Business idea cultivation at the University of Malta

The fifth edition of the Takeoff Seed Fund Awards (Tosfa) saw €100,000 being distributed between seven promising start-ups and proof of concept projects. This year’s increasing interest and sheer quality of entries marks another healthy milestone for the ground-breaking scheme initiated a few years ago between the Economy Ministry, the University of Malta’s Centre for […]

Purple Arch Wants to Back More Northwestern Alumni Startups With 2nd Fund

Purple Arch is a venture fund for Northwestern alumni, by Northwestern alumni. And the young VC firm is already raising its next fund to back more entrepreneurs that bleed purple and black. Purple Arch, founded in 2016, closed its first fund last year. The $5 million fund backed 20 Northwestern University-affiliated startups, including Chicago startups like […]

Michigan MTRAC Innovation Hub awards $700,000 for advanced transportation projects

Three autonomous driving technologies are among 10 projects to receive approximately $700,000 in investments from the University of Michigan MTRAC Innovation Hub program. The Michigan Translational Research and Commercialization statewide Innovation Hub for Advanced Transportation is backing the products that have potential to reach the transportation market, the program announced Monday. The MTRAC program is […]

Joint Iowa, Iowa State research teams win seed grants to launch bioscience projects 

In an effort to spur greater collaboration between bioscience researchers at Iowa State University and the University of Iowa, the two schools have awarded seed grants to help investigators build teams, collect data, grow projects and win grants. This is the first year of the seed grant program supported by the Office of Research and Economic Development at […]

Emerging source of innovation funding?Penn State University launches new donor-advised fund

Penn State has partnered with TIAA Charitable to provide alumni and friends with a leading-edge, donor-advised fund, the Penn State Giving Fund, which they can use to enhance their overall philanthropy while supporting the University. Donors can open a Penn State Giving Fund beginning today. “The University is enthused to partner with TIAA Charitable to […]

NUI Galway medtech accelerator returns 

The NUI Galway-hosted medtech accelerator BioExcel is open for entries for its 2018/2019 cohort. The programme allows participants to build and commercially validate their technologies by working with existing entrepreneurial networks, mentors and management team. Funded by Enterprise Ireland, Western Development Commission, Galway University Foundation, Bank of Ireland seed and early stage equity fund, BioExel […]

Nationwide venture fund makes second strategic startup investment in U College London spinout

Nationwide Building Society has participated in a $1.8 million seed funding round for a GDPR-compliant data sharing startup spun out of University College London. Founded just 18-months ago, Hazy’s online platform automatically anonymises datasets shared between business entities, using AI to sniff out personal data buried in files. GDPR legislation means that use of anonymisation […]