IP Shakti, offers proof of concept approach and funds for life science and biomedical innovation
IP Shakti, LLC, a Princeton based innovation fund, offers a new approach for investing in the early stages of life science and biomedical innovation. University inventors often face the “valley of death” funding gap when they look to develop a new innovation. IP Shakti is now an option for medical device innovators when venture capital […]
University of York offers proof of concept funding for social entrepreneurs
THE University of York is to encourage a new generation of social entrepreneurs. The university is one of 56 universities to take part in a pilot of a national programme to encourage the creation of social enterprises, self-sustaining initiatives to achieve social purposes rather than just make a profit.
U of New Hampshire awards innovation grant to coating company
The Innovation Research Center at the University of New Hampshire has awarded a Granite State Technology Innovation Grant to ArgenTech Solutions, Inc. (AgTS) to help develop a high-performance, photoluminescent powder coating additive suitable for advanced safety and military applications.
Convertible Equity vs. Convertible Debt
In the most recent Mind the Gap report, we found that ~75% of the 23 surveyed startup-focused gap funds (business formation, business growth) were structured to accept equity (70%)/convertible debt (30%) as a return/repayment strategy. This recent article from Fortune, suggests a convertible equity versus convertible debt strategy for pre/seed staged-companies. A traditional convertible debt […]
Coulter Foundation funds five University of Missouri translational research projects
In 2011, Coulter agreed to provide $200,000 in startup funds as well as $666,667 each year for five years, while MU kicks in $333,333 per year over the same period, totaling $5.2 million. Each research project this year will receive about $100,000. A Coulter awards ceremony will be held 10 a.m. Friday in the Great […]
Mayo Clinic, venture firms team to support Rock Health tech incubator fund
After two years of nurturing medical-technology companies–including one that turns an iPhone into a functioning microscope and another making games to sharpen mental acuity–San Francisco incubator Rock Health has formed a partnership with several venture firms that will see more investment dollars flowing to early-stage companies. Kleiner Perkins Caufield & Byers , Aberdare Ventures , […]
University of Iowa Research Foundation increases proof of concept capabilities
Before this year, the foundation had been able to finance the proof of concept research through the state’s Grow Iowa Values Fund (GIVF). Last year, the foundation doled out $525 thousand in grants, with each grant ranging from $10,000 to $50,000. But this year, foundation officials were not sure if they would receive funding from […]
Three Ohio State University spinoffs, two applied research projects land support from Ohio Third Frontier
Three Ohio State University spinoff companies and two research projects were awarded a combined $400,000 from the Ohio Third Frontier Commission out of a total $12.5 million awarded Thursday.
University of Utah looks to donations to jumpstart Gateway Crimson Innovation Fund
At a time when the University of Utah is tapping the philanthropic community to fund scholarships and buildings for research, academics, athletics and cultural amenities, the school this week added another request: funding for technology commercialization. Money donated to a new Gateway Crimson Innovation Fund will help push university inventions, such as medical devices and treatments, drugs, […]
Overview: Portland State University Venture Development Fund
The University Venture Development Fund (UVDF) is a legislatively created and donor funded venture/ grant program unique to the State of Oregon. As a fund used to fill the funding ‘gap’ between university innovation and commercial products and services, the UVDF benefits faculty, the university, and company and individual donors (with a generous Oregon tax […]