New venture fund aims to further Notre Dame’s mission through purpose-driven startups

A new venture capital fund to advance the commercialization of University of Notre Dame and South Bend area innovations has reached a key milestone. Indianapolis-based High Alpha Innovation has successfully closed the first $17.5 million of the “1842 Fund,” named for the year Notre Dame was founded. The fund, which will support faculty research, student innovations and community startups […]

Biden administration asserts power to seize drug patents-citing march-in rights and Bayh-Dole Act

The Biden administration on Thursday opened the door to seizing the patents of certain costly medications from drugmakers in a new push to slash high drug prices and promote more pharmaceutical competition. The administration unveiled a framework outlining the factors federal agencies should consider in deciding whether to use a controversial policy, known as march-in rights, to take patents for drugs developed […]

Utah Innovation Fund Awards Eden Technologies $250K

The Utah Innovation Fund, the new state-based venture capital firm headquartered in the UofU’s Thomas S. Monson Center in downtown Salt Lake City, awarded $250K to Eden Technologies for their Reverse Osmosis Centrifuge (ROC) technology that improves the efficiency of brackish and ocean water desalination, producing clean, drinkable water using the same energy as current methods. Eden Technologies is a startup […]

Utah Innovation Fund Awards Eden Technologies $250K 

The Utah Innovation Fund, the new state-based venture capital firm headquartered in the UofU’s Thomas S. Monson Center in downtown Salt Lake City, awarded $250K to Eden Technologies for their Reverse Osmosis Centrifuge (ROC) technology that improves the efficiency of brackish and ocean water desalination, producing clean, drinkable water using the same energy as current methods. Eden Technologies is a startup […]

$3.9B ‘Game Changer’ for research, ranking of Texas universities

Harrison Keller, the commissioner of higher education in Texas, was “thrilled” when voters approved a state proposal earlier this month to establish a $3.9 billion endowment to support the state’s “emerging” research institutions. “The proposition was a strong endorsement of the vision that the board has laid out in our state’s strategic plan for higher education,” […]

The UK’s attempt to compete with US spin-outs: Five key takeaways for US investors

Last week, the Chancellor announced in his Autumn Statement a number of proposals designed to boost growth in the UK. A detailed summary of these is available here. The Autumn Statement follows the recent BVCA Venture Capital Investment Compact, which included measures to further strengthen the UK’s renowned venture capital industry. The UK Government took the opportunity […]

Funding opportunities to develop UC Santa Cruz innovations

The Innovation & Business Engagement Hub is now accepting applications for two funding opportunities to advance innovations being developed at UC Santa Cruz. Innovation Catalyst Grant The Innovation Catalyst Grant is a proof-of-concept program focused on providing targeted gap funding, training, mentorship, and support to university researchers to help de-risk and/or validate the implementation and adoption potential […]

Imperial leads accelerator initiative to turn AI research into new companies

The AI SuperConnector brings together complementary AI innovation expertise at Imperial, York, Leeds and Liverpool universities. Imperial is leading a new accelerator project that will help early career researchers in artificial intelligence (AI) turn their work into startup companies. Starting in January 2024, the AI SuperConnector will provide a broad training in innovation and entrepreneurship, […]

UF, UF Health to create new technology innovation incubator

The University of Florida and the Norman Fixel Institute for Neurological Diseases at UF Health announced today the creation of a new Research and Technology Innovation Incubator. Selected for support through UF President Ben Sasse’s strategic funding process, this 20,000-square-foot space will serve as a state-of-the-art hub for interdisciplinary collaborations among the colleges. The $960,000 initiative also will establish the […]