Delaware Early Stage Venture Fund to Invest $50K-250K in Regional Start-ups

Leading Edge Ventures I, L.P., announced today the formation of an early stage venture fund. Headquartered in Newark, Delaware, the Fund will make investments in promising early stage companies in Delaware and the Mid- Atlantic region. It will also maintain an office in Bethlehem, PA. Leading Edge Ventures will target companies that provide productivity benefits […]

With Innovation Fund dollars, new medical ‘GPS’ sets course to personalize patient care

University of Chicago physicians Mark Ratain and Peter O’Donnell created the Genomic Prescribing System based on a simple hypothesis—that patients and healthcare providers would be eager to incorporate genetic information into decisions about prescribing medical treatments if they had the tools to do so. So, they set out to develop a new model for personalized […]

Nepal Govt to establish Rs 500m fund to bankroll start-ups

The government has planned to establish a start-up fund in the coming fiscal year in a bid to cultivate the culture of entrepreneurship and promote fresh ideas. Presenting the budget for fiscal 2014-15, Finance Minister Ram Sharan Mahat said that the government would set up a Rs 500 million fund to bankroll promising start-ups.

Ilitches donate $8.5M to Wayne State University to fund surgical innovation

Pizza and entertainment entrepreneurs Michael and Marian Ilitch donated $8.5 million to the Department of Surgery at the School of Medicine at Wayne State University to create the Ilitch Chair for Surgical Innovation. The money will establish an unrestricted fund to support research and development in surgical technologies.

Gillibrand wants to fill venture capital void

U.S. Sen. Kirsten Gillibrand wants to do for upstate New York what the venture capital sector has not. While New York state universities rake in $6 billion a year in government research funding — ranking it No. 2 in the country — the state and upstate New York in particular lag behind most of the country when it […]

Portland State University’s DesignMedix Closes Second Angel Round of $1.5 Million

DesignMedix, Inc., a biotech startup with ties to Portland State University, has closed a second round of angel funding from investors in the Northwest. Investors include Portland Seed Fund, as well as members of Bellingham Angels, Oregon Angel Fund, Seraph Angel Network, Willamette Angel Conference, Keiretsu Angel Forum and Tacoma Angel Network.