My State Cares More About University Innovation Than Your’s Does…
Is your state putting their innovation dollars into university innovation? Over 30 states in the US and countless established and emerging innovation economies across the globe are actively supporting these funding programs. In our most recent report, over 30% of all gap funding support for university proof of concept and startup gap funding programs came […]
$20-Million Fund Will Support Innovation at Ontario’s Colleges
The new $20-million Colleges Applied Research and Development Fund (CARDF) announced by Premier Kathleen Wynne will promote new economic growth, the Ontario Centres of Excellence and Colleges Ontario said today. “College-based applied research projects continue to develop innovations that help businesses throughout the province grow and create new, high-quality jobs,” said Linda Franklin, the President […]
3 eminent alumni fund innovation centre at IIT-Madras
IIT, Madras on Wednesday unveiled its centre for innovation and entrepreneurship which will pave the way for more teaching, research, product development and policy-making initiatives.Named the `Gopalakrishnan-Deshpande Centre’ (GDC) after three of its wellknown alumni, it has an initial funding of $1 million from Infosys vice-chairman Kris Gopalakrishnan and venture capitalists Desh Deshpande and Jaishree […]
10 corporations, Georgia Tech launch Engage, an accelerator program and venture
Atlanta Mayor Kasim Reed, the Georgia Institute of Technology and the CEOs of 10 of Atlanta’s leading corporations today jointly announced the launch of Engage, a mentorship-driven accelerator program and venture fund. The Atlanta-based Engage accelerator is open to startups across the country, with a focus placed on mentoring and market access strategies. Applications will […]
Northwestern Mutual creates $50 million Future Ventures Fund
Northwestern Mutual Life Insurance Co. said Thursday it has established a $50 million venture fund to invest in start-up companies that are developing new financial technology and other innovations the company could offer to clients. Investments from the new Northwestern Mutual Future Ventures Fund — ranging between $500,000 and $3 million each — will develop […]
UCSF Receives $500 Million For Faculty And Research Improvement from Foundation
University of California – San Francisco has received a $500 million donation from the late Helen Diller through her foundation. This is one of the largest donations made to the university as well as in the history of other academic institutions. In its official website, the University of California San Francisco confirmed that the Helen […]
New Michigan state-backed funds to deploy $4.2 million to early-stage companies
Detroit-based nonprofit will manage a new statewide fund created to provide needed early-stage capital to startups in Michigan. Despite the name and initiatives focused primarily on community development in its hometown, Invest Detroit will spread funding from the $4.2 million, two-year First Capital Fund across the state. Invest Detroit intends to meet regularly with Michigan’s […]
Invest Georgia plows $3.25 million into Mosley Ventures
Atlanta-based Mosley Ventures has received a $3.25 million investment from Invest Georgia, a state-run venture capital fund. The General Assembly created Invest Georgia back in 2013, an initiative of Lt. Gov. Casey Cagle, to boost investment in Georgia-based growth and early-stage companies The VC fund was allocated $20 million out of an allowed $100 million […]
Irish Research Council awarded €30m to researchers in 2016
The Irish Research Council’s full-year figures for 2016 detail funding allocated to researchers across the country. In total, in 2016, the Irish Research Council (IRC) granted €30m in funding to 373 new researchers. Details released in late December showed that the largest sum of funding – €15.5m – was allocated to the Government of Ireland […]
The UAE announces legal system for venture capital funds
The move comes as part of the projects of the first batch of government accelerators launched earlier by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to expedite the process of achieving the National Agenda goals. “Approving the controls and obligations governing the venture […]