Michigan MEDC Strategic Fund Approves $6.5M for High-tech Startups
The Michigan Economic Development Corp. (MEDC) in Lansing announced the Michigan Strategic Fund (MSF) has approved a grant amendment for $6.5 million for the Michigan State University Foundation to support high-tech startup companies and innovative technologies in Michigan at the university level through the Pre-Seed III fund. The Pre-Seed Fund was created to provide early-stage […]
IU Innovation Center Launches Startup Fund
BLOOMINGTON – Student innovators at Indiana University are getting a boost through a new investment fund from a startup incubator at IU Bloomington. The Shoebox Fund is designed to help student entrepreneurs build, launch and sustain their ideas. It is part of the Shoemaker Innovation Center at the IU Luddy School of Informatics, Computing and Engineering. […]
New Loyola Angels Fund will support venture capital education
Loyola University Maryland has created the Loyola Angels Fund, which supports the launch of a yearlong interdisciplinary undergraduate learning opportunity that ultimately provides student innovators with angel investment experience while serving as a funding vehicle for local under-resourced entrepreneurs, especially Baltimore-based Black-, Brown-, and female-owned businesses. Loyola recently expanded its fundraising goal, from $100,000 to […]
National Security Academic Accelerator pilot program advances ASU faculty and student ideas, technologies
The recently launched National Security Academic Accelerator (NSA2) pilot program at Arizona State University created a unique opportunity for ASU faculty, researchers and students. A partnership with the National Security Innovation Network (NSIN), NSA2 was created as a means for working with top research institutions to support and advance development of dual-use ventures capable of serving both commercial and […]
Chris Sacca Returns With $800 Million in Venture Capital for Climate Tech
enture capitalist Chris Sacca is launching four climate tech funds worth about $800 million in total through his new firm Lowercarbon Capital LLC. “The idea that a relatively small amount of money could be a huge lever in confronting this crisis, I love that,” he said. Sacca made his name and lots of money with […]
Huawei to invest US$100 million in Asia Pacific startup ecosystem over 3 years – Huawei
Huawei announced its plan to invest US$100 million in startup support at the inaugural HUAWEI CLOUD Spark Founders Summit, which took place simultaneously in Singapore and Hong Kong. Huawei said the investment would go towards its Spark Program in the Asia Pacific region, which aims to build a sustainable startup ecosystem for the region over […]
University City Science Center is launching a VC arm to invest in health equity startups
University City Science Center, an organization central to the region’s burgeoning life sciences sector, announced Wednesday the creation of its fourth “strategic pillar” — a venture capital arm that will deploy funds to startups addressing health inequities for underserved populations. This addition of a capital arm adds to the nonprofit’s existing work, which it describes […]
University Hospitals using $2 million gift from Feuer family to set up fund to fast-track innovative ideas
Michael Feuer learned the value of investing in good ideas during his 16 years as CEO of OfficeMax. That’s why he and his wife are giving $2 million to University Hospitals to spur similar innovations in health care. UH announced Wednesday that the donation from Michael and Ellen Feuer is being used to establish the […]
UTEC launches a new initiative to help deep tech founders commercialize their work | TechCrunch
The University of Tokyo Edge Capital Partners (UTEC) is launching a new program to address a problem the venture capital fund says many deep tech founders face. They may raise pre-seed capital from an incubator or accelerator program, but reach a funding gap before moving on to early-stage rounds. Without financial resources, it takes longer to […]
University City Science Center is launching a VC arm to invest in health equity startups – Technical.ly Philly
University City Science Center, an organization central to the region’s burgeoning life sciences sector, announced Wednesday the creation of its fourth “strategic pillar” — a venture capital arm that will deploy funds to startups addressing health inequities for underserved populations. This addition of a capital arm adds to the nonprofit’s existing work, which it describes […]