrepreneurial and innovative endeavors at UMB. Events will include talks entrepreneurs at the student, faculty and student levels as well as a keynote presentation from the UMB Presidents White Paper Fellows. Other events will include tabling sessions from local entrepreneurial entities and groups.
A new 40,000-square-foot accelerator space for Johns Hopkins is officially online in East Baltimore, and set to be home to nine startups by April.
FastForward is housed in the newest, $65 million building in the Hopkins biotech park, at 1812 Ashland Ave. It was designed to help young companies with all of their growing business needs, from conference rooms to office space to lab space. The new space replaces the former six-office hub near the Hopkins medical campus.
Digital health leader WellDoc® and the Healthy Trucking Association of America (HTAA) announced today their partnership to help truckers living with diabetes. Additionally, WellDoc unveils its consumer diabetes health app, BlueStar® C, which is designed to aid individuals living with diabetes to manage their chronic condition.
Both organizations, through this initial launch, will introduce BlueStar C to truckers and fleets at the Mid-America Trucking Show (MATS) in Louisville, Kentucky, which takes place from March 23-25. Renegade Radio Nashville (RRN) is also partnering with HTAA and WellDoc, as the national media partner for BlueStar C. RRN’s President and COO Jack Aponte (also known as on-air personality “Captain Jack”) will join the HTAA and WellDoc teams at the MATS Booth (#76 173) to help introduce BlueStar C to truckers and fleets in attendance at the meeting. Access to and set up for BlueStar C will be available at MATS for the trucking audience.
The March EAGB Breakfast Series panel features leaders who are shaping the future of economic development through placemaking strategies and innovation districts. The EAGB invites you for breakfast and an engaging discussion on this topic of particular interest to the Greater Baltimore region. The Breakfast Series seeks to shine a light on the region’s assets and share the wisdom of its thought leaders – including those from industry, government and education. Join us!
The University of Maryland, Baltimore (UMB) today announced the appointment of Marco Chacón, PhD, as Assistant Vice President, Industry Alliances. In this role, Dr. Chacón, a seasoned biopharmaceutical executive and entrepreneur, will work with the Office of Research and Development, UM Ventures, and University of Maryland BioPark teams, leading special projects to grow the BioPark tenant base and strengthen the University’s research collaborations with industry.
“Marco is a distinguished scientist, entrepreneur, and biopharma CEO who has spent many years working as a valued member of the UM BioPark community,” said James L. Hughes, Vice President and Chief Enterprise & Economic Development Officer and president of the corporation that manages the UM BioPark. “His accomplishments leading a successful contract development and manufacturing organization, along with his deep industry and government connections, make him a superb addition to our team at UMB.
The 2017 Maryland Incubator Company of the Year Awards publicly recognizes achievements by current clients and graduates of Maryland incubators and provides a forum for the nominees to increase their visibility in the business, technology and investment communities.
Business incubators support new and early-stage businesses in Maryland. In 1986, the first public incubator was established at the University of Maryland in College Park. Recognizing the economic challenges facing new companies, business incubators are facilities that provide reasonable market rents, shared services and technical assistance to start-ups and early-stage companies, including manufacturing, biotech, service and technology firms.
A pair of medicine and nursing alumni have made a $1.5 million gift to the University of Maryland’s Health Science & Human Services Library to establish a health care innovation center.
The center intends to provide an encouraging environment where doctors, medical students, nurses and other practitioners think in new ways about how to improve the doctor-patient relationship as a means of improving health care delivery, according to university officials who announced the funding Thursday.
The Trump Administration’s skinny budget proposal released today calls itself, “A Budget Blueprint to Make America Great Again.” From the information contained in the document, it is clear the Administration does not view science, technology, innovation and entrepreneurship and the economic development efforts built around those activities as the path forward to making “America great again.” The program eliminations and drastic cuts are not the way to move the country forward economically. So what is behind this proposal? Two things: 1) a fight over the proper role of the federal government in the economy, and 2) a negotiating tactic to attempt to lull advocates into thinking program survival or lesser cuts are a victory. A full community response is needed and all of us must get off the sidelines and on to the playing field.
SineWave Ventures wants to bring money and ideas together. Vornado’s got the office space to make it happen. And Arlington County wants to back the pairing to boost jobs, tax revenue and the economy.
