$115,000 funding awarded to Purdue researchers, advance innovations to commercialization
Four Purdue University researchers will share nearly $115,000 in funding from the Trask Innovation Fund to further develop their innovations and move life-changing technologies through the commercialization pipeline. Twice annually the Trask Innovation Fund awards funds through an endowed development program that assists faculty and staff whose discoveries are being commercialized through the Purdue Research Foundation’s Office of Technology Commercialization. […]
Fresh $668 million Foresite Capital biotech venture fund aims to quench hunger for data, target university startups
A San Francisco venture capital firm backing data-intensive approaches to developing new drugs has raised a $668 million fund that it looks to turn loose on new ways to marry data and biology to bring therapies to market faster. Foresite Capital, whose recent investments include the machine learning drug development company Insitro, recent IPO Arcus […]
Massachusetts Institute of Technology (MIT) establishes MIT-Azerbaijan Fund to support young entrepreneurs and startup ecosystem development in Azerbaijan
SOCAR AQS has signed theagreement with the Massachusetts Institute of Technology (MIT), one of the top universities in the world, for establishment of the MIT – Azerbaijan Fund. The MIT- Azerbaijan Fundwill support the new MIT–Azerbaijan Global Startup Labs initiative to be administered by the MIT International Science and Technology Initiatives (MISTI) Program. The agreement […]
AbbVie and Rice University establish K.C. Nicolaou Research Accelerator to advance oncology therapies
AbbVie, a research-based global biopharmaceutical company, and Rice University today announced they have entered into a joint research collaboration to establish the K.C. Nicolaou Research Accelerator. The research at the Accelerator will focus on synthesizing novel cytotoxic agents for use in the fight against cancer. The collaboration will complement AbbVie’s existing expertise in oncology discovery and early […]
Oxford University’s newest start-up accelerator welcomes its first cohort
The ten teams will be supported by the Foundry through the L.E.V8 programme for a six month period, ending in September 2018. The Oxford Foundry (OXFO) is a new entrepreneurship centre at the heart of Oxford University, an initiative led by Professor Peter Tufano, the Dean of Saïd Business School, with a founding donation from […]
Miami University/University of Dayton receive state funding for technology development
Miami University and the University of Dayton will use a new $400,000 grant from the Ohio Third Frontier Commission to create a technology validation and startup fund. The grant includes $200,000 in matching funds from the two universities. The award is part of a $2.1 million state program designed to help move new technologies from […]
Iowa State University CYstarters accelerator supports students’ big ideas
With as much as $13,000 at stake, expectations were high. Judges were looking for viable, well-conceived concepts worthy of the investment. Those vying for the funding had 10 minutes to make their case. “The pitch is everything. I want to know how invested they are in the idea,” said Dave Sly, senior lecturer in industrial […]
AstraZeneca and SKOLKOVO launched Startup Challenge 2018 acceleration program
AstraZeneca, an international biopharmaceutical company, and SKOLKOVO Foundation announced the launch of a joint acceleration program for projects in the area of oncology, cardiovascular, metabolic, kidney, respiratory, and autoimmune diseases. The scientific partners of acceleration program include National Research Nuclear University MEPhI and Siberian State Medical University. The goal of Startup Challenge 2018 is to […]
The University of Malta TAKEOFF Seed Fund Award
For the 5th year running, the TAKEOFF Seed Fund Award (TOSFA) will support researchers and entrepreneurs with their innovative technologies and business concepts. A total of €100,000 will be awarded through a competitive process whereby the best written applications are shortlisted for a live pitch in front of a panel of judges, with the top […]
USC startups pitch to venture capitalists at showcase
Over 1,000 students gathered at Bovard Auditorium Monday night for the annual USC TAMID Tank, which allowed several students to pitch to a venture capitalist panel for potential investment. Daniel Newman, who founded TAMID Tank at USC last year, was inspired by the organization’s chapter at Queens College. He wanted to give USC students the […]