Broad Foundation boosts California stem cell research funding with $10M gift to USC
SC’s groundbreaking stem cell research and training programs have received a major boost thanks to a $10 million gift from the Eli and Edythe Broad Foundation. The donation is part of the foundation’s latest $30 million funding initiative to support its namesake Eli and Edythe Broad stem cell research centers at USC, UCLA and University of California, […]
Innovation Economy Panel: More Hubs, More Funding Equal More Success
New Jersey needs centers of innovation, technology and venture capitalism to compete with other states, panelists at the Venture Funding in the New Jersey Economy event said recently at the Heldrich Hotel in New Brunswick. The event was sponsored by the New Brunswick Development Corp., better known as Devco, which currently is developing The Hub in […]
European Research Council makes move to promote commercialisation
The European Research Council (ERC) is stepping up efforts to promote the commercialisation of research its funds, setting up a website to link holders of its €150,000 proof of concept grant with potential investors. To date, 26 proof of concept grant holders have joined the Virtual Venture Fair, which is intended as a shop window for […]
IBM/Egypt: Changing the Startup Scene with Technology
Egypt has one of the fastest growing startup ecosystems in the world and the second largest after the UAE. It is also witnessing a strong entrepreneurship wave, driven by a domestic appetite for technological advancement. According to recent statistics, more than 73% of Egyptians think entrepreneurship is a good career choice, and a total of […]
CIT’s Virginia Founders Fund Invests in Fringe to Change the Way Employers Offer Benefits
The Center for Innovative Technology (CIT) announced today that the Virginia Founders Fund has invested in Richmond, Va.-based Fringe. Founded in 2018, Fringe is the first employer benefits marketplace. The platform offers employers an easy and cost effective way to manage their perk programs, and gives employees the opportunity to pick the benefits that matter most […]
Imperial-TUM seed fund takes off
The fund, backed equally by Imperial and Technical University of Munich as part of their ‘flagship partnership’, will seed early-stage research activity in healthcare haptics, battery storage, and ideas for a circular economy. The start-up funds will help researchers explore new ideas and directions of research to further their respective fields: Re-working wind By combining our expertise through the […]
Innovation, at Universities and in Industry
Some thoughts this morning on universities and industry and their contributions to research – and for once, this isn’t going to be another long screed on drug research in particular. No, I’m particularly talking about what each of these brings to R&D in general, and about the places (both conceptual and physical) where they seem […]
Startups, UCSD Team Up on Tech-Heavy Hub
UC San Diego has struck a partnership with local startup group EvoNexus, hoping to funnel more of its students and alumni into Evo’s new incubator for startups working on financial technology, or “fintech.” EvoNexus, one of San Diego’s most popular and most competitive startup incubators, announced in April that it was expanding to form a separate […]
Hopes for £100m venture capital fund to back university spin-outs
A partnership of North East universities is looking to create a £100m venture capital fund that will be used to grow spin-outs from some of the region’s top minds. The Northern Accelerator was initially created to support spin-out businesses from the organisation’s partner universities – Durham, Newcastle, Northumbria and Sunderland. It is now looking to […]
Berkeley’s renegade history fuels its rise to the top in startup competition
UC Berkeley is renowned for its history of rebellion, upsetting the status quo and stretching the limits of the way things ought to be. That reputation, when viewed from the outside, has often been seen as negative. But a new ranking listing Berkeley as the No. 1 public school in the world for funded founders […]