Consortium of Spin-Out Companies from University Tech Transfer Collaborate on Beta to Raise Early Stage Investment through Equity-Based Funding Platforms for Life Sciences Startups | University of Colorado
Consortium of University Tech Transfer Spin-Outs today announces participation in a beta launch to test the application of a new funding statute passed through the JOBS act in 2013. Known as Reg D 506c exemption, this modification to private placement law enables early stage companies (private issuers) to publicly raise funds through general solicitation of […]
Impact Investing vs. Venture Philanthropy
Impact investing and venture philanthropy might appear the same, but there are several differences. Venture philanthropy has been around much longer, as the phrase was coined by John D. Rockefeller III in 1969. His idea of venture philanthropy was as follows: “An adventurous approach to funding unpopular social causes.” Venture philanthropy peaked in popularity in […]
University of Dayton, Wright State Research Institute, and Dayton hospitals funded a startup company to commercialize technology
The major hospitals in Dayton are banding together to fund a company that will help commercialize health care technology. The 28 hospitals of the Greater Dayton Area Hospital Association are partnering with Cincinnati-based design firm Kaleidoscope Inc. to launch a business that will focus on commercializing health care technology from the hospitals, the Air Force […]
Cisco aims to cash in on startups by growing corporate venture fund
Cisco claims that it invest in the best teams and technologies that improve how people work, live, play, and learn. The networking giant claims that it can accelerate the impact of startup innovations via direct access to Cisco customers, partners, business leaders, and Cisco IT. Cisco Investments, the venture capital unit within Cisco, is looking […]
Chaac Ventures, Princeton University-focused Seed Fund, Announces Debut Investment in Locent
Chaac Ventures, a seed venture capital (VC) fund focused on Princeton University’s top alumni tech founders, agreed to make it’s first investment, into Locent, a Los Angeles-based SaaS (Software as a Service) company that has developed technology that will allow merchants to expand their capabilities to sell products and services over SMS (text) technology. “We […]
Connecticut Innovations’ Regenerative Medicine Research Fund Awards $11 Million for Scientific Research
ROCKY HILL, Conn., June 11, 2015 – BioInnovation Connecticut, managed by Connecticut Innovations (CI), the leading source of financing and ongoing support for Connecticut’s innovative, growing companies, today announced that the Regenerative Medicine Research Fund (RMRF) has awarded $11 million to scientists who are conducting biomedical, embryonic or human adult stem cell research. The fund, […]
Venture Capitalist to donate $31M to Carnegie Mellon University for entrepreneurship initiatives
Carnegie Mellon University is getting a $31 million donation from venture capitalist James R. Swartz and his wife Susan to create a new center for entrepreneurship. The gift, the fifth-largest in the university’s history, will fund the Swartz Center for Entrepreneurship and staffing for the center, a faculty chair, entrepreneurs-in-residence and scholarships and fellowships. CMU […]
TEDCO hoping slight changes translate to big boost in investment for local startups
There are a couple of common analogies for startups wooing potential investors, said entrepreneur Brian Razzaque — it’s like herding cats, or getting one lemming to lead the others. Most investors are wary of bankrolling an unproven company without someone else’s seal of approval. That’s why the backing of the Maryland Technology Development Corp. was […]
OHSU, University Venture Development Fund grantees hope to regenerate nerves, create better dental composites and treat breast cancer
Oregon Health & Science University’s BioScience Innovation Program awarded three technology development grants to scientists with promising early-stage research projects. The program leverages funds through the University Venture Development Fund, a state tax-credit program established in 2003 to further commercialization of university research. The funds support promising technologies and helps move them to the “proof […]
PwC Malta’s €1m Start-up Fund attracts 87 applications
PwC Malta has received 87 applications so far for its €1 million Start-up Fund launched in mid-June 2013. This is an initiative whereby PwC Malta assists start-ups with innovative business ideas, by providing pro-bono advisory services. The fund is supported by Times of Malta. Applications are reviewed by a selection committee that meets on a […]