Michigan Innovation Fund Gives $60 Million To Help State’s Startups
LANSING – The Michigan Strategic Fund Board officially established the Michigan Innovation Fund on Tuesday, allocating $60 million toward evergreen venture capital funds. The board’s vote was necessary to finalize the implementation of the fund after Gov. Gretchen Whitmer signed a package of bills spurring its creation in January. The Michigan Innovation Fund is the largest funding […]
Princeton innovation funds support advances in artificial intelligence, bioengineering, materials science and more
Princeton Engineering researchers are combining their expertise in chemical engineering, materials and computation to design crystalline materials that can be used to mitigate pollution or make sustainable cements. In bioengineering, another project aims to unravel how dormant bacteria resist antibiotics and incite intractable infections. These are among 21 projects funded by the latest round of […]
Rowan University’s New Venture Competition & Expo awards more than $55K to winning teams
An annual business plan competition in which dozens of teams sought major start-up financing came down to five student groups April 18: a chicken sandwich venture with a line of house-made sauces; a referral management company; a bakery; an online production management platform; and a would-be seller of nutritional supplements for children. After weighing presentations […]
From Lab to Startup: Harvard’s Office of Technology Development Paves the Way for Research Commercialization
After Harvard graduate students Benjamin C. Schaefer and Angela Feldhaus spent six years studying the physical mechanisms behind lightweight flight devices, they decided to translate their findings into a new invention. With their research in hand, they approached Harvard’s Office of Technology Development to license their invention for commercial use. Four years later, Schaefer and […]
Blazing a new trail for early-stage innovation: Purdue announces creation of Low Institute for Therapeutics (LIFT)
WEST LAFAYETTE, Ind. — Prostate cancer. Malaria. Influenza. All diseases one step closer to eradication thanks to the tireless, lifelong efforts of professor Philip Low. Now he’s planning to usher his world-changing innovations into a new era. The creation of the Low Institute for Therapeutics (LIFT) was announced Tuesday (April 29) at an event on […]
Mayo Clinic Platform_Accelerate Showcase celebrates promise of health tech innovation for improving patient care
Mayo Clinic Platform_Accelerate celebrated the program’s most recent cohort of health tech startups, including 15 innovative businesses from around the world. During the showcase event, held April 23 in Eagan, Minn., each company presented progress and outcomes from the 30-week accelerator program, providing a glimpse into the future of medicine. “We are incredibly proud to celebrate […]