Arkansas Innovation Hub Announces Kickoff of Inaugural I-Fund Program
The Arkansas Regional Innovation Hub of North Little Rock announced Wednesday that eight teams representing five universities kicked off an inaugural 12-week I-Fund program in Fayetteville over the weekend. I-Fund is an early stage, proof-of-concept fund formed to capitalize and train university startups, according to the Hub’s website. Each team, which has at least one […]
U Queensland Inflazome closes US$17m Series A financing round from Novartis Venture Fund
Inflazome (inflazome.com) has successfully closed a Series A financing round for up to US$17/€15 million. Two leading life sciences venture capital firms, Novartis Venture Funds and Fountain Healthcare Partners, co-led the financing. Inflazome is developing inhibitors of the inflammasome, a compelling biological target that regulates our innate immune response, now associated with a wide variety […]
Michigan Economic Development Corporation to provide more money for entrepreneurship, innovation
The Small Business Development Center, Invest Detroit, Automation Alley and TechTownare some of the beneficiaries of a budget increase for support of entrepreneurship and innovation by the Michigan Economic Development Corp. for the fiscal year that begins Oct. 1. According to Emily Guerrant, MEDC vice president of marketing, the budget for entrepreneurship and innovation has […]
University of California Is Putting Money Into an Alumni VC Fund
The University of California is giving its student entrepreneurs a big endorsement. During a scheduled public meeting of its regents’ finance committee on Friday, the school revealed that it has invested into the House Fund, a young $6 million fund. The fund, established by UC Berkeley alumnus Jeremy Fiance, focuses on very early stage startups […]
PepsiCo extends innovation fund to educational institutions
Eligible colleges and universities will have the opportunity to submit sustainability project proposals to PepsiCo Recycling that present tangible environmental, economic and social impacts. The proposals will also need to demonstrate the ingenuity, scalability and evident student community support for the proposed project to receive funding. PepsiCo recycling programme director Meagan Smith said: “Great ideas […]
$5.9 million for Red River College research, vehicle test facility
Red River College has received the largest influx of research funding since founding its research enterprise in 2004. This new investment will allow Red River College to boost innovation capacity in Manitoba’s vehicle technology and food development sectors. “This is a red-letter day for the College, our partners, and for Manitoba’s innovation outlook in general,” […]
University City Science Center Receives SBA Funding for Newest Commercialization Program
The U.S. Small Business Administration has awarded $50,000 to the University City Science Center’s newest commercialization program, Phase 1 Ventures. Soft launched in 2014 and formally rolled out earlier this year, Phase 1 Ventures (P1V) is a startup accelerator for “long horizon” technologies – those requiring significant development and/or regulatory approvals – such as healthcare, […]
Ottawa universities unveil 13 research fund winners
Thirteen large-scale initiatives led by universities across Canada are the winners in a high-stakes federal competition aimed at helping the country’s top scientists make a mark in the global research arena. The projects will split a total of $900-million in federal funding to build on Canada’s existing strengths, and advance knowledge in fields as diverse […]
iBIO Institute’s PROPEL Center Is Winner of U.S. SBA’s Growth Accelerator Fund Competition
The PROPEL Center of the iBIO Institute, dedicated to increasing the number and success rate of early-stage life sciences companies in Illinois, announced today that it was a winner of the U.S. Small Business Administration’s 2016 Growth Accelerator Fund Competition, including a cash prize of $50,000. The SBA Office of Investment and Innovation, Office of Native American Affairs, […]
University of Calgary awarded $75-million research grant for cleantech, energy
The University of Calgary has been awarded $75 million over seven years from the Canada First Research Excellence Fund (CFREF) for its Global Research Initiative in Sustainable Low Carbon Unconventional Resources. The goal of this research is to dramatically reduce the impact of energy extraction and energy use on the environment. The funding is part […]