Ratan Tata, University of California to set up venture capital fund
Tata Sons Ltd’s chairman emeritus Ratan Tata is gearing up to get more serious and institutional about the early-stage investing business, after a prolific run as an angel investor. Tata, 78, in partnership with the University of California, is setting up a venture capital fund with a corpus of around $100-150 million and has already […]
Proposed $100 million public-private partnership would seed new Michigan VC funds
The trade group for venture capitalists in Michigan wants to form a $100 million fund to match millions in private capital with public investment. Under the proposal that’s being pushed by the Michigan Venture Capital Association, private investors would put $75 million into a fund to seed new venture capital funds, an amount the state […]
UB CAT awards over $500K to innovative life sciences companies
The University at Buffalo Center for Advanced Biomedical and Bioengineering Technology (UB CAT), a program of UB’s New York State Center of Excellence in Bioinformatics and Life Sciences (CBLS), has awarded more than $500,000 in funding to 16 life sciences companies. Sponsored by the New York State Division of Science, Technology and Innovation (NYSTAR), the […]
NYU and ffVC collaborate on AI startup support program
The NYU Tandon School of Engineering and ff Venture Capital (ffVC), a leading early-stage technology venture capital firm based in New York City, this morning will announce New York City’s first program to launch and support artificial intelligence (AI) startups. The program will also mark the first time in the United States that a university […]
Australian $200M medical research investment fund signs up university members
Three New Zealand research organisations have signed up to become members of the Medical Research Commercialisation Fund, Australia’s largest life science venture fund. Otago University, the Malaghan Institute, and Callaghan Innovation are joining the fund’s collaborative structure which includes more than 50 Australian medical research institutes and research hospitals, the Australian federal government and five […]
Third €100,000 Malta Seed Fund enables start-ups to take off
The Ministry for the Economy, Investment and Small Business today handed out funds at this year’s €100,000 Seed Fund Award during a ceremony which was presided over by the Rector of the University of Malta, Prof. Alfred J. Vella. This year’s €100,000 TAKEOFF Seed Fund Award will benefit 9 researchers and entrepreneurs to help them […]
Indiana to propose $1B plan to boost innovation, entrepreneurship
Indiana Gov. Mike Pence on Thursday is scheduled to announce a plan to spend $1 billion over the next 10 years to boost innovation and entrepreneurship in the state. The plan centers on collaboration between government, research universities, communities and the private sector. Pence was set to publicly unveil the multi-pronged proposal at the eighth […]
New $256M European institute to fund research and innovation
An initial sum of €240 million (US$265 million) will be made available to a newly created national institute that will fund research and innovation in Greece, and will support government efforts to pull the country out of prolonged recession and create new jobs. The aim of the Research and Innovation Institute will also be to […]
Luxembourg to Set up a Seed Fund for Innovative Start-up Companies for U Luxembourg
The Luxembourg Government launched jointly with a group of private investors a seed fund to support the financing and the development of start-ups up to seven years of age which are operating within the national digital economy field. This move is a further step in increasing Luxembourg’s visibility as a hub for launching new innovative […]
Senators introduce bipartisan bill to support U.S. research and education
The U.S. science community got a big pat on the back today from members of the Senate commerce and science committee. The senators delivered their encouraging message in the form of a bipartisan bill that would reauthorize programs at the National Science Foundation (NSF) and the National Institute of Standards and Technology (NIST) and tweak […]