GAP Insights: Caltech / How Philanthropy Built a Lasting Commercialization Ecosystem
Philanthropic capital is often discussed as a source of research funding. At California Institute of Technology, philanthropy has played a much broader role by helping build the infrastructure, funding mechanisms, and culture that support technology commercialization. The latest example is an $11 million gift from the Gates Frontiers Fund, including $10 million to support equity […]
GAP Insights: Hong Kong / Government-Led Capital Formation for University Spinouts
Hong Kong is making a significant bet on university commercialization as a driver of economic development and innovation-led growth. Through the RAISe+ (Research, Academic and Industry Sectors One-plus) scheme, the government has committed more than HK$3 billion (US$383 million) across 73 university-led commercialization projects. The program provides up to HK$100 million per university team, with […]
University Hospitals launches innovation program for startups
University Hospitals in Cleveland is partnering with Creative Destruction Lab and Case Western Reserve University to launch a healthcare innovation program designed to help startups test and scale technologies within a real clinical environment. The initiative, called CDL-Cleveland, will host Creative Destruction Lab’s Healthcare Delivery stream and marks the first CDL site anchored to a health system, […]
NSF deploys $250 million to restart Small Business Innovation Research & Small Business Tech Transfer programs
The U.S. National Science Foundation today relaunched its Small Business Innovation Research/Small Business Technology Transfer programs with $250 million for the nation’s startups and small businesses, including an announcement of a new $40 million pilot emphasis area targeting the next generation of scientific instrumentation. The instrumentation initiative will invest in technologies that open entirely new […]