Notorious Plant Killer?: Dallas-based startup OrchidBox develops terrariums for the lackluster green thumb

Flowers

If you don’t have a green thumb, growing plants can be an absolute nightmare. The day has come where anyone, anywhere (yes, this includes the person who overwatered their grandmother’s African violet) can grow a variety of plants, thanks to Dallas startup OrchidBox.

“It’s sad, I don’t think young people understand just how diverse our wildlife is, and we are losing more and more plant species every day,” Hollis said in an interview.

OrchidBox was developed by Nathan Hollis, who has a background in computer science and a love for plants. Hollis’ creation, an acrylic box that has high-power LED lights, a water indicator level, and a water level viewing window, promises that any user will never kill a plant again.

The OrchidBox comes with built-in intelligence and is Wi-Fi enabled. This allows the box to coordinate with sunrise and sunset times, and send watering alerts straight to a smartphone. The case will also let you know when to water the plant (if you see a red light on the case, you should really water the plant). According to the company website, the OrchidBox uses over 400 lumens over a 4” x 4” x 7” area that includes light flux levels that are approximately 50% of the sun’s intensity on a sunny summer day—a design feature that cannot be found within any other growing device. The sensing technology has been designed to last, so users can grow plants over the years to come.

“While most people think of the stereotypical store-bought orchids, there are actually 50,000 species of orchids, some that are very, very bizarre. Most people don’t know that, and some don’t even know what an orchid is, so we wanted to take the opportunity to teach people,” Hollis said.

The terrarium box comes with: the OrchidBox, a power adapter, base substrate, soil of choice, watering cup, a pipette, and a fertilizer sample. The application supports Facebook and Google logins. Users can add terrariums to an account. It also allows users to view the water level remotely.

OrchidBox’s mission is to increase conservation and conservation awareness by developing microclimate-controlled devices for plants. The OrchidBox is still in its development phase.

More information about the innovative startup can be found by clicking here.

Creating an innovatiove, quirky desk accessory? Did you know that you can receive up to 14% back on your research expenses with the R&D Tax Credit? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is a Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program in Texas, from claim prep & audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

A Doctor for Finances: Chicago-based Holberg Financial develops capital wellness platform

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A Chicago startup suggests that offering financial health and wellness can reduce stress and increase overall satisfaction in the workplace. Holberg Financial has created a platform that mixes behavioral economics and psychology with access to a living person that can help people, namely Millennial employees, with finances.

“I grew up in a financially unstable household, and I remember that there were times when we had enough money to go on vacations, but there were also times when we didn’t have enough money to put food on the table. I had to borrow $40 from a neighbor just to apply for college,” said CEO and Founder of Holberg Financial, Joe Holberg.

Upon signing up, a user’s financial information is gathered all in one place where they can receive assessments on how they are doing. A financial survey is then conducted, thus generating a score between 0-100. According to an article in 1871 Blog, Holberg Financial has helped to increase user financial health by 6.3 points, on average. The platform is different from others out there because, instead of providing only a financial overview, it offers users goal development with emphasis on a plan of action. “It helps people recognize that personal finance is a fixed pie and allows users to come up with prioritized goals that they can set, track, and eventually realize.”

The Holberg Financial platform provides companies with the option to offer financial health as a benefit to employees, although companies must pay for the platform, it is free and unbiased for the employees who use the service.

“Companies that have used our platform often come back to us and say that it’s really helped them retain employees and increase productivity. And then, when we look at averages, we see that employees are able to build their net worth by over $3,000 in less than a year and significantly reduce their debt profile as well.”

May questionable credit be a thing of the past.

For more information on the Holberg Financial platform, please click here.

Are you developing a platform that benefits employees? Did you know that you can receive up to 14% back on your research expenses with the R&D Tax Credit? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is a Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program in Illinois, from claim prep & audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Introducing the Tinder of Dining: Chicago-based Sugr matches you with food places you’ll love

Dining

If you live in a metropolitan area, picking the next best place to have lunch or dinner can be rather difficult. Do you want spicy or sweet? Are you looking to eat earlier in the day or later? Do you prefer to have a reservation when you walk in? Chicago-based startup Sugr wants to make dining experiences a little less indecisive and more tailored to your preferences.

“The incredible access to information that we have today sometimes makes the simplest decisions take way too long,” said Ruben Flores-Martinez, CEO and founder of Sugr. The discovery service uses machine learning to give users tailored results. The app also takes into consideration where people within your network are eating. “It’s basically a very simple neural network. The more you use it, the better it gets at predicting what you’ll like.”

