The Secret to Spreading the Startup Wealth in Emerging Global Markets
A lot of investors say that they’ll back great ideas anywhere. But in most markets, building impactful businesses is a “chicken and egg” situation—investors say there are no good deals, and entrepreneurs say there’s no capital. This is the “Pioneer Gap,” the period when entrepreneurs are the most vulnerable—you’ve taken the plunge, but haven’t raised […]
Syracuse CASE Awards Three University-Industry $50,000 Grants for Collaborative Research
The Center for Advanced Systems and Engineering (CASE) at Syracuse University announced the winners of its inaugural University-Industry Seed Funding Competition. This unique program provides New York State companies with an opportunity to receive up to $50,000 in leading-edge University-based research and development with no immediate matching investment. The competition, announced in October, was open […]
4 universities form Triangle Venture Alliance to fund startups
Boosted by a $250,000 federal grant, four Triangle Universities are forming the Triangle Venture Alliance which plans to work with alumni in funding startups. The alliance is the second major boost to emerging ventures in the Triangle in two days, NCSU having announced a new $1M fund and accelerator as well on Tuesday. Duke disclosed […]
New early-stage venture fund forming with eye on Pittsburgh startups
Pittsburgh-area entrepreneurs will soon have another funding option for growing early phase startup companies. Pharmaceutical giant GlaxoSmithKline has thrown its support behind the creation of a $100 million venture capital fund, which will help meet a need for early stage business startup capital in the Pittsburgh area. Philadelphia-based SG3 Ventures anticipates awarding its first round […]
UNICEF Is Launching A Venture Fund For Open-Source Civic Technology
From unmanned aerial vehicles to 3-D printing, new technology has a lot of potential to “flatten” the world and spread social good. And now, by launching its first venture capital-type fund for civic technology, the United Nations wants to accelerate the development of those ideas. UNICEF recently announced a $9 million fund with the aim […]
Maryland TEDCO’s $1 billion economic impact could be bigger
The Maryland Technology Development Corp. contributed $1 billion to the state’s economy and created more than 4,000 jobs in 2015, according to a new study. In a December report, nonprofit research firm Battelle described TEDCO’s economic impact as a significant and growing contribution to Maryland’s economy, but also pointed to room for improvement. TEDCO lags […]
Purdue University $10M Fund Focuses on Startups
Purdue University has announced a $10 million fund for entrepreneurs to launch businesses. The Purdue Startup Fund will be jointly funded by alumni of the university and the Purdue Research Foundation. Purdue Foundry Director of Venture Capital and Funding Resources John Hanak says he expects the new fund to boost startup activity. “What makes this […]
University of Chicago to Get $50 Million From Venture Capitalist
Nearly four years ago, the venture capitalist Michael Moritz donated $115 million to his alma mater, the University of Oxford, to bolster the British university’s financial assistance efforts. Now Mr. Moritz, the chairman of Sequoia Capital, and his wife, Harriet Heyman, are providing a similar gift for an American institution. The University of Chicago plans […]
University City Science Center awards $600k in funding to 4 researchers
Four university researchers just received a nice financial boost from the University City Science Center. The researchers will receive a share of the $600,000 award to develop technologies that could lead to new gene and cell therapies, as well as help nurses and physical therapists do their jobs more effectively. Half of the $600,000 will […]
U Hawaii Accelerator Awarded Funds to Expand Outreach
The University of Hawai‘i’s proof of concept center/venture accelerator XLR8UH was recently awarded a $500,000 grant from the Economic Development Administration to expand its successful commercialization efforts statewide, including underserved rural communities on the Neighbor Islands.The grant is part of the EDA’s 2015 Regional Innovation Strategies Program, a cutting-edge federal program that supports initiatives to stimulate innovation […]