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Accelerate Michigan Innovation Competition selects 24 semifinalists

ANISA JIBRELL / October 18, 2019

Accelerate Michigan Innovation Competition winners of a total of $1 million in cash and other prizes celebrate last November at the Lexus Velodrome in Detroit.

  • Awards include a $350,000 grand prize
  • Pitch competition to be held Nov. 13 at the State Savings Bank in Detroit
  • About 33 percent of the semifinalists are minority-led companies

How to Create a Serene Meditation Space in a Small, Cramped Apartment

Kara Ladd / October 17, 2019

It feels like the cure for every problem these days is mediation. Feeling anxious? Meditate for 20 minutes a day. Need help falling asleep? Again, meditate. Feeling lost and disconnected? You get the point. But whether you’re new to meditation or just looking to feel more peaceful in your everyday life, a cramped and chaotic apartment can seem like an enormous roadblock. Sure, it’s ideal to retreat to an empty, sun-drenched room to do your morning meditation or a lush backyard where you can surround yourself in nature every day. But we’re happy to report that you can still curate a mindful meditation space even in the most cramped, eclectic, and chaotic of dwellings. Here are some hacks to create a conscious corner for you and your practice.

Embrace the Power of Plants

Detroit-based Bloomscape names first chief technology officer

ANISA JIBRELL / October 17, 2019
  • Aaron Averbuch tasked with crafting plant seller’s tech team, improving supply chain
  • He previously served as vice president of engineering infrastructure at Placed
  • The company recently bolstered by $7.5 million investment

Aaron Averbuch

Bloomscape, an online plant startup based in downtown Detroit, has tapped a former executive of a Snap Inc. company to serve as its first chief technology officer.

Aaron Averbuch, 40, previously served as vice president of

Ask for Help, and You Shall Receive

Michelle Ma / October 15, 2019

Larry Freed, president and CEO of Give and Take Inc., at the “Women in the Workplace” forum.
ANDREW DAVIS FOR THE WALL STREET JOURNAL

“We can ask Alexa, Siri or Google, but that won’t replace the experience of asking our colleagues,” says Larry Freed, chief executive of Give and Take Inc., an Ann Arbor, Mich., software company focused on knowledge collaboration.

Asking for help can be difficult at work because many organizations have a stigma against asking for help, he said during The Wall Street Journal “Women in the Workplace” forum in San Francisco on Tuesday. For some, there is fear it will be considered a sign of weakness. Others don’t ask because they don’t know who to ask, he

Derik Sutton Named to Association for Financial Technology’s Web Board

October 15, 2019
20-year digital banking veteran voted into leadership role to support organization’s growth

DETROIT—(BUSINESS WIRE)—Autobooks is a small business payment and accounting platform integrated within a financial institution’s digital banking experience. Today, the company announced that Derik Sutton, vice president of product & experience at Autobooks, has been elected to serve on the Association for Financial Technology’s (AFT) Web Board. Sutton previously served as vice-chair of the organization’s Digital Experience Group (DEG).

.@Autobooks_ announced today that @deriksutton was elected to serve on @AFTWeb’s Board.

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Founded in 1972, AFT is the premier resource for networking and professional development for companies and executives serving the United States financial institutions, including banks, credit unions, lenders and payment companies. The association represents members within every area of technology, data or services needed to help financial institutions succeed in today’s dynamic marketplace. Leading financial technology companies from around the world meet twice a year to discuss industry-wide issues and collaborate on solutions.

Brian Otte, president of Association for Financial Technology and director of sales for ProfitStars ®, a division of Jack Henry & Associates,

Genomenon’s Mastermind to be Integrated into SOPHiA Platform and Alamut Suite

October 15, 2019

Genomenon® announced today at the American Society of Human Genetics Annual Meeting (ASHG) a partnership with SOPHiA GENETICS that includes incorporating the Mastermind® Genomic Search Engine into the SOPHiA Platform and the Alamut Suite. The partnership puts the most up-to-date genomic research at the fingertips of clinical researchers performing genomic analysis worldwide.

The SOPHiA Platform is the technology of choice for streamlined Data-Driven Medicine, including clinical-grade genomic analysis, interpretation, and reporting. SOPHiA has been adopted by 1,000 healthcare institutions to date and analyzed more than 420,000 genomic profiles - 16,000 new profiles processed each month. The Alamut Suite powered by SOPHiA is a decision-support software designed to explore and investigate variations of the human genome. Alamut helps clinical researchers in the complex tasks of genomic variants annotations, filtration, and exploration.

With the addition of Mastermind, users of both technologies will be able to quickly access the genomic evidence associated with human variants, shortening the search time required to interpret a variant and assess its pathogenicity.

This partnership will allow SOPHiA’s users to see a wider picture of the

University of Michigan launches record 22 startups in FY2019

KURT NAGL / October 14, 2019

University of Michigan faculty member Peter Adriaens rings the Tech Transfer bell last year as Greg Peterson and Tad Slawecki of LimnoTech applaude. The three are partners in Equarius Risk Analytics, the first fintech company started at the university.