The three are working together on The Venture Hub, which will locate at Vornado Realty Trust’s (NYSE: VNO) 2231 Crystal Drive in Crystal City — the same building where stalwart incubator 1776 leases space.
Under Armour has hired a former General Motors executive to serve as chief innovation officer.
Clay Dean, who will help the Baltimore sports apparel brand shape its global innovation vision and strategy, will work from the Baltimore headquarters and report to Kevin Haley, president of category management and innovation, the company said Monday.
The University of Maryland is planning to expand entrepreneurship space and activities at its campus in Baltimore, and a new innovation center on the southwest side of the city is part of the plans.
The aim is to open a new space during the summer, UM Ventures Director Jim Hughes said at a President’s Symposium event at the UMB campus. The location of the new space has yet to be finalized.
If you are a seed, early stage or start-up high technology company in the areas of Life Sciences, Biotech, Alternative Energy or Cyber Security, then you do not want to miss this seminar. This year the MWBC is rolling out a new Advanced Technology Program, and we want you to join us for our FREE introductory session on the resources that will help you grow. We will feature a panel discussion with representatives from TEDCO, MTECH, and MD Department of Commerce to discuss competition, alternate sources of funding, tech transfer/licensing, and commercialization. Also to be featured are incubator programs and their services in Montgomery, Frederick and Prince George’s Counties. This informative seminar will acquaint you with resources and programs that will help lay out a strategic approach for your company to take it to the next level. Register today as space is limited.
The Maryland Industrial Partnerships (MIPS) Program provides funding for university-based research projects that help Maryland companies develop technology-based products, combining the creative expertise of Maryland’s university faculty with the drive of the state’s entrepreneurs and companies. Up to $100,000 per year is available for each project.
Tue, April 4, 2017 7:00 AM – 11:00 AM EDT Add to Calendar LOCATION
Hyatt Regency Bethesda, One Bethesda Metro Center (7400 Wisconsin Ave) Bethesda, MD 20814
The Big Idea CONNECTpreneur Spring Forum BETHESDA April 4, 2017
First time attendees use code “LORE” for 40 percent off!
“The Best Networking Event in the MidAtlantic.”
This will be our 23rd consecutive SOLD OUT event over the last 5 years! Over 70% of previous attendees surveyed say that CONNECTpreneur is the “Number One” tech and investor event in the Mid-Atlantic region!
DCInno calls CONNECTpreneur “The Best Networking Event in DC” and a “NETWORKING JACKPOT” of the Region’s TOP Entrepreneurs, Business Leaders, CXOs, Angels, and VCs.
Old Town Pour House, 212 Ellington Blvd, Gaithersburg, MD 20878
The Maryland Tech Council (MTC) is hosting our inaugural Young Professionals Society event at Old Town Pour House in Gaithersburg. Join us for a networking cocktail reception to meet and mingle with other young professionals in Maryland.
The Maryland Tech Council’s Young Professionals Society advances young professionals through leadership and professional development, networking opportunities, educational events and community outreach. The society strengthens the life science and technology communities in Maryland by providing an opportunity for collaboration among these two industries.
The Mid-Atlantic Life Sciences Showcase is quickly becoming the show to attend. We have had overwhelming interest in this show and we’ve made improvements again this year. The show features:
Over 75 exhibitors expected from all areas of the biotech and pharmaceutical industry including: universities, manufacturing, research, government, suppliers, and more.
It’s fair to say we’ve entered a new era in biotech and pharma. Whether it’s diagnostics, drug development or medtech; informatics, mathematics and machine learning are marching their way in. Biology is being digitized. Big Data is taking population-wide information and distilling it down for treatment plans at an individualized scale.
On an afternoon in early February, Richard May, the head of a new Baltimore nonprofit, stands braced against the wind and sketches out a vision for West Baltimore. It begins here, on a blighted section of North Avenue not far from the Maryland Institute College of Art, where a graveyard of a public housing project, unoccupied for almost two years, is currently being torn down.
A growing tech industry is often considered the ultimate sign of a healthy local economy. By that measure, the Bay Area still stands at the top of the heap in the United States, but our survey of the metropolitan areas with the strongest tech job growth turns up some surprising places not usually thought of as tech meccas.
When Americans think about U.S. leadership in the world, they often think of military power, famous presidents, or economic achievement. But they might be less likely to name an area in which the United States has led the world for decades: science.
