Ohio and Ohio State University talk about expectations related to their new venture partnerships
“Obviously, you’re making educated guesses on which companies will be successful, but we already do that through the private equity portfolio that we have, and we intend to run the innovation fund in a similar manner to how the other venture funds are run in the endowment portfolio,” said Golding. Golding said OU and Ohio […]
NUtech Ventures/UTDC uses proof of concept funding to support a promising imaging spin-out, Ground Fluor Pharmaceuticals Inc.
University Technology Development Corp. provided proof-of-concept funding to help move DiMagno’s imaging agents out of the lab and into clinical trials. Supporting the transfer of university technology to the marketplace, UTDC is a University of Nebraska affiliate and the parent company of NUtech Ventures.
Indiana University add translational research funding through Strategic Research Initiative
Indiana University Health and the Indiana University School of Medicine announced they will invest $150 million over 5 years in a new research collaboration, the Strategic Research Initiative, that will enhance the institutions’ joint capabilities in fundamental scientific investigation, translational research and clinical trials.
Nanofiber lands $500K from TechColumbus
TechColumbus announced Tuesday it has stepped up its commitment to incubator tenant Nanofiber Solutions LLC with a $500,000 loan that will convert to equity, the largest to date from the current $2 million round of state-backed Pre-Seed Fund investments.
Utah Kickstart raising a second fund
Kickstart Seed Fund, a seed investor based in Salt Lake City, is seeking to raise $20 million for a second fund that will back technology and life science companies in Utah and nearby Rocky Mountain states
Ohio Third Frontier Fund puts $1M into advanced next-generation medical device company
EndoSphere Inc. today announced that the Innovation Ohio Loan Fund (IOLF) has awarded $1 million to support EndoSphere’s platform of noninvasive, endoscopically-implantable devices that treat metabolic diseases including obesity and type 2 diabetes.
Iowa initiative to launch a seed fund
Op Ed by Jack Harris For years as an executive at Rockwell Collins, I worked with state universities and entrepreneurs who were producing research and products that we needed to enhance our product line or create efficiencies. It could be a tedious process, but it was often more cost-effective than attempting to do the same […]
MI pre-seed fund invests in 9 new start-ups
From official press release: ANN ARBOR, Mich., April 23, 2012 /PRNewswire via COMTEX/ — Nine Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling more than $2 million. To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones, has awarded 72 Michigan companies with seed funding totaling more than […]
New Mexico State University funds its first two launch projects
LAS CRUCES – A new program at New Mexico State University’s Arrowhead Center that aims to take near-to-market technologies being developed on campus and help speed their way to the public has picked its first projects to fund.
MI Accelerator Fund aimed at early-stage/university technologies
The Business Accelerator Fund is a two-year, $3 million fund established through a grant agreement between the Michigan Strategic Fund and the Small Business and Technology Development Center (MI-SBTDC) at Grand Valley State University. The fund can be accessed by 13 business accelerators across the state, including Automation Alley and Kettering University TechWorks, to provide […]