Gramm: Innovation should come naturally in a college town 

A recent Forbes.com article stated: “With nearly 50 percent of millennials looking to start their own business in the next three years, it is not a surprise that the new generation of entrepreneurs aren’t based – or even particularly interested – in Silicon Valley.” College towns such as Lubbock, Gainesville, Fla., and West Lafayette, Ind., […]

Startup Incubator Aims to Spur Life-Saving Innovations

 business incubator working to improve the lives of patients with heart, lung, blood and sleep disorders is expanding its reach to the next generation of pioneering biotech and medical-device entrepreneurs. Heart, lung and blood diseases account for 41 percent of deaths in the United States and lead to more than $400 billion in health-care expenses […]

Google announces startup accelerator in Waterloo and new office in Toronto 

TORONTO–Google yesterday announced a new accelerator program to help grow startups at the series-A funding and seeding stages. The accelerator is Google’s first Google for Startup accelerator in Canada and 12th world-wide. According to a Fortune article, 90 per cent of startups never take off, with insufficient capital, disharmony, poor marketing, and wrong team composition listed as key failing points. Well-funded companies, […]

Why the Government Needs To Create A $10B Venture Fund for Artificial Intelligence 

The greatest threat to our national security is not China, it’s the growing misalignment between the government and emerging technology companies. The U.S. government does not have a unified national agenda regarding artificial intelligence that has broad industry alignment, government investment and a clear sense of strategic imperatives. As such, global corporations are developing AI […]

Congratulations “Accelerating from Lab to Market Pre-Seed Grant” Awardees

We are pleased to announce the first three awardees for our Accelerating from Lab to Market Pre-Seed Grant program. Thirteen competitive applications were submitted in response to the inaugural request for proposals and we thank all those members of the Penn faculty who submitted. We congratulate the following three awardees of pre-seed grants from this program: […]

U Michigan’s Desai Accelerator announces new endowment funding, extended program

The University of Michigan’s Desai Accelerator has just announced two significant developments to expand the services it offers to early-stage tech startups. The Desai Accelerator Endowment Fund has been formed to fund the program, thanks to a donation from the Desai Sethi Family Foundation, and the length of the program is being extended. Angela Kujava, […]

Two Purdue innovators advance their technologies through Trask funding 

Two Purdue University researchers have received a total of $80,585 from the Trask Innovation Fund to help their labs commercialize their innovations. The fund is a development program established to support projects that advance the commercial value of Purdue intellectual property. The fund makes awards twice a year to aid faculty and staff with their patented innovations […]