[COA Member] University Hospitals Ventures looks to encourage innovation
Looking to provide patients with complex, chronic diseases quicker access to costly medications, University Hospitals launched Specialty Pharmacy in 2016. It has become the first enterprise of UH Ventures, a new arm of the system that aims to develop business models leveraging existing capabilities and develop new revenue for the organization. And the new effort, […]
UAE launches seed grants to support space research
The UAE government has launched the Space Settlement Challenge; a dedicated seed grant fund of Dh2 million ($544,424) that supports ambitious projects from all areas of research pursuing ideas and concepts to unlock the future of human space habitation. The Space Settlement Challenge is the first project of the newly established Mohammed Bin Rashed Centre […]
[COA Member] University of Virginia group’s seed fund spurring local entrepreneurship
The University of Virginia has now invested nearly $1 million in the early stages of student and faculty startups, joining the growing number of schools investing in homegrown enterprises. Universities increasingly have investment funds and programs to boost entrepreneurship within and around their campuses. UVa’s Licensing & Ventures Group’s $10 million Seed Fund, launched in […]
Local startups compete in Alabama Launchpad competition for $100,000 prize
Nearly a dozen Alabama startup companies, including seven from Auburn, competed in the Auburn Regional Alabama Launchpad competition Thursday at the Courtyard by Marriott in Auburn. The competition was made up of teams from Lee, Tallapoosa, Chambers, Macon and Russell counties and the teams had 10 minutes to pitch their business plans to the judges, […]
4490 Ventures Raises $49M Fund to Support Startups in Midwest
4490 Ventures, a Madison, WI-based venture capital firm that supports startups in the Midwest, has raised $49 million for its second fund, according to a document filed with federal securities regulators on Wednesday. Greg Robinson, managing director at 4490, says the document is an “interim filing” and 4490 plans to finish raising its second fund later this […]
Rochester ED $5 million fund supports start-up companies
For the past five years, the Rochester Economic Development Fund has been striving to create new local jobs by financing business start-ups, like GoRout and Vyraid. The fund, financed with $5 million of local-option sales-tax dollars, has doled out more than $2.5 million in loans, investments and grants to 15 early stage companies and business […]
University of Akron, Ocius Technologies team receive $1.5 million award from DARPA
Ocius Technologies LLC and the Department of Electrical and Computer Engineering at The University of Akron announce the receipt of a $1.5 million Defense Advanced Research Projects Agency (DARPA) Small Business Technology Transfer (STTR) Phase II award in collaboration with Case Western Reserve University (CWRU). This award will fund research over a three-year period that […]
Ideadvance Seed Fund pursues past and present UW System colleagues
Innovators with current or past ties to the UW System are invited to apply to the Ideadvance Seed Fund with business ideas that could contribute to Wisconsin’s “knowledge economy.” The Ideadvance program provides business funding and mentoring toward a scalable, profitable business model. Grant dollars are earned by teams after they demonstrate key learnings toward […]
Invent Penn State awards $200K to four campuses
As part of its Invent Penn State initiative, Penn State today (Feb. 5) announced four new seed grants, each valued at $50,000, designed to bolster entrepreneurship and economic development in communities surrounding Penn State campuses across the Commonwealth. With today’s announcement in the Pennsylvania State Capitol, the University’s effort has grown to include 21 hubs for innovation […]
University of California, Riverside Highlander Venture Fund puts $50K into ‘Next-Generation’ Mosquito Repellent
A venture capital fund created to help faculty and alumni of the University of California, Riverside, move their marketable discoveries to the buying public made its second investment late last month. The funding will allow the startup company Sensorygen to develop a sweet-smelling mosquito repellent that’s effective, safe, natural, and affordable. The Highlander Venture Fund (HVF) invested […]