Sugr has an array of neat features. Once a venue has been selected, you will have the option to hail an Uber. You can invite friends and family to the venue you’re planning to visit, should you wish to be in company. An option is also available to pay via Apple Pay, subject to if the venue has enrolled in this payment method. The app also doesn’t publish written reviews, a design feature that was intentional. “The power of online reviews leads to a lot of negativity. Instead, we want to validate preferences based on what your peers are doing. What my wife thinks is a lot more important than what a random stranger on the internet thinks. So we weigh recommendations based on what people in your networks are doing,” Flores-Martinez added. “We wanted to create a very smart product that could easily understand your personality, the things you like and connect with, and help you make those decisions better and faster.”

The service is pro-small business, as Sugr does not include major chains in its recommendations. However, its founder said “we want to create incentives that are sponsored by major brands, but are redeemable at local businesses.”

Working on an app that encompasses AI solutions and makes life a bit easier? Did you know that you can receive up to 14% back on your research expenses with the R&D Tax Credit? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is a Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program in Illinois, from claim prep & audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

(Virtual) Assistant In a Lab Coat: Atlanta-based HelixAI develops lab companion to complement Amazon’s Alexa

beakers

HelixAI is working to bring scientists a hands-free virtual assistant in the lab. The Helix voice assistant can help scientists to increase efficiency, improve lab safety, and gain visibility, according to the company website. The startup was created by husband-and-wife duo James and DeLacy Rhodes.

“James actually came to me and asked, what would you think about making a digital lab assistant, something that runs off Alexa devices but helps out in the lab,” DeLacy said. “Our goal was to get feedback from scientists and see if this was actually something they were interested in using in their laboratory spaces,” James said.

As a scientist, your hands will likely be occupied when conducting an experiment with chemicals and the like. Helix can access scientific reference information by a simple voice command. Key information, whether public, private, general or specific can also be customized to fit any specific needs, such as those of an individual lab or institution.

Scientific processes also normally require a protocol or repetition when conducting experiments. To avoid creating any new variables in the experimentation process, the testing from yesterday must be repeated in the exact same way. Helix can keep track of and add any protocols, SOPs, and solution recipes, thus helping to avoid any unwanted variables in an experiment. The program can also start where you last ended, even if it has been an extended period of time.

Timers and notifications can be set and sent to a mobile device–never experience an overflowing beaker again. “We work very closely with organizations to talk about their needs and identify the kind of content they would like to get through a digital assistant. Then we build up private skills that only those in their organization can get access to,” DeLacy said.

Helix may also be used to keep track of inventory, record notes during experiments, and manage various areas where custom content can be inserted.

Are you developing a virtual assistant extension? Did you know that you can receive up to 14% back on your research expenses with the R&D Tax Credit? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is a Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program in Georgia, from claim prep & audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

 


 

Alternative Fertility Monitoring in 2018: San Francisco-based Modern Fertility develops economical at-home hormone test

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Women are putting off having children to build up a career and economic status. Those in their 30s are having more children than women in their 20s. However, as women age, hormonal changes follow thus affecting the chances of conceiving.

Modern Fertility, a San Francisco-based startup, wants to help women ignite important fertility conversations with their doctors. To do so, Modern Fertility created an at-home hormone test. The test can be ordered online where a doctor will review the order and customize it based on the type of birth control a client is on. Once it arrives, one can choose to be tested at home or at a local Quest Diagnostics lab. The at-home test simply requires the client to prick her finger and collect a blood sample–the accumulated blood should then be placed onto the provided test strip. The strip is then sent to a CLIA Certified lab where it is tested for nine hormones. Once reviewed by a physician, a private profile is sent back that explains how hormone levels may affect the number of eggs a woman has left, if her process of ovulation is normal, and other red flags that could affect a fertility window. Other trackable signals include if the onset of menopause could happen at an earlier age, and if egg freezing or IVF is the right way to go.

Carley Leahy and Afton Vechery co-founded Modern Fertility. “We’re really speaking to women much earlier in life who know that a career may be important and they may want to have children down the road, but want to be able to check in proactively,” Leahy said. “Modern Fertility is the first step for women. We’re really working with women before they get to a doctor’s office and giving them this information so that they can have a more informed conversation with their doctor,” Vechery said. “We found that you can go to a fertility clinic and take simple blood tests to check in on where you stand. But no everyone can afford them and the results can be tricky to decipher. We use information to get smart about everything in our lives—relationships, money, school. Why is something as formative as fertility still a black box?,” a statement from Leahy and Vechery said.

The Modern Fertility hormone test costs $199 compared to a $600 clinical doctor consultation. The company still recommends consulting with your doctor about any test results. More information about Modern Fertility can be found by clicking here.

