Ideadvance Seed Fund now open to some U Wisconsin System alumni
The Ideadvance Seed Fund, previously limited to students, faculty and staff of the university system, has now been extended to include UW System alumni – except those who attended University of Wisconsin-Madison. The seed fund is seeking applications through April 28 from alumni who have a business idea related to advancing the “knowledge economy” in […]
DOD’s $250 million rapid innovation fund
The Pentagon will begin taking submissions for its Rapid Innovation Fund (RIF) at the end of the month, according to a March 17 announcement. The fund is used to quickly test and integrate innovative technologies that solve critical national security needs. Mature prototypes may receive up to $3 million and will have up to two years to complete […]
ScaleUP Ventures closer to $75 million fund target after $25 million boost from Ontario government
Toronto-based ScaleUP Ventures (SUV) announced today a second close of $32.25 million for its ScaleUP Ventures Fund, which now has over $70 million in committed capital. The funding was led by $25 million from the Province of Ontario, via the Ministry of Research, Innovation and Science. “We need to continue to strengthen Ontario’s innovation ecosystems […]
University System of Maryland Launches $25 Million Maryland Momentum Fund to Back Start-Up Companies Formed from Campus Research
To increase new company creation and commercialