Co-creative university-industry innovation must be core mission of universities
European universities need to embrace change by continuing to forge alliances with innovative companies and independent research groups to use and develop their knowledge in cooperation with the outside world, experts agreed at the 8 March launch of the European University Association’s new report The Role of Universities in Regional Innovation Ecosystems. This analysed in-depth case […]
Osage University Partners raises $273 mln for third fund
Osage University Partners (“OUP”), a Philadelphia area-based venture capital firm, today announced the closing of Osage University Partners III, L.P. (“OUP III”) at $273 million, exceeding its target of $250 million. OUP III marks the firm’s third fund dedicated to investments exclusively in startups that are commercializing university research, bringing OUP’s total assets under management […]
New university-business partnerships to boost jobs and local economies – GOV.UK
The rollout of new University Enterprise Zones will strengthen links between the research and expertise developed in universities, and ensure they further align with the needs of local businesses. UEZs are a form of ‘incubator’ that provide physical space and facilities for small businesses, where they access support, specialist facilities and knowledge. Helping universities to […]
$6M Endowment Fund: U of T planning to establish new medical research fund with
Plans are underway to establish a $6 million endowment fund to support medical research conducted by U of T faculty members. The endowment, slated to be named the Drucker Family Innovation Fund, was proposed by U of T Professor of Medicine Daniel Drucker and is planned as part of the university’s celebration of the 100th […]
CIT Gap Funds invests in medtech startup
The Herndon, Va.-based Center for Innovative Technology (CIT)announced that its CIT GAP Funds is investing in Richmond, Va.-based Tympanogen, a medical technology company that develops ear, nose, and throat (ENT) treatment devices based on a proprietary gel patch technology. “We have a great opportunity to take over what many consider to be a neglected market. ENT surgeons want a […]
Maryland TEDCO Generates $1.6 Billion in Economic Benefits to the State of Maryland and Supports 7,746 Maryland Jobs
The Maryland Technology Development Corporation (TEDCO), Maryland’s economic engine for technology companies, announced today the findings of an independent economic impact study detailing the economic development contributions of TEDCO’s five core programs to the state of Maryland. Conducted by Richard Clinch of the University of Baltimore’s Jacob France Institute and Mitch Horowitz of TEConomy Partners (JFI-TEConomy), the study found that TEDCO is a significant […]
Recursion and Center for Technology & Venture Commercialization to Jointly Launch Incubator
Recursion and the University of Utah’s Center for Technology & Venture Commercialization (TVC) have signed a memorandum of understanding to explore the launch, programming, and management of an incubator for life science and technology startups. The incubator will be located in Recursion’s former Research Park offices, and the company will sponsor the space for an initial period of […]
$10M gift sparks new program that will develop leaders of innovative ventures
Believing that today’s complex problems require interdisciplinary solutions and innovative, technology-based thinking, Thomas S. Roberts (MBA 1989) and his wife, Kristen, were intrigued by the idea of helping Harvard undergraduates with a passion for technology and entrepreneurship become future leaders of innovative ventures. So, the Roberts are excited to be supporting the Undergraduate Technology Innovation […]
Maryland ‘TEDCO 2.0’ comes into focus
TEDCO made a series of promotions and hiring moves as the state’s quasi-public organization backing early-stage companies looks to rework the programs it offers to help entrepreneurs. The latest announcement hones in on themes that recently-hired CEO George Davis touched on in announcing “TEDCO 2.0” at the organization’s Entrepreneur Expo in Baltimore last fall. Davis, who was an entrepreneur and […]
Faculty Can Apply for Startup Support Through New Gap Fund
A new subset of the Chancellor’s Fund will provide financial support for researchers at the University of Arkansas working toward launching startup companies. The Gap Fund will distribute up to $400,000 each year. Teams made up of faculty, graduate students and post doctoral candidates may apply for the Gap Fund after completing the National Science […]