Glaxo calls on government to support 1B commercialization fund
The government should create a £1bn fund to help university researchers work with small businesses to turn promising ideas into money-spinning inventions, according to GlaxoSmithKline‘s chief executive, Sir Andrew Witty.
Yale education spin-out, Panorama Education, scores $4M investment
Panorama Education (www.panoramaed.com), which helps K-12 schools improve through data analysis and feedback surveys of teachers, parents and students, announced today that it has raised $4M in seed funding. The round was co-led by Mark Zuckerberg’s Startup:Education and Jeff Clavier’s SoftTech VC, with additional participation from Google Ventures, Ashton Kutcher’s A-Grade Investments, Yale University, and […]
Florida State University announces programs to link independent enterprises with FSU research faculty to compete for SBIR/STTR grants
Florida State University is currently soliciting business plans for the creation of an independent business enterprise that will help FSU research faculty identify, compete for, and perform development projects funded under the Small Business Technology Transfer program (STTR), the Small Business Innovation Research program (SBIR) and other related programs.
Miller Lite sponsors $250K innovation challenge
Entrepreneurs are known for bringing cutting-edge innovation to the market. And Heman Au’s emerging Duo Kitchenware product is literally cutting edge. An Arizona State University senior studying industrial design, Au developed a two-handed knife and special cutting board for people with disabilities or diminished dexterity.
Cambridge University launches £50m spinout fund
Cambridge University has created a £50m technology investment company, backed by Arm Holdings and some of the city’s leading institutional investors, to help some of its most promising spinout companies. The fund is a recognition by the university of the critical need for equity finance to help spinout companies overcome the so-called “valley of death” that projects […]
Wake Forest University need for gap funding increases
Scientists are creatures of patience. They wait for results, they wait for tenure and, perhaps hardest of all, they wait for funding. Grant limbo — the blank space between one source of funding and the indefinite start of another — is brutal. Lab technicians are fired and projects are put on hold, all while researchers […]
Technical and community colleges claim their position in the future of innovation
You don’t have to have hundreds of millions of dollars in research expenditures, expansive research equipment and facilities, or a thick curriculum catalog to win in the world of innovation. Recently, leaders at technical and community colleges are beginning to bolster their relevance to industry and investors through creative commercialization, entrepreneurship, and innovation initiatives.
University Crowdfunding Model Review 2
Crowdfunding is an emerging investment vehicle that may be better positioned to support the capital requirements of translational research, proof of concept projects, and early-stage start-ups than more traditional capital sources, like venture capital and angel investment. This hour-long event will be a web-enabled discussion and cover examples at three leading institutions
University of South Florida Launches Ground-Breaking Revenue Incentive Program
The University of South Florida in Tampa (USF) has announced a ground-breaking Revenue Incentive Patent Cost Sharing Program for their university inventors. The Revenue Incentive program, one of the first of its kind among U.S. universities, provides a way for USF innovators to invest in the future of the inventions resulting from their research.
NIH centers program to fund translational work on medical technologies
The NIH Centers for Accelerated Innovations (NCAIs), funded by the NIH’s National Heart, Lung, and Blood Institute (NHLBI), will target technologies to improve the diagnosis, treatment, management, and prevention of heart, lung, blood, and sleep disorders and diseases. “The NCAIs will foster a transformational change in the way basic science discoveries move from the laboratory […]