UMass records best-ever year for startup businesses, $2M in POC Funding
The University of Massachusetts created six new startup companies within the past year, its best-ever annual performance, and set new records for patent applications and the number of faculty members disclosing inventions, President Caret said today. The new companies reflect the University’s increased focus on coaching, mentoring and providing other services and support to help […]
Two New $10 Million Australian Startup Funds Make It To Tax Free Status
Two Australian venture capital funds have gained sought-after recognition from the Federal Government for their support to local startups. Startup accelerator BlueChilli has been named as the newest Registered Early Stage Venture Capital Limited Partnership (ESVCLP) by the Department of Industry. It is one of only 10 funds to gain such recognition since 2007. ilab, […]
Caerphilly start-up nudjed first company to get backing from the £7.5m Wales Technology Seed Fund
A start-up technology firm providing a personalised online health and wellbeing platform aimed at busy executives is the first company to receive backing from the Wales Technology Seed Fund. Nudjed has received a £125,000 equity investment from the fund, which is managed by Finance Wales on behalf of the Welsh Government. Based in Caerphllly the […]
Stony Brook Announces Four Finalists for Inaugural Discovery Fund Award
Sometimes you just have to do it yourself. That’s what theStony Brook Foundation did in establishing The Discovery Fund, which supports pioneering scientific breakthroughs with philanthropic giving in response to declining federal grants for basic research. Now, the finalists for the inaugural Discovery Fund Award have been selected and will compete for up to $200,000; the recipient(s) […]
University City Science Center receives million dollar grant to accelerate growth of new companies
Penn’s University City neighbor wants to facilitate startup development — and the federal government has taken note. The United States Economic Development Program, a government agency aimed at supporting sustainable job growth and the construction of durable regional economies, awarded the University City Science Center a million dollar grant to support its Phase 1 Ventures […]
Utah Student-run venture capital fund empowers and supports students
In charge of a $500,000 venture capital fund, a group of 10 students from Utah universities are trying to find and fund the best entrepreneurs on local campuses. As investment associates for Campus Founders Fund, they meet weekly to hear pitches from students and then collectively decide whether or not to fund them. If funded, […]
Early stage digital health companies get some love from Maryland TEDCO fund
Vheda Health, a digital health company that seeks to help people with chronic conditions, is one of a handful of healthcare startups that have received backing from a commercialization fund from Maryland’s Technology Development Corp. They were part of a list of 15 companies that received $1.5 million. It follows a funding allocation from earlier […]
AUT Venture Fund gives entrepreneurs a welcome kickstart
Four startup projects led by entrepreneurial AUT University alumni and students got a boost last week thanks to the AUT Venture Fund. AUT Business School alumnus Helgaard Theunissen and his teammate Ernst Jordaan won the alumni division with their business plan for Vermicast – a company that will sell compost produced by earthworms. Vermicast will […]
Investment booms in Pittsburgh thanks to new venture fund
It’s hard to miss investment in Pennsylvania when it takes the form of a downtown high rise or new sports complex, but if you’re not in the business community, you may not be aware of the robust — less visible — investments that propel the state’s economy. In Pittsburgh in the first nine months of […]
A New Fund Is Giving BC Startups A Competitive Edge
At least for the moment, Kevin Cook was in the hot seat. Just over 10 years ago, Cook, BC ’04, was near the front of a room in Fulton Hall as a cluster of budding MBA candidates critiqued his every move throughout his presentation. The criticism and feedback were a daily occurrence in Wally Coyle’s […]