Indiana University College of Arts and Sciences announces $4.46 million gift, will create funds
The College of Arts and Sciences at Indiana University Bloomington announced today a gift of over $4.46 million from alumnus Lawrence M. Blatt, a pioneering virologist and the founder of Alios BioPharma Inc. Blatt’s gift will provide funding for an array of new and ongoing endowments in the College of Arts and Sciences. Among them, […]
U Texas/Sanofi Partnership Illustrates Biomedical Research Turning More to Private Funds
The pharmaceutical company Sanofi will fund up to $2.4 million a year in biomedical research at the University of Texas System under a deal announced Thursday, the latest in a trend toward more research funding from private industry as government research money dwindles. The university system and multinational company called the agreement a mutually beneficial […]
University of Chicago Innovation Fund Awards $150,000 to Therapeutic Human Exosome Project for Multiple Sclerosis & Migraine; Two Other Projects Also Receive Significant Funding
On July 7, 2015, it was announced that three teams from the University of Chicago and Argonne National Laboratory are one step closer on the journey to commercializing their innovative discoveries and technology. They have each been selected to receive funding from the University of Chicago Innovation Fund. The Innovation Fund awards grants and invests […]
Zells donate $60 million to University of Michigan, support funds
The University of Michigan’s business school is set to receive $60 million from the Zell Family Foundation, which has now donated more than $150 million to the university over the years. The money will go to extend programs at the Samuel Zell and Robert H. Lurie Institute for Entrepreneurial Studies and create new ones. “This […]
U Illinois Announces Newest Round of POC Recipients, 7 Awards
The Office of Technology Management (OTM) is proud to announce the 2015 awardees of the Illinois Proof-of-Concept Funding Program (I-POC). I-POC funds development projects that will help demonstrate an innovation’s viability to potential investors and partners. 2015 I-POC Award Recipients: This year’s I-POC award recipients were selected from a stellar pool of applicants from colleges […]
Valley of death looms for Australian ideas
When Swiss pharmaceutical giant Novartis pounced on Australian biotech Spinifex Pharma for $US700 million ($915.69 million) this week, one fact stood out: without federal government funding, this Australian pain therapy innovator may never have made it out of the lab. Cash is still being thrown at research and development, but after the Abbott government axed […]
TEDCO program lets startups borrow veteran executives – Baltimore Sun
Plenty of small businesses seek out bank loans. But now Maryland startups can borrow an executive. A new program is lending young companies some human capital to help advance their businesses. The Maryland Technology Development Corp., better known as TEDCO, has provided a half-dozen companies with experienced executives as often as two days a week […]
University of Michigan’s Zell Lurie Commercialization Fund Invests in Reveal Design Automation
The Zell Lurie Commercialization 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 invested in Reveal Design Automation, an Electronic Design Automation (EDA) start-up developing software tools for formal verification of complex semiconductor […]
Seven projects could receive $200K in funding through U Wisconsin’s Ideadvance Seed Fund
The Ideadvance Seed Fund, aimed at helping more people on University of Wisconsin campuses commercialize their ideas, has identified seven projects that could receive a total of as much as $200,000. Sleep Environment Innovations LLC, a company that came out of the University of Wisconsin-Milwaukee, qualified for stage two funding of as much as $50,000, […]
Alabama Innovation Fund has $4.5M to award grants for technology growth
The Alabama Innovation Fund has $4.5 million to support programs that seek to leverage research performed by the state’s universities and other institutions to generate new ventures, create jobs and spur additional economic development opportunities. Created in 2012 as part of the “Accelerate Alabama” strategic growth plan, the Alabama Innovation Fund awards grants to bolster […]