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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
How To Allocate Your Funds As A Bootstrapped Startup Founder | Forbes
Investing resources is required to start and grow a startup. Luckily, money is not the only resource we own. Your time, skills and knowledge are invaluable resources that make an even stronger impact on the success of a business. After all, financial capital is created by investing human capital. Make these three investment decisions for […]
CIT GAP Funds Makes Follow-On Investment in 4stay to Support Rapid Growth
The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has made a follow-on investment in Arlington, Va.-based 4stay, an online marketplace for student housing that connects students, interns, and professionals with local hosts, roommates, and room providers. Since the GAP Funds’ original investment in late 2018, 4stay’s management team has doubled down on their efforts […]
UI, OSF research partnership on medical innovations getting $50 million boost
A new process for “bioprinting” individualized human heart models, to help surgeons practice for heart operations. A virtual-reality training program for intubations, now being used by medical institutions across the U.S. and abroad. A simulator to train medical professionals how to connect patients to machines that pump and oxygenate blood outside the body when the […]
UH launches $2M research fund to commercialize new technologies
The University of Houston System has launched a $2 million research fund to help faculty commercialize new technologies. The Chancellor’s Technology Bridging Fund announced Thursday will offer grants to help faculty build prototypes or test their technology under industry-relevant conditions — stages of development that don’t typically receive basic research funding. “The Technology Bridging Fund will fill […]