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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.

43580232971 fa0ed611eb kOne of Maryland’s premiere medical networks just announced an eight-figure investment into the economic development of local and marginalized communities by way of notable funding entities.

The University of Maryland Medical System (UMMS) said in a Thursday statement that it will commit  $14 million to  11 community development financial institutions and privity equity firms throughout the state. The investment is intended to address racial, economic and environmental disparities in the communities the system serves.

Image: The University of Maryland Medical Center in Baltimore. (Photo by Flickr user Baltimore Heritage, used via a Creative Commons license)

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Most solar cells are currently silicon based; however, their efficiency is limited.  (CREDIT: Creative Commons)The photovoltaic effect of ferroelectric crystals can be increased by a factor of 1,000 if three different materials are arranged periodically in a lattice. This has been revealed in a study by researchers at Martin Luther University Halle-Wittenberg (MLU).

Image: Most solar cells are currently silicon based; however, their efficiency is limited. (CREDIT: Creative Commons)

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Shiven Taneja CR Boxes e1663263786481Late last year, Shiven Taneja was a person in search of a solution. His community of Mississauga, in Ontario, was entering its fifth COVID wave and Omicron was a fearsome, fast-spreading variant–yet rapid tests were in short supply and the availability of booster shots severely limited. He wanted a way to reduce risk.

Image: Shiven Taneja is a teenager who builds C-R boxes for the elderly and immunocompromised people. COURTESY OF KAVITA TANEJA

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Carbon capture EV ZEM 1Imagine driving behind a diesel truck spewing clouds of smoke into the air while your new fully electric vehicle cleans up its carbon emissions. This dream may soon be a reality. A team of 35 students from the Eindhoven University of Technology in the Netherlands has created a Zero Emission Mobility (ZEM) vehicle – a fully electric, battery-powered EV that captures carbon dioxide (CO2) as it drives.

The students were tasked with creating a zero-emission car, but they took it a step further, developing a unique filter that can capture carbon, cleaning the air as it moves.

Image: https://electrek.co

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Rear view of young woman having job interview in o 2022 01 18 23 34 35 utcHiring is hard. When you're a startup - with no track record, scant funds, and less than top-of-line resources and benefits - it's usually a nightmare.

Thus, many startups never make it out of the "solopreneur" stage, a one-person show. There's nothing wrong with that, of course. But if you've got billion-dollar valuation dreams, or heck, even if you just want the slightest chance of an exit at some point, well, I probably won't be the first to tell you that you can't do it alone.

 

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1663330984 Untitleddesign79Union science and technology minister Dr Jitendra Singh today presented INSPIRE awards to 60 startups and financial support to 53,021 students.

The award is instituted by the Department of Science & Technology (DST) and these innovators will be extended complete incubation support for their entrepreneurship journey, said an official statement.

According to Singh said, during the year 2020-21, while the country, like the rest of the world, was battling with the severe impact of COVID-19, the annual INSPIRE Awards–MANAK (Million Minds Augmenting National Aspiration and Knowledge) competition attracted an unprecedented 6.53 lakh ideas and innovations from across the country.

Image: freepik

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FBest Foldable Bikesew people have had as lasting an impact on today’s commuting culture as Englishman William Grout. Born in London in 1839, Grout revolutionized the bicycle by adding high-performance innovations like rubber tires. In 1878, he created a tire that could be removed from the front of the bike so it could be folded for storage. This was, by most accounts, the first foldable bike. The problem was that the process of disassembling the tire took nearly 10 minutes, and that was more time than the average commuter running late to work had to spare. Fortunately, the powers that be – meaning those brilliant bike innovators running the design departments at the companies of today – took Grout’s idea and modernized it, making it not only more efficient (and actually foldable without taking the frame apart), but also smaller, easier to store, and, for some, the addition of an electric motor.

Image: https://coolmaterial.com

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IT HAPPENED This NanoTech Breakthrough FINALLY Replaces Water Desalination Greentech NewsDesalination converts saltwater to freshwater. The concept has been around for some time, but it has not yet been polished. It is a combination of science, engineering, and technology. It is so important to create a sustainable future. And the best system for getting water from salt water is Reverse osmosis,____it has helped many countries get the water they need. Infact, nations like Iran are generating 10 million liters of water daily with this method. Not bad, right?

 

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Richard Branson at YES 2014Hiring is never easy, but hiring for some roles is more straightforward than others. You can test for hard skills, ask references about character, and observe behavior or dig into past achievements to assess leadership. But what if your company is aiming higher? What if you want to change the world (and not just a little)?

Image: https://commons.wikimedia.org/w/index.php?search=Richard+Branson&title=Special:MediaSearch&go=Go&type=image

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Image: Wind Catching SystemsThink of a wind turbine and you’ll probably picture a tall vertical pole with three long blades spinning at the top. These traditional turbines were modeled after 17th-century Dutch windmills, but for Norwegian company Wind Catching Systems, they’re not quite right for the 21st century.

Image: Image: Wind Catching Systems

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People hand holding a pen for working to write on 2022 01 18 23 39 36 utcYou're an entrepreneur. You're looking for ways to boost your platform and attract attention to yourself and your budding brand. As a culture, we tend to elevate authors as titans of thought who have achieved what few others ever do. So, writing and publishing a book might be the perfect answer to establishing yourself as a credible thought leader. Books are unique marketing vehicles, and for some authors, they even become a source of extra income. According to data compiled by Publisher's Weekly, last year was a record year for book sales. It seems readers can't get enough. Now might be the perfect time to write and publish your book.

 

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Brick toaster aims to cut global CO2 emissions by 15 in 15 yearsIndustrial heat consumes a huge proportion of global energy. Rondo Energy says its brick-toasting heat storage device is so cheap and efficient that it makes decarbonization an instant no-brainer across a huge range of industries. Bill Gates agrees.

Image: Rondo's "brick toaster" heat storage system is 98% efficient, and stores cheap renewable energy for industrial use at 20% the cost of an electrochemical batteryRondo Energy

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