KAUST Seed Fund Winner Develops Alzheimers App

Jeddah, Asharq Al-Awsat – Responding to the suffering of her grandmother, Rawad Sheikh entered the world of innovation, winning the King Abdullah University of Science and Technology [KAUST] Seed Fund award. This competition grants the winner $250,000 to develop their project, granting them the opportunity to present and promote this in front of KAUST and […]

Invest Maryland: Insurance-company credits lead to new start-up dollars

Eleven Maryland-based insurance companies recently won an online auction of tax credits that generated $84 million for a program designed to invest in “promising” new in-state companies. Martin O’Malley Gov. Martin O’Malley last year created InvestMaryland, implemented through the Venture Fund Authority and the Maryland Department of Business and Economic Development (DBED), to invest in […]

Wayne State Launches Warrior Pre-Seed Fund For Student Tech Startups

Wayne State University has launched a new pre-seed fund supporting student-run tech startups, the first of its kind in Detroit. Th e Warrior Fund, which is made possible through a grant from the Michigan Initiative for Innovation & Entrepreneurship, will be administered by the tech transfer office and Blackstone Launch Pad. A total of $25,000 is available for startups, which […]

KAUST (Saudia Arabia) announces new round of seed fund winners

Thuwal, Saudi Arabia – Four innovative projects have been named winners in the latest Seed Fund round at King Abdullah University of Science and Technology (KAUST). The awards are co-sponsored by Citibank. The winners were announced at a Gala dinner at the Academic Campus, Thuwal on Wednesday March 14, 2012. They were on hand to discuss their […]

University of Houston Creates Fund to Attract Top Talent

The University of Houston is not resting on its laurels following word that it is one state auditor’s review away from achieving tier one status. Today, UH President Renu Khator announced the creation of a $30 million fund dedicated to recruiting faculty in the science, technology, engineering and math fields. The goal of the fund is […]

Scotland creates £3.4m fund to help business develop green technologies

Scotland’s Finance Secretary John Swinney has today announced funding to increase the energy and low carbon support available to Scottish companies. The Scottish Government has awarded £3.4 million of European Regional Development Funding to six projects from leading Scottish universities and colleges. The projects will help up to 1,000 small and medium sized businesses across Scotland to […]

Gap Funding: A critical component of US innovation system

The most critical issue related to crossing the “valley of death” is the availability (or lack thereof) of resources for promising inventions. Perhaps the most significant resource shortage can be found within the University as a basic research breakthrough is disclosed. The best universities are putting specific gap funds and gap programs in place to […]