KAUST, SABB launch startup accelerator plan
The Saudi British Bank (SABB) and King Abdullah University of Science and Technology (KAUST) are launching the KAUST-SABB University Entrepreneur Accelerator “TAQADAM.” The program aims to help early stage university student and faculty entrepreneurs at Saudi universities develop their concepts into high-potential startups. “We believe this will significantly support the ongoing work at Saudi universities […]
Arizona State’s Avnet Innovation Lab to Fund Tech Entrepreneurs
Arizona State University and global technology distributor Avnet are offering $250,000 in grant funding for technology entrepreneurs. The grants are being awarded through the Avnet Innovation Lab, a startup accelerator launched in May in ASU’s Ira A. Fulton Schools of Engineering. Through the lab’s 12- to 18-month program, participants receive monetary support as well as […]
3 Leading Bay Area Research Universities to Partner in $600M Chan Zuckerberg Medical Science ‘Biohub’
The University of California, San Francisco (UCSF), Stanford University and the University of California, Berkeley (UC Berkeley) announced Wednesday they will join forces in a new biomedical science research center funded by a $600 million commitment from Facebook CEO and founder Mark Zuckerberg and pediatrician Priscilla Chan. The San Francisco-based Chan Zuckerberg Biohub, an independent […]
University City Science Center Receives SBA Funding for Newest Commercialization Program
The U.S. Small Business Administration has awarded $50,000 to the University City Science Center’s newest commercialization program, Phase 1 Ventures. Soft launched in 2014 and formally rolled out earlier this year, Phase 1 Ventures (P1V) is a startup accelerator for “long horizon” technologies – those requiring significant development and/or regulatory approvals – such as healthcare, […]
iBIO Institute’s PROPEL Center Is Winner of U.S. SBA’s Growth Accelerator Fund Competition
The PROPEL Center of the iBIO Institute, dedicated to increasing the number and success rate of early-stage life sciences companies in Illinois, announced today that it was a winner of the U.S. Small Business Administration’s 2016 Growth Accelerator Fund Competition, including a cash prize of $50,000. The SBA Office of Investment and Innovation, Office of Native American Affairs, […]
Oregon BEST, OSU Ventures back eChemion for Technology that Triples Battery Life
Oregon BEST has awarded follow-on funding to an Oregon startup and Oregon State University spinout that has developed a new clean technology that triples the life of redox flow batteries used for renewable energy storage. The company, eChemion, has a chemical treatment technology that solves a major issue with flow batteries: degradation over time of […]
Indian Govt inaugurates start-up incubation centre in New Delhi; to foster 50 new companies
India has attracted investment from 37 mobile manufacturing companies in last one year that have generated 40,000 direct jobs and 1.25 lakh indirect employment, IT Minister Ravi Shankar Prasad said. “We decided to make India a big hub of electronics manufacturing. In the last one year, 37 new mobile manufacturing units have come,” Prasad said […]
NYU and ffVC collaborate on AI startup support program
The NYU Tandon School of Engineering and ff Venture Capital (ffVC), a leading early-stage technology venture capital firm based in New York City, this morning will announce New York City’s first program to launch and support artificial intelligence (AI) startups. The program will also mark the first time in the United States that a university […]
Serra Ventures at U Illinois hopes to raise $50M in new fund, invest in 50 startups
Serra Ventures, a venture capital firm focused on Midwestern companies is on its way to raising $50 million, and it’s eyeing a handful of potential investments. Serra Ventures, at the University of Illinois at Urbana-Champaign’s Research Park, aims to nearly triple the size of its second fund and invest in 40 to 50 startups through its third fund, launched in […]
Accelerate Long Island is back with $6M+ seed fund
Accelerate Long Island is back in business, and it’s main private-investment partners are coming along for the ride. The seed-funding business accelerator, which has been publicly quiet since awarding its 10th and final first-round stipend in December, has been awarded $3 million by Empire State Development to establish the Accelerate NY Seed Fund, with matching […]