From lifesaving vaccines for devastating diseases like smallpox and polio, to novel materials like semiconductors and superconductors, to robotic rovers that can explore Mars, science has made possible discoveries that revolutionized the world, and much of it started right here in the United States.
Amid the uncertainty surrounding immigration laws, five of the city’s colleges are teaming up in an effort to help foreign student entrepreneurs stay in Chicago to build their startups.
Mayor Rahm Emanuel plans to announce this afternoon that Columbia College Chicago, DePaul University, the Illinois Institute of Technology, Loyola University Chicago and Northwestern University each will adopt global entrepreneur-in-residence programs.
USDA ARS and the USDA SBIR program formed a partnership to encourage USDA SBIR applicants to develop research collaborations with ARS scientists and/or to license ARS technologies. The purpose is to increase the likelihood of success by providing both money and technologies to small U.S. businesses. The relevant language in the SBIR’s “Request for Application” states: “Additional factors that will be considered in the review process include whether an application involves a Cooperative Research and Development Agreement (CRADA) with a USDA laboratory, or a license to a USDA technology, or is a resubmission.”
This webinar will include an overview of the USDA SBIR program and crafting a competitive SBIR proposal. Also an overview of ARS and how to develop a successful research collaboration (CRADA) with an ARS scientist and/or license an ARS technology will be discussed. The webinar will address coordinating the statement of works in an ARS CRADA and a USDA SBIR proposal.
Bill Schmidt, Managing Partner of Cultivation Capital’s Life Science Fund, is optimistic about the future of Life Science investment in St. Louis. He said, More capital is flowing in St. Louis, with us, BioGenerator, RiverVest Venture Partners, Lewis & Clark Ventures, Ascension Ventures, iSelect Fund, St. Louis Arch Angels, Missouri Technology Corporation, and others. And, we are starting to get attention from upmarket VC firms on the coasts, which is great, as our companies are going to need it.”
For industries that depend on innovation, sustaining it is a constant challenge. This is particularly the case in biopharmaceuticals, where turning molecules into medicines is notoriously fraught with risk, and failure.
When one of us (Vivek) and his team launched Roivant Sciences in 2014 and began developing treatments for Alzheimer’s disease — they were determined to learn from the pharma industry’s innovation issues and build a more sustainable innovation engine. After extensive assessment, they settled on two initiatives: realigning incentives for employees and systematically introducing outside talent and practices.
I’m in the process of writing an e-book for publication this summer called A Bold Approach to Grants Research. This book encourages grantseekers to challenge their thinking when it comes to identifying funders for a particular program or project.
I am writing this book because I think we often get stuck in a rut when it comes to seeking support. We tend to drift toward those grantmakers who have supported us in the past, or grantmakers we think should have supported us! We rely on the regional community foundation, or the family fund that is most active in our area. We turn to those two or three businesses that seem to support everything (even if it is a small amount). It is hard to break out of this mold not only because we are familiar with these grantmakers, so approaching them seems easier, but also because we really don’t know where else to look or how to think about funding in a different way.
Join us at the Sinai Hospital BioIncubator in Baltimore on March 23rd for 2 great events. First hear from Yair Flicker, CEO of SmartLogic, who will share advice on hiring your first 10 employees. Then, stick around for some great networking at the BioBuzz event. Come for one, or come for both, just don’t miss it!
Event Details:
4-5:30 pm: Distinguised Speakers Series featuring Yair Flicker
Topic: How Not to Hire Your First 10 Employees: Lessons from the Trenches (Sinai Hospital Board Room)
5:30-7:30 pm: BioBuzz Networking @ the Sinai BioIncubator
Location: Sinai Cafeteria
If you are an emerging biotech or life science company, the Sinai Hospital BioIncubator could be the ideal solution for your laboratory needs.
Their Mission as a business incubator is to improve human health by bringing together emerging businesses, innovative technologies and leading physicians. The future of healthcare is here and they invite you to be a part of it.
One of the most important and difficult jobs for startup founders, entrepreneurs, and CEOs is raising money. This workshop is built on the foundations of Pitch Creator, an online self-paced learning resource for CEOs to develop their pitch. Join us for an in person experience to ask questions, get feedback, meet the experts and build your strongest pitch. Over a two-part series we will guide you through an efficient process of developing an effective pitch, while also explaining the “why” behind many of the topics so you will be able to adapt your presentation to your audience and over time as your business changes.
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