Author: innovosource

Australian $200M medical research investment fund signs up university members

Three New Zealand research organisations have signed up to become members of the Medical Research Commercialisation Fund, Australia’s largest life science venture fund. Otago University, the Malaghan Institute, and Callaghan Innovation are joining the fund’s collaborative structure which includes more than 50 Australian medical research institutes and research hospitals, the Australian federal government and five […]

Battery startup big University of Waterloo Velocity Fund winner

A startup that is developing battery technology was the big winner at the Velocity Fund Finals at the University of Waterloo on Thursday. Salient Energy won one of four $25,000 prizes as well as a $10,000 prize awarded to the top hardware startup in the competition. Ten startups competed for prizes in the Velocity Fund […]

Third €100,000 Malta Seed Fund enables start-ups to take off

The Ministry for the Economy, Investment and Small Business today handed out funds at this year’s €100,000 Seed Fund Award during a ceremony which was presided over by the Rector of the University of Malta, Prof.  Alfred J. Vella. This year’s €100,000 TAKEOFF Seed Fund Award will benefit 9 researchers and entrepreneurs to help them […]

Indiana to propose $1B plan to boost innovation, entrepreneurship

Indiana Gov. Mike Pence on Thursday is scheduled to announce a plan to spend $1 billion over the next 10 years to boost innovation and entrepreneurship in the state. The plan centers on collaboration between government, research universities, communities and the private sector. Pence was set to publicly unveil the multi-pronged proposal at the eighth […]

RI Slater Fund offers $500,000 for new drug-discovery firm

The Slater Technology Fund on Thursday announced it is dedicating $500,000 in seed funding to help launch MindImmune Therapeutics, a company that hopes to develop drugs that will utilize the immune system to treat such neurological diseases as Alzheimer’s and Huntington’s. The money will further expand the company’s collaboration with the George and Anne Ryan […]

New $256M European institute to fund research and innovation

An initial sum of €240 million (US$265 million) will be made available to a newly created national institute that will fund research and innovation in Greece, and will support government efforts to pull the country out of prolonged recession and create new jobs. The aim of the Research and Innovation Institute will also be to […]

Luxembourg to Set up a Seed Fund for Innovative Start-up Companies for U Luxembourg

The Luxembourg Government launched jointly with a group of private investors a seed fund to support the financing and the development of start-ups up to seven years of age which are operating within the national digital economy field. This move is a further step in increasing Luxembourg’s visibility as a hub for launching new innovative […]

Sacramento devotes $10 million to high-tech firms, but plan faces risks

When the City Council approved a $10 million fund for high-tech investments last month, Sacramento joined a handful of municipalities across the country hoping to buy their way into the economy of the future with public money. Philadelphia, Portland, Ore., – and now Sacramento – don’t expect to turn themselves into the next Silicon Valley. […]

Alaska Launches Tech Accelerator Fund

“Diversify the economy” is Alaska’s rallying cry as oil production and prices sink. First of its kind Alaska tech accelerator Launch: Alaska wants to put the idea into action with the hot-ticket item of booming Lower 48 metro areas. The program combines Anchorage municipal goals to draw more diverse businesses into the city with private […]