Delaware Innovation Space Launches First Fund Investment Program
First Fund provides early stage startups with critical funding to easily and quickly access Delaware Innovation Space’s business building expertise, core programs, scientific equipment, and extensive multi-use wet laboratories. Eligible startups can each secure up to $75,000 investment from the First Fund Program, via a convertible note, funding monthly site-license costs for residency at the […]
How Universities Can Support Women-Led Entrepreneurship
When Maria Artunduaga won a University of California award in 2017 for her team’s technology to manage pulmonary disease, she noted a critical factor in the victory: contest-organized mentorship from Jocelyn Brown with the Rice 360˚ Institute for Global Health. “Her experience building health technologies for preterm babies in Africa was key to our success in the Big Ideas student innovation […]
UK incubators nurturing the next biotech generation
What type of environment is best to foster biotechnology startups through their first years? With more UK universities putting resources into supporting spinout companies, and dedicated life science incubators springing up at sites abandoned by large pharmaceutical firms (and elsewhere), the options for entrepreneurs are expanding in scope, style and availability. Keith Powell, a London-based […]
Harvard OTD launches Experts-in-Residence program
Harvard’s Office of Technology Development (OTD) has launched an Experts-in-Residence (XIR) program, creating a powerful new resource for Harvard faculty and researchers to accelerate startup formation and support the commercialization of University innovations. Initially, 28 XIRs have volunteered for the program. The XIRs include partners at venture capital firms, scientific entrepreneurs, R&D executives, and other respected experts on company […]
Co-creative university-industry innovation must be core mission of universities
European universities need to embrace change by continuing to forge alliances with innovative companies and independent research groups to use and develop their knowledge in cooperation with the outside world, experts agreed at the 8 March launch of the European University Association’s new report The Role of Universities in Regional Innovation Ecosystems. This analysed in-depth case […]
Universities shift to biotech, med-tech startup mode
Food allergy professor Cathryn Nagler has become a celebrity of sorts. The University of Chicago’s Polsky Center for Entrepreneurship & Innovation gets emails almost every week from people—oftentimes parents of children with food allergies—looking for an introduction and asking if they can support her work. Nagler’s startup, ClostraBio, develops therapies that prevent or treat allergic […]
Osage University Partners raises $273 mln for third fund
Osage University Partners (“OUP”), a Philadelphia area-based venture capital firm, today announced the closing of Osage University Partners III, L.P. (“OUP III”) at $273 million, exceeding its target of $250 million. OUP III marks the firm’s third fund dedicated to investments exclusively in startups that are commercializing university research, bringing OUP’s total assets under management […]
Deerfield commits $100M to establish translational research alliance with Harvard
Harvard University and Deerfield Management, a health care investment firm, have established a major strategic R&D alliance to speed the development and translation of biomedical and life-science innovations into transformative treatments that can improve life, health, and medical care. Through a newly launched company called Lab1636, Deerfield has committed $100 million in initial funding to […]
New university-business partnerships to boost jobs and local economies – GOV.UK
The rollout of new University Enterprise Zones will strengthen links between the research and expertise developed in universities, and ensure they further align with the needs of local businesses. UEZs are a form of ‘incubator’ that provide physical space and facilities for small businesses, where they access support, specialist facilities and knowledge. Helping universities to […]
$6M Endowment Fund: U of T planning to establish new medical research fund with
Plans are underway to establish a $6 million endowment fund to support medical research conducted by U of T faculty members. The endowment, slated to be named the Drucker Family Innovation Fund, was proposed by U of T Professor of Medicine Daniel Drucker and is planned as part of the university’s celebration of the 100th […]