Ontario invests $9M in StartStart Seed Fund, $26M Into Other Innovation Programs
Ontario is launching five programs to help young people start companies and create jobs. Part of Ontario’s Youth Jobs Strategy, these programs will provide young entrepreneurs with business skills, capital to start and grow a small business and the opportunity to gain experience and expertise through R&D internships:
Russian QIWI announces $30M seed fund and accelerator
The owners of Russian payment service provider QIWI have launched a new $30 million seed fund and a startup accelerator. These two new ventures aim to address this problem, by providing support to entrepreneurs at an early stage in their projects. Romanenko will manage the new fund, Run Capital (not to be confused with Runa Capital, one of […]
Michigan Pre-Seed Fund Plans To Invest $6.8M Over Two Years
A new state-backed early stage capital fund hopes to cut its first deal by early summer, executives say. The $6.8 million Michigan Pre-Seed Fund 2.0 hopes to do as many as 50 deals over the next two years. It will provide early-stage, high-tech companies with the capital they need to move further toward commercializing an innovation, said […]
UC Berkely social impact fund shows 6 yr/50% ROI on $1.1M invested to-date
When the fund launched in 2008, it became the first student-led socially responsible investment (SRI) fund and remains the largest. The student principals have grown the initial investment of $1.1m (£650,000) to $2m (£1.19m), a more than 50% return on investment over a six-year period. The fund has also outperformed all its environmental, social and […]
Singapore start-ups gain access to $120M more in funds
The technology start-up scene in Singapore received another boost yesterday as the National Research Foundation (NRF) announced that it will work with six venture capital (VC) funds to make available S$120 million for young local firms.
SUNY TAF fund invests in five new medical projects, $1M to-date
The State University of New York (SUNY) Technology Accelerator Fund (TAF) will invest in five new projects, Gov. Andrew Cuomo announced. They include a device that a doctor at Upstate Medical University is developing, according to a news release from the governor’s office. The TAF accelerates the development and commercialization of innovations that SUNY students, faculty, […]