Portland Seed Fund Gets $575K More From City To Fund More Start-ups
The Portland Seed Fund is readying a sequel. The two-year-old investment vehicle, which backs promising ideas at their earliest stage, plans to launch a second, larger edition this fall. It would offer more financial “runway” to startups as they move from intriguing concepts into plausible businesses. The Portland Development Commission votes Wednesday on granting $500,000 from the […]
Govt pumps €21m into Enterprise Ireland fund to commercialise third-level research
The Irish Government is to pump €21m into Enterprise Ireland’s Commercialisation Fund to support the commercialisation of further third-level research in 2013. The goal of the funding is to
Invest Nebraska puts $500K into healthcare software firm
Nebraska economic development officials and business leaders announced a matching $500,000 seed investment from Invest Nebraska, as part of the Nebraska Department of Economic Development Innovation Fund, to Phynd Technologies, a new software firm that soon will launch a new solution for hospitals and health care providers.
Allied Minds raised $100M to expand investment in universities and federal labs
The private investment firm has significantly expanded its asset base since its founding in 2006, bolstered by investor confidence in its unique, and efficient, model for forming, funding and building new companies based on early-stage technologies in the life-sciences and technology sectors. Allied Minds, Inc., the biggest investor in technologies developed at renowned U.S. university […]
New Brunswick-Saint John Adds $14M To The Research Innovation Fund
SAINT JOHN, N.B. – A $20 million investment over five years to support research and innovation in New Brunswick was announced today by Post-Secondary Education, Training and Labour Minister Danny Soucy as part of the government’s $80 million innovation strategy
Connecticut Innovations Opens $200M Fund For Bioscience Research
Connecticut Innovations is taking a new investment approach as it prepares to launch a $200 million fund to spur bioscience research and development in the state. The fund, originally pitched by Gov. Dannel P. Malloy and approved by lawmakers during the recent legislative session, will
Hyde Park Ventures Looking For Midwest Start-ups; University Partners Requested
Startups, it’s time to polish your pitches. Hyde Park Venture Partners has more than $20 million that it’s looking to put into early-stage technology companies in the Midwest
PwC Announces Fund To Partner With University of Malta
PwC Malta today launched a €1 million Start up Fund targeting people wishing to take up a career in entrepreneurship. The fund is being run in collaboration with the University of Malta and Times of Malta
Mercia Fund Management, a supporter of Midland university spinouts, hears feedback from two Keele University start-ups
Founded in a hot bed of fresh thinking and unique ideas, university spin-outs are becoming increasingly popular with both savvy investors, who can achieve a healthy return, and universities benefiting from funding channelled back into their R&D and facilities. Working with eight Midlands’ universities, Mercia Fund Management (MFM) has supported spin-outs from seed to successful exit through […]
Florida bill establishes the Florida Technology Seed Capital Fund
CS/HB 705 passed the House on April 17, 2013 and subsequently passed the Senate on April 26, 2013. The bill amends s. 288.9625 F.S., to include innovation businesses among the entities eligible to receive assistance from the Florida Institute for the Commercialization of Public Research (Institute). The bill also grants the Institute the ability to […]