Kenya Investment Authority creates a state-backed new venture fund

The government plans to buy stakes in small and medium sized start-ups that have no access to credit from banks to accelerate enterprise and jobs growth This will be done through a State-backed venture capital fund, which will provide funding and technical support for businesses that have difficulty accessing loans from banks or capital markets.

MassVentures launches under new name, seed fund

First-time entrepreneurs and companies needing bridge funding from seed to Series A rounds will have another avenue to get funding thanks to the state’s venture capital arm, the Massachusetts Technology Development Corporation. The MTDC, which will now operate as MassVentures, will manage a new $5 million investment capital fund to provide bridge funding needed by […]

Texas Startech Foundation accepting applications for Texas Emerging Technology Fund

SAN ANTONIO, Jun 12, 2012 (BUSINESS WIRE) — Startech Foundation ( www.startech1.org ) announced today as host of the South Texas Regional Center of Innovation and Commercialization (STRCIC) that it is now accepting applications from innovation startups located in South Texas for funding by the Texas Emerging Technology Fund (ETF). Created by the State of […]

Third Frontier moving to loans

The Dayton region has received nearly $128 million in Ohio Third Frontier funds since 2002, but emerging changes at the bipartisan economic development program have slowed the pace of statewide funding for the current fiscal year.

Romania doubles down on it’s software engineers with the Digital Catalyst Fund

Marking the shift in the country’s rapidly growing economy, Digital Catalyst Fund partners include a world-class board of international experts. These range from tech professionals, academics, entrepreneurs and marketers. Founder Crisitian Burci has pledged up to $1.5 million annually, plus 24/7 access to state of the art physical infrastructure.

Portland Seed Fund graduates nine companies

Portland, Oregon (PRWEB) June 07, 2012 The Portland Seed Fund graduated nine companies after completing a 90-day intensive start-up boot camp. They presented at Demo Day on Wednesday to an invitation-only audience of West coast angel and venture capital investors.

German RWTH Aachen University announces its 2012 seed fund awards

This funding instrument (at RWTH) helps generate and develop new ideas and approaches in research. Furthermore, Seed Fund resources indirectly help to enhance the facilities, equipment and infrastructure in the Faculty of Mathematics, Computer Science and Natural Sciences. The essential goal of the Seed Fund is to finance innovative research projects in innovative in the […]