Portland Seed Fund Gets $575K More From City To Fund More Start-ups
The Portland Seed Fund is readying a sequel. The two-year-old investment vehicle, which backs promising ideas at their earliest stage, plans to launch a second, larger edition this fall. It would offer more financial “runway” to startups as they move from intriguing concepts into plausible businesses. The Portland Development Commission votes Wednesday on granting $500,000 from the […]
Connecticut Innovations Opens $200M Fund For Bioscience Research
Connecticut Innovations is taking a new investment approach as it prepares to launch a $200 million fund to spur bioscience research and development in the state. The fund, originally pitched by Gov. Dannel P. Malloy and approved by lawmakers during the recent legislative session, will
Dragon Fund, A Drexel University Student-led Fund, Secures $1mm for investment
The student-managed portfolio, called the Dragon Fund, began in 2007 with a $250,000 contribution from Drexel. The university contributed another $100,000 in 2011 and then $500,000 in May. The fund has gained more than $150,000, due to the investments made by the students. “The fund has performed quite well. It has beaten
Hyde Park Ventures Looking For Midwest Start-ups; University Partners Requested
Startups, it’s time to polish your pitches. Hyde Park Venture Partners has more than $20 million that it’s looking to put into early-stage technology companies in the Midwest
PwC Announces Fund To Partner With University of Malta
PwC Malta today launched a €1 million Start up Fund targeting people wishing to take up a career in entrepreneurship. The fund is being run in collaboration with the University of Malta and Times of Malta
U Texas-El Paso POC Fund Supports 3-D Printing Breast Cancer Application
Women undergoing lumpectomies to remove tumors or breast cancer are often faced with two options: spend months filling the void with a series of fat injections, which then have the potential to be reabsorbed into the body; or do nothing, which can leave breasts disfigured and asymmetrical. Now an Austin entrepreneur, in partnership with a […]
Mercia Fund Management, a supporter of Midland university spinouts, hears feedback from two Keele University start-ups
Founded in a hot bed of fresh thinking and unique ideas, university spin-outs are becoming increasingly popular with both savvy investors, who can achieve a healthy return, and universities benefiting from funding channelled back into their R&D and facilities. Working with eight Midlands’ universities, Mercia Fund Management (MFM) has supported spin-outs from seed to successful exit through […]
Iowa State announces $300m in proof of concept awards
Three projects received awards under a smaller, proof-of-concept category. These awards provide pursuit funds for emerging research areas that are more limited in scope or require proof of concept before investigators can pursue larger funding. Each project will receive up to $100,000 for one year
Hong Kong Baptist University sends memo on new $1mm POC fund
The University is proactive in introducing new funding channels to facilitate knowledge transfer (KT) from academia to industry. The Matching Proof-of- Concept Fund (MPCF) is established to
Florida bill establishes the Florida Technology Seed Capital Fund
CS/HB 705 passed the House on April 17, 2013 and subsequently passed the Senate on April 26, 2013. The bill amends s. 288.9625 F.S., to include innovation businesses among the entities eligible to receive assistance from the Florida Institute for the Commercialization of Public Research (Institute). The bill also grants the Institute the ability to […]