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University Economic Development Association (UEDA) seeks nominations for 2013 Awards of Excellence – University Economic Development Association

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The University Economic Development Association (UEDA) is currently seeking nominations for its annual Awards of Excellence program, which recognizes leading edge university-based economic development initiatives from across the country. The Awards of Excellence Program recognizes higher education institutions and their partners who are transforming their campuses into engines of economic prosperity through creative initiatives in five categories: 

  1. Community Connected Campus: initiatives that promote the physical development of quality connected campuses and their surrounding communities;
  2. Research and Analysis: initiatives that enhance the capacity of colleges and universities to provide new forms of research and tools for community, economic and workforce development practitioners;
  3. Leadership and Collaboration: initiatives that support the development of collaborative economic development strategies and the leaders required to implement them;
  4. Innovation and Entrepreneurship: initiatives designed to support startups, high-growth companies and clusters within a region; and
  5. Talent Development: initiatives that promote the development of 21st-century skills.
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FastForward Opening Celebration June 27 – LAST CHANCE TO RSVP

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June 27th, 3:30-5:30pm

Join Nicholas P. Jones, Benjamin T. Rome Dean, Whiting School of Engineering to celebrate the launch of FastForward.

There are a few spots left.
RSVP today!
410-516-8723 / engineering@jhu.edu

Get a preview of the innovative technologies created by Johns Hopkins faculty, postdoctoral fellows, and students in the FastForward accelerator and see examples of entrepreneurship from across the university. Learn how FastForward, a unique innovation system, can increase the probability of a startup’s success.

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Ocular Proteomics, a National Retina Institute Spin Out, Relocates to UM BioPark

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The University of Maryland (UM) BioPark announced today that Ocular Proteomics, LLC (OPL), a startup biotechnology company leveraging a new class of biomarkers found in vitreous fluid of the eye to more accurately diagnose and treat retinal diseases, has recently relocated to Building One of the BioPark from Baltimore County. Led by world-renowned and internationally respected retinal surgeon Bert M. Glaser, M.D., OPL is a spin out of the National Retina Institute. OPL’s move to the BioPark comes on the heels of the company’s $1.2 million dollar Small Business Innovation in Research (SBIR) phase 2 grant from the National Institutes of Health. In its new space, OPL will be conducting the research phase of a multi-center clinical trial, which will include 200 patients with macular degeneration.

Said Jim Hughes, President, Research Park Corporation, University of Maryland Baltimore, “The BioPark has once again attracted an innovative and important start-up to our location. We’re pleased to welcome Dr. Glaser and Ocular Proteomics to our roster of commercial tenants. Dr. Glaser founded Ocular Proteomics to use personalized medicine to drastically change the way blinding diseases are diagnosed and treated.”

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AstraZeneca: MedImmune, AstraZeneca’s Biologics Arm, and NGM Biopharmaceuticals Announce Agreement to Discover and Develop Therapies for Diabetes and Obesity

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AstraZeneca (STO:AZN)(LSE:AZN) today announced that MedImmune, its global biologics research and development arm, and NGM Biopharmaceuticals, Inc. have entered into an exclusive agreement to discover, develop and commercialise novel therapeutics from NGM’s enteroendocrine cell (EEC) programme for the treatment of type 2 diabetes and obesity.

EECs represent less than 1% of all gastrointestinal (GI) cells, but produce virtually all of the known GI hormones, including GLP-1. EECs are an underexplored source of novel hormones that could play a major role in the positive and negative regulation of metabolism and glucose homeostasis. NGM has established a proprietary platform capable of isolating and analysing EECs in order to identify novel secreted peptide hormones that are potentially linked to the profound metabolic effects of bariatric surgery and serve as potential targets for the treatment of metabolic diseases.

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What are the top 5 ways physicians use tablets and smartphones in their medical practice? – MedCity News

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It’s a popular sport among startups and the mobile vendor community to figure out what physicians are willing to do on their tablets and smartphones. It has to be said that some of them have come up with some pretty compelling approaches to deepen the relationship between physicians and their mobile devices.

But what is really going on in their practices? In two studies generated from a survey by AmericanEHRPartners of 1,400 with responses from about 696 physicians and 150 allied health professionals has uncovered some interesting information. AmericanEHRPartners was formed in 2010 by formed by Cientis Technologies and the American College of Physicians to help physicians compare and implement electronic health records.

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With new $1.7M collaborative grant, U-M, Johns Hopkins researchers will develop dementia treatment tool for family caregivers – UofMHealth.org

By News Archive

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Aside from memory loss and cognitive impairments, often the most difficult aspect of caring for people with dementia is treating their disruptive changes in behavior.

With no reliable medications to treat them and limited information for caregivers regarding alternative therapies, these behavior changes are frequently the source of increased upset, stress and burden to families and often result in nursing home placement.

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A personal account of translating discoveries in an academic lab : Nature Biotechnology : Nature Publishing Group

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Robert Langer shares the experiences and lessons learned through his involvement with more than two dozen biotech startups.

I started my first company in 1987 because I realized it was an effective path for transforming science into life-saving and life-improving inventions. Startup companies provide one means for accomplishing ends that interested me: creating products that have a positive effect on human health. I did this first with a colleague (Box 1), but through the years I have also started many companies with students and postdocs in my MIT lab.

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BioMaryland Center Angel Investor Tax Credits

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6/28 DEADLINE to reserve your place in line for Maryland’s
FY2014 Biotechnology Investor Incentive Tax Credits. 


$10M (up to $1.5M/co.) distributed first come-first served to investors in MD QMBCs*:

QMBC requirements include:

  • At least 1 full time employee (cash compensated, not equity) & fewer than 50employees; and
  • A lease or ownership oflab or office space in Maryland; and
  • $100,000 in capitalization (sources:equity, convertible debt, long term loans, SBIR financing); and 
  • Evidence of innovative biotechnology research owned by the company and conducted in MD; and
  • BIITC participation for 10 or fewer years; or
  • For first time applicants: 10 or fewer years in business (12 years if in a FDA regulatory process)




If your firm qualifies for QMBC certification by Maryland’s Department of Business and 
Economic Development (DBED), your investors may be able to receive a 50% credit on their 
investments in your company. 



6/28 is the deadline to apply to receive a pin number providing access to the 
7/8/13 electronic line-up for FY 2014 BIITC funds. 



For more information regarding the BIITC and other state funding programs and access to the BIITC 
investor and company application forms on the DBED web site, check online: www.Bio.Maryland.gov.


*QMBC status will not be determined until after the electronic line-up as applications are being reviewed.


**Additional funds may be available after those requested at the initial electronic line-up on 7/8/2013.

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SBIR & the difference between a Federal Government grant and contract

By News Archive

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Many times when I talk with small businesses, they don’t fully understand the difference between a Federal Grant and a Federal Contract. It is important for a small business to completely understand if their government funds are coming from a grant or a contract.  The terms and conditions surrounding each have somewhat unique requirements that may have implications on how the business handles the award and, in particular, the accounting related to that award. 

The Government defines the difference in fairly easy to understand terms (for the government) at the grants.gov website:

A Grant is an award of financial assistance, the principal purpose of which is to transfer a thing of value from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States (see 31 U.S.C. 6101(3)). A grant is distinguished from a contract, which is used to acquire property or services for the federal government’s direct benefit or use.

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