UK’s Institution of Mechanical Engineers launches £2 million fund to help bridge ‘valley of death’ between research and bringing products to market
The Institution of Mechanical Engineers is launching a new fund, Stephenson LP, aimed at helping companies overcome the investment hurdle between Research and Development and bringing a product to market. The fund, initially worth a total of £2 million, is in line with the Institution of Mechanical Engineers’ original statement of purpose set out by […]
Five local OH startup companies raised $275,000 from Innovation Fund at Lorain County Community College
Five local startup companies have raised $275,000 from the Innovation Fund at Lorain County Community College. Two companies received $100,000 non-recourse loans, which only need to be paid back if the companies are successful. The other three received $25,000 grants, according to a news release from the Fund. The loans went to Apollo Medical Devices […]
Indiana University to fund $300M in research
Indiana University will invest at least $300 million during the next five years in a new research program designed to develop transformative solutions to world problems. Titled the Grand Challenges research program, it will fund up to five large-scale research projects that will be selected through a competitive review process, the university announced Wednesday. Applications […]
The United States needs a research investment fund to compete with China
America may no longer be able to boast, “We’re No. 1!” In their 2011 bestseller “That Used To Be Us,” Thomas Friedman and Michael Mandelbaum compellingly suggested the mantra no longer applies. And about a year ago, the International Monetary Fund (IMF) made it official: China has overtaken us as the world’s largest economy. China […]
Enterprise Ireland Launches €500,000 Competitive Start up Fund
Enterprise Ireland is delighted to announce a Competitive Start Fund aimed at attracting international start-ups to locate to Ireland.Ten companies will each receive an investment of €50,000 for a 10% equity stake. In addition, the winning companies will receive a package of other supports including mentor, development program, etc.Applications are made online and the twenty […]
Perceptive Navigation Receives $225,000 From Maryland State Venture Fund
Perceptive Navigation, a medical device company in Baltimore, has been awarded a $225,000 investment by the Maryland Venture Fund (MVF), the state’s primary venture capital investment program. Perceptive’s first product, an ultrasound probe dubbed Vu-Path, uses the company’s advanced imaging techniques to allow surgeons to precisely place and guide the instrument during procedures. The state’s […]
Indian Aaruha Technology Fund for start-ups launched
Budding entrepreneurs now have one more source of support, with the launch of Aaruha Technology Fund by StartupXseed, a seed-funding company, here on Thursday. B.V. Naidu, Managing Partner, StartupXseed, said the key differentiator was that the funding comes along with strategic support, mentorship and exposure to venture capitalists (VCs), so that the start-ups can graduate […]
University of Huddersfield funds support researchers developng new device to improve quality of care for young cancer patients
The ‘Hickman Lines’ or central line catheters, will be safely and comfortably hidden away in the harness, while still delivering the medication, including chemotherapy, to children. A DEVICE, developed through a collaboration by a team at the University of Huddersfield and a local charity, is set to improve the quality of care for child cancer […]
FireSpring, Orlando local seed fund, gets $100K boost from Orange County – Orlando Business Journal
The Orlando startup community’s plan to create an evergreen seed fund to help early-stage entrepreneurs receive funding they need to grow their business just got a boost from the Orange County. The Orange County Commission unanimously agreed to give the FireSpring seed fund $100,000 on Aug. 25. The fund is another step toward the seed […]
Syracuse Launches $150K Internal Research Grant Program to Support Scholarly Exploration
The University’s Office of Research has launched a new internal grant program to help support faculty research opportunities and advance collaborative scholarship. The program, announced Monday by Vice President for Research Gina Lee-Glauser, provides a total of $150,000 in funding for faculty to develop essential relationships; obtain foundational results to expand or sustain their research, […]