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innovation DAILY

Here we highlight selected innovation related articles from around the world on a daily basis.  These articles related to innovation and funding for innovative companies, and best practices for innovation based economic development.


Customer loyalty is one of the main goals of any business, achieving it will ensure long-term success for your company. Square has used the data from the 14 million customers who have enrolled in its Square Loyalty solution to come up with some interesting findings, including which states have the most loyal customers. By crunching the numbers Square was able to determine not only the most loyal customers in each state, but the average amount loyalty customers spend compared to others and which day of the week customers are more likely to redeem their rewards. In the case of Square Loyalty customers, members spend 37% more after they join a program than before joining and Treat Yoself Tuesday was the best day of the week for customers to redeem their rewards.


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Iowa AgriTech Logo

The second annual Iowa AgriTech Accelerator has chosen five start-up companies to participate in its 2018 program. These innovators will spend 100 days in Des Moines, Iowa, working with mentors in the AgTech industry who will help them with their business plan and making contacts that could help with funding, distribution, etc. They will also receive $40,000 in funding from the program’s sponsors.


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Founders can become myopic during the long, stressful process of fundraising. Many focus solely on the amount of money they’re going to raise, their valuation, and the brand name of the investors they are pitching.

When runway is short, and you have a team relying on you, money in the bank should be the primary focus. In fact, the CEO’s highest priority should always be keeping the company well-capitalized.


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As college degrees continue to climb in cost, some companies are losing the degree requirement altogether and pursuing alternative methods of recruiting talented employees. While research shows that people with a bachelor’s degree tend to fare better in lifetime earnings, you can still earn a good living without one. And while few jobs pay that kind of money at the start, these career options offer the potential of reaching a six-figure income without a four-year degree.


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new york city

For clues about how America’s future is shaping up, look to its metro areas: They’re where 85% of the U.S. population lives, and where the bulk of the country’s economic and cultural activity unfurls.

But the picture they’re painting right now about where the country’s headed is pretty grim. In the second-annual analysis of how the 100 most populous U.S. cities and metro areas are faring in meeting the Sustainable Development Goals set out by the United Nations in 2015, the majority are lagging far behind.


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Vegetation plays an important role in shaping local climate: just think of the cool shade provided by a forest or the grinding heat of the open desert.

But what happens when widespread changes, caused by or in response to global warming, take place across larger areas? Global climate models allow researchers to play out these kinds of thought experiments. The answers that result can serve as a warning or a guide to help policymakers make future land use decisions.


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The big question of 2018 is: how can America’s heartland — especially cities that have been overlooked in the recent obsession with Silicon Valley and New York — build an uplifting future, strong communities and good jobs. However, this year’s VentureBeat BLUEPRINT conference broke the idea that Silicon Valley is the benchmark of entrepreneurship.

One over-arching insight that emerged from the conference is that the next objective for all heartland cities is to double down on this progress, and establish the ideas and language necessary to carve out a space in the public consciousness.


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There is nothing more fun in a team than tossing ideas around and landing on the big idea. For teams that are in the same office, whiteboard sessions or ad-hoc “back of the napkin” conversations are the forum for creativity. Because of the informality, they provide a way to work on something together without the expectation of it looking nice during the process. The generative part of any work is meant to be messy, changeable and fun – that’s how the magic happens! Case in point: Pixar, the gold standard in creativity, famously came up with the concepts for four of their greatest movies via napkin sketches over lunch.


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Lorraine Mirabella

Facebook has selected Baltimore as one of the host cities for its Community Boost program, a free digital training program for small businesses, entrepreneurs and job seekers.

Community Boost, which Facebook announced last November, will take place Nov. 12 through Nov. 14 in a location in the city to be announced later. It will include a series of free seminars and workshops designed to help businesses develop digital skills and use Facebook more effectively as a marketing tool.


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Johns Hopkins University of Maryland Betamore seek 5 health startups for new accelerator Baltimore Business Journal

We’re hearing more and more about precision medicine and how it can positively impact medicine. But what is preventing it from reaching its full potential, and how can everyone from hospitals to startups help scale it?

This question will be up for discussion at the MedCity CONVERGE conference in Philadelphia on July 11-12.

Prior to the event, Andrew Norden, chief medical officer of oncology-focused startup Cota and a panelist on the “How to Scale Precision Medicine” panel, discussed setbacks and opportunities for the field.


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The Weather Channel s new storm graphics are totally insane

This week, the Weather Channel launched a new broadcast technology dubbed Immersive Mixed Reality. “Using the power of advanced, real-time graphic renderings and visual effects . . . TWC is pioneering new methods of broadcast presentation for real-time immersive storytelling,” the company explained.

Image: - From Video

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