Coulter Foundation funds five University of Missouri translational research projects
In 2011, Coulter agreed to provide $200,000 in startup funds as well as $666,667 each year for five years, while MU kicks in $333,333 per year over the same period, totaling $5.2 million. Each research project this year will receive about $100,000. A Coulter awards ceremony will be held 10 a.m. Friday in the Great […]
Convertible Equity vs. Convertible Debt
In the most recent Mind the Gap report, we found that ~75% of the 23 surveyed startup-focused gap funds (business formation, business growth) were structured to accept equity (70%)/convertible debt (30%) as a return/repayment strategy. This recent article from Fortune, suggests a convertible equity versus convertible debt strategy for pre/seed staged-companies. A traditional convertible debt […]