University of Oregon spinoff companies receive state innovation grants

Two companies spun out of research conducted at the University of Oregon are among five Oregon startups that will share $300,000 in state innovation grants for small businesses. The companies — SupraSensor Technologies and NemaMetrix — will receive a combined total of more than $110,000 from Business Oregon, the state’s economic development office, to help […]

State allocates $250M for second N.C. Innovation Fund – Triangle Business Journal

On Wednesday, State Treasurer Janet Cowell announced a new $250 million North Carolina Innovation Fund. Two-thirds of the sum will be earmarked for co-investments in diverse industries, including growth sectors in the state. The remaining third will have a multi-stage focus, according to Cowell’s office: venture, growth, buyout and mezzanine. The announcement, made alongside former […]

Russia, China partner on $200 million venture fund, tech incubator

The United States isn’t the only place in the world where money is pouring into high-tech innovation. On Tuesday, Russian prime minister Dmitry Medvedev’s Skolkovo Foundation for technical development and the Chinese Cybernaut Investment Group agreed to create a $200 million venture fund, a startup incubator for Russian businesses and a new Chinese robotics center, […]

How discovery science is reinventing the world

“Without discovery research, without innovation, applied research can only go so far,” says MIT Institute Professor Phillip Sharp. “There are strikingly important things we just don’t know exist, but discovering them through basic science changes the whole world.” That’s precisely what happened to Sharp. He came to MIT in 1974 to join the Center for […]

$200 million for Australian Medical Research Commercialisation Fund

Brandon Capital Partners, the manager of the Medical Research Commercialisation Fund (MRCF), has announced the closing of a $200 million life science venture capital fund. It is the third MCRF fund to be raised by the company and will be Australia’s largest ever life science venture fund. Over 50 medical research institutes and research hospitals […]