Tech Launch Arizona announces two gap funding partnership, POC program
Tech Launch Arizona, a new umbrella organization at the University of Arizona charged with commercializing technology and creating industrial relationships, has announced two gap funding models for the program: Arizona Furnance: Arizona Furnace offers promising startup ventures a package worth more than $50,000 in cash and services. The package includes a $25,000 seed funding grant and […]
Denmark offers proof of concept funding scheme
The Danish Agency for Science Technology and Innovation through the National Network for Technology Transfer delivers a proof of concept scheme to support the evaluation, development, and eventual commercialization of early-stage technology (). Recently, The CONNECT Denmark and the Technical University of Denmark (DTU) have partnered to leverage the National program to support proof of concept […]
Innovacorp funds Nova Scotia universities through Early Stage Commercialization Fund
Innovacorp is a Canadian early-stage venter firm that supports Nova Scotia research universities and community colleges through their Early Stage Commercialization Fund. Their investment interests are wide and supported projects can receive up to $50,000 per investment. These monies go to technologies with medium to high technology readiness levels.
Angel Capital Q1/2 report shows more activity, move to expansion
In our recent revamp of the early-stage capital continuum in our Mind the Gap roadmap report, we identified angels as vital capital partner in transitioning proof of concept technologies and pre-seed start-ups. As venture capital targets later rounds and expansion/growth stages of company development, individual angels and angel groups are a necessary bridge in the funding gap. Their activity […]
Sen. Gillibrand gets it, highlights proposed AIA Innovation Bank and proof of concept funds
UDATE: VESTAL, N.Y. — Researchers at Binghamton University are working on developments in areas such as solar energy. But they don’t always have the resources they need to take their ideas to the next level. “They might not be ready to get venture capital, but are beyond the point where they can be funded by […]
INCITE fund announces three more investments into IT, healthcare, and transportation
A state investment fund designed to support innovative small businesses announced a new round of investments Monday. The INCITE Co-Investment Fund, which provides public dollars to supplement private investments by venture capital funds and investors in Tennessee companies, said three companies will receive $5.3 million in funding, $1.55 million of which will come from INCITE. Franklin-based Agilum Healthcare Intelligence Inc., a […]
Creative Australian government matching schemes are set to target proof of concept and seed stage
NEW dollar-for-dollar schemes backed by the federal government are needed to stop the miscarriage of promising research due to a lack of commercialisation funding. The boost is needed to encourage universities and medical institutes to set aside discretionary funds for crucial early stage proof-of-concept work once Australian Research Council and National Health and Medical Research […]
UCSD prof receives $1M from the W.M. Keck Foundation to translate pharma delivery research
At the University of California, San Diego, scientists have received a $1 million grant from the W.M. Keck Foundation to fund research into exploring a molecular approach to delivering drugs that could change the pharmaceutical industry worldwide. The W.M. Keck Foundation of Los Angeles supports “high risk/high reward” pioneering discoveries in groundbreaking studies that enable […]
Alabama Innovation Fund supports four U Alabama Research Projects
Four University of Alabama research projects were among 15 such projects at state universities that have received a total of $4 million in grants from the Alabama Innovation Fund. Gov. Robert Bentley announced the grants Wednesday at the state’s Innovation and Entrepreneurship Conference in Hoover, saying the ongoing research and innovation will help create jobs […]
i2E scores a win for state in Oklahoma, leverages $23M in additional capital
We had the opportunity to showcase innovation 2 Enterprise in a web-workshop earlier this year, a Oklahoma state supported POC/seed stage accelerator/investor. They recently reported a major success in leverging $23 M for Selexys Pharma and MPM Capital to sickle cell and Crohn’s drugs. Pending a successful trial there could be a payout of nearly […]