CIT GAP Funds Named Virginia’s Most Active Investor
The Center for Innovative Technology (CIT) announced today that CIT GAP Funds has been named Virginia’s most active investor by CB Insights, developer of a tech market intelligence platform that analyzes millions of data points on venture capital, startups, patents, partnerships, and news mentions to predict future technology trends. CIT GAP Funds joins an impressive list […]
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 […]
Pilot Funding to Help Advance Translational Research
“Our partnership with Washington University creates opportunities for MU faculty to compete for funding in many ways, including the Clinical and Translational Research Pilot Program,” said Jerry Parker, PhD, associate dean for research. “The Pilot Awards help faculty gather preliminary data for larger applications, so they are an important component of our research ecosystem.” The […]
$10M gift sparks new program that will develop leaders of innovative ventures
Believing that today’s complex problems require interdisciplinary solutions and innovative, technology-based thinking, Thomas S. Roberts (MBA 1989) and his wife, Kristen, were intrigued by the idea of helping Harvard undergraduates with a passion for technology and entrepreneurship become future leaders of innovative ventures. So, the Roberts are excited to be supporting the Undergraduate Technology Innovation […]
University of Michigan to invest up to $20 million in four of its startups
ANN ARBOR—The University of Michigan will make a $2.75 million initial investment into four U-M startups with potential funding of up to $20 million through subsequent financing rounds. The U-M Board of Regents approved the investments Thursday through the Michigan Investment in New Technology Startups initiative. The MINTS fund, which is overseen by the U-M […]
Maryland ‘TEDCO 2.0’ comes into focus
TEDCO made a series of promotions and hiring moves as the state’s quasi-public organization backing early-stage companies looks to rework the programs it offers to help entrepreneurs. The latest announcement hones in on themes that recently-hired CEO George Davis touched on in announcing “TEDCO 2.0” at the organization’s Entrepreneur Expo in Baltimore last fall. Davis, who was an entrepreneur and […]
Three Penn State University research projects receive funding via College of Engineering ENGINE grants
The Penn State College of Engineering recently selected three projects for funding through its Engineering for Innovation & Entrepreneurship (ENGINE) grant program. Now in its fifth year, ENGINE grants provide financial support to transition early-stage research results through a proof-of-concept phase, with the ultimate objective of forming a start-up company or licensing the technology to […]
Industry and University Collaborations: How Partnerships Drive Innovation
Recent development in industry and university collaborations have proven themselves a worthwhile investment for both industry leaders and universities. Take the Clemson University bioengineering students for instance. While traveling abroad in Tanzania, the students assessed the medical device needs in that particular area for the university’s Developing World Biomedical Device Innovation Co-Op program. The program […]
Want disruptive research? Go small instead of big
Conventional wisdom suggests that large teams are better at solving complex problems. And, in this era of specialization, many discoveries are the work of large groups of experts from a diversity of fields. But it’s not yet time to abandon support for small teams of scientists, according to a new study in Nature. By analyzing data […]