Launch of Alberta Transplant Innovation Fund to Accelerate Transplant Research and Innovation
The University Hospital Foundation, Alberta Economic Development and Trade and Astellas Pharma Canada, Inc. (Astellas) today announced a new research and innovation partnership that will have a direct and tangible impact on some of the most vulnerable Albertans – those waiting for organ transplantation. The three organizations have partnered to establish the $1.2 million dollars […]
Venture Grants Fund Growth and Exploration for Colorado College Students
Keller Venture Grants, made possible by the Keller Family Foundation, allow hundreds of Colorado College students to create and implement their own research projects by providing students up to $1,000. Last year, the program provided nearly $150,000 in student research funds and saw 146 CC students pursue their own individual research projects on campus, across […]
Third Rock Ventures Raises $616 Million Fund IV for healthcare tech
Third Rock Ventures, LLC announced today the closing of Third Rock Ventures IV, LP (“Fund IV”), raising $616 million in an oversubscribed fund. With Fund IV, the firm will continue to execute on its strategy of creating innovative healthcare companies to make a meaningful difference in the lives of patients and their families. Since launching […]
New Mexico state pumps $40M into venture investments from tax fund
The New Mexico State Investment Council unanimously approved another $40 million from the Severance Tax Permanent Fund Tuesday for venture investments in local startup companies. The money will help replenish the SIC’s Co-Investment Fund, which makes direct investments in startups in partnership with venture capital firms. The new money raises SIC cash commitments to the […]
Alumnus seeds Swartz Center thats poised to draw innovation at CMU and in Pittsburgh
Carnegie Mellon University’s “hub for entrepreneurship,” the Swartz Center for Entrepreneurship, got its official start Tuesday in the best possible way — surrounded by CMU innovators hoping to take their companies to the next level. James Swartz, the co-founding partner of Accel Partners, a venture capital firm that has helped fund some of the country’s […]
How $100B of ‘Free Money’ Could Transform Tech
Oil is so last century. With oversupply and lagging demand holding down the price per barrel, even Saudi Arabia, one of the world’s largest producers of petroleum, is moving away from its dependence on crude. The Saudi government recently struck a partnership with the Japanese telecom giant SoftBank to create a massive capital fund that […]
GO-EDC launches fund for start-up companies
The Greater Oshkosh Economic Development Corporation has launched a fund to help entrepreneurs get their business ideas off the ground in the Oshkosh area. GO-EDC this week announced its recently minted Greater Oshkosh Capital Catalyst Fund is now accepting applications for funding. The $250,000 fund was formed with $125,000 from the City of Oshkosh and […]
3 initiatives, $3M for startups: MEDC seeks to boost access to early-stage capital
A trio of initiatives from the Michigan Economic Development Corp. aims to increase the flow of capital to startups and early-stage companies in the state. By the end of the year, two separate but similar funds of $1 million and $2 million each could begin offering grants to university researchers and entrepreneurs seeking to validate innovations […]
Enterprise Ireland gets a new €200k start-up Competitive Feasibility Fund
A new €200,000 Enterprise Ireland Competitive Feasibility Fund for entrepreneurs and early-stage start-up companies in the Cork region has been launched. The fund, which is a key measure of the Government’s Action Plan for Jobs, is aimed at stimulating businesses by providing up to €25,000 in funding to each successful applicant. The fund is open […]
Group seeks to guide philanthropists to supplement crunch in federal funding of research
Poring over a list of the top 50 US philanthropists in 2014, physicist Marc Kastner noticed that 16 were based in California, compared with just 6 in New York, Connecticut and New Jersey combined. “That made it pretty clear where I should be,” says Kastner, who established the offices of the Science Philanthropy Alliance in […]