UNC-Greensboro, N.C. A&T State University launch I-Corps program to support entrepreneurs
Two universities in Greensboro have received a $500,000 grant from the National Science Foundation to set up a program to support local entrepreneurs in the STEM fields. UNC-Greensboro and N.C. A&T State University will use the funding to establish an Innovation Corps site in the city. The $500,000 will be given to the program over […]
Pelotonia cycling donations being used on ‘high-risk, high-reward’ idea grants at Ohio State University
From “Idea Grants” for scientists to statewide networks studying specific cancers, Pelotonia donations have been used since 2009 to fund research projects that otherwise might have sat on shelves gathering dust.As some 8,000 riders prepare for the ninth annual cycling fundraiser being held in central Ohio this weekend, Ohio State University’s Comprehensive Cancer Center this […]
Arkansas Research Alliance, Governor Recognize Five Scientists For Excellence
Governor Hutchinson and the Arkansas Research Alliance (ARA) gave recognition to five university researchers in the state by awarding them an ARA fellowship that comes with a $75,000 grant. The ARA Fellows program supports distinguished researchers already working at one of the five research universities in the state, including Arkansas State University, University of Arkansas in […]
Seed funding slows in Silicon Valley
The bloom is off seed funding, the business of providing money to brand-new startups, as investors take a more measured approach to financing emerging U.S. technology companies. Seed-stage financing has been sliding for the last two years, with the number of transactions down about 40 percent since the peak in mid-2015, data show. Dollar investments […]
Kleiner Perkins shuts seed venture fund as partners leave
Kleiner Perkins Caufield & Byers shut its seed investing program, a two year-old effort to get the venture capital firm back into the potentially lucrative field of early-stage startup investing. All three partners who ran the $4 million KPCB Edge fund, Anjney Midha, Roneil Rumburg and Ruby Lee, departed in recent weeks, a spokeswoman for […]
MEDC MTRAC Advanced transportation technology projects receive $600,000 in grants
Seven advanced transportation technology projects have secured a share of $600,000 in grants that intend to help developers and researchers commercialize their product. The grant is funded in part by Michigan Translational Research and Commercialization’s advanced transportation innovation hub at the University of Michigan and the Michigan Economic Development Corp.’s Entrepreneur and Innovation initiative. Five […]
ReNetX Bio Launched to Advance Innovative Neuro-Regenerative Technology Developed at Yale University
ReNetX Bio, a company developing first-in-class therapeutics to treat injury to the central nervous system, today announced its launch as a new company with the appointment of Erika Smith as Chief Executive Officer. The company also announced the initiation of a Series A financing round to fund its first clinical trial of its lead therapeutic […]
Innovate UK innovation agency gains cash — and clout
UK scientists fearful for their research funds ahead of Brexit were cheered last November when the government announced it would plough an extra £4.7 billion (US$6.1 billion) into research and development (R&D) by 2020–21. But the biggest winner from the largely industry-focused cash may be a government innovation agency that is rapidly gaining clout. Innovate UK began […]
$500K Venture Capital Gift backs efforts to commercialize research projects at Cornell University
The bridge taking Cornell’s budding inventors and entrepreneurs from the lab to the boardroom just got a whole lot sturdier, thanks to a gift from venture capital firm Kairos Ventures. The Los Angeles-based firm, which invests in and supports early stage technologies and discoveries from top universities, has made a commitment of $500,000 to the […]
UK fund’s A$200M investment commitment validates Powerhouse university investment model
London Stock Exchange-listed IP Group’s decision to invest A$200 million over 10 years in commercialising scientific innovations from universities Down Under validates the business model of ASX-listed tech incubator Powerhouse Ventures, says its new chairman Russell Yardley. Powerhouse has a portfolio of 19 companies developing intellectual property spun out of New Zealand research institutions with […]