Rogue launches new venture fund with Oregon State
Portland investment firm Rogue Venture Partners is launching a new startup fund with Oregon State University. Rogue has already raised $4 million for the current fund and hopes to raise between $10 million and $20 million by the end of that, according to Tom Sperry, the firm’s managing director. He said Oregon State has committed […]
New early-stage venture fund forming with eye on Pittsburgh startups
Pittsburgh-area entrepreneurs will soon have another funding option for growing early phase startup companies. Pharmaceutical giant GlaxoSmithKline has thrown its support behind the creation of a $100 million venture capital fund, which will help meet a need for early stage business startup capital in the Pittsburgh area. Philadelphia-based SG3 Ventures anticipates awarding its first round […]
4 universities form Triangle Venture Alliance to fund startups
Boosted by a $250,000 federal grant, four Triangle Universities are forming the Triangle Venture Alliance which plans to work with alumni in funding startups. The alliance is the second major boost to emerging ventures in the Triangle in two days, NCSU having announced a new $1M fund and accelerator as well on Tuesday. Duke disclosed […]
Transition in Tech Transfer: Will MIT Ever Start a Venture Fund?
By the end of June, Lita Nelsen will retire from MIT’s Technology Licensing Office, where she has worked for 30 years. She has been director of the office since 1993 and has seen a lot of things. Nelsen recently sat down with Xconomy to talk about trends in tech transfer and entrepreneurship. One timely issue: […]
New university crowdfunding platform provides opportunities for organizations
Students and faculty will have the opportunity to raise funds for projects through a new crowdfunding platform university officials developed, which will be available in April. The Office of University Advancement is currently working with Community Funded, a crowd funding solutions company based in Fort Collins, Colorado. Community Funded works with many other universities who […]
Syracuse CASE Awards Three University-Industry $50,000 Grants for Collaborative Research
The Center for Advanced Systems and Engineering (CASE) at Syracuse University announced the winners of its inaugural University-Industry Seed Funding Competition. This unique program provides New York State companies with an opportunity to receive up to $50,000 in leading-edge University-based research and development with no immediate matching investment. The competition, announced in October, was open […]
ENGINE grants provide funding for College of Engineering faculty entrepreneurs
Three projects have been selected for funding through the College of Engineering’s ENGineering for Innovation & ENtrepreneurship (ENGINE) grant program. Now in its second year, the program provides financial support to faculty to help transition their early stage research results through a proof-of-concept phase, with the ultimate objective of forming a startup company or licensing […]
Purdue Ventures to Oversee Startup Investments
The combined investment resources for Purdue University-affiliated startups will now be managed by a single entity. The newly-created Purdue Ventures will oversee the deployment of $37 million in investments from the Purdue Research Foundation’s multiple funding resources. Dan Hasler, president and chief entrepreneurial officer of the Purdue Research Foundation, says it makes sense to put […]
New Iowa startup investment fund on the horizon
A new fund that would invest in Iowa startups is in the works after receiving certification from the state. River Glen Venture Partners aims to raise a pool of $25 million it would invest in early-stage companies, fund founder Matt Busick said. “We think that’s the right number to build a portfolio over four to five years of 10 (startups) […]