Government of Canada announces new innovation money

TORONTO, ONTARIO, May 22, 2012 (MARKETWIRE via COMTEX) — Canadian companies specializing in everything from natural resources to information technology are turning to researchers at local colleges to grow their businesses and create high-quality jobs, because R&D and innovation happen at all levels-from the academic labs all the way to the shop floor.

Student Seed Fund Helps Tomato Farmers

Postgrad students from Cambridge University have won a competition for innovators. The final judging ceremony of the McKinsey Innovate 2012 competition, held at The Commonwealth Club in London produced victory for The Ethical Tomato Co, four postgraduate students on the university’s Engineering for Sustainable Development masters programme. The annual contest, sponsored by global management consultancy […]

Philadelphia-based University City Science Center announces call for QED program

The QED Program will award up to $200,000 to up to four projects. Sixteen projects will receive guidance from market insiders and business advisors who add a commercial development perspective as investigators develop research strategies aligned with private sector interests. To date, QED has committed $2.4 million in awards to a total of 12 projects, […]

U Colorado/State of Colorado matching fund supports seven bioscience companies

The University of Colorado has just funded seven bioscience (five recent, two in fall of 2011) surrounding promising bioscience-based start-ups. Funding in the form of grants goes is directed toward proof of concept and seed-stage financing. The program is a great example of collaboration between state agencies and research universities that directly leads to economic […]

Purdue on tech transfer success, gap funding

Purdue University is facilitating and encouraging startup creation through several investment funds, engagement with surrounding communities and investors, and one of the largest university-affiliated incubation parks in the country, which comprises more than 200 companies across Indiana and has provided about $22 million for sponsored research at the university since 1999.“We have several initiatives designed […]

GA Science and Technology Accelerator Program supports product development

The Science & Technology Accelerator Program is meant to fill a crucial gap in research funding caused by the increasing hesitance of investors to risk support on early-stage innovations. It is funded solely through philanthropic contributions that are given directly to the program. Unlike research traditionally funded by the American Heart Association through grants, the […]

Update: Axonia closes on $2M in seed funding. Gap funds play a role (Ann Arbor SPARK, Western Michigan University RF, and others)

Axonia Medical, an early stage company pioneering a revolutionary approach to repair and restore damaged peripheral and central nervous systems, announced today that the company has closed on $2.0 million in seed financing. The financing was led by Southwest Michigan First Life Science Venture Fund and included participation from Ann Arbor SPARK and Western Michigan […]