Bumper year for NUI Galway startups as they reaped €35m in investment funds
In a very successful year for innovation during 2018, NUI Galway start-ups secured €35 million between private equity investment and research funding while the 36 companies based at the university’s Business Innovation Centre now employ 173 people, which represents an increase of 20 per cent over 2017. The year also saw NUI Galway sign more […]
U Chicago researchers broaden impact by bringing scientific discoveries to market
Few people get a bigger whiff of the entrepreneurial spirit taking hold among biosciences faculty members than Thelma Tennant. “I walk down the halls of the lab buildings regularly,” Tennant said, “and I don’t think I’ve made it to a meeting without having someone come out a door and say, ‘Hey, I’ve been meaning to call […]
MassChallenge Looks To Accelerate Tech Innovation In Finance Industry
Boston’s major finance companies are teaming up with startups to develop innovative technology for the industry through a new program created by the tech accelerator MassChallenge. Twenty-one startups — including 11 from the Boston area — will participate in the financial technology program called MassChallenge FinTech. The startups will focus on industry issues ranging from automating the lending […]
Student-Run Venture Capital Fund Launches in Israel
The Center for Entrepreneurship at Ben-Gurion University of the Negev (BGU) is launching $1m student-run venture capital fund. Cactus Capital will invest in student, recent graduate and academic entrepreneurial initiatives. The fund will offer three tracks: – Ignite: Up to $5,000 for technological startups in the ideation stage – Validate: Up to $20,000 for technology startups […]
Purdue Foundry Investment Fund provides $750,000 to advance 3 life sciences startups
Purdue Research Foundation’s Foundry Investment Fund has invested a total of $750,000 in three life sciences startups to advance them to commercial viability. Novosteo Inc., Phytoption LLC and Confluence Pharmaceuticals LLC each will receive a $250,000 investment from the fund. The goal of the fund is to add critical capital for the transition from the discovery of a promising technology to […]
Catalyzing economic growth in the Heartland starts with research universities
ow can the American Heartland raise the quality of its economic growth for its region and the nation? This was a core issue raised by the recent State of the Heartland: Factbook 2018 report, and the question continues to be raised in many articles. No doubt it’s a tough question, but one promising strategy is clear, compelling, and ready […]
Honda partners with universities to investigate human-like AI
Artificial intelligence (AI) that reasons like a human remains elusive, but Hondahopes to make inroads. The Tokyo company’s U.S.-based Research Institute today announced a collaboration with three academic institutions — the Massachusetts Institute of Technology (MIT), the University of Pennsylvania (Penn), and the University of Washington — to advance the field of artificial cognition. MIT’s Computer Science and Artificial […]
Puerto Rico Science Trust to Lead NIH Initiative to Support Biomedical Technology Transfer and Acceleration in Puerto Rico
Grant funds will help build capacity to move scientific discoveries and technologies from the lab and into commercial products to improve patient care and enhance human health. Awards were made by the National Institute of General Medical Sciences (NIGMS), part of the National Institutes of Health (NIH), for Regional Technology Transfer Accelerator Hubs for Institutional […]
Two IURTC venture funds invest $400,000 in marketing data technology company
The Indiana University Philanthropic Venture Fund and the Innovate Indiana Fund have invested $400,000 in Indianapolis-based Zio Inc. Zio has created its Customer Insight Marketing Platform for brands in the retail sector. The company was co-founded by CEO Angel Morales and IU graduate Reuben Vandeventer, who is its chief data scientist. Morales said the platform creates insights into […]
Five student ventures progress to compete for $100,000 prize in 2019 ASU Innovation Open | ASU Now: Access, Excellence, Impact
Last Friday, five student-led teams each won $5,000 and moved one step closer to potentially earning the $100,000 grand prize to fund their startups in the ASU Innovation Open pitch competition. Excitement and expectation reverberated throughout the presentation room at ASU’s SkySong campus as the early-stage entrepreneurs representing the top 15 ventures presented five-minute pitches […]