New Nevada InNEVenture Fund to ramp up commercialization with $100K pilot
A new source of proof-of-concept funding has been established to help University of Nevada, Reno faculty, students, staff and recent graduates determine if their technologies and business ideas have commercialization potential and help them navigate the gap between concept validation and obtaining seed funding for their venture. Applications are being accepted through Tuesday, Oct. 12, […]
Thailand pledges $1m to kick off Asean science development fund
After the first Asean Science & Technology Innovation (STI) Forum, held in Bangkok last week, Science and Technology Minister Pichet Durongkaveroj said the forum had come up with three plans to stimulate education in science and technological development in the region. “As host of the event, Thailand proposed providing $1 million in initial investment capital […]
NSF fosters entrepreneurship, innovation through new awards for I-Corps regional nodes
The National Science Foundation (NSF) has awarded five new grants to teach entrepreneurship and to support research and innovation at regional hubs across the United States under its Innovation Corps (I-Corps™) program. The innovation hubs, known as I-Corps nodes, provide the research infrastructure and training to help researchers transition fundamental science and engineering discoveries to […]
Northwestern receives $10.25 million gift from Galvin family for Kellogg, NUseeds Fund
The Christopher B. Galvin Family Foundation donated $10.25 million to Northwestern, the University announced Monday. The gift brings the total of the $3.75 billion “We Will” campaign to more than $3 billion. The Galvin family has contributed more than $18 million to the University since the campaign launched in March 2014. “Through their meaningful and […]
Johnson & Wales University and Angel Fund Announces The Food Innovation Nexus: a Venture Towards Therapeutic Breakthroughs in Healthy Food and Medicine
Johnson & Wales University (JWU), a world-renowned culinary educator, is no stranger to food innovation. Today it is announcing its newest venture to spur therapeutic breakthroughs at the intersection of healthy food and medicine: The Food Innovation Nexus (FIX). In partnership with three product development entrepreneurs, Michael Allio, Steve Lane and Ken Levy, The FIX […]
Licensing & Ventures Group Hire Seed Fund Director to Shepherd UVA Innovations
Robert J. Creeden has joined the University of Virginia’s Licensing & Ventures Group as its first managing director of the UVA Seed Fund and New Ventures. The Licensing & Ventures Group’s mission is to maximize the impact of UVA’s innovation in research and technology via commercialization while providing high levels of customer service, value-added business […]
Why Money Is Rushing Into Venture Capital from University Endowments
Venture capitalists may be storing up supplies for winter. With VC fundraising on track for its best year since the dot-com era, some investors say there’s a rush to raise cash before it disappears. Paul Hsiao, an investing partner at Canvas Ventures, said one reason the firm raised its latest fund sooner than planned was to avoid a “correction” […]
GE Healthcare to invest up to $50 million in start-up accelerator programme
GE Healthcare, the $18 billion healthcare technology division of General Electric Co., will provide funding of up to $50 million for global start-ups under its new accelerator five.eight programme, aimed at improving affordable healthcare in emerging markets. The company said on Friday that it would potentially invest up to $5 million per start-up to commercially […]
3 Leading Bay Area Research Universities to Partner in $600M Chan Zuckerberg Medical Science ‘Biohub’
The University of California, San Francisco (UCSF), Stanford University and the University of California, Berkeley (UC Berkeley) announced Wednesday they will join forces in a new biomedical science research center funded by a $600 million commitment from Facebook CEO and founder Mark Zuckerberg and pediatrician Priscilla Chan. The San Francisco-based Chan Zuckerberg Biohub, an independent […]
Arizona State’s Avnet Innovation Lab to Fund Tech Entrepreneurs
Arizona State University and global technology distributor Avnet are offering $250,000 in grant funding for technology entrepreneurs. The grants are being awarded through the Avnet Innovation Lab, a startup accelerator launched in May in ASU’s Ira A. Fulton Schools of Engineering. Through the lab’s 12- to 18-month program, participants receive monetary support as well as […]