HHS launches venture capital partnership on technology to combat future pandemics
The U.S. Department of Health and Human Services has entered into its first ever venture capital partnership, a public-private agreement that’s ultimately meant to combat future pandemics and other types of health emergencies. Through the Biomedical Advanced Research and Development Authority’s Ventures program, part of the HHS Office of the Assistant Secretary for Preparedness and Response, BARDA […]
UI, IBM announce $200 million Discovery Accelerator Institute
IBM and the state of Illinois are partnering with the University of Illinois to invest $200 million over 10 years in a new Discovery Accelerator Institute. The Grainger College of Engineering hopes to launch the new institute this fall, Dean Rashid Bashir said. “We look forward to working with them to develop this new model of […]
Startup’s recent success tied to Penn State entrepreneurial ecosystem
UNIVERSITY PARK, Pa. — In the past year, State College-based Phospholutions has grown from seven to 20 employees, and recently raised $10.3 million in venture capital funding to support the development and growth of its RhizoSorb soil-enhancement technology across market segments and expand to global markets. Phospholutions CEO Hunter Swisher began developing RhizoSorb as an undergraduate in the plant […]
Opinion: UConn innovation program key to job creation, graduate retention in the state
Entrepreneurship and innovation hold the keys to job creation, wealth creation and a bright economic future for Connecticut. The COVID-19 pandemic has seen a resurgence of millennials and other young people moving back to Connecticut. It is critical that we take advantage of this opportunity to grow the economy and secure our future. We believe that UConn […]