Author: innovosource

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 […]

$24.9M New Zealand Start-up fund recipients announced

Start-up fund recipients announced Science and Innovation Minister Steven Joyce today announced the successful recipients of the 2016 PreSeed Accelerator Fund. “This fund supports the commercialisation of publicly funded research technologies to the point where new companies can be formed or the technology licensed or sold to existing businesses,” Mr Joyce says. “The successful applicants […]

London start-up scene weighs threat of British Techxit

Britain’s tech start-up scene was having a bumper year in terms of new company creation, fresh funding and acquisitions by global tech players before voters decided to leave the European Union in Thursday’s referendum. Now high-profile companies are threatening to pull out or slow down plans to enter the UK market, international employees are second-guessing […]

Chicago Impact Engine Launches $10M Fund, Betting Capitalists Can Do Well While Doing Good

Some dismiss social impact entrepreneurship as a feel-good diversion. But a group of successful investors in Chicago are throwing $10 million on the table to prove that capitalists can do well while doing good. Impact Engine today announced a $10 million early-stage impact investment fund for companies dedicated to making money and  solving one social […]

University of Albany Presidential Innovation Fund for Research and Scholarship

In support of this aim, the University announced the creation of the Presidential Innovation Fund for Research and Scholarship (PIFRS) program last year to stimulate new cutting-edge, interdisciplinary research. Now in its second year, this $500,000 competitive, peer reviewed, seed funding program will once again fund multi-investigator led projects in targeted research areas including liberal […]

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 […]