North Carolina IDEA Grants Support Five Start-ups For $200K
Emerging technology companies in Durham, Raleigh, RTP, Summerfield and Wake Forest land non-dilutive grants from economic development group NC IDEA. The organization has now handed out more than $3 million in grants to 82 companies since 2006. The latest grants were announced early Tuesday. Companies could receive as much as $50,000.
University of Florida 3D Modeling Start-up, Paracosm, Lands $300K From State Commercialization Program
Gainesville-based Paracosm has secured $800,000 in private and public funding to advance its 3D modeling and navigation software. The funding includes $300,000 — announced this week — from the Institute for the Commercialization of Public Research. The institute, which has an office in the University of Florida Innovation Hub, funds and mentors companies that spin […]
Portland Development Commission Puts $30K Into Six University-born Companies
The Portland Development Commission is seeding six fledgling university-born companies up to $30,000 to help them succeed in the marketplace. The PDC launched the University Startup Commercialization Grant Program this year as a way to strengthen the relationship between Oregon Health & Science University and Portland State University and the city’s startup community.
Colorado Announces Creation Of $20M Start-up Fund
More money for early stage startups could be coming to Colorado, thanks to ongoing efforts by an incubator based in Fort Collins and a nonprofit lender to small businesses to bring more capital into the northern Colorado region. The Rocky Mountain Innosphere and Colorado Enterprise Fund announced this week they are in the process of creating a $20 million […]
Entrepreneur Alumni Give Back Through UCLA Venture Capital Fund
Think of the California university most closely tied to entrepreneurship and Stanford immediately leaps to mind, or maybe the University of California at Berkeley. Michael Silton is looking to add UCLA to that list, and he’s come up with a unique way of funding that effort.
Australian venture capital growing and set for a shake up as the start-up sector matures
A strong and growing start-up sector and the international rise of crowd-sourced equity are set to shake up the Australian venture capital ecosystem for the better in coming years. Over 60 venture capital and private equity investors gathered in Sydney today to explore the future of the Australian venture capital at the first of three […]
DMU spinout, CYP Design, lands venture support for drug discovery approach
A firm of venture capitalists has given its backing to technology which could help speed up the discovery of new drugs and medicines. Leading start-up funder Mercia Fund Management has invested in CYP Design Ltd, a spin-out company from the Leicester School of Pharmacy at De Montfort University (DMU). The company was founded to market new technology […]
Glaxo calls on government to support 1B commercialization fund
The government should create a £1bn fund to help university researchers work with small businesses to turn promising ideas into money-spinning inventions, according to GlaxoSmithKline‘s chief executive, Sir Andrew Witty.
Miller Lite sponsors $250K innovation challenge
Entrepreneurs are known for bringing cutting-edge innovation to the market. And Heman Au’s emerging Duo Kitchenware product is literally cutting edge. An Arizona State University senior studying industrial design, Au developed a two-handed knife and special cutting board for people with disabilities or diminished dexterity.
NIH centers program to fund translational work on medical technologies
The NIH Centers for Accelerated Innovations (NCAIs), funded by the NIH’s National Heart, Lung, and Blood Institute (NHLBI), will target technologies to improve the diagnosis, treatment, management, and prevention of heart, lung, blood, and sleep disorders and diseases. “The NCAIs will foster a transformational change in the way basic science discoveries move from the laboratory […]