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 […]

University of Illinois at Chicago prepares to fund 2012 proof of concept projects

This initiative is modeled after a novel early stage funding approach being adopted by many universities across the US and is aimed at helping faculty inventions “bridge” the funding gap that is often encountered when a technology tries to move from the basic research arena into the commercial development realm. Discoveries resulting from basic research […]

University of Iowa Centers for Enterprise set to fund 2012 POC projects

The Iowa Centers for Enterprise (ICE), in conjunction with the Office of the Vice President for Research (OVPR), is pleased to announce seed funding that is designed to expand the commercialization of UI technology. The funds are to support the development of innovations with commercial potential, with the result that more UI technology reaches the […]