University of Michigan’s Social Venture Fund Invests in Conversa Health
The Social Venture Fund, in collaboration with the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan’s Stephen M. Ross School of Business, today announced that it has participated in the Series Seed B convertible note round for Conversa Health, a rapidly growing San Rafael Calif.-based patient engagement company. […]
Weills donate $185M to UCSF for neuroscience research, innovation fund
Former Citigroup Chairman Sandy Weill, his wife Joan, and The Weill Family Foundation are donating $185 million to the University of California, San Francisco (UCSF) to establish the UCSF Weill Institute for Neurosciences. Advances in medical research have largely focused on cancer and cardiovascular diseases, whereas studies on the brain have only recently begun to […]
New $3M University of Michigan fund launched to accelerate engineering, medical translational research products
The University of Michigan has launched the Monroe-Brown Seed Fund, a new funding vehicle designed to advance the process of transitioning commercially viable engineering and medical research projects to market. The fund, approved today by the U-M Board of Regents, is a collaboration between the U-M College of Engineering’s Center for Entrepreneurship and the U-M […]
Akron’s capital idea: More seed money now will grow more jobs later
Akron hopes to lure another group of biomedical and technology-related companies to the city with $1.75 million in new private equity funds. Akron BioInvestments Fund I, established in 2012, helped build 13 businesses and products that concentrate on everything from surgical glue and image-guided surgery to online therapy for children with special needs and DNA […]
HSBC launches £10bn fund to support UK SMEs
It is the largest package of support to be announced by HSBC for UK SMEs and has been structured regionally, so that small firms in England, Wales, Scotland and Northern Ireland can access funds. HSBC said the fund is designed to meet strong demand from UK SMEs and follows the success of the £8bn fund […]
Jamaica Technology Innovation Fund to be created
Minister of Energy, Science and Technology Dr Andrew Wheatley says the Government is moving to make Jamaica the Caribbean’s leading producer of technology, through the creation of a Technology Innovation Fund. He explained that the Fund will provide for the sustainable financing of technology-based and start-up projects. Dr Wheatley was speaking at the opening of […]
Backed VC outs its “community-driven” €30M European seed-stage fund
Another day, another new European VC fund. This time it’s the turn of London-based Backed VC, which today is officially outing its €30 million pan-European seed-stage fund, although it’s been active since last year and has already made several investments. The aim, founding partner Andre de Haes tells me, is to bring a more “community-driven” […]
Bridging the Gap: Commentary on University Technology and Start-up Gap Funding for 4/22/16
[sharing tagline=”Please Share This With Your Networks!” tagline_color=”” title=”” link=”” description=”” pinterest_image=”” icons_boxed=”” icons_boxed_radius=”4px” box_colors=”” icon_colors=”” tooltip_placement=”” backgroundcolor=”” class=”” id=””][/sharing][fusion_text] So This Happened Last Week… 1)Don’t stop me if you have seen this…. The long-term success of a growing company is hindered by investors pressure to push through to an early exit. The established company […]
UTSA students vie for $100K in prizes technology start-up contest
Get your pitch ready: The $100K Student Technology Venture Competition is back at UTSA on April 26. The competition, hosted by the UTSA Center for Innovation, Technology and Entrepreneurship (CITE), challenges UTSA students to create and pitch a product exciting enough to nab $100,000 in prizes and business-related services. The event is combined with the […]
University of Michigan, Michigan State target funds for Venture Capital from endowments
The University of Michigan‘s endowment has bolstered its alternative assets with more than $100 million in commitments to venture capital and real estate funds. Separately, Michigan State University reported its latest endowment strategies. The school doubled its commitment to $60 million to an outperforming alternative investment fund run byDrake Capital Advisors. UM plans a new […]