UO Foundation to invest $500k in local business through business/law student-managed fund
The University of Oregon Foundation launched a seed fund today with $500,000 from the Willamette Investment Pool. The fund, managed by UO business and law students, will be used to make investments in emerging local companies, according to Chief Investment Officer Jay Namyet. Guided by staff and advisers, the UO Foundation Seed Fund is prepared […]
University to help fund future of horticulture research with $400K seed fund
The University of Melbourne will contribute $200,000 alongside the Department of Environment and Primary Industries (DEPI) to establish the Innovation Seed Fund, announced today as part of the Department’s new Horticulture Centre of Excellence. The $400,000 fund will underpin research to help develop Victoria’s horticultural industries over the next three years, with a focus on […]
This $50M investment fund has money for Maryland health companies it says are being ignored by investors
A new venture fund will target Maryland companies that have been skipped over by other deep-pocketed investors who focus on technology hotbeds like Silicon Valley. BioHealth Innovation Inc. on Tuesday announced its new $50 million BioHealth Gap fund. The fund will invest in early-stage life sciences, pharma, health IT and related companies based in central […]
University of California Incubators Eager to Scout Startups, Co-Investors for UC Ventures
Fledgling companies at the 20 or so incubators clustered around UC Berkeley, UCSF, and other University of California campuses are well-placed to benefit from the new $250 million venture fund the university system plans to set up next year. But leaders at the incubators say they also plan to be on the giving side, helping […]
GSK commits $5M to startups, academics that develop bioelectronics
GlaxoSmithKline has just launched a $5 million Innovation Challenge Fund to advance open-access technology in the bioelectronics space. The funding’s aimed toward biz-savvy academics and startups that are working to create a new class of treatments that aren’t necessarily pills or injections, but rather are mini implantable devices. GSK says:”The hope is that these devices could be programmed […]
More companies are starting venture divisions
San Francisco startup GoodData raised nearly $26 million in a funding round Thursday, but the lead investor wasn’t a traditional venture capital firm. It was Intel Capital, the global investment organization for the Santa Clara chipmaker. More companies are following Intel’s example by setting up divisions that specialize in funding promising startups. There are more than […]
U. of Michigan student-led venture funds seeking business plans
The Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan’s Stephen M. Ross School of Business today announced that its three student-led venture funds are all actively seeking business plans to consider in their respective 2014-2015 investment rounds. The Wolverine Venture Fund, Zell Commercialization Fund and Social Venture Fund […]
First university start-up investments selected by funder techstart Northern Ireland
stablished by Invest Northern Ireland as part of its Access to Finance strategy, techstart NI is providing support for early stage technology businesses and university spin-outs. The businesses, Inflyte and Brewbot, have received over £300,000 between them aspart of a £23.6million initiative is made up of a £13m SME equity fund, two university funds of […]