Fund worth $25-million launches for early-stage African tech startups
Savannah Fund, a technology seed fund focused on investing in early-stage startups across sub-Saharan Africa has announced the launch of a $25-million fund. The investment funding secured has been led by The International Finance Corporation (IFC), a member of the World Bank Group with participation from the Women Entrepreneurs Finance Initiative (WeFi), Tim Draper of Draper Associates, […]
Two students, four faculty awarded NOVA Fellowship FuTUre Fund innovation prizes
The NOVA Fellowship at The University of Tulsa has awarded FuTUre Fund innovation prizes to two students and four faculty. This funding will support their projects aimed at boosting the culture of innovation at TU. Since 2013, TU has hosted the NOVA Fellowship program, which puts students and faculty in charge of a project of their own creation. These […]
From lab to everyday life: Princeton accelerator fund supports promising innovations
The program gives discoveries an extra push through the development pipeline to bring technologies to the stage where they are ready for further investment, from either a startup or a larger company. “Princeton researchers work at the leading edge of discovery, forging new directions by pursuing original ideas,” said John Ritter, director of the Office of Technology […]
Startup fellowship looks to fill ‘funding chasm’ for underrepresented entrepreneurs
Applications for a new virtual fellowship that supports underrepresented talent will be open later this month. Founded in December 2020, Visible Hands is a 14-week program that provides funding, company-building services and an ecosystem of industry experts to people whose gender or racial identity is severely underrepresented in the tech industry. According to the program’s website, […]
$110M for nine innovative McGill research projects
Today, Élisabeth Brière, Member of Parliament for Sherbrooke and Parliamentary Secretary to the Minister of Economic Development and Official Languages announced funding results from the Canadian Foundation for Innovation’s (CFI) Innovation Fund (IF) for universities in Quebec. Nine McGill research projects received nearly $45 million in funding through this CFI-IF competition. Combined, the nine McGill-led […]
Portland Seed Fund stands to reap a windfall from Seattle company’s $6.5 billion sale
A major technology deal in Seattle could have big implications for entrepreneurship in Portland. Identity authentication startup Auth0 sold Wednesday for $6.5 billion in stock to Okta, a larger rival that provides its own security technology. Founded in 2013, Auth0 received early funding from the Portland Seed Fund, which backs early stage companies in the […]
Accelerating drug development without sacrificing safety
Normally, when you hear about innovation in R&D, the focus is on the “R” and not the “D.” There’s a tendency to assume that lab-based scientists do the really creative research, whereas clinical development is a fairly straightforward, check-the-boxes activity. There’s a kernel of truth in this otherwise unfair assumption. Just as the basic design […]
Teams selected for accelerator program are innovators in animal feed, alternative packaging, additive manufacturing and math education
Four faculty-led innovation teams have been selected to participate in the fourth cohort of the University of Maine’s Maine Innovation Research and Technology Accelerator program (MIRTA). MIRTA assists UMaine researchers in advancing public and commercial application of their discoveries. The teams dedicate 20 hours a week for 16 weeks to market research, intellectual property analysis and business […]
Intern builds confidence through work with startup in entrepreneurship program | Penn State University
For Jeanette Debek, the problem-solving nature of entrepreneurship sparks a special type of excitement. To foster this excitement and learn more about the entrepreneurial mindset, the junior studying advertising in the Donald P. Bellisario College of Communications enrolled in Penn State’s intercollege minor in entrepreneurship and innovation (ENTI). Debek’s ENTI courses educated her on entrepreneurship concepts, and […]
Raynier Institute & Foundation Establishes Fund to Support Minority Entrepreneurship at Drexel and the Science Center
The Raynier Institute & Foundation, a Seattle-based philanthropic organization with Philadelphia roots, has partnered with Drexel University and the University City Science Center to improve access to capital for minority entrepreneurs in the area. The institutions will collaboratively manage a seed fund created by a $500,000 grant from the Foundation, which was founded by an heir of Philadelphia […]