Alumni-fueled startups pitch clean-energy solutions | Cornell Chronicle
New York’s Southern Tier is getting a jolt of clean-energy innovation, fueled by Cornell alumni. The fifth annual 76West Clean Energy Competition, held virtually Aug. 18-19, featured three Cornellian-led teams. The pitch competition, supported by Empire State Development and the New York State Energy Research and Development Authority (NYSERDA), aims to generate economic development in the […]
UGA Foundation commits up to $10M to fund student, faculty innovation
The University of Georgia is putting big money up front for innovation in a higher education setting. On Tuesday, the school announced the UGA Foundation’s investment committee voted during a meeting in June to approve a commitment of up to $10 million for funding innovation. The funding will allow the Foundation to partner with the […]
$194.7 Million Grant Will Transform Research Engine at U of Arkansas, Create New Institute
A $194.7 million grant from the Walton Family Charitable Support Foundation will establish the University of Arkansas Institute for Integrative and Innovative Research (I3R), transforming the research, innovation and economic development culture of the university. The grant is one of the largest single private gifts ever given to a university for advancing research and economic […]
State Awards Pre-Seed Fund III to Michigan State University Foundation
EAST LANSING, Mich. –– The Michigan State University Foundation announced today that it has been named administrator of the Michigan Pre-Seed Fund III by the Michigan Economic Development Corporation (MEDC). The $3 million award, approved by the Michigan Strategic Fund, fits the non-profit mission of the MSU Foundation and will help further drive economic development by deploying this early […]
Philanthropic support catalyzes audacious ideas, bold research
Cures Start Here. The key word in the tagline of Fred Hutchinson Cancer Research Center is Start. It’s also typically the hardest part of scientific research, especially when it comes to funding. The financial path from a researcher’s bold idea to reporting final results — and then to reaching patients — is rarely straight or simple. […]
University of Houston receives historic $13M gift for its entrepreneurship program
University of Houston’s C.T. Bauer College of Business has received its second largest donation to benefit its entrepreneurship program. The Cyvia and Melvyn Wolff Center for Entrepreneurship, which was recently ranked the top undergraduate entrepreneurship program in the country, received the $13 million gift from its namesake foundation — The Cyvia and Melvyn Wolff Family Foundation — […]
‘Venture philanthropy:’ The new investing hope to fund scientific breakthroughs | Financial Post
Investors normally trade stocks, bonds or real estate, but entrepreneur Michael Hyatt is investing in science projects in hopes of backing an experiment that changes history. The chair of the Hyatt Family Foundation is teaming up with Sick Children’s Hospital in Toronto to create a fusion between investing and charity — they call it venture […]
UWM entrepreneurship center receives $1 million from Bud and Sue Selig
The University of Wisconsin-Milwaukee announced a $1 million gift Wednesday from former Milwaukee Brewers owner Bud Selig and his wife, Sue, the latest of several high-profile investments by big names in UWM and the UW System. Selig, who is the commissioner emeritus of Major League Baseball, is credited with bringing MLB back to Milwaukee in 1970 when he […]
Broad Foundation boosts California stem cell research funding with $10M gift to USC
SC’s groundbreaking stem cell research and training programs have received a major boost thanks to a $10 million gift from the Eli and Edythe Broad Foundation. The donation is part of the foundation’s latest $30 million funding initiative to support its namesake Eli and Edythe Broad stem cell research centers at USC, UCLA and University of California, […]
$1.4M gift creates the Alabama Power Endowed Innovation Fund at UA
A $1.4 million grant will fuel business innovation, entrepreneurship, small business growth and talent retention in the state. Alabama Power Foundation provided the funds to the University of Alabama to establish the Alabama Power Endowed Innovation and Talent Retention Fund. The fund, which will be managed by the Office of the Vice President for Research […]