|
|
|
|
Einstein's Alley Announces Two New Trustees
Get to know New Trustee -
Evan Krachman
|  Evan Krachman plays a key role in the marketing and product development for Sony's Medical Division. For the past 14 + years he has successfully launched many new products including HD cameras, storage and capture systems for the OR. In the past he led Sony's marketing efforts to introduce their first diagnostic dry film Imager into the Radiology market. In 2013 he headed a marketing team charged with developing 3D visualization solutions for microsurgery in the ophthalmic market and a portable capture system for the DaVinci Robot.
In 2012 Krachman received his first US Patent with Sony for a Method and apparatus for transporting medical images. In addition he also recruits and manages Sony's Key Opinion Leaders program that helps shape future products by working closing with top surgeons in the country. In 2013 he joined the CTeL Innovations Board in Washington D.C. He is charged to develop innovative solutions for improving healthcare in the Telemedicine space.
Outside of work Krachman has been going back to his communication roots with two endeavors. For the past 9 years he's been volunteering at Red Bank Regional High School with the Visual Performing Arts Academy. For the past 5 years Krachman has been honing his writing skills as a playwright, taking classes at NJ Repertory Theater and working with the Black Box Theater in Asbury Park. He's developing works inspired by his love of science fiction and the absurdity of life as we know it.
Krachman lives in Shrewsbury NJ with his family. A graduate of Monmouth University class of 1985, Krachman holds a BA Speech and Communications degree.
|
 | Get to know New Trustee - Rick Pinto |  Rick Pinto represents public and private companies and non-profit entities in all phases of organization, financing and operations. He handles mergers and acquisitions, joint ventures and corporate governance issues and negotiates complex commercial and licensing agreements for companies in the IT/software, Internet, pharmaceutical, medical device, nutraceutical, health care,telecommunications, energy, real estate, manufacturing and a variety of other industries.
Rick is an experienced intellectual property attorney and has assisted clients in planning and implementing commercial development, licensing and deployment of new technologies. He has negotiated some of the largest dollar value strategic alliances in the biotechnology field, and has assisted in the development of a unique worldwide licensing scheme for a new computer technology used in television broadcasting. He also advises clients concerning regulatory compliance matters for the FDA and other government agencies.
As part of his practice, Rick manages multi-million dollar financial transactions, including private placements, public offerings, bond issues and bank financings. He represents both U.S. and foreign-based private equity and venture capital funds, banks and investment banks and angel investors in connection with investment related transactions. He is also recognized as a mentor and facilitator of entrepreneurship, whether for new companies or for new projects within larger organizations, and helps coordinate legal, business and financial services necessary for growth.
Making use of resources from both the law firm and the platform's investment bank, Griffin Financial Group, Rick also founded and manages Griffin Technology Partners, a virtual innovation fund focused on funding and developing new technologies. |
 |
Einstein's Alley Joins
Forward New Jersey Coalition
| |
Einstein's Alley has joined the ForwardNJ coalition made up of more than 75 New Jersey-based organizations, representing over 1.5 million New Jersey residents and more than 140,000 New Jersey businesses. This group has come together to raise awareness about New Jersey's transportation funding crisis and advocate for a solution to that crisis via replenishing the TTF in a smart, robust, sustainable, long-term and constitutionally dedicated manner.
Click here for more information on ForwardNJ and the need to fix the state's Transportation Trust Fund. Follow us on Twitter. Like us on Facebook.
ForwardNJ has also launched an online action tool which allows New Jersey residents to email, tweet and call the governor and their local legislators so that their voices are heard on the importance of urgent action NOW on this crisis.
|
|
Third Annual Immigrant Entrepreneur Awards
|  As a leader in New Jersey's technology sector, Einstein's Alley strongly recognizes the need for immigration reform legislation. In part to demonstrate that commitment, Einstein's Alley was a founding sponsor of the Immigrant Entrepreneur Awards. And we are proud to announce the opening of nominations for the 3rd Annual New Jersey Immigrant Entrepreneur Awards.In New Jersey, foreign-born individuals like our 2013 winner Jay Kulkarni CEO of Theorem and 2014 winner Marion Casabona CEO of Tech Launch, have created more than one in three new businesses in recent years, ranking New Jersey behind only California, New York, and Florida. NJ companies started by immigrants generate an annual business income of $6.2 billion in New Jersey. We believe that rather than send qualified foreign-born advance-degree graduates of U.S. colleges and universities back home to compete against U.S. businesses, Congress should encourage these individuals to stay in the United States by offering them permanent resident status. We can further buttress our competitive edge, by expanding the H-1B visa program, which makes available to U.S. businesses some of the world's most highly-trained professionals in fields across the business sector. What's more, a significant portion of H-1B filing fees fund education and training programs to enhance the skills of U.S. workers, particularly in the technology fields. So, Einstein's Alley is proud to collaborate for the third year with other New Jersey groups, including regional and bi-national chambers of commerce, immigrant advocacy groups, and other community organizations to celebrate the important role of immigrants in today's economy and to honor the contributions of immigrant business leaders to their communities. This year, we will be honoring immigrants for their achievements in growth, advocacy, innovation, sustainability, and leadership, and we will name the 2015 Immigrant Entrepreneur of the Year. Are you an immigrant entrepreneur who has excelled in one of these fields? Do you know someone, a colleague, family member, neighbor, or friend, who you think has what it takes to be named the 2015 Immigrant Entrepreneur of the Year? Nominate them at http://njieawards.org/wp/nominate/ here. |
| Immigration: An Economic Driver
for New Jersey |
When it comes to immigration law, there's only one thing on the mind of New Jersey employers in key industries: H1-B visas. These are the Holy Grail for New Jersey's pharma, medical and technology employers who need a growing number of software engineers and information technology experts.
