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CEO Blog - 07.10.2020 Summer Edition

Happy Summer!

Hope the AURP community is finding ways to enjoy summer, virtually or in person. Here are some updates on what is
happening in AURP-world


Peer to Peer:
AURP Peer to Peer continues for two more sessions this summer. Thanks to Steve Frayser of Texas Tech who moderated a robust session this week on a variety of topics including implications for research parks from restrictions on international students attending universities going virtual with classes.
On July 22 at 2 pm EDT Jeff Johnson from Virginia Tech will host and on August 5 at 2 pm EDT Carol Stewart from Tech Parks Arizona will moderate the session. Stay tuned for details.
Peer to Peer will take the rest of summer off for a well-deserved vacation, but if anyone from AURP community is interested in hosting on Sept 9 when peer to peer returns, please let me know at [email protected] You can decide a topic or simply help guide a discussion among your peers on how your park is responding to the ever changing set of issues caused by Cov-19.

Bio and Pharma Manufacturing:
If your park is hosting bio or pharma manufacturing tenants or you are just interested in learning more about the explosive growth in this sector, hold Sept 15 from 1 pm to 4 pm for a special pre-AURP 2020 International Conference session produced by the AURP Biohealth Caucus. You will hear from life science manufacturing companies in AURP parks, a discussion on the best federal polices to re-shore bio and pharma manufacturing to the US, issues in designing life science manufacturing facilities and a presentation of the AURP Covid 19 Excalibur Award to the National Institute for Innovation in Manufacturing Biopharmacuticals (NIIMBL) at University of Delaware Science and Tech Park. Registration will open shortly.
Want to Learn More about the Future of Work, the Future of Technology?
The Government-University-Industry Research Roundtable (GUIRR) will host a webinar on NSF's Future of Work at the Human-Technology Frontier (FW-HTF) program, which was initiated in 2016 as one of the NSF 10 Big Ideas. FW-HTF supports convergent research integrating considerations of future technology, future workers, and future work. Here, "future technology" refers to advances in engineering, computer science, or other relevant fields, with the potential to create new human-technology work partnerships; "future workers" refers to advances in the fundamental understanding of individual workers, work teams, workplaces, and work organizations; and "future work" refers to advances in the fundamental understanding of educational, organizational, societal, or economic factors, considering both benefits and risks.There is no cost to this webinar, but registration is required. 










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CEO Blog 06.22.2020: Real Estate Post-COVID-19- Healthier Indoor Air?

Real Estate In A Post-COVID-19 World: Healthier Indoor Air?

As our members reopen, the issue of quality of air in commercial real estate will be at the forefront.  

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CEO Blog-06.02.2020: AURP Response to Protests

Dear AURP Members and Innovation Community,

Our global community is grieving the hurtful and destructive acts that have resulted in the senseless killing of George Floyd in Minnesota. We recognize the impact of these and other racial injustices and acknowledge the hurt amongst all communities. AURP stands as a beacon of hope in support of peaceful protests and the actions needed to address societal inequalities.

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AURP CEO Blog Posts - 04.24.2020

A couple of stories caught my interest among the flood of information about the Covid-19 pandemic, especially new developments in public policy.

State budgets are being impacted in critical ways and financial support for economic development organizations, venture programs, higher education and other partners in building communities of innovation will be drastically reduced. The Urban Institute has created a 50-state Economy Monitor that tracks state budgets and has other timely information. See, Urban Institute State Economy Monitor.

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CEO Blog-04.15.2020: CARES Act

CARES Act: It’s more than Paycheck Protection.
While many AURP members and tenants have been looking at the Coronavirus Aid, Relief and Economic Security (CARES) Act in terms of SBA funds and loans, the US Economic Development Agency (EDA) received $1.5 billion in emergency funding for Economic Adjustment Assistance for areas declared disaster areas by the federal government. For the first time in history, all 50 states have been declared disaster areas so there should be opportunities in your community or region to attract EDA funding.

EDA Economic Adjustment Assistance funding is somewhat flexible and administered on a regional basis. Funds might be used for loans, construction and other economic development projects. In the past, several research parks and incubators have received funding from the EDA for planning, development and expansion. Details should be forthcoming from EDA on ways to apply for funding. Partnering with organizations in your region that have successfully applied for EDA funding in the past is one strategy to increase likelihood of success. Note also local matching requirements are usually necessary so plan for that eventuality.

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AURP CEO Blog Post - 04/09/2020

A couple of recent topics that caught my eye:
 
Capital Lease Accounting Standards Delayed?  The Financial Accounting Standards Board (FASB) earlier this month voted unanimously to consider amending the ASC Topic 842 for Leases for private companies, private nonprofits and any nonprofit that has issued a bond that are traded, which would require many leases to be treated as capital leases. This means that lease accounting standards scheduled to take effect after Dec. 15, 2020 would be pushed back a year for entities beginning Dec. 15, 2021 and interim periods within fiscal years beginning after Dec. 15, 2022.  A 15 day comment period is in effect and the new rules should come out shortly, which will give real estate owners and others another year to prepare.

The State Economic Development Executives (SEDE): SEDE has produced great link to state by state programs that are in addition to the federal resources, such as the CARES Act.
 
University Tech Transfer: Many university and hospital sponsored research parks and innovation districts are tied to university tech transfer activity. A new report in IP Watchdog has some great data on trends in this important field.
 
We will have our AURP communicators virtual check in next Thursday, April 16 at 2pm ET.  All are welcome to join. Register here. Our regular COVID-19 P2P group meets on Wednesday's at 2pm Eastern. Contact the AURP team, if you have ideas for new topics. 





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AURP CEO Blog Post - 03/31/2020



Good Day:
This has been a rough couple of weeks for AURP members, sponsors and our families and friends. Unprecedented times.
When will peak COVID-19 happen in your state? When will peak ICU beds be available? When will a therapy or vaccine be widely available?
No one knows exactly. The impact on our community of innovation will be long and hard. But for now the rightful focus is on protecting families and friends.
Watch for updates from AURP, including our Peer to Peer (P2P) sessions and other webinars in the upcoming weeks and months.
Watch for details at www.aurp.net
Also there are resources that provide insight into the work of partner institutions.
  • The International Economic Development Corporation (IEDC) has some predictions on economic impact of COVID-19 and details on the federal stimulus package.
  • Jim Greenwood and the team at BIO have great insight on technical advances life science companies are making in the fight against COVID-19. 
  • AURP has planned to move our earlier scheduled in person June 7-8 San Diego BIO Health Caucus meeting to a virtual experience, now tentatively scheduled for 2:00pm EDT on June 2 and June 3, 2020. Stay tuned for details.
  • In the fall, we plan to honor those individuals and institutions among the AURP family that have the most effective responses to COVID-19 with the AURP Excalibur Award this November in Salt Lake at the AURP International Conference. We will be soliciting nominations later in the year, so keep in mind possible nominees, whether it is a company in a park working on a new vaccine; firms building new ICU containment facilities; or parks helping to manufacture face masks.
If you have comments or questions, please send them to me at [email protected]. I would be happy to include them in an upcoming AURP CEO blog post.
Stay safe and stay connected.
#AURP #BuildingtheAURPNetwork #InnovationCommunitiesUnited #CreatingStrongCommunities
 
   Brian Darmody
CEO, Association of University Research Parks
[email protected]