U Michigan SPARK invests $1.5M in 6 start-ups
ANN ARBOR, Mich., July 24, 2013 /PRNewswire via COMTEX/ — Six Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling $1.5 million. To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones to support start-ups’ product commercialization, has
NSF supports Texas Tech microfluidic translational research work through $225K grant
National Science Foundation Small Business Technology Transfer (NSF STTR) recently awarded a $225,000 grant to a Texas Tech University student who is preparing to earn a doctorate in chemical engineering in August. The sizable grant will help Jeevan Maddala commercialize his doctoral work in biomedical and pharmaceutical trials, which looks to
innovosource featured in new article on academic crowdfunding
Crowdfunding has gained a lot of traction in the past few years, primarily as a way for artists to fund their pet projects. Musicians and filmmakers may have been some of the earliest adopters of this especially populist form of fundraising, but they’re far from the only ones taking advantage of it. Many institutions of […]
STC.UNM gap funding supports innovative approach to drive cancer therapies
It’s the spread of the original cancer tumor that kills most people. That’s why cancer researchers vigorously search for drugs that can prevent metastases, the spread of cancer. But most drugs take a decade—and frequently, more—to go from concept to Food and Drug Administration approval. One way to reduce this time investment is to look for […]
University Crowdfunding: A New Capital Approach For Tomorrow’s Innovation
In its most recent Mind the Gap Report, innovosource, identified crowdfunding as 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 funding approach taps into the masses for […]
U Maryland MIPS awards $3.8M to matching innovation grant program
A University of Maryland, College Parkprogram has awarded $3.8 million to 17 teams of university researchers working with state companies on projects to bring technology products to market. The Maryland Industrial Partnerships program provides matching grants to companies that partner with university researchers to accelerate technology commercialization. Companies involved in the program are contributing $2.3 million […]
Wisconsin Governor signs $25M venture capital legislation
Gov. Scott Walker signed legislation Thursday to provide $25 million in taxpayer money to start-up companies, realizing a goal he has sought for more than two years. Providing venture capital has had a rocky history in recent years. Bills to do that last session couldn’t get through the Legislature, and this year’s legislation has had its share […]
Ann Arbor SPARK graduate receives support from Michigan’s new angel fund
Michigan State University technology spin-out company BioPhotonics Solutions Inc. is the first venture to win equity funding from the $2 million Michigan Angel Fund.
Eye disease diagnostic tech receives POC support from UK i4i program
A team of UK scientists and engineers have developed a prototype device for detecting the most common cause of sight loss in the developed world, age-related macular degeneration (AMD), which usually isn’t diagnosed until vision has already begun to degrade.
Three U of Iowa companies land $750K from state’s acceleration fund
Three companies with ties to the University of Iowa have obtained $750,000 in funding from the state to expand their businesses, create jobs, and further develop their products. Memcine Pharmaceuticals, Inc., NanoMedtrix, LLC, and Iowa Approach, LLC were awarded direct financial assistance from the Iowa Economic Development Authority. The funding is designed to help these and other […]