"The limits on H-1B visas are crippling and very destructive," notes Patrick McGovern, a partner and an immigration law specialist at Genova Burns, a law firm headquartered in Newark.
US employers with these needs simply can't find enough technology professionals to staff their offices. US colleges and universities are not graduating enough people with the required skills. Recognition of this problem is growing on US campuses and on a federal and state level, and there's a great deal of talk right now about improving STEM education (science, technology, engineering and math) at all levels. Meanwhile, private industry is setting up "boot camps" in software engineering in cities all over the country.
[read more]
(from New Jersey Business - A publication of NJBIA)
|
|
Einstein's Alley Institute's
The Future of Work: Part 2
Save the Date:
December 8th, 4-6pm
at the Heldrich Center for Workforce Development
in New Brunswick
| |
The America of the near future will look nothing like the America of the recent past. Looking through the Lens of Technology, Economics and Society - The Future of Work will go beyond job growth and American competitiveness to look at the nature of work in a new way in a technology driven, hyper-connected, global world.
As business, technology and policy leaders, we must explore these trends and try to predict how they will affect employees and employers, individual careers and organizations.
We look forward to seeing you there - please mark your calendars and pass this information along to persons responsible for Human Resources.
|
|
|
Tired of Jersey getting the snub as tech hub, technically speaking, Gould thinks he could do more for the state
by Brett Johnson, NJBiz
| |
Yashi founder Jay Gould says tech growth can come to Jersey: "We want to stay here and grow this area by bringing innovation."
It's hard for an outsider to view Jay Gould's story as anything but a success. As CEO of Yashi - a mobile and Web video advertising platform - he oversaw the Toms River-based company's five-year growth rate of nearly 1,000 percent before he sold it for $33 million. In the process, however, Gould fears that there's a way he failed his home state. "For New Jersey to really take off (as a technology hub), you basically can't do what I did," he said after the February sale to Irving, Texas-based Nexstar Broadcasting Group. He explained: "It's going to take someone pulling a (Mark) Zuckerberg," referring to the founder of Facebook, who turned down a $1 billion acquisition offer from Yahoo when the website was just 2 years old.
In other words: Someone has to keep saying no to offers like the one Gould got for Yashi.
"Because when you have a company like Facebook that keeps growing and then goes public, it generates a lot of millionaires," Gould said. "And then those people start investing a lot of money in other tech companies in the area." When Facebook did its $104 billion initial public offering in 2012, myriad stockholders became overnight millionaires. That built on what Silicon Valley companies such as Google had done before.
[read more]
|
|
Greg Olsen: Serial Entrepreneurial Success Story
A builder and creator, Greg Olsen has started two companies and acquired eight others.
by Andrew Sheldon, NJBiz
| |
Greg Olsen will tell you he's just an average guy, that he prefers "Greg" to "Gregory." And he'll do all this in a room in which a portrait of him as a Russian cosmonaut hangs. He'll recount his time as a troubled high school student who was in and out of the Bergen County court system. Or the time he charmed his way into a closed trigonometry summer class at Fairleigh Dickinson University after having failed the subject at Ridgefield Park High School.
There are the typical struggles to communicate with his father. Then there's the safe, secure job he landed at Sarnoff Corp. in West Windsor after receiving his doctorate in material science at the University of Virginia. Just like your average guy, he grew increasingly frustrated with his job and the way the company was being run. So he started his own company, Epitixx. When that company sold for $12 million in 1990, he started another company, Sensors Unlimited. When he sold that company in 2000 for $600 million, he parlayed his earnings and became a venture capitalist.
And he still managed to set enough aside to be the third civilian to travel to the International Space Station. That's right. Olsen is just your average guy. Except he's not. "I was convicted of juvenile delinquency in Bergen County Court, barely got out of high school," he said. "If you look at the yearbook, I was just another guy." More than anything, these early experiences taught the venture capitalist that plans get complex and there is no straight path to success. It's up to the individual if an event is a setback or failure, Olsen said. "I still view myself as kind of an average guy and, if I can do it, I think everybody else can," he said. "What separates me from everybody else is the internal drive. Maybe one singular characteristic I have is not giving up, in spite of the fact that I should have."
[read more]
|
| Impact of Disruptive Technology | |
Biology goes digital...
