Resources for Entrepreneurs and Growing Companies

richards-andy-cambridge

Cambridge’s most prolific life sciences entrepreneur, Andy Richards, says the local cluster is attracting more cash and global kudos than at any time in its history.

Dr Richards says a number of ‘secret’ investments in the UK sector have created a far healthier funding environment than available figures would suggest.

A serial angel investor in Cambridge’s European-leading BiomedTech cluster, Dr Richards is also its most passionate evangelist and believes it has never ridden so high in its quarter-century evolution.

umd-founding-campus

The University of Maryland Medical Center (UMMC) gained ground in numerous specialty categories and is once again ranked among the nation's top-rated hospitals, according to U.S. News & World Report's 2012-13 "Best Hospitals" rankings.

UMMC's cancer specialty shot up 11 spots to No.11 in 2012-13, up from No.22 last year. The diabetes and endocrinology specialties rose 16 places to No.11 in 2012-13, up from No.29 last year. The nephrology specialty, which includes UMMC's well known kidney transplant program, rose 18 spots up to No.9 in 2012-13 from No.27 last year. Urology specialty jumped 29 places up to No.15 in 2012-13 from No.44 last year. Top-50 designations were earned in a total of nine specialties. Other strides came in cardiology and heart surgery specialties, which moved up four spots to No.27. The ear, nose and throat specialty moved up 14 spots to No.24. The gynecology (No.49) and neurology and neurosurgery (No.48) specialties both made the top 50, and the pulmonary specialty is ranked No.26. While not ranked in the top 50, UMMC is also recognized by the magazine as high-performing in gastroenterology, geriatrics, and orthopedics specialties.

Montgomery County ED

Free monthly program offered through the Gateway to Innovation: Montgomery County Welcome Center for Federal and Academic Tech Transfer.  For more information and additional calendar items, please visit www.techtransferconnection.com.    Engage with others in the tech transfer field by joining the Gateway to Innovation LinkedIn Group.  To register go to http://www.linkedin.com/groupRegistration?gid=3805575  

Location: Shady Grove Innovation Center 9700 Great Seneca Highway Rockville, Maryland 20850     

Time: 3:30 - 5:00pm June 13, 2012 

PRESENTER:   Judith A. Britz, Ph.D. Executive Director Maryland Biotechnology Center  

TOPIC:    Enabling the Business of Science:   Maryland BioCenter

Qiagen

QIAGEN N.V. QGEN (frankfurt:QIA) has posted its 2011 Annual Report on its website here.

QIAGEN's Annual Report on Form 20-F for the year ended December 31, 2011 has been filed with the U.S. Securities and Exchange Commission (SEC) on March 27, 2012, a copy of which can be found on the website of the SEC at www.sec.gov or in the "Financial Information" section of the "Investors" section of our website at http://www.qiagen.com/about . QIAGEN will provide printed copies of the 2011 Annual Report to shareholders free of charge upon request.

Research

About three times each week, an enterprising researcher at theUniversity of Maryland, College Park, takes a step toward patenting an invention. Each year, that results in the creation of about five new high-tech firms, the kinds of businesses often credited with creating good jobs.

That's a good start, but the school's goal is to double that rate in the next few years. With a small but smartly focused investment by the state, we can get there — and all Marylanders can benefit.

List of programs sponsored by BHI.

Money

New Enterprise Associates    wants to help student entrepreneurs finance their ideas with The Experiment Fund, a new seed stage investment fund focused on student startups and new technologies.

The main focus of these startups are in the areas of information, health care and energy technologies.

Additional support for the fund will be provided by angel investors and advisers in the future, according to a news release from The Experiment Fund.

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money

Alright, in my last post I argued that bootstrapping is just as over-rated as raising venture capital. But for those who decide to pursue fundraising, here are some things entrepreneurs should avoid when raising capital.

For all of the talk about how much excess capital there is, it’s actually hard to raise capital because very few projects fit the VC profile—even though many VC-funded projects come across as frivolous, me-too projects.

Life’s unfair.  To quote Mark Twain: “Don’t go around saying the world owes you a living. The world owes you nothing. It was here first.”  Personally, I’ve bootstrapped my company; initially because I didn’t have to raise capital and then because I didn’t play the game properly or refused to accept what came with the territory.

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