  • UM’s startup portfolio raised a total of $643 million in FY2019
  • Startups span health care, IoT, hardware and material sciences sector
  • University earned $16.3 million in licensing revenues

24 Semi-Finalists Named For $1 Million Accelerate Michigan Innovation Competition

Mike Brennan / October 14, 2019

DETROIT – Twenty-four semi-finalists were announced Monday for the 10th annual Accelerate Michigan Innovation Competition where the top prize is $350,000.

The semi-finalists were drawn from nearly 300 registered companies. These semi-finalists will have the opportunity to meet-on-one with investors to discuss their business proposals. Judges will then select six finalists to present live at a seated dinner to more than 400 investors, entrepreneurs and community leaders on November 13 at the State Savings Bank in Detroit. 

“The selected semi-finalists showcase the momentum of Michigan’s entrepreneurial ecosystem over the past decade,” said Martin Dober, senior vice president and managing director of ID Ventures. “Each year, we see more incredible talent and companies that are transforming the way legacy industries operate. We are proud to support the development of these Michigan-based companies that will continue to drive our economy and shine a national spotlight on the innovation happening in the state.”

 The pitch competition supports Michigan’s entrepreneurial ecosystem by offering entrepreneurs the opportunity to showcase their companies to investors while building connections with entrepreneurs, business acceleration resources and experts in their sector during carefully curated individual meetings. Since its launch in 2010, Accelerate Michigan Innovation Competition semi-finalists have created over 1,300 jobs and attracted more than $900 million in additional investment. Top awards include a

The benefits of grouping houseplants together

Melissa Breyer / October 11, 2019

Strategically clustering indoor plants in a group is a great idea, here’s why and how to do it.

While there is something to be said for a lone statement plant in a room – like a giant Monstera deliciosa in the corner or a big frondy palm on a side table – there is perhaps more to love about clusters of houseplants. Even in a minimalist home, a collection of plants together doesn’t read as clutter so much, but rather a lush whole made of similar parts.

In the wild, plants group themselves together naturally based on their requirements; so why not provide them the same consideration when having them in the home? Grouping plants together that thrive in similar conditions, and thus have the same care needs, makes it extra easy to tend to

ONL Therapeutics Announces First-In-Human Clinical Study with ONL1204

Globe Newswire / October 10, 2019

Lead candidate ONL1204 advances into Phase I clinical study in retinal detachment in Australia

ANN ARBOR, Mich., Oct. 08, 2019 (GLOBE NEWSWIRE) — ONL Therapeutics, Inc., a biopharmaceutical company developing novel therapies for protecting the vision of patients with retinal disease, today announced the initiation of the company’s First-in-Human trial with its lead drug candidate ONL1204. The study is being conducted in Australia at leading clinical research centers in Sydney and Melbourne. The study will assess four different doses of ONL1204 and is designed to demonstrate safety and tolerability of the investigational drug in patients with a macula-off rhegmatogenous retinal detachment (RRD).

“Today marks a major milestone in the history of ONL Therapeutics as we transition into a clinical-stage pharmaceutical company,” commented David Zacks, MD, PhD, Founder and Chief Scientific Officer of ONL Therapeutics. “We see great potential in the role of Fas inhibition to protect the vision of patients with retinal cell disease, and our first-in-human study with ONL1204 helps build the foundation to make a meaningful difference in the lives of patients.”

ONL1204 has been granted orphan drug designation for the treatment of retinal detachment by the United States Food and Drug Administration (FDA). The Company is embarking on a Series B round of financing to continue funding its clinical development plans for ONL1204 and expand the development

Can Anti-TNF Drugs Reduce Alzheimer’s Risk?

Judy George, Senior Staff Writer / October 10, 2019
Analysis of 56 million patients hints at possible connections

Systemic inflammatory diseases involving tumor necrosis factor (TNF) increased the risk of Alzheimer’s disease, but that risk was reduced in patients who used anti-TNF biologics, an analysis of 56 million adults’ electronic health records showed.

While rheumatoid arthritis increased Alzheimer’s risk, it was reduced in patients taking etanercept (Enbrel), adalimumab (Humira), or infliximab (Remicade), according to Rong Xu, PhD, of Case Western University in Cleveland, and co-authors.

View source version on MedPage Today: https://www.medpagetoday.com/neurology/alzheimersdisease/82589

Congenica to Integrate Genomenon’s Mastermind into its Clinical Decision Support Tool

Clinical OMICs / October 10, 2019

Two new reference data sources, Mastermind and DECIPHER, are being added to Congenica’s clinical decision support platform for genomic data interpretation.  Genomenon’s Mastermind, which is used by hundreds of genetic labs worldwide, has indexed nearly 7 million full text articles and 500,000 supplemental data sets and covers over 4.9 million variants found in the medical literature. DECIPHER contains disease-causing variants from over 33,000 rare disease patients.

