2 MSU POC programs get boost to continue in
LANSING, Mich (WLNS) – Two innovative projects at Michigan State University have a green light today to continue their groundbreaking work. The Michigan Strategic Fund Board today approved a two-year extension and refunding of $500,000 for the University Early State Proof of Concept Fund-ADVANCE program. That program supports the current gap in the pipeline of moving […]
Rhode Island Foundation awards $340K in grants to medical research projects
Sixteen medical research projects will benefit from nearly $340,000 in seed funding from the Rhode Island Foundation. The grants are intended to further study of Lyme disease, diabetes, stroke, cardiovascular disease and cancer, among other disorders and conditions. Foundation funding for the projects is expected to help researchers win larger funding from national sources. Some […]
Michigan MTRAC Innovation Hub awards $700,000 for advanced transportation projects
Three autonomous driving technologies are among 10 projects to receive approximately $700,000 in investments from the University of Michigan MTRAC Innovation Hub program. The Michigan Translational Research and Commercialization statewide Innovation Hub for Advanced Transportation is backing the products that have potential to reach the transportation market, the program announced Monday. The MTRAC program is […]
Three new government-supported accelerators to boost Victorian startups
More than 170 Victorian startups will benefit from a $13.45 million investment by the state government to establish three new startup accelerators. As part of the LaunchVic funding round, two Australian teams – SBE Australia and Skalata Ventures – will establish and operate accelerator programs exclusive to Victoria. Techstars, an international organisation, is also in the early stages […]
Funding healthcare accelerators, an HHS unit is taking a VC approach to innovation
The DRIVe (Division of Research, Innovation, and Ventures) website looks like it belongs to a VC company rather than a federal agency – smart graphics and succinct descriptions. That’s not an accident. DRIVe is taking a venture approach to solving some intractable health issues. Part of BARDA (the Biomedical Advanced Research and Development Authority), and ultimately the Department of […]
University of Minnesota MnDRIVE Global Food Ventures graduate fellows announced
Eight graduate students who are working toward their master’s or doctoral degree from the College of Food, Agricultural and Natural Resource Sciences (CFANS); the College of Veterinary Medicine (CVM); and the School of Public Health (SPH) were recently awarded fellowships from Minnesota’s Discovery, Research, and InnoVation Economy (MnDRIVE) for the 2018-2019 school year. The world’s population is expected to […]
Miami University/University of Dayton receive state funding for technology development
Miami University and the University of Dayton will use a new $400,000 grant from the Ohio Third Frontier Commission to create a technology validation and startup fund. The grant includes $200,000 in matching funds from the two universities. The award is part of a $2.1 million state program designed to help move new technologies from […]
The University of Malta TAKEOFF Seed Fund Award
For the 5th year running, the TAKEOFF Seed Fund Award (TOSFA) will support researchers and entrepreneurs with their innovative technologies and business concepts. A total of €100,000 will be awarded through a competitive process whereby the best written applications are shortlisted for a live pitch in front of a panel of judges, with the top […]
State launches $32 million innovation hub for new Buffalo Niagara startups, includes $13.5M fund
For years, one of the big voids in the Buffalo Niagara economy has been its dearth of entrepreneurs willing to take a chance that could turn a good idea into a thriving business. Now, the state is putting up $32 million over five years to provide funding for those entrepreneurs and give them the work […]
UB-affiliated artificial intelligence startup raises $900,000 in seed round to advance driverless boat technology
Buffalo Automation, an artificial intelligence (AI) startup that is developing technology for self-navigating boats, has secured $900,000 in seed funding from investors — significantly more than the $700,000 the company set out to raise early this year. The investments will enable the company to expand pilots of its innovative product — a system called AutoMate that […]