State launches $32 million innovation hub for new Buffalo Niagara startups, includes $13.5M fund
For years, one of the big voids in the Buffalo Niagara economy has been its dearth of entrepreneurs willing to take a chance that could turn a good idea into a thriving business. Now, the state is putting up $32 million over five years to provide funding for those entrepreneurs and give them the work […]
UWM faculty to teach Scale Up Milwaukee Growth Accelerator
Elmer Moore Scale Up Milwaukee has changed the name of its Scalerator program to Scale Up Milwaukee Growth Accelerator and brought on University of Wisconsin-Milwaukee faculty to teach the course. The format of the business growth training program has also been changed slightly in its fifth iteration, said Elmer Moore, executive director of Scale Up Milwaukee. The […]
UB-affiliated artificial intelligence startup raises $900,000 in seed round to advance driverless boat technology
Buffalo Automation, an artificial intelligence (AI) startup that is developing technology for self-navigating boats, has secured $900,000 in seed funding from investors — significantly more than the $700,000 the company set out to raise early this year. The investments will enable the company to expand pilots of its innovative product — a system called AutoMate that […]
Mercedes-Benz, University of Alabama partner on startup challenge
Mercedes-Benz is partnering with several entities, including the University of Alabama, to drive innovation within the state’s college and professional startup community. The “MBUSI Innovation Challenge” is running through June 19 across two streams of participants – students and professionals, and existing startups – to offer solutions to issues in advanced manufacturing. The winners can […]
Connecticut Innovations hopes its record 2017 returns woo more venture investment
Like a gambler confident in his long-term strategy, Connecticut Innovations doesn’t sweat a bad bet. Losing — as much as $5 million on a single company in one instance — is part of the venture capital investment game. It’s a process that can feel like a slog, particularly in the seven- to 15-year investment cycles […]
‘TEDCO 2.0’ comes into focus – Technical.ly Baltimore
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 […]
$5 million donation to University of Chicago support startup education and immersion
The fund donated by Khosa will be used to establish the Rattan L. Khosa Student Entrepreneurs Program at the Polsky Center for Entrepreneurship and Innovation at the university. The program will help the students to convert their innovative ideas to successful business models. The initiative consists of four components through which financial aid will be […]
Iowa Startup Accelerator and NewBoCo announce incoming startup teams
The New Bohemian Innovation Collaborative (NewBoCo) is a nonprofit with the mission to accelerate world-changing ideas from Iowa, and to create impactful startup businesses that grow through its Iowa Startup Accelerator program. Iowa Startup Accelerator is an intensive program that matches tech-based startups with world-class mentors, Midwestern work ethic, seed funding, and product development expertise […]
USTAR announces latest round of awards to university researchers
The Utah Science Technology and Research Initiative announced the selection of eight University Technology Acceleration Grant (UTAG) awards. “These projects are a testament to Utah’s innovative spirit,” said Ivy Estabrooke, Ph.D., USTAR executive director. “We received strong applications and these awardees represent projects with high potential to make significant impact in real world application.” The […]
NUS Enterprise and Singtel Innov8 launch new hub for cybersecurity startups
On 5 March, NUS Enterprise and Singtel Innov8 jointly launchedSingapore’s first integrated regional cybersecurity hub to kick-start and support early stage and growing start-ups, entrepreneurs and academics worldwide. NUS Enterprise is the entrepreneurial arm of the National University of Singapore, while Singtel Innov8 is a corporate venture capital fund with its own set of decision-making, approval and funding processes and […]