You can build a healthier startup without VC money
Venture capital spending reached an all-time high in 2018, at roughly $131 billion across nearly 9,000 deals. For a founder in this environment, it’s hard to imagine not going the VC route. But VC funding doesn’t guarantee you success, and it isn’t right for everyone. Consider, for example, that one-fifth of startup founders are outright replaced after accepting VC funding, and 60% are no longer leading their company […]
Here’s Why Mentorship is a Must for a Startup
Hundreds of young people are entering the startup ecosystem. It’s a flood of such companies and activity. The whole country is coming up with new ideas for products and service. Either they are new products, new services, or even new ways of doing the same things. Money is no longer an issue. HNIs are funding […]
FSU and UF receive $29 million to speed discoveries leading to better health
The University of Florida Clinical and Translational Science Institute, in partnership with Florida State University, has been awarded $29 million to speed research discoveries that will lead to improved health for people living in the nation’s third-largest state. UF and FSU will expand their research partnership with the five-year award, which is funded by the […]
Pitching competition will highlight Iowa State innovation, entrepreneurship State University
More than 150 Iowa State University entrepreneurs will pitch their ideas to visitors at the ISU exhibit during this month’s Iowa State Fair. The exhibit, “The Great Iowa State Pitch Off: STANDING InnOVATION!,” will be in the Varied Industries building at the Iowa State Fair, held Aug. 8-18. The theme of Iowa State’s fair exhibit […]
UWM entrepreneurship center receives $1 million from Bud and Sue Selig
The University of Wisconsin-Milwaukee announced a $1 million gift Wednesday from former Milwaukee Brewers owner Bud Selig and his wife, Sue, the latest of several high-profile investments by big names in UWM and the UW System. Selig, who is the commissioner emeritus of Major League Baseball, is credited with bringing MLB back to Milwaukee in 1970 when he […]
UA Fueling Rapid Tucson Tech Growth
Tucson tech and talent have hit the map, as low unemployment and high demand for talent have tech companies turning to smaller communities to fill their pipelines, according to a new report that says Tucson is the leading emerging market in the United States. In its 2019 Scoring Tech Talent report, global commercial real estate services […]
Venture Firm Wellington Partners Launches $237 Million Life Science Fund
Wellington Partners, a top European venture capital firm based in Munich, Germany, announced the final close of its fifth-generation Wellington Partners Life Science Fund V (WPLS-V). It closed at $237 million (U.S.), which is the largest Wellington Partners fund targeting life sciences. The fund plans to build a portfolio of about 15 to 20 companies, with a […]
This VC Firm Just Raised More Than $1 Billion To Invest in Moonshots
Lux Capital, a New York-based venture capital firm, has raised more than $1 billion across two new funds to back companies on “the cutting edge of science.” The firm raised $500 million for its sixth flagship early-stage fund and another $550 million for an opportunity fund focused on growth-stage investments. Limited partners include global foundations, university […]
Science Trust gets significant grant from U.S. Dept. of Commerce
The Puerto Rico Science, Technology and Research Trust was selected as one of the 44 nonprofit entities will receive funding from the U.S. Economic Development Administration’s Regional Innovation Strategies Program, which will award a total of $23 million to expand high impact entrepreneurship. The Trust will launch the Investor Bridge Project based on Puerto Rico’s […]
Maryland Energy Innovation Accelerator launched to advance clean energy adoption
With the recent launch of the Maryland Energy Innovation Accelerator (MEIA), the Maryland Clean Energy Center (MCEC) is poised to deliver on its mission of assisting energy related research and technology efforts to commercialize and move to market. MEIA plans to take clean tech from bench to business. MEIA aims to facilitate early-stage technology commercialization […]