HX Venture Fund raising $75M for VC investments
HX Venture Fund, which aims to grow Houston’s venture capital ecosystem, is raising money for its second fund-of-funds. HX Venture Fund is raising $75 million from institutional limited partners for HX Venture Fund II, managing partners Sandy Guitar and Guillermo Borda told the Houston Business Journal. The fund-of-funds will have a series of rolling closes, but HX Venture Fund […]
FSU GAP competition supports researchers moving from laboratory to marketplace
A method to improve testing for E. coli in beef and a system for evaluating a product used to reinforce pavement earned funding through a Florida State University program that supports researchers who are bringing their academic work to the marketplace. FSU’s Office of the Vice President for Research awarded faculty members a pot of more than […]
Binghamton University awarded SUNY Prepare Innovation Grants to pursue COVID-19 research
BINGHAMTON, NY—The State University of New York has awarded grants to three teams at Binghamton University to pursue research projects related to COVID-19 as part of its new Prepare Innovation and Internship Program. “It is a great privilege for our students and faculty to have the opportunity to pursue these projects, which could help protect the […]
Embracing Entrepreneurship: Faculty and students apply business mindset to reach personal, professional goals at Rowan University
From Art to Engineering and from Music to Medicine, Rowan University faculty and students are adopting an entrepreneurial mindset to achieve goals both inside the classroom and long after students complete their degree. Following a tone set by President Ali Houshmand, faculty and students say that mindset enables them to be more present and active […]
Deerfield Launches a Novel Funding Mechanism, the X-Seed Award
Deerfield Management Company, a New York City-based healthcare investment firm, today announced the launch of the X-Seed Award, a new program designed to support early-stage life science startups. Award winners will be women and other minority founders in New York City. The X-Seed Award was created by Deerfield as a result of the partnership announced […]
Montana State University student entrepreneurs secure business funding at annual startup challenge
All four teams of Montana State University student entrepreneurs who competed at a startup competition held this fall earned awards and funding to support their ventures. The students were competing in the 31st annual John Ruffatto Business Startup Challenge, which was held virtually between Sept. 21 and Oct. 2. Competing teams pitched their best business […]
Purdue Ag-Celerator invests $100,000 in DISCOVER startup
The Purdue Ag-Celerator has invested a total of $100,000 in a Purdue University startup for the fall round of investment. The recipient is DISCOVER (DIagnostic Sensors for Cause of bOVinE Respiratory disease), a startup created by Mohit Verma, an assistant professor of agricultural and biological engineering at Purdue. DISCOVER is a device for suggesting which antibiotic is most […]
Purdue Startup Fund providing support to move technologies across the world
A new funding option is helping provide support for Purdue-affiliated startups looking to gain traction and improve the world through innovative technologies. The Purdue Startup Fund was started in 2020 by Purdue Ventures, an arm of the Purdue Foundry. The Foundry is an entrepreneurship and commercialization hub whose professionals help Purdue innovators create and grow startups. “This […]
Future Returns: Impact Investing Through Donor Advised Funds | Barron’s
Toward the end of the year, donor advised funds (DAFs) become a popular vehicle for year-end tax breaks and philanthropic aims. But Casey van der Stricht, principal of Solve Innovation Future, a donor-advised venture fund, hopes DAFs will become something more: a forum for disruptive philanthropy as a source of impact capital. A donor advised […]
North East university spin-out fund invests £500,000 in local businesses
An investment fund founded by four of the North East’s universities has invested £500,000 in local firms since its launch. Northern Accelerator is a partnership between Newcastle University, Northumbria University, Durham University, and the University of Sunderland and has been designed to develop businesses with a high growth potential that have spun out of the […]