Virginia Tech awarded $1.1 million grant from the Virginia Research Investment Fund

Gov. Terry McAuliffe announced on Monday, Jan. 9, a $1.1 million grant from the Virginia Research Investment Committee (VRIC). The grant was awarded to a Virginia Tech research team, which collaborated with a University of Virginia research team and private company VoltMed Inc. to complete the project, according to the application for funding submitted by […]

IBM, Comcast Back New Blockchain Startup Fund 

Tech giant IBM and the venture arm of telecoms conglomerate Comcast are backing an investment fund focused on scaling early stage startups that help enterprises use blockchain technology. MState, a startup accelerator, aims to invest in blockchain startups globally and ultimately connect them with Fortune 500 customers, co-founder Rob Bailey told Bloomberg. The accelerator is seeking to […]

New Stamford program aims to accelerate startups’ growth

After making major progress last year, southwestern Connecticut’s newest business accelerator is aiming to maintain its momentum in 2018. Focused on enterprise-oriented startups, TechXel graduated last month its first group of businesses. Its founders say the early feedback from participants, mentors and speakers suggests that the initiative has established a promising model for helping entrepreneurs […]

Hyundai Motor Builds Global New Venture Capital Investment System

The Hyundai Motor Group will set up an open innovation center in Beijing, China and Berlin, Germany within year. Including those in Korea, Silicon Valley in the United States and Tel Aviv in Israel, a total of five advanced bases will be built to absorb excellent ideas from start-ups. “We will strengthen the efficiency of […]

Comcast Is Now Taking Applications for Its New Startup Accelerator

Comcast announced this week that it’s now officially taking applications for seats in its LIFT Labs accelerator. Techstars will run the program at the new Comcast Technology Center, which was topped off last month. As we reported last year, the 12-week LIFT Labs’ accelerator program is designed to support media, entertainment and connectivity startups. Techstars says that companies focused on IoT/connected […]