CincyTech predicts 600 new jobs with $30M fund
CincyTech has formed its fourth and largest fund to date, one that will provide about $30.75 million to invest in as many as 25 homegrown startups in the digital and life sciences fields. The Cincinnati-based accelerator projects the CincyTech Fund IV LLC will create at least 600 jobs in Southwest Ohio over the next five years. New hires would earn on average about $80,000 […]
The House Fund raises $6 million to invest in startups tied to UC Berkeley
A new fund has been created with the sole purpose of investing in startups coming out of University of California at Berkeley. Jeremy Fiance, former managing partner for the Dorm Room Fund, has raised $6 million to create The House Fund, which supports pre-seed and seed-stage companies with ties to the university. The House Fund […]
From the Lab to the Marketplace: Michigan Tech Researchers Find Help at Home to Commercialize Their Discoveries
Startupcompanies involving two Michigan Technological University faculty members have recently signed commercial licensing agreements, which represent important commercialization milestones.Both companies worked extensively with services and programs provided by the Technology Commercialization Team in MichiganTech’sOffice of Innovation and Industry Engagement. The team helps researchers move from technical discovery to product launch.Those services and programs included the […]
Can An Investment Fund Make Minnesota A Medtech Mecca?
If Minnesota really wants to realize its long-held dream of becoming a national hub for medtech and biotech research and to benefit from the high-paying jobs that could spawn, it needs a well-funded, long-range commitment from the state — and what better time to do that than with a $900 million budget surplus in hand? […]
Innovators & Entrepreneurs: Seed fund plants success in Oklahoma
Black Mesa in the Panhandle is the highest and driest place in Oklahoma. Black Mesa used to be considered a no-man’s land. Paleontologists went there to look for dinosaur bones. It’s the harshest, coldest place in the state. And yet, the flora and fauna reported in the Black Mesa are unique — some of these […]
Startups working with venture capital firms perform the best
It’s a familiar idea that venture capitalists, or VCs, are the “money of invention” and fund firms with high growth potential, helping bring their products to market. However, entrepreneurs have many options when considering funding. There are corporate venture capitalists (CVC), which typically work within a larger corporate structure and seek to acquire innovative startups […]
Peoria’s OSF hospitals launch $75 million VC fund
A hospital run by a small group of nuns in Peoria probably isn’t the first place you’d look for the cutting edge. But OSF Healthcare, which runs 11 hospitals across the state, is one of a few dozen hospitals nationwide directly investing in startups. Some of the more well-known hospitals with venture funds include […]
Arrowhead innovation fund preps to distribute
A lot more seed and early-stage capital could begin flowing into fledgling startups at New Mexico State University this summer thanks to a new innovation fund being set up by NMSU’s Arrowhead Center Inc. Arrowhead, which manages all of the university’s technology transfer and commercialization programs, announced its intent last year to establish a $2 […]
University of Massachusetts announces $215,000 in Tech Development Awards
President Marty Meehan today announced $215,000 in funding for a program that over the past 13 years has seen UMass invest $2,355,000 in faculty R&D projects, leading to $15 million in follow-on investment, generating numerous commercial licenses and patents and resulting in startup companies locating in Massachusetts. “With these awards, we are investing in today […]
Venture capital funds, think tanks puzzle over start-up valley of death
Policy makers and start-up funders say Australia is one of the best at inventing new business ideas, but is the worst at actually turning them into businesses – and there are no quick fixes for this conundrum. And even if they do start a business successfully, they can still get lost in a funding “valley […]