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 […]
$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 […]
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 […]
New U.K. funding agency aims to tackle innovative research | Science
The U.K. government has released its plans for emulating the storied high-risk, high-reward U.S. funding agency, the Advanced Research Projects Agency. During the 2019 election campaign, the Conservative government promised to set up such an agency, and Prime Minister Boris Johnson’s former adviser Dominic Cummings pushed for it. Now, it has a name: the Advanced […]
How student engagement initiatives have adapted to the remote environment
UNIVERSITY PARK, Pa. — The ways in which student engagement initiatives have changed as a result of the remote learning environment and the lessons learned that can be leveraged for future out-of-classroom experiences were discussed during the Board of Trustees Committee meeting on Outreach, Development and Community Relations today (Feb. 18). Administrators from the Penn […]
Chevron’s Houston-based venture arm launches $300M fund focusing on low-carbon tech
Chevron Corp.’s investment arm has launched a $300 million fund that will focus on low-carbon technology. Chevron Technology Ventures LLC’s Future Energy Fund II builds on the success of the first Future Energy Fund, which kicked off in 2018 and invested in more than 10 companies specializing in niches like carbon capture, emerging mobility, and […]
Led by startup founders, the Midwest Fund aims to back companies at the earliest stages
A new fund is launching in the Midwest to invest in early stage startups across the region. And it’s led by a group of experienced founders who are committed to reinvesting in their startup communities. The Midwest Fund is the latest geographic-specific VC group from The Fund, a New York-based venture firm that’s previously launched funds in Los […]
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 […]