Detroit Innovate targets young technologies, university start-ups
A new seed-stage fund called Detroit Innovate, which intends to help launch technology companies in Southeast Michigan and invest in existing young companies, is scheduled to be announced today. The fund has received $5 million from the New Economy Initiative for Southeast Michigan and hopes to raise at least $10 million from other state foundations.
New $7.5M fund will help U Michigan accelerate medical technologies
A new $7.5 million fund will help U-M medical discoveries make the leap from the laboratory to the market, accelerating their potential to help patients. Funded in part by a new $2.4 million grant from the Michigan Economic Development Corporation’s 21st Century Jobs Fund, the new effort will help the U-M Medical School and U-M […]
Sun Grant Initiative funds three POC projects at South Dakota State University
The Sun Grant Initiative, funded through the departments of Agriculture, Defense, Energy and Transportation, promotes collaboration among researchers from land-grant institutions, government agencies and the private sector to develop and commercialize renewable, bio-based energy technologies. The proof-of-concept grants allow researchers to take their basic, exploratory work to the next level by proving their ideas work.
Osage Venture Partners expanding its novel venture firm model
Osage University Partners closed its first fund with $100 million in January 2011. The venture fund has since invested or reserved about half of that $100 million, says managing partner Bill Harrington (pictured above right), an experienced life sciences venture firm executive who joined the firm in 2012. The fund’s life sciences portfolio companies include Kolltan; MC10 of Cambridge, MA, which […]