Finishing what you started: Another busy workweek ends, dear readers, and another warm weekend dawns.
It’s Friday, June 7, out there, and you’ve completed yet another hard-run marathon of socioeconomic progress. Well done.
Here’s the scoop: As a reward, please enjoy National Chocolate Ice Cream Day.
Here, them roar: You know who likes chocolate ice cream? Many of the 1.7 million members of Lions Club International, the world’s largest service organization, which launched in Chicago on this date in 1917.
Small-minded: It was June 7, 1954, when the first U.S. microbiology laboratory – only the world’s second – opened at New Jersey’s Rutgers University.
That man again: Speaking of Jersey, Tireless Thomas Edison scored a number of patents on this date, including one in 1870 for his “Printing Telegraph Instruments” and six in 1892 related to electric lighting.
Patents issued on June 7 to other inventors include one in 1988 for 11-year-old innovator Richard Woodbridge, who created a special brush to clean sawdust out of chainsaw grooves
Let’s go to the videotape: June 7 is also a big date for the folks at Sony, who introduced their first home videotape recorder on this date in 1965 (price: $995) and the Betamax videocassette recorder on this date in 1975.
Solar flair: And the first U.S. government-owned solar power plant – at the time, the world’s largest – was dedicated at Utah’s sunny Natural Bridge National Monument on this date in 1980.
The plant’s 250,000 solar cells could produce about 50 kilowatts of power. For comparison, the current world’s-biggest photovoltaic plant – the Tengger Desert Solar Park in Ningxia, China – claims peak power output of 1,547 megawatts, about 31,000 times the energy produced by the Natural Bridge array.
He made an impression: French post-impressionist master painter Paul Gauguin (1848-1903) would be 171 years old today.
Other innovators born on June 7 include Sir James Simpson (1811-1870), a Scottish obstetrician remembered as the “father of modern anesthetics”; English novelist, adventurer, women’s rights activist and renowned Egyptologist Amelia Blanford Edwards (1831-1892); pioneering American educator Susan Blow (1843-1916), the “mother of kindergarten”; American physician Virginia Apgar (1909-1974), who developed the scoring system still used to assess newborns’ health; and the artist ultimately known as Prince (1958-2016, born Rogers Nelson).
Party time: Get crazy, Mike Pence – the 48th Vice President of the United States turns 60 today.
Wish the veep, the rocker and the rest good tidings at firstname.lastname@example.org – and kindly drop off a story tip or calendar item, which gives us the warm fuzzies.
A few words from our sponsor: Farrell Fritz, a full-service law firm with 15 practice groups, advises startups on entity formation, founder and shareholder agreements, funding, executive compensation and benefits, licensing and technology transfer, mergers and acquisitions and other strategic transactions. The firm’s blog, New York Venture Hub, discusses legal and business issues facing entrepreneurs and investors.
BUT FIRST, THIS
Give ’em shell: About half of the 1.6 million adult clams planned for the new Bellport Bay shellfish sanctuary have been stocked, marking a significant milestone in Albany’s ambitious shellfish-restoration initiative.
Designed specifically to benefit Nassau and Suffolk county coastal communities, the Long Island Shellfish Restoration Project was announced in 2017 and will ultimately pump about $10.4 million into the restoration of critical shellfish populations – a major ecological step toward cleaner coastal waters and improved shoreline resiliency, according to Gov. Andrew Cuomo.
The governor was in Bellport Thursday to announce the progress in Bellport Bay, one of five regional sanctuary sites benefitting from the restoration project. And while New York is “doing more than any state … to balance and address climate change,” the restoration of the shellfish populations, Cuomo noted, is really nature’s plan. “Part of what we’re doing is trying to restore Mother Nature’s system,” he said. “Mother Nature had the best water-filtration system … it was called ‘clams and oysters.’”
Wealthy neighbors: Promising rich collaborative possibilities for bioscience-heavy Long Island, Columbia University and healthcare investment firm Deerfield Management announced this week the launch of a “major research-and-development alliance” set to infuse some $130 million – for starters – into new biomedical discoveries.
