TEDCO has new money to close your startup’s funding gap
TEDCO has new funding for startups who are past the seed funding stage but not quite ready for VCs. Maryland’s quasi-public agency that helps early-stage companies received $1 million from the state to create the Gap Investment Fund. The funding was provided in Gov. Larry Hogan’s 2018 budget, which passed the General Assembly during its recently completed 90-day […]
New French Biotech Seed Fund Raises €65M-to support university innovation
Advent France Biotechnology, founded in 2015, has exceeded its initial fundraising target at the first closing. Its Seed-Fund I now counts with €64.75M that will be invested predominantly in France. The funds will back entrepreneurs and early-stage companies with the potential to develop first- or best-in-class innovations that address unmet medical needs. Advent France has declared […]
NSF $500K grant to fund entrepreneurial growth at Mississippi State University
Mississippi State University received nearly half a million dollars from the National Science Foundation to launch a program to strengthen innovation and entrepreneurship in the Golden Triangle Region. A $495,300 grant from the NSF will launch a new Innovation Corps site at MSU. The I-Corps program teaches grantees to identify valuable product opportunities that can […]
New Mexico State University’s AgSprint accelerator selects first participants
Six promising startup companies that are developing technology in all areas of agriculture have been selected for a new accelerator program at New Mexico State University’s Arrowhead Center. The AgSprint accelerator, part of the Arrowhead Technology Incubator, is a five-month venture-builder program designed to support innovation in agriculture by connecting agricultural entrepreneurs to financing, demonstration […]
University of Malta puts up €100,000 in seed funding to help start-ups take off
Entrepreneurs, start-ups and researchers can tap €100,000 in seed funding offered by a University of Malta award. The Take Off seed fund award (TOSFA), now in its fourth year, seeks to aid entrepreneurs, start-ups and researchers mould their ideas and technologies into investor-ready and market-ready businesses. Entrepreneurs and start-ups devoted to furthering their ideas for […]
Education Ministry and Qatar National Research Fund boost young scientists
Projects developed by the brightest young scientific minds from schools across Qatar have been placed in the spotlight through a new national competition organised by Qatar National Research Fund (QNRF), a member of Qatar Foundation Research and Development (QF R&D), and the Ministry of Education and Higher Education. 2,127 students — 31 percent of whom […]
Houston Methodist Receives $21M Commitment to start three new funding programs
Houston Methodist recently received a $21 million commitment – the largest nonestate pledge in its almost 100-year history – to speed up the development of new treatments and therapies for patients suffering from injury and illness. The Houston Methodist Research Institute will use this gift from the Jerold B. Katz Foundation to support translational research, […]
Company founded by two Marquette University researchers raises $26 million in funding
Promentis Pharmaceuticals, a Milwaukee company co-founded by Drs. John Mantsch and David Baker, researchers from the Marquette University College of Health Sciences, raised $26 million, including $17.2 million in its third funding round. OrbiMed, F-Prime Capital Partners (formerly Fidelity Biosciences) and Aisling Capital were the lead investors. This is exceptional syndicate of investors, particularly for […]
A $150 million fund, The Engine, will back startups others find ‘too hard’ | TechCrunch
A fund and accelerator for advanced technology startups, The Engine, closed its debut fund at a robust $150 million this week, according to its president, CEO and managing partner, Katie Rae. Last year, TechCrunch reported that MIT was investing $25 million into The Engine, becoming the anchor LP for the fund. While The Engine is […]
Ideadvance Seed Fund now open to some U Wisconsin System alumni
The Ideadvance Seed Fund, previously limited to students, faculty and staff of the university system, has now been extended to include UW System alumni – except those who attended University of Wisconsin-Madison. The seed fund is seeking applications through April 28 from alumni who have a business idea related to advancing the “knowledge economy” in […]