Harvard Innovation Lab awards $310,000 in prizes
The Harvard Innovation Lab, a university-wide initiative that fosters student entrepreneurship, awarded $310,000 in prize money Tuesday night to winners of the sixth annual President’s Innovation Challenge, an interdisciplinary competition for students to develop solutions to pressing problems within the health and life sciences industry. According to Jodi Goldstein, managing director of Harvard Innovation Labs, […]
New Brunswick announces $63.6 million in funding for two innovation agencies, funds
ew Brunswick’s provincial government announced that it is making significant investments into two innovation agencies and contributing money to the Innovation Voucher Fund, according to a report from Entrevestor. In the first of the two announcements, New Brunswick’s government said it is investing $63.6 million in the New Brunswick Innovation Foundation (NBIF) and the New […]
Simon Fraser University receives $1 million from Coast Capital Savings for student program
Simon Fraser University has received a $1 million gift from Coast Capital Savings to help fund Western Canada’s first university business “student incubator” over the next five years. Don Coulter, president and CEO of the 1,650-employee Surrey-based credit union, said he was extremely proud” to announce to fund the SFU Venture Connection over the next […]
Mind the Gap Summit: Attract External Investors to Gap Funded POC Projects and Startups
While just a small percentage of the total venture, corporate, angel activity, the role that early stage investors has and should play in the early development of research institution technologies and startups should not be discounted.
More than the capital itself, these investors and partners bring a wealth of market knowledge and networks of management talent and business connections. Research institutions can take advantage of this resource by strategically integrating investors and corporations into their operation, especially in evaluatory and advisory functions.
In this session, we will discuss how active relationship-building between research institutions and the investment and corporate community supports operations, orders startup priorities, and strategically directs limited development capital in the near-term, while setting up the possibility for later investment and commercial partnership.
Company with University of Kansas roots goes public on NASDAQ
Cory Berkland might not be the first person you’d guess would help to create what has become a multimillion-dollar company. The distinguished professor, appointed in the departments of Pharmaceutical Chemistry and Chemical & Petroleum Engineering at the University of Kansas, grew up on a pig farm in Iowa, studied chemical engineering at the undergraduate and […]
India Govt aims at job creation through venture capital funding of MSME
The state government has prepared a strategy to give fresh impetus to the small and medium scale industrial sector which is credited to play an important role in providing job opportunities and remove regional imbalances. The department of small-scale industries and export promotion is in the process of creating a dedicated venture capital fund to […]
University Of Sydney startup Abyss raises $1m to take underwater data service global
A provider of underwater robotics out of University of Sydney, which claims it could have prevented California’s recent Oroville dam crisis, has raised $1 million for global expansion. Abyss Solutions, whose 18-member team comes mostly from Sydney Uni’s Australian Centre for Field Robotics, claims to have built high-resolution sensors paired with fault detection algorithms that, when attached to aquatic drones, […]
University of Arizona Startups Draw Silicon Valley Attention to Tucson
On May 3, four startups founded on inventions based on University of Arizona research made their pitches at an accelerator in one of the nation’s epicenters for technology and entrepreneurship: Silicon Valley. The audience consisted not only of a live crowd at the TechCode offices; the pitches were live-streamed to TechCode network locations around the […]
Oculus VR co-founder Brendan Iribe donates $50,000 to UMD’s Startup Shell
When junior computer science major Sam Drozdov approached Brendan Iribe — co-founder of virtual reality company Oculus VR — during the on-campus coding marathon Bitcamp in April, he wanted to build a relationship between the entrepreneur and the student-run organization Startup Shell. Drozdov didn’t expect Iribe to donate $50,000 to the group later that month. […]
Microsoft Ventures doubles down on AI with new investments in Agolo and Bonsai
Ever feel like there’s just too much information out there? New York-based Agolo is hoping so. The startup is developing a program that summarizes large amounts of information using artificial intelligence — and it’s one of two AI startups that announced new funding Wednesday from Microsoft’s corporate investment arm, Microsoft Ventures. Agolo’s funding, first reported by VentureBeat, […]