Columbia University and Deerfield Management, both based in New York City, are launching Hudson Heights Innovations, with that chunky nine-digit war chest – described by Columbia as “initial funding” – coming available over the next decade. Deerfield will provide additional “development expertise” in support of innovative drug research, while Columbia Technology Ventures, the university’s tech-transfer division, will also help “catalyze the development of novel therapeutics,” Columbia said Wednesday.
While focused primarily on work done in Columbia’s laboratories, Hudson Heights Innovation should have some spillover effect on Long Island, where major-league pharmaceutical research and lucrative research partnerships hold sway. Columbia already has a long history of collaboration with Island institutions, including numerous R&D efforts with Cold Spring Harbor Laboratory and a post-bachelor’s, pre-med “linkage program” with Stony Brook University.
TOP OF THE SITE
It takes an ecosystem: And when it comes to commercialization, Stony Brook has one of the best, as evidenced by the university’s fourth-annual Incubator Showcase.
Ranch hand: Northwell Health will partner with popular integrative-wellness brand Canyon Ranch to kickstart a regional health-and-wellness culture.
Stay Com: Satellite ace Comtech Telecommunications shifted to a slightly lower earnings orbit in its fiscal third quarter, but its bottom line is still flying high.
BEST OF THE WEST (AND SOMETIMES NORTH/SOUTH)
Innovate LI’s inbox overrunneth with inspirational ideas from all North American corners. This week’s brightest out-of-town innovations:
From Canada, eh: Toronto-based data curator Ataccama partners with the Toronto Public Library System to modernize data management at 100 different branches.
From Pennsylvania: Newtown-based LCD screen defender NuShield selected to protect the Statue of Liberty Museum’s interactive displays.
From California: Costa Mesa-based wireless-networking pioneer EnGenius launches a “smart tri-band router” to optimize home WiFi.
ON THE MOVE
+ Applied DNA Sciences has hired Patrick Salatto as senior product manager, cannabis. He previously served as senior account manager at Queens-based Dolphin Data Capture.
+ Applied DNA Sciences has announced several promotions: John Shearman, formerly executive director of marketing, is now vice president of marketing and cannabis lead; Deirdre Killebrew, formerly associate director of molecular biology, is now director of molecular biology; Katie Palamar, formerly manager of accounting, is now controller; Juli Sippel, formerly a senior accounting representative, is now senior staff accountant; Lawrence Jung, formerly a senior scientist for research and development, is now director of research and development; Frank Cipriani, formerly a production manager, is now associate director of production; and Daniel Petrie Jr., formerly a government/military project manager, is now project manager for the office of the president.
+ Former New York State Sen. Elaine Phillips has been named to the Board of Directors of Island Harvest Food Bank. She currently serves as a financial advisor at North Carolina-based CAPTRUST Financial Advisors.
+ Anthony Caggiano has been promoted to vice president in charge of the Fuel/Oil Storage Tank and Remediation Group at Syosset-based LiRo Group. He previously served as associate vice president.
+ Matthew Marcucci has been hired as an associate in the Litigation and Dispute Resolution Department at Garden City-based Meyer, Suozzi, English & Klein. He was previously an associate at Grossman LLP in Manhattan.
+ Sandata Technologies has announced two new hires: Alberta Bardin has been named senior program manager; she previously served as a senior scrum master/agile coach at Viacom in Manhattan. Catherine Gaerlan has been named revenue management solutions biller/collector; she previously served as a medical biller/collection representative at Port Washington-based National Medical Management Services.
BELOW THE FOLD
Counterintuitive: Forbes spotlights the little-known Oracle of Apopka, whose $12 billion investment firm ignores Wall Street trends and cultivates long-term winners.
Also seems counterintuitive: But Food & Wine has proclaimed 2019 as “The Summer Light Beer Got Good.”
Definitely counterintuitive: Apple Co-Founder Steve Wozniak tells CNBC about the out-of-the-box thinking that fueled the iconic tech startup’s legendary success.
Intuition institution: Understanding the finer points of corporate law is a basic instinct at Farrell Fritz, one of the amazing firms that support Innovate LI. Check them out.