WVU board OK’s $1.8 M for Startup Engine business program
The WVU Board of Governors approved spending $1.8 million to lease and renovate space to house the College of Business and Economics Startup Engine. Startup Engine will be a business startup accelerator program. The renovated retail space in the University Place student housing complex will hold space for business incubation, co-working and a “live experiential […]
University of Glasgow startup attracts seed funding
A startup founded by a University of Glasgow graduate which enables businesses to gain insight from customer support conversation data has secured £115,000 in seed funding. Prodsight, set up by Tadas Labudis, will use the cash injection to hire key staff over the next 12 months to improve its product and grow the customer base. Lithuanian-born Tadas has been an entrepreneur […]
Washington State University startup receives research grant for affordable/easy-to-use microscope
Klar Scientific, a startup company launched by Matthew McCluskey, a physicist at Washington State University, received a $740,000 Small Business Innovation Research (SBIR) Phase-II grant from the National Science Foundation (NSF) to continue the research and development of a new affordable and easy-to-use microscope. Klar Scientific designs and manufactures an innovative spectroscopic confocal optical profile […]
U Missouri System launches accelerator program to foster, fund student business ideas
Student entrepreneurs in the University of Missouri System could earn up to $30,000 in prize money thanks to a new systemwide initiative known as the Entrepreneur Quest Student Accelerator. The program, which UM System President Mun Choi announced Friday in his State of the University Address from Columbia, involves the University of Missouri–St. Louis and the system’s other three campuses. […]
SMPL Receives $100,000 Investment from University of Michigan’s Zell Founders Fund
The Zell Founders Fund, a student-led venture fund in the Zell Lurie Institute for Entrepreneurial Studies at the University of Michigan, announced today that it has made a $100,000investment in organic snack brand, SMPL. Today, SMPL also launches its new brand, introducing a line of organic superfood bites developed for the modern lifestyle consumer. The innovative snack brand utilizes a […]
Lockheed venture arm spreads its wings overseas
Lockheed Martin’s venture capital arm focused on emerging technologies has made its first investment outside the United States in Main Sequence Ventures, itself another emerging technology investment fund that is just a year old. Australia-based Main Sequence Ventures said Wednesday it closed an almost $232 million fund with Lockheed Martin Ventures among several backers that […]
Cigna Venture Fund for Healthcare Startup Growth
Bloomfield health insurer Cigna announced Wednesday it has committed $250 million to a corporate venture fund meant to spur healthcare startup growth. Named Cigna Ventures, the fund is aimed at investing in new, innovative healthcare companies focused on improving care quality, affordability, choice and more. Cigna said it will use the venture fund to identify early stage […]
UM System launches accelerator program to foster, fund student business ideas
Student entrepreneurs in the University of Missouri System could earn up to $30,000 in prize money thanks to a new systemwide initiative known as the Entrepreneur Quest Student Accelerator. The program, which UM System President Mun Choi announced Friday in his State of the University Address from Columbia, involves the University of Missouri–St. Louis and the system’s other three campuses. […]
Israel-Colorado Innovation Fund invests in startup
The Israel-Colorado Innovation Fund has made an investment in the Israeli startup Kando. Kando monitors wastewater in real-time through a cloud-based software solution that tracks and monitors key wastewater quality parameters, making it ideal for wastewater utilities to gain insight into their system dynamics. While owning a building seems like something every successful business should […]
VC fund for food-tech in Israel signs Cornell partnership
Medstrada, a new venture capital fund focused exclusively on food technology, was opened in Tel Aviv by former senior Pitango Venture Capital life sciences partner Ruti Alon. UNCOVER ISRAEL – Get the ISRAEL21c Weekly Edition free by email Sign Up Now! The fund is still raising capital but has announced its first cooperation agreement with […]