The screen that you want to apply about technology is not what technologies are interesting, because there are so many that are interesting. You want to look at which ones have a chance of having a volume impact on many, many people, or large segments of the society.
We're going, in a single lifetime, from a small elite having access to information to essentially everyone in the world having access to all of the world's information. That has huge implications for privacy, communications, security, the way people behave, the way information is spread, censorship, how governments behave, and so forth.
That's the primary narrative, I think, today. It changes education. It changes the way intellectual property works, it changes the way businesses work, it changes the way the media works, on and on and on. We're in the middle of that right now.
From Interview| McKinsey Global Institute
|
|
NJ continues to lead in private sector research, report says
|
4/24/2015 - Washington D.C. - The Council of State Governments (CSG) and Elsevier released recently "America's Knowledge Economy: A State-by-State Review," highlighting New Jersey's total output from corporate researchers was the highest among all states in the country (33,504 publications). Evaluating New Jersey from 2004 to 2013, 20.8% of its research came from the private sector, more than twice the rate of the entire country.
The report explored the comparative research strengths of US states, providing an understanding of the broader importance of research produced by public universities. It also looked at the academic research funding landscape and provided a framework for identifying, showcasing, and aligning the expertise of research institutions with each states' policy goals.
The states with the next highest relative levels of corporate output were Delaware (13.9 percent), California (13.2 percent) and New York (10.9 percent).
According to the report, "8,830 publications or 26.4 percent of all of New Jersey's corporate publications were in the field of medicine, the highest among all fields. More significantly, research in pharmacology, toxicology and pharmaceutics comprised 15.2 percent of New Jersey corporate publications, twice the rate of the state's total research output (6.0 percent) and that of the U.S. total corporate research output (7.4 percent). There is a high concentration of pharmaceutical companies-and particularly their R&D operations-in New Jersey, and these measures suggest that they play an outsized role in driving New Jersey's larger research ecosystem, both vis-à-vis its universities and its research corporations in other industries."
The report also noted that "after medicine, New York and New Jersey collaborated the most in physics and astronomy." Collaborations in that field comprised 19.4 percent of all New York to New Jersey co-authored papers, even though only 11.3 percent of New York's total research output was in physics and astronomy.
From Innovation NJ Innovation News Click here for the full report.
|
| Aurobindo Pharma USA purchases land in East Windsor | 
Mayor Janice Mironov announced that Aurobindo Pharma USA has purchased 90 acres on Windsor Center Drive and plans to develop the site for a major pharmaceutical manufacturing and distribution center, according to a township press release.
Aurobindo Pharma USA is a generic pharmaceutical manufacturer and distributor and is a wholly-owned subsidiary of Aurobindo Pharma Limited, a leading generic pharmaceutical company based in India.
"We are excited that Aurobindo has chosen East Windsor for its new warehouse and distribution center, bringing new tax dollars and new jobs to our community," said Mayor Mironov said. "This expansion here by Aurobindo, a global corporation, represents the attraction to East Windsor of another high-tech, high growth-potential company in our Einstein's Alley corridor."
[read more]
|
|
Annual Gathering of Angels - NJEN
| |
Introduce your business to the biggest NJEN event of the year. Walk with the Angels...
This is a unique opportunity to present your business - whether prototype, start-up, pre-revenue or revenue - to the greater New Jersey business community. Preference will be given to new companies.
- When: June 10, 2015 - 11:30am -3pm
- Where: Princeton Marriott Hotel and Conference Center at Forrestal - 100 College Road East, Princeton, NJ
- Cost: $50.00 per person, pre-registered and pre-paid by 5:00 PM Friday, June 6th. $60.00 at the door. A full buffet lunch and dessert will be provided. To register: www.njen.com
SPACE IS LIMITED. Those interested in submitting a poster or demo should register early and submit a poster request with presenters' names, company/organization, poster titles and a brief abstract describing your business (150 words or less) via email as soon as possible, but not later than June 5, 2015.
Poster specifications: Posters can be up to 30" x 40" and must be on foam core. If selected, posters must be available by 11:30AM on June 10, 2015. Easels will be provided.
For submission: Please respond to RANDY HARMON - rgharmon@njsbdc.com
Notification: If selected, you will be notified by email on a rolling basis beginning on June 1, 2015 and ending on June 5, 2015
|
| More Upcoming Programs & Events | |
May 15 - NJ Entrepreneurs & Tech Startups
|
|
Many more events and news items on the EA website
|
|
|
| |
The Einstein's Alley website is for you. Check the Directory section and see the companies listed that you need to know.
It's also a great place for visibility for your company so contact kkish@einsteinsalley.org for information on membership and how to get a highlighted listing in the Directory or, go to the website and download the form.
What is Einstein's Alley?
Einstein's Alley's purpose is to attract, build and retain technology-based businesses in Central New Jersey. Einstein's Alley collaborates and coordinates with existing governmental and private sector organizations to grow the region as a magnet for entrepreneurial activity and as a globally recognized economic powerhouse.
|
|
|
|
|
