Venture Capital Takes Off In Mexico, Latin America
According to the Latin America Venture Capital Association (LAVCA), Mexican startups raised $469 million dollars in 25 projects in 2011 through these venture capital funds, compared to the $211 million dollars raised through 19 deals in 2010. For 2012, LAVCA estimates that VC firms will invest around $1 billion in more than 30 deals.
Innovation Works, A Pennsylvania State-wide Commercialization Effort, Opens $800K Funding Cycle
Innovation Works is accepting proposals for the latest funding cycle of the Technology Commercialization Initiative (TCI), a statewide effort to commercialize Pennsylvania’s university research and/or corporate innovation in robotics and advanced electronics. A total of $800,000 is eligible in multiple awards with a maximum award amount of $100,000 per project. TCI is supported by The Discovered in […]
Australian government selects three VC firms to invest $200M into start-ups
The federal government has picked three venture capital funds to co-invest at least $200 million into high-growth Australian start-ups via its Innovation Investment Fund.
NMotion to put up to $115K in funds and services into University of Nebraska spin-outs
Six to 10 start-ups will be selected to participate in the first year of NMotion, a new start-up accelerator in Lincoln. NUtech Ventures, a non-profit affiliate of the University of Nebraska whose goal is to help form partnerships between industry and university research to advance technology, is just one of the many partners involved in […]
First Round Capital supports Philly tech scene, QED proof of concept program
The city of Philadelphia announced Tuesday that its Startup PHL Seed Fundwill be run by one of the top seed investors in the country — for free. First Round Capital, the University City-based seed-stage venture-capital firm co-founded by tech entrepreneur and investorJosh Kopelman, will run the fund and invest $3 million in it. The Philadelphia Industrial Development […]
Virginia Innovation Partnerships puts $861K in 18 university research projects
A statewide network designed to accelerate innovation and economic growth has awarded $861,086 to 18 university research projects across the commonwealth. The Virginia Innovation Partnership, created last fall as part of the U.S. Department of Commerce’s i6 Challenge, provides proof-of-concept funding to advance early-stage research, also connecting academic researchers with mentors, corporations and investors to accelerate commercialization of the […]
WARF, State of Wisconsin create new early-stage venture capital fund for information technology
The State of Wisconsin Investment Board and Wisconsin Alumni Research Foundation are creating an early-stage venture capital fund focused on information technology. Called 4490 Ventures, a reference to the 44° N latitude and 90° W longitude lines that approximate the center of the state of Wisconsin, the $30 million fund will focus on early-stage companies […]
Washington Post coverage of sequester impact on university research
About $30 billion a year flows from Washington to universities for research and development in fields from agriculture to astrophysics. This funding has helped make leading U.S. research universities, including Johns Hopkins in Baltimore and the University of Maryland in College Park, the envy of the world. But the federal budget sequester that took effect […]
Life Sciences Discovery Fund supports $750K in health-related technologies
SEATTLE, Washington, March 11, 2013 — The Life Sciences Discovery Fund (LSDF) today announced nearly $750,000 in Proof of Concept grants to three Washington organizations to support transition of promising health-related technologies from concept to commercial product. Also announced was up to $1.4 million in matching funds to the University of Washington to foster technology […]
CT Innovations puts $950K into six start-ups
Six more fledgling New Haven County tech firm got a combined $950,000 financial lift from Connecticut’s quasi-public technology-investment promoter. Connecticut Innovations Inc. in Rocky Hill announced Monday the investment through its Pre-Seed Fund.