New Jersey creates $20M fund to support AI startups
New Jersey is putting new money behind artificial intelligence startups and launching a $20 million investment fund designed to give early-stage companies access to capital, mentorship and business support to grow in the Garden State. The New Jersey Economic Development Authority, in partnership with AI infrastructure company CoreWeave, announced the creation of the NJ AI […]
GAP Insights: Penn launches $10M StartUP Fund for university spinouts
The University of Pennsylvania has unveiled its newest initiative to support early-stage startups emerging from academic research: a $10 million StartUP Fund offering up to $250,000 in seed funding to ventures with at least one Penn faculty or researcher founder. Managed by the university’s Office of the Chief Innovation Officer and reviewed by a team […]