New UConn Innovation Fund Provides Business Startups with Important Early-Stage Financial Support
The University of Connecticut in partnership with Connecticut Innovations (CI) and Webster Bank today announced it is establishing a $1.5 million UConn Innovation Fund that will provide early-stage financial support to new business startups affiliated with UConn. Investments of up to $100,000 are available to any student, faculty member, or alumnus of the university […]
Through corporate venture fund, Exelon gets intel while startups get funding
When Constellation Energy Group decided to back Astrum Solar in 2011, it was a huge boon for the Baltimore energy startup. Astrum was founded in 2008 on the idea of bringing residential solar energy to the East Coast, where the technology had been slower to catch on compared with California and its neighbors. But while […]
Does every university need its own venture fund?
There are a number of other funds affiliated with various universities across the country. Cambridge Enterprise Seed Funds is this year celebrating 21 years of investment. IP Group has had deals with various universities for some time. This is in addition to Imperial Innovations, Oxford Sciences Innovation and of course our very ownCambridge Innovation Capital […]
University of Buffalo seed fund aims to make an IMPACT on new, innovative research
Greg Fabiano readily admits that his research project using a driving simulator to test teenage drivers who have attention deficit/hyperactivity disorder never would have received federal funding if it weren’t for a smaller seed grant that helped lay the framework for the study. The grant came in 2009 via an award administered through the University […]
Venture fund puts $6 million into UCSD inventions
Two technologies from UC San Diego – a saliva diagnostics sensor and foam that can generate power – have been selected for up to $6 million in funding by local start-up investor NextWave Venture Partners. The deals highlight NextWave’s business model of licensing promising technologies from universities and research institutes. It has named its latest […]
Alafair Biosciences raises $2M with eye on marketing, product development; U Texas Horizon Fund invests
Alafair Biosciences Inc. has identified how it plans to spend its most recent $2 million series A funding round — the Austin medical device company said Monday afternoon it will use those dollars for product development and to widen its branding reach. The investment, first reported by Austin Business Journal back in mid-July, was led […]
ONGC launches Rs 100 crore start-up fund to ignite new ideas
ONGCBSE 0.87 % has launched a Rs 100 crore start-up fund on its Diamond Jubilee year to foster, nurture and incubate new ideas related to oil and gas sector. The initiative, christened as ‘ONGC Start-up’, is in line with the government’s initiative ‘Start-up India’. As part of this initiative, ONGC will provide the entire support […]
Avacta Group and Leeds University secure £3.8m fund to develop new diagnostic tests
Avacta Group plc, the science-led healthcare supplier, has announce that a collaborative programme with Leeds University has been awarded a £3.8m grant by the Medical Research Council. The Wetherby-based supplier of Affimer biotherapeutics and research reagents, will use the grant to develop novel, rapid diagnostic tools incorporating Affimer reagents, to differentiate between viral and bacterial […]
726 Applicants to Compete for GA State Start-up Funding
Georgia’s Ministry of Economy and Sustainable Development released the latest information about the State project ‘Start-up Georgia’ which promises to fund the most creative and innovative ideas in business. According to the Ministry, 726 applicants have filed their business ideas to compete for funding. Among these projects 580 are about innovations and 146 relate to […]
Nomura-Keio University Fund Boosts Investment Target for Japan Startups
Keio University and Nomura Holdings Inc. increased the fundraising goal for their venture-capital partnership by 50 percent to 15 billion yen ($147 million) after demand from Japanese financial firms during the first phase of financing exceeded expectations. Keio Innovation Initiative Inc., founded by Japan’s oldest university and biggest brokerage, closed the first round last month with […]