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 […]
How a gift activated a new social impact entrepreneurship design in inside higher ed
In 2009, The Lewis Family Foundation gave a generous gift to Babson College with the express desire to galvanize faculty, students, staff, and alumni around the greater notions of social entrepreneurship and social impact, influencing Babson’s core strategy to educate leaders who will create economic and social value simultaneously. President-Elect Stephen Spinelli MBA’92, who will […]
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 […]
The Value of Industry-University Collaborations in Water Research
Traditionally, research conducted at many universities falls under the category of fundamental research, which is primarily conducted to enhance our basic knowledge in a certain area. In the trenchless technology industry, and regarding the university researchers active in the field, the focus has been much more on the application of knowledge to solve engineering and […]
$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 […]
CIT Gap Funds invests in medtech startup
The Herndon, Va.-based Center for Innovative Technology (CIT)announced that its CIT GAP Funds is investing in Richmond, Va.-based Tympanogen, a medical technology company that develops ear, nose, and throat (ENT) treatment devices based on a proprietary gel patch technology. “We have a great opportunity to take over what many consider to be a neglected market. ENT surgeons want a […]
University Gap Fund/Accelerator Leader Interview Series: Tech Launch Arizona
An Interview with the TLA Team How would you describe the need for gap funding/accelerator programs to someone outside of the university tech commercialization/innovation community? University research presents a compelling opportunity for commercialization, but sometimes the innovation itself may not be ready for license into a company. Certain questions need to be addressed: Do […]
Maryland TEDCO Generates $1.6 Billion in Economic Benefits to the State of Maryland and Supports 7,746 Maryland Jobs
The Maryland Technology Development Corporation (TEDCO), Maryland’s economic engine for technology companies, announced today the findings of an independent economic impact study detailing the economic development contributions of TEDCO’s five core programs to the state of Maryland. Conducted by Richard Clinch of the University of Baltimore’s Jacob France Institute and Mitch Horowitz of TEConomy Partners (JFI-TEConomy), the study found that TEDCO is a significant […]
Recursion and Center for Technology & Venture Commercialization to Jointly Launch Incubator
Recursion and the University of Utah’s Center for Technology & Venture Commercialization (TVC) have signed a memorandum of understanding to explore the launch, programming, and management of an incubator for life science and technology startups. The incubator will be located in Recursion’s former Research Park offices, and the company will sponsor the space for an initial period of […]