$6.5M state investment in Michigan Rise to fuel more startup funding
An additional $6.5 million state investment gives pre-seed fund Michigan Rise more capital to back a strong pipeline of startup companies. Created a year ago and administered by the Michigan State University Foundation, Michigan Rise has at least 10 startups awaiting investments. The Michigan Economic Development Corp. expects Michigan Rise to invest $2.5 million in 15 startups in […]
CIT GAP Funds Invests in BloomCatch to Advance the Next
The Center for Innovative Technology (CIT) today announced that CIT GAP Funds, the direct investment program of the Virginia Innovation Partnership Authority (VIPA) Investment Division, has invested in Centreville, Va.-based BloomCatch. BloomCatch is a versatile mobile plant identification app that combines cutting edge machine learning with live human experiences to connect plant parents to plant experts […]
Purdue U Startup Closes Seed Funding Round
A West Lafayette-based life sciences diagnostic startup has closed on a $1.8 million seed round of funding. Amplified Sciences, which is developing diagnostics designed to detect debilitating diseases more quickly, says the round was completed by an investment from Chicago-based OCA Ventures. Amplified Sciences Chief Executive Officer Diana Caldwell says the funding will help validate the […]
Startups: market validation attracts early investors
Many early-stage startups have a common problem: it’s hard to attract investors without proof that customers will pay for their product. Yet without investment to fund product development, it’s difficult to obtain market validation. The key to overcoming this challenge is to find creative and inexpensive ways to conduct market validation — a step in […]
University of Miami ventures into South Florida’s emerging tech ecosystem
It’s being called a “tech exodus.” A growing number of prominent companies and investors are making the decision to relocate their businesses from established tech hubs around the country to Miami—a now emerging marketplace for big tech. As the City of Miami continues to see unprecedented momentum on this front, the University of Miami is […]
LG Electronics Launches Innovation Center To Accelerate New Business Creation
LG Electronics has formed LG NOVA, its new Silicon Valley-based innovation center, tasked with creating a collaborative ecosystem to accelerate the growth of new ideas that embody LG’s innovation for a better life philosophy. Powered by the LG brand and resources, LG NOVA will partner with startup and entrepreneur communities to scale up ideas and concepts to its […]
SMU Announces All-New Business Accelerator to Support Next-Gen Entrepreneurs | Dallas Innovates
A six-month program will provide SMU student and recent alumni entrepreneurs the growth opportunity of an existing start-up. Described as an “intense and enriching” accelerator, the program offers immersive workshops, mentorship, and access to entrepreneurial and investor networks. Students will have two opportunities to compete for non-dilutive funding. The BAP program features two competitions: a […]
Northwestern plans multimillion-dollar technology accelerator
Northwestern University announced today it will create a multimillion-dollar technology accelerator in downtown Evanston to support startup companies led by Northwestern faculty in health, life sciences and related fields, amplifying scientific discovery and innovation by supplying the laboratory space, networking opportunities and management training necessary to address the world’s biggest problems. The collaborative space will […]
Can We Really Teach Entrepreneurship At College?-Forbes
Schooling and entrepreneurship can seem paradoxical. One teaches you to stay in line, one requires you to stand out. One caters for the slowest moving, one benefits the fastest paced. One looks at what has been, one imagines what could be. Can we really teach entrepreneurship at college? GETTY Many successful entrepreneurs did badly at […]
New Venture Accelerator at Auburn’s The Park gives entrepreneurs the resources to succeed
Two sons of immigrants who will graduate from Auburn University in December are on their way to striking it big with a software application that helps independent convenience store operators track and manage data and sales, and maximize profits. SwiftSku is one of multiple innovative startups that have emerged from the New Venture Accelerator, a business incubator that […]