EU Plans $3.9 Billion Fund for Startups in ‘Valley of Death’
The European Union is planning a 3.5 billion-euro ($3.9 billion) fund that will invest in early stage technology in an effort to increase the pipeline of innovations that might someday take on giants in the U.S. and China. Traditional venture capital firms tend to avoid the costly and risky research needed to turn a scientific breakthrough into […]
Five tech startups receive a total of $275,000 in support from Innovation Fund Northeast Ohio
Five startups have received a total of $275,000, in amounts ranging from $25,000 to $75,000, from Innovation Fund Northeast Ohio in Elyria. The Innovation Fund — an early-stage fund for startups in the technology space that was founded by the Lorain County Community College Foundation and launched in 2007 — said in a news release that the money will enable the […]
Harvard, MIT, GE, FujiFilm And Hospitals Partner To Launch New Biomedical Innovation And Manufacturing Center
Harvard and MIT are teaming up with G.E., Fujifilm, and five of the region’s research hospitals to build a new $50 million center for developing new genetic and cell therapies. The institutions will work together at the new center to make breakthroughs in immunotherapy, cell therapies, gene editing, and other technologies, and will manufacture new […]
Clemson, Prisma Health invest in medical innovation
Researchers at Clemson University and Prisma Health have received funding to collaborate on the development of new medical treatment and diagnostic technologies. Three Clemson-Prisma Health collaborations received investments from the recently created Innovation Maturation Fund, a joint effort between the Health Sciences Center (HSC) at Prisma Health and the Clemson University Division of Research. The […]
University of Houston receives historic $13M gift for its entrepreneurship program
University of Houston’s C.T. Bauer College of Business has received its second largest donation to benefit its entrepreneurship program. The Cyvia and Melvyn Wolff Center for Entrepreneurship, which was recently ranked the top undergraduate entrepreneurship program in the country, received the $13 million gift from its namesake foundation — The Cyvia and Melvyn Wolff Family Foundation — […]
Worcester startup chosen for digital health ‘sandbox’ at WPI
The Massachusetts eHealth Institute at MassTech has selected two startups — Stability Health of Worcester and eMotionRx of Cambridge — to develop and refine their products at the PracticePoint at Worcester Polytechnic Institute “sandbox.” Stability Health aims to improve the lives of people with diabetes. The Worcester-based company’s technology-enabled diabetes care management platform integrates technology, […]
AHA closes on $50M strategic venture fund
The American Hospital Association announced Nov. 13 the final closing of the AHA Innovation Development Fund, which provides financial and technical support to innovative healthcare startups. The $50 million fund is sponsored and managed by Concord Health Partners. Beyond just financial return, the AHA Fund’s goals include advancing promising healthcare technologies and solutions, creating venture opportunities for […]
Invent Penn State scales to provide impact in Pennsylvania
During the Board of Trustees Committee meeting on Outreach, Development and Community Relations on Nov. 14, collaborators in the Invent Penn State initiative — the Office of Entrepreneurship & Commercialization, Happy Valley LaunchBox powered by PNC Bank, Penn State New Kensington and their Corner LaunchBox, and the Office of Government and Community Relations — shared […]
UAVenture Capital Fund Invests in Sleep Apnea Treatment Technology
UAVenture Capital Fund (UAVC), a Tucson-based venture capital fund dedicated to the commercialization of University of Arizona discoveries, products, technologies and services, today announced its thirteenth investment. The Fund has invested in StimAire, Inc. where breakthrough technology may revolutionize the treatment for Obstructive Sleep Apnea (OSA). StimAire replaces today’s surgically implanted neural stimulation devices with a small wearable and […]
SBA Growth Accelerator Funds energize KU’s economic development efforts
On the cusp of a major expansion, the Bioscience & Technology Business Center at the University of Kansas has earned two federal grants to help fuel business acceleration, innovation and economic growth in northeast Kansas. For the fourth time in five years, the BTBC at KU has been awarded $50,000 by the U.S. Small Business Administration through […]