Michigan Strategic Fund Approves Extensions for Business Incubators, Grant Programs Supporting Early-Stage and Commercialization of Tech Companies
Aimed at supporting the continued economic growth and stimulation of Michigan’s entrepreneurial ecosystem, the Michigan Strategic Fund (MSF)—administered by the Michigan Economic Development Corporation (MEDC)—has approved funding extensions totaling $1.8 million for six statewide programs. Each program strategically capitalizes on resources allocated through state funding to promote early-stage startups and the commercialization of cutting-edge technologies. […]
Disruptive Technologies Innovation Fund Benefits Companies in EU
Minister of State for Trade, Employment, Business, EU Digital Single Market and Data Protection, Pat Breen has congratulated the four Limerick “groundbreaking projects” that have received €17.2 million under the first round of the Disruptive Technologies Innovation Fund. The successful Limerick projects are: A consortium including Curran Scientific, Raheen, will receive a maximum of €8.4 million towards a […]
UNICEF’s Innovation Fund announces first cohort of blockchain investments in emerging markets
Six companies in developing and emerging economies will receive investment from UNICEF’s Innovation Fund to solve global challenges using blockchain technology. The UNICEF Innovation Fund will invest up to $100,000 USD in the six companies; Atix Labs, Onesmart,Prescrypto, Statwig, Utopixar and W3 Engineers to deliver open-source prototypes of blockchain applications within 12-months. Selected from more than 100 applications across 50 countries, these six […]
UVa, city, county planning entrepreneurial accelerator
Localities will match funds from GO Virginia grant, if awarded The University of Virginia, Albemarle County and the city of Charlottesville all have pledged support for a program aimed at accelerating the growth of local startups. David Touve, senior director of the i.Lab at UVa, said the proposed Catalyst Accelerator Program would provide workspace, educational […]
WEDC accelerator awards grant to support startup businesses in southeastern Wisconsin
The Wisconsin Economic Development Corporation (WEDC) has awarded the Wisconsin Women’s Business Initiative Corporation (WWBIC) an $80,000 grant to support its Growth Accelerator program, which will help 10 entrepreneurial teams start or grow their businesses. The grant will enable WWBIC to conduct two intensive, 10-week Growth Accelerator classes with five teams in each – one […]
UK universities awarded £25.5m EU funds for innovative digital projects
The European Innovation Council (EIC) has selected 38 innovative projects to develop new ideas towards radically new future technologies. Nine out of the 38 projects involve UK universities. In total, the projects will receive £110m (€124m) under the future and emerging technologies (FET Open) strand of the EIC pilot, run under the EU’s research and […]
Arrowhead Innovation Fund makes first investment in a NM company
An Energy Star-rated technology, EVUS Inc. uses a unique proprietary design that harnesses the power of magnets for use in home heating. “EVUS is an excellent example of the type of high-quality investments that are possible in New Mexico,” said AIF Managing Director Estela Hernandez. “This technology will bring to market an efficient and cost-saving […]
Twelve Academic Technologies Selected for Science Center Proof-of-Concept Program
Twelve promising technologies developed at nine academic institutions across the tristate region have been selected as finalists for the University City Science Center’s QED Program. QED is designed to bridge the gap between academic research and product commercialization. Researchers from the Children’s Hospital of Philadelphia; Harrisburg University of Science and Technology; New Jersey Institute of Technology; Penn State College […]
UNM tech spinoff attracts $1.5M investment, backed by the State’s Catalyst Fund
A new cell screening and analysis technology that accelerates tissue-processing rates by up to 100-fold is nearing market, boosted by a $1.5 million venture investment in local startup BennuBio. The company is commercializing a University of New Mexico breakthrough in flow-through cytometers, or cell meters, which are used to rapidly analyze millions, and often billions […]
CIT GAP Funds Invests in Embody
Herndon, Virginia, Aug. 28, 2018 (GLOBE NEWSWIRE) — The Center for Innovative Technology (CIT) announced today that CIT GAP Funds has invested in Embody, a Norfolk, Virginia based medical device company developing collagen-based products for the treatment of tendon and ligament injuries. The 757 Angels led this investment in Embody’s convertible debt round, alongside CIT and individual investors. […]