“Mastermind brings a new dimension to the Congenica platform, aiding variant interpretation by reducing the manual effort required to curate the rapidly growing body of genomic research, improving the likelihood of finding key genetic insights that could be critical for diagnosis,” said

Saline maker of breathable mouthguards celebrates 10 years

Dana Affana / October 10, 2019

SALINE, MI — What started as a physician’s idea to help protect patients’ teeth has grown into a decade-old business that supplies oral safety equipment to sports teams all over the country.

Saline-based Akervall Technologies marked its 10-year anniversary last month, celebrating the successful development of an idea to create a more manageable mouthguard.

Read the full article in the MLive: https://www.mlive.com/news/ann-arbor/2019/10/saline-maker-of-breathable-mouthguards-celebrates-10-years.html

GreenMark Secures Phase II SBIR Funding for Identification of Early Stage Dental Caries

PR Newswire / October 10, 2019

GreenMark BioMedical Inc. 

Oct 02, 2019, 17:30 ET

EAST LANSING, Mich. and ANN ARBOR, Mich., Oct. 2, 2019 /PRNewswire/ — GreenMark Biomedical Inc. today announced it has been awarded a $1.5m Phase II Small Business Innovation Research (SBIR) grant to further develop its patented nanoparticle-based dental technology for detection of early-stage dental caries. The 2-year project involves collaboration with dental and biomaterials experts at the University of Michigan, Creighton University, Tufts University and University of Colorado, and is being funded by the National Institute of Dental and Craniofacial Research (NIDCR) of the National Institutes of Health (NIH).

GreenMark BioMedical Inc.

GreenMark’s diagnostic product identifies early tooth decay known as dental caries that, if left untreated, may form into cavities. Identified caries can then be treated non-invasively without filling or surgery, reducing the need for costly dental procedures. GreenMark’s core technology utilizes bioresorbable starch-based nanoparticles which degrade into harmless materials by the time the patient is ready to leave the dental office.

“Effective management of dental caries, which affects well over 90% of the world’s population, is characterized by detection of early lesions and accurate diagnosis of caries activity,” explains Dr. Brian Clarkson, B.Ch.D., L.D.S.,

Southwest Airlines Federal Credit Union Sees Success Since Launching Ace Jr.

Business Wire / October 10, 2019

SWACU leverages mobile app to improve children’s financial literacy

October 01, 2019 09:30 AM Eastern Daylight Time

ANN ARBOR, Mich.—(BUSINESS WIRE)—HT Mobile Apps, (HTMA), announced today that Southwest Airlines Federal Credit Union has seen significant growth since launching Ace Jr., providing free financial education to SWACU members and their children through a mobile application.

“The games, chores and financial education lessons make Ace Jr. different from many apps out there and keep kids engaged”

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White labeled on HTMA’s Member Jr. platform., Ace Jr. makes learning about money fun for children ages three to 12 years old. Users can learn how to set savings goals, monitor their accounts and improve their financial literacy through educational games. With games varying in difficulty for different ages, users are challenged to continue learning valuable skills as they play. The platform also features a chores section where families can assign household tasks for a reward.

Since launching Ace Jr. in July, SWACU has

How to actually find the right kind of light for your plants

Chloe Bryan / October 10, 2019
It’s easy to figure out what type of light your plants need. If they didn’t tell you at the plant shop, Google it. But what does “bright indirect light” look like, exactly? 

It’s easy to figure out what type of light your plants need. If they didn’t tell you at the plant shop, Google it. But what does “bright indirect light” look like, exactly? 

Categorizing types of light can be particularly difficult indoors, where shade from the trees and buildings outside your window come into play. That’s why, in the interest of keeping your and also my plants alive and well, I consulted Joyce Mast, longtime greenhouse grower and the resident

This Hispanic Event Planning Platform Will Launch Quinceañera App In 2019

Shirley Gómez / October 9, 2019
Gone are the days of planning a quinceañera using pen and paper.

Mi Padrino, the nation’s leading online Hispanic event planning platform, announced that it will combine its services to an all-in-one mobile app. The app is due to be released by the end of 2019.

The app features will allow quince planners to handle all of their party planning elements in one place. Planners can create event pages where they can update locations and share the celebration timeline. Event hosts can send out invitations and manage RSVPs right within the platform. App users can also budget their expenses and build a wishlist of things they’ll need for their party that guests can contribute to. There are also

The On-Demand Economy Brings Us Something Useful: Nature

Clive Thompson / October 9, 2019
Subscription services for plants could help reknit our frazzled souls, stimulate our boxed-in minds, and enliven our indoor world.

Last year, Adam Banzhoff was living in Bloomington-Normal, Illinois, working an IT job at a bank and feeling morose. “I was in a downswing, a little bit of a depression,” he tells me. Then one day, on a whim, he signed up for Horti, a new subscription service that ships members a plant every month. Soon a crispy wave fern arrived, a frisky-looking thing with rippling tendrils.

When the first new leaf appeared, it gave Banzhoff an electric thrill. He was hooked. A year later, between Horti’s regular shipments and pots he bought on his own, Banzhoff had transformed his house into a riot of green, with more than 120 plants. 

View source version on wired.com: https://www.wired.com/story/on-demand-economy-brings-us-something-useful-nature/

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