Are you making fertility monitoring more accessible or convenient? Did you know that you can receive up to 14% back on your research expenses with the R&D Tax Credit? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is a Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services to the state of California. We manage all facets of the R&D tax credit program in California, from claim prep & audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Slurpee Inspires Improvements to Surgical Device: Engineering students at UT Austin develop ClearCam, solution for laparoscope obstruction

surgery

Inspiration for an invention can be found anywhere, and students at the Cockrell School of Engineering at the University of Texas at Austin are proof of such statement. The keen graduate students noticed that a Slurpee straw, with it’s shovel-like end, is the perfect size and shape to act as a squeegee for a laparoscope. For the sake of context, a laparoscope is a fiberoptic camera tool used during minimally invasive surgery procedures so surgeons can see the interior of a body. During a procedure, the laparoscope can become foggy and covered with bodily fluids and solids—not exactly ideal when conducting a surgery from the outside.

Under the guidance of associate professor of mechanical engineering Chris Rylander, the students designed a scoop-like shaped device that keeps the view of the internal camera clear. “This is a problem faced by surgeons every day,” said Rylander. “When a laparoscope gets dirty in the body—due to condensation or contact with blood or fatty tissue, visibility is diminished. Surgeons must stop the procedure, pull the laparoscope out of the body, wipe it off and return to the task at hand, extending the time to complete the procedure and simultaneously generating potential safety concerns.” With the increase of antibiotic resistance and MRSA, less time out of the body reduces the risk of short and long-term complications.

Rylander was approached by Dr. John Uecker of UT’s Dell Medical School who was looking for a solution to the obstructed laparoscope problem. The invention is appropriately named the ClearCam. It works by using a geometrically altered polymer that can be controlled externally to remove obstructions from the laparoscope lens without scratching it. The design of the ClearCam is based off previous prototypes that were improved to meet the needs of surgeons across the U.S.

Are you improving surgical methods? How about creating new tools that could revolutionize the operating room? Did you know that you can receive up to 14% back on your research expenses with the R&D Tax Credit? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is a Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services to the state of Texas. We manage all facets of the R&D tax credit program in Texas, from claim prep & audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Finding the Vulnerable with Biometrics, Artificial Intelligence: Atlanta’s Trust Stamp to aid in locating those lost to human trafficking

security

Artificial intelligence may put an end to a long-running industry: human trafficking.

The average age a minor enters the sex trade in the U.S. is 12 to 14 years old–many of the victims being runaway girls who were sexually abused. According to dosomething.org, trafficking involves various forms of exploitation, such as forcing victims into prostitution, subjecting victims to slavery or involuntary servitude and compelling victims to commit sex acts for the purpose of creating pornography. Thankfully, Attorney Generals in the U.S. and Mexico are planning to implement a new system that will help to locate victims of human trafficking.

Trust Stamp, an Atlanta-based startup, will be providing the ‘meat and potatoes’ of the life-saving technology. According to the company website, “[Trust Stamp] creates proprietary artificial intelligence solutions; researching and leveraging facial biometric science and wide-scale data mining to deliver insightful identity & trust predictions while identifying and defending against fraudulent identity attacks.”

“We authenticate … by applying multiple proof-of-liveness/attack detection techniques to a still image of video (“secure selfie”),” the company website said. Artificial intelligence then compares the secure selfie to a photo ID and/or images that were taken from social media (“pattern matching”)—this is to verify an identity. “The secure selfie is then converted to a 3-D mask and a biometric hash that is stored on a server and/or Blockchain. The hash can be used for subsequent authentications or to attach and access relevant data.” Having been implemented within banking platforms to increase security, how does this technology apply to the sex trade?

To summarize, a similar system will use facial recognition data that is pulled from photos that families of missing individuals have submitted to build a shared database network. In return, a probable match will then alert lawmakers if said individual is caught on a security or other public camera. By separating biometric data into 128 individual measures, it can then be converted to a non-reversible identifying sequence, otherwise known as a ‘hash’. The hash is not considered to be personal identifier information and can be shared or stored across public or private databases.

To keep the AI solutions up to par, the company utilizes GPU processing and neural-networks to process data faster than has ever been previously possible. In return, this recognition technology will help to locate missing children and other people in the sex trade by relying on superiorly quick and accurate recognition techniques.

For more information on Trust Stamp, please visit the company website by clicking here. You may also view the video below.

Are you developing a way to save lives with AI? Did you know that you can receive up to 14% back on your research expenses with the R&D Tax Credit? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is a Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services to the state of Georgia. We manage all facets of the R&D tax credit program in Georgia, from claim prep & audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Going, going, gone: Georgia Tech funds Synapse, an all-natural energy drink startup

energy

If you’re looking for an energy drink alternative with no caffeine and made with all-natural ingredients, then look no further. Thanks to the CREATE-X program at Georgia Tech, Synapse, an energy drink that relies on nootropics for its energy boosting effects, was able to take off. According to the Synapse website, “[Synapse] is a finely crafted, fast-acting supplement designed to deliver exceptional memory function, increased focus, and improved mental clarity while providing the body with a physical energy boost that doesn’t sacrifice health or performance.”

