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A technology entrepreneur and health researcher, Ian Eslick considered how to tap unusual revenue sources to build and sustain projects that would have value in the healthcare system. He came up with a solution in Vital Reactor, which keeps track of profit shares for people who contributed to a startup.
Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Here, we take a look at a handful of relevant stories it compiled last week.
Guatemala’s economic history has been defined by corruption, instability and broad social inequality. In that context, Rigoberta Menchu received the 1992 Nobel Peace Prize for her work in promoting indigenous rights in the country. There are now other unnoticed social changers: entrepreneurs who see hope in technology as a tool to overcome social divides, as one local entrepreneur told the New York Times.
When it comes to supporting entrepreneurs and small business owners in the U.S., local government and ecosystem players get the nod over those at the state or national level. And while they are largely an optimistic bunch about their prospects for growth in the coming year, they worry about sustaining their success.
STC Biologics is a Cambridge-based biotechnology company focused on the development of biologic drugs. Magdalena Leszczyniecka, the company’s president and CEO, launched the business just as the market crashed. After several years in the field, Leszczyniecka shared her experiences with bartering, negotiating, and asking for help.
Angel investors are wealthy individuals who make early-stage investments in and provide advice to startups. In a slump following the recession, angel investment rebounded in 2011 with angels investing $22 billion in entrepreneurs.
Anatomage, which launched in 2004 in San Jose, is an anatomy image software company specializing in 3D medical technology. In the almost-decade since starting the venture, CEO Jack Choi said he’s learned much about managing tight finances and knowing when to jump in – and when to throw in the towel.
A lone startup that had set up shop in a house on a typical Kansas City block has some new neighbors. In less than one year—with the recent installation of Google Fiber serving as a potential catalyst—that same block is now home to a dense pocket of startup activity and has been duly dubbed the Kansas City Startup Village.
If you are looking for a job, you may want to consider looking in North Dakota. According to a new survey by the U.S. Chamber of Commerce, the job growth rate in North Dakota is far beyond that of any other state. As policymakers across the country work to foster strong entrepreneurial ecosystems, Enterprising States: Getting Down to Small Business takes an in-depth look at the priorities, policies and programs of the 50 states that are vital for job growth and economic prosperity.
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