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Innovation


  • Submitted on 15 March 2017

    Technology Entrepreneurship & Commercialization Boot Camp coming up in May.  Application period underwayThe Rutgers University Center for Urban Entrepreneurship and Economic Development’s (CUEED) Pipeline to Inclusive Innovation Initiative aims to increase the number of under-represented inventors, scientists and technology- focused Minority Business Enterprises (MBEs) engaged in federally-funded innovation and technology programs.

    In May 2017, CUEED PII will host a Technology Entrepreneurship & Commercialization Boot Camp at Rutgers Business School in Newark, New Jersey.  Applicants to the CUEED PII Technology Entrepreneurship & Commercialization Boot Camp should meet the following criteria:

  • Submitted on 14 March 2017

    Recruitment now underway to help increase small business development in underserved communities 

    The U.S. Small Business Administration today announced the launch of the 2017 Emerging Leaders Initiative, a seven-month executive-level training series targeting small businesses with high-growth potential in underserved cities across the nation.  This year, three new cities have been added, bringing the number of participating communities to 55.

  • Submitted on 14 March 2017

    The Department of Commerce's United States Patent and Trademark Office (USPTO) is seeking nominations for the 2017 National Medal of Technology and Innovation. The medal is presented each year by the President of the United States and is this country's highest award for technological achievement.

    The medal is awarded annually to individuals, teams (up to four individuals), companies or divisions of companies for their outstanding contributions to America's economic, environmental and social well-being. By highlighting the national importance of technological innovation, the medal also seeks to inspire future generations of Americans to prepare for and pursue technical careers to keep America at the forefront of global technology and economic leadership.

  • Submitted on 08 March 2017

    National Consumer Protection WeekThis week is National Consumer Protection Week, but what the FTC does to protect consumers is only part of the story. We also work hard to help small business get down to business. Here are just a few examples of what we’re doing to protect your business from deceptive practices.

    Fighting fraud that targets small business.  Scammers have smaller companies in their sights. The FTC has gone to court to challenge the conduct of telemarketers who claimed to offer bargain rates on office supplies, but then allegedly overbilled small businesses and sent additional shipments without authorization. Or it may start with phony messages that companies are about to lose their URLs if they don’t fork over a renewal fee. Other fraudsters send fake invoices, hoping that busy workers will simply pay up. In a variation on the scheme, con artists call companies claiming they need to “verify” an order or a mailing address. If an unsuspecting employee confirms the contact information, the scammers later try to claim that’s “proof” the order was authorized. If business owners dare to fight back, they’re threatened with lawsuits, damaged credit – or worse.

  • Submitted on 10 February 2017

    InventorsSaturday, Feb. 11 is National Inventor's Day according to www.nationalcalendarday.org - what better time to research what you need to get that brilliant idea patented and business started - here's how to get started:

    Step 1: Determine the type of Intellectual Property protection that you need - To protect your invention, you may need a patent, trademark, copyright, marketing plan, trade secrets, or some combination of these. 

  • Submitted on 17 January 2017

    Among our Nation’s fastest growing cities, Atlanta has features that position it as a hub of the burgeoning inclusive innovation ecosystem in the United States. Chief among these features are several renowned institutions of higher learning, including Historically Black Colleges and Universities such as Clark-Atlanta University, Spelman College, and Morehouse College.

    A long-time center of Federal research in medical and science via the Centers for Disease Controls and Prevention, Atlanta is also is home to headquarters of top multi-national corporations including Coca-Cola, and Delta among others.

    Now, thanks to a new public-private collaboration, these institutions will be joined by the Russell Center for Innovation and Entrepreneurship (RCIE).

  • Submitted on 12 January 2017

    The U.S. Small Business Administration announced the launch of the 2017 InnovateHER: Innovating for Women Business Challenge, a nationwide business competition to drive attention and resources to innovative products and services that make our lives easier and longer. Competitors vie for $70,000 in prize money provided to SBA for the InnovateHER competition through a gift from the Sara Blakely Foundation.

  • Submitted on 23 November 2016

    For the first time, the Census Bureau has collected information about ownership of intellectual property in its 2012 Survey of Business Owners (SBO). We now have data to verify what we’ve known for some time—minority business owners are innovative and forward thinking. Based on 2012 SBO results, minority-owned firms equal the rate of patent ownership of nonminority firms. For both groups, one half of one percent of businesses own one or more patents.

    When you look closer at both groups (minority and nonminority firms), it appears that a huge disparity exists. Average earnings for minority-owned firms that own patents are $2.1 million per year, compared to $8.1 million for their non-minority counterparts.

  • Submitted on 17 November 2016

    Any armchair economist will tell you that entrepreneurship is central to a healthy economy. What they probably won’t tell you is that the rate of entrepreneurship in the United States has significantly declined over the last several decades. Data from the U.S. Census Bureau shows that in the late 1970s, at least 15 percent of American businesses were startups. Despite the popularity of business-venture-themed TV shows such as ABC’s Shark Tank, the number of new businesses has fallen to just 8 percent of all U.S. business operations.

    The reasons are varied, with both new and historic challenges contributing to the problem. As you might imagine, the Great Recession of 2008-2010 has played no small role.

  • Submitted on 03 November 2016

    MBDA National Director CastilloWith the U.S. population poised to shift to ‘majority minority’ status during the next few decades, the topic of inclusive innovation in global high-growth industries took center stage at an MBDA event in Chicago on October 27.

    Dubbed “Inclusive Innovation in Action,” the informative event was located at an award-winning Chicago technology incubator, BLUE1647, and drew a mix of entrepreneurs, investors, and community residents. Coinciding with the annual conference of the National Minority Supplier Development Council (NMSDC), and with Minority Enterprise Development Week (MED Week), October 23-27, the afternoon panel focused on information-sharing about MBDA services for entrepreneurs, and engaging examples of successful minority-owned tech enterprises.

 

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