UoN received Sh100m to fund new innovations

The University of Nairobi will receive additional funding of Sh100 million annually to fund new inventions and to host an exhibition to showcase its innovations yearly, President Uhuru Kenyatta has announced. Speaking when he officially opened UoN Nairobi Innovation Week, President Kenyatta challenged other universities to showcase their innovations in fields such as agriculture and […]

Ratan Tata, University of California to set up venture capital fund

Tata Sons Ltd’s chairman emeritus Ratan Tata is gearing up to get more serious and institutional about the early-stage investing business, after a prolific run as an angel investor. Tata, 78, in partnership with the University of California, is setting up a venture capital fund with a corpus of around $100-150 million and has already […]

Indiana University Plans Alumni Venture Fund, Taps Partnerships

Tony Armstrong recognizes the importance of forging alliances. It’s a core part of his job as the president and CEO of Indiana University’s Research and Technology Corporation—the university’s tech transfer arm—and as the assistant vice president in the Office of the Vice President for Engagement. Armstrong says partnerships are especially key to advancing innovation and […]

NYU and ffVC collaborate on AI startup support program

The NYU Tandon School of Engineering and ff Venture Capital (ffVC), a leading early-stage technology venture capital firm based in New York City, this morning will announce New York City’s first program to launch and support artificial intelligence (AI) startups. The program will also mark the first time in the United States that a university […]

Proposed $100 million public-private partnership would seed new Michigan VC funds

The trade group for venture capitalists in Michigan wants to form a $100 million fund to match millions in private capital with public investment.  Under the proposal that’s being pushed by the Michigan Venture Capital Association, private investors would put $75 million into a fund to seed new venture capital funds, an amount the state […]

UB CAT awards over $500K to innovative life sciences companies

The University at Buffalo Center for Advanced Biomedical and Bioengineering Technology (UB CAT), a program of UB’s New York State Center of Excellence in Bioinformatics and Life Sciences (CBLS), has awarded more than $500,000 in funding to 16 life sciences companies. Sponsored by the New York State Division of Science, Technology and Innovation (NYSTAR), the […]

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 […]

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 […]