9 Ways the Pandemic Has Changed Startup Funding-Builtin.com
The coronavirus pandemic has changed everything, including how companies raise venture funding. It has become a slower, shakier process, in part because VCs and startup founders can no longer meet in person. “Much of communication between people is non-verbal,” Russ Wilcox, a partner at Pillar VC, told Built In. Specifically, he said, a lot of emotional […]
New U Arkansas Fund Provides More Than $1.3 Million for Research Commercialization
The Chancellor’s Commercialization Fund has provided more than $1.3 million in funding to University of Arkansas researchers seeking to bring new technologies to the marketplace. Established in March 2019, the fund has awarded 33 grants ranging anywhere from $5,000 to $50,000. The fund prioritizes aggressive teams with mature projects who are “progressing technologies toward real-world […]
Houston-based venture firm closes recent fund and reflects on COVID-19’s effect on investing
t’s no secret that — in light of coronavirus-caused closures, market disruption, and historic unemployment — venture capitalist might be a little more hesitant to join in on a startup’s investment round. Yet one Houston VC group has managed amidst the crisis — and even succeeded in closing its most recent fund. Fitz Gate Ventures, […]
Launch Chapel Hill’s new director presses ahead with accelerator’s growth despite COVID-19
CHAPEL HILL – Launch Chapel Hill is gearing up to send off its 13th cohort of entrepreneurs to embark on their next stage of startup growth. After spending 16 weeks developing their business model and market strategy with mentors in the accelerator, nine early-stage startups will finish off the program by pitching their products and services to […]
TEDCO’s Seed Fund made two new investments in local startups
Following a few months of organizational uncertainty — and despite an ongoing global crisis — Maryland Technology Development Corporation (TEDCO)’s Seed Fund is back to making investments in local startups. Bethesda, Maryland’s NewConnect and Baltimore’s BullFrog AI each received a $200,000 investment from the Columbia, Maryland-based fund last month. Launched in 2013, NewConnect provides high-speed internet access to commercial buildings and enterprises […]
MEDC Creates $3 Million Tech Startup Stabilization Fund To Support Second-Stage Companies
The Michigan Economic Development Corporation has created a $3 million Tech Startup Stabilization Fund to invest in early-stage tech startups in Michigan that are being impacted by the COVID-19 outbreak. Administered by ID Ventures , the Tech Startup Stabilization Fund will provide early-stage tech companies direct investments or loans that can be converted into equity. Investment and loan sizes […]
Four Wilmington startups score NC IDEA nod
Four Wilmington startups are recipients and finalists of two NC IDEA grant programs, according to an announcement Monday. Wilmington based MyKinfo and Survei are NC IDEA MICRO grant recipients, chosen after a three-month competitive application and selection process. MyKinfo is an early-stage startup that participates in the mentorship program at the University of North Carolina Wilmington […]
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 […]
New CUNY partnership launches public health innovation accelerator
The City University of New York’s CUNY Startups program has joined forces with Firefly Innovations of the CUNY Graduate School of Public Health & Health Policy (CUNY SPH) to help address challenges related to the COVID-19 pandemic. The Public Health Innovation Accelerator helps entrepreneurs, CUNY students, faculty, staff, and the broader NYC community generate and […]
Corporate Innovation Increasingly Benefits From Government Research-Forbes
Innovation has always relied, to some degree, on government support. But a recent study suggests that public funding might be even more influential than it seems. “Nearly a third of US patents rely directly on US government funded research,” says Dennis A. Yao, Lawrence E. Fouraker Professor of Business Administration and co-head of the Strategy Unit […]