Ontario government creates $25.8M cleantech innovation fund
Provincial officials announced August 29 that the Ontario government is starting a fund to support the creation and commercialization of green technologies. The Low Carbon Innovation Fund will support technologies in areas such as alternative energy generation and conservation, new biofuels or bioproducts, transportation, and carbon capture and usage. Ontario says that this initiative is […]
Enterprise Ireland reveals latest €750,000 Competitive Start Fund
Enterprise Ireland has issued a call for applications for its seventh Competitive Start Fund (CSF) to be launched in 2017. The €750,000 fund is open to all sectors, with a particular focus on start-ups in the areas of agriculture, manufacturing, life sciences and renewables. ‘Start-up businesses offering innovative products and services are the lifeblood of […]
SparkLabs launches $50M fund for promising early-stage startups in Korea
SparkLabs Group started in 2012 with a Seoul-based accelerator dedicated to boosting South Korea’s then-nascent startup ecosystem. Now it’s going back to its roots with the launch of a $50 million fund for early-stage Korean startups that want to expand globally. The Korean fund’s anchor investors are SeAH and Korea Development Bank/Multi-Asset. Led by Brian Kang and […]
Birmingham AI start-up secures £200,000 Centrica backing
Birmingham-based Grid Edge is the brainchild of three researcher friends, Tom Anderson, Dr Jim Scott and Dr Dan Wright, who met while working together at Aston University’s European Bioenergy Research Institute in 2012. Following three years of product development, the trio has created cloud-based energy management software which uses artificial intelligence (AI) to forecast the […]
UAB launches new commercial accelerator
The University of Alabama at Birmingham kicked off Innovation Week with a major announcement on Monday: the launch of a new commercialization accelerator program. The new program is designed to help students and faculty research ideas and concepts and build them into fully fledged companies. Enlarge UAB has launched a new commercialization accelerator program. BOB […]
University of Buffalo awarded $10 million grant to drive industry partnerships and innovation
The University at Buffalo received a 10-year, $10 million Center for Advanced Technology (UB CAT) in Big Data and Health Sciences designation from Empire State Development’s Division of Science, Technology & Innovation (NYSTAR). The state granted only one such designation. UB CAT, part of UB’s Office of Business and Entrepreneur Partnerships, provides support to enable […]
Venture fund works with corporate sponsors and Georgia Tech University to fund two startups
Engage Ventures, the largest strategic grouping of major corporations and brands in an independent venture fund, has made two investments in the trucking sector. One is in Sudu, an on-demand and scheduled trucking services that utilizes big data, predictive analytics and machine learning to connect companies that ship freight with a network of trucks and diverse […]
New MO regional chamber fund creates $5 million in seed capital for startups
The St. Louis Regional Chamber is partnering with local venture capital firms and banks to offer $5 million in seed capital for startups to spur economic development. Joe Reagan, the chamber’s president and CEO, announced the new Spirit of St. Louis Fund I at the chamber’s annual event Thursday night at Chaifetz Arena. Reagan said […]
Fitz Gate Ventures collects $10 mln for maiden fund into Princeton University- PE Hub
Gate Ventures today announced that it has raised $10 million for its first fund. Founded in July 2016, Fitz Gate Ventures invests in startups in which a Princeton alum, faculty member or student is either a founder or member of the senior management team, and to date it has invested in five early stage companies. […]
University of Southern Mississippi Researchers Use I-Corps Grant to Develop New Polymer Technology
At The University of Southern Mississippi, research and innovation are fueling new discoveries in technology that offer real-world applications in the private and commercial sectors. Nothing illustrates this synergy better than a recent National Science Foundation (NSF) I-Corps grant fostered within the University’s School of Polymers and High Performance Materials. The $50,000 grant – the […]