To give consumers that well-needed boost of afternoon energy, the drink encompases the Krebs cycle, meaning the process by which cells generate energy. To go in-depth, the drink has molecules called acetylcholine in it. These molecules are responsible for maintaining attention and focus, as well as for forming new memories and learning processes. Synapse uses ingredients that work together to increase acetylcholine levels, which is also combined with its proprietary support matrix. In return, the drink primes your brain for attentive, focused work and faster learning.

“The differentiating factor between us and other nootropics companies is that none of our ingredients, including the nootropics and flavors, are synthetic,” said Daniel Porada, one of the creators of Synapse. “All of our ingredients are well-researched and studied for their cognitive and physical effects,” the company website said. The energy drink also promises to contain no high fructose corn syrup, artificial colors/sweeteners or caffeine—quite a feat when compared to what already exists on the energy drink market. Some featured natural ingredients include: huperzia serrata (moss), bacopa monnieri (herb), alpha-GPC (compound found in the brain), agave nectar (natural sweetener), citrulline malate (amino acid), creatine (organic acid), acetyl L-carnitine (nutrient, natural energy producer), alpha lipoic acid (antioxidant), schisandra (berry) and L-theanine (compound). Details about the ingredients used in the supplement can be found by clicking here.

The Synapse company hopes to give university students and Millennials a healthy, energy producing alternative to what already exists on store shelves.

Are you improving a food or beverage product? Did you know that you can receive up to 14% back on your research expenses with the R&D Tax Credit? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is a Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services to the state of Georgia. We manage all facets of the R&D tax credit program in Georgia, from claim prep & audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

“Diamonds are Forever” – Eterneva turns loss into jewels to celebrate loved ones

April 19 2018 loss

Saying goodbye to loved ones is never easy. Loss is as intimate as the relationship we had with the person we lost. We each cope with it differently. Some cherish invaluable memories. Others seek tangible means to commemorate their loved ones. Many want to keep their loved one’s story alive from generation to generation.

When Adelle Archer lost her business mentor Tracey Kaufman to cancer in 2015, Archer hoped to honor Kaufman’s legacy in her own way. Archer was working for a diamond growing lab at the time. During a conversation with a technician at the lab, she conceived the idea of transforming some of her mentor’s cremated remains into a yellow diamond to give to Kaufman’s family. The idea then spawned Eterneva, a startup that takes ashes and turns them into unique diamonds and jewels.

Human remains contain carbon, a key component for diamond processing. Based in Austin, Eterneva uses a cup of ashes, approximately an eighth of the average amount produced from cremation, to create a diamond.  These diamonds are customizable by weight, color and cut, allowing customers to personalize diamonds unique to their loved one. Archer made a yellow diamond in honor of Kaufman since yellow was her mentor’s favorite color.

Eterneva’s approach is taking a different spin on loss and death. As Archer said, “A diamond lasts more than a single generation, the way an urn of ashes won’t. Nobody wants to inherit that, but they of course want to inherit their great-grandfather’s diamond.” One of Eterneva’s customers was a mother whose 19-year-old daughter died in a car accident. She chose to have her daughter’s ashes turned into a blue diamond ring. Archer explained, “She told me that she wants people to comment on it. It gives her an opportunity to talk about her daughter. People don’t want their loved one to be forgotten–they want to talk about them. They want them to be remembered and celebrated.”

Are you developing new ways to commemorate loved ones? Did you know that Eterneva’s research expenses could be eligible for the R&D Tax Credit? Yours could too. To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is Texas’ largest Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program in Texas, from claim prep & audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative

Our Homes Could Be Heated From The Earth- Geothermal Startup Created in R&D Lab

environmental protection 326923 1920

Dandelion Energy, Inc. is a geothermal startup that was created in Alphabet, the research and development (R&D) lab of Google’s parent company. Dandelion believes that it can lower Hudson Valley’s energy costs and decrease their carbon footprint.

Vice President of marketing Katie Ullmann has said that they have already scheduled the installation of the geothermal technology in a number of homes. The system “uses the earth to regulate the temperature of a home,” deriving 75% of the energy from the earth and the other 25% from electricity. Dandelion and Hudson Solar have partnered up, in hope that homes will be able to run on clean energy alone, with Hudson using solar to provide the remaining 25%.

The R&D Tax Credit is available to all industries where companies are developing new or improved products or services. Startups as well as large companies can claim up to 14% back for their R&D activities. Companies such as Dandelion and Hudson are eligible to benefit from these R&D credits.

If you would like to find out how your company could benefit from R&D Tax Credits, contact a Swanson Reed R&D Specialist today.