The United States needs a research investment fund to compete with China

America may no longer be able to boast, “We’re No. 1!” In their 2011 bestseller “That Used To Be Us,” Thomas Friedman and Michael Mandelbaum compellingly suggested the mantra no longer applies. And about a year ago, the International Monetary Fund (IMF) made it official: China has overtaken us as the world’s largest economy. China […]

Indiana University to fund $300M in research

Indiana University will invest at least $300 million during the next five years in a new research program designed to develop transformative solutions to world problems. Titled the Grand Challenges research program, it will fund up to five large-scale research projects that will be selected through a competitive review process, the university announced Wednesday. Applications […]

UK’s Institution of Mechanical Engineers launches £2 million fund to help bridge ‘valley of death’ between research and bringing products to market

The Institution of Mechanical Engineers is launching a new fund, Stephenson LP, aimed at helping companies overcome the investment hurdle between Research and Development and bringing a product to market. The fund, initially worth a total of £2 million, is in line with the Institution of Mechanical Engineers’ original statement of purpose set out by […]

IDEA, Northeastern University’s Venture Accelerator, Announces Award Recepients

This past August, IDEA ventures pitched their business plans to IDEA’s Advisory Board with the goal being to receive Gap Funding of up to $10,000. This opportunity is available to ventures on a bi-monthly basis and each business plan is reviewed by IDEA’s student Investment Committee before being selected to pitch. IDEA’s Gap Fund is […]

University of Wisconsin FluGen snaps up $12 mln Series A

FluGen Inc., a biotechnology company developing a novel “universal” influenza vaccine, has completed a $12 million Series A financing. Venture Investors LLC, the Wisconsin Alumni Research Foundation (WARF), the State of Wisconsin Investment Board, and other new investors participated in this first institutional financing of the company, along with many of FluGen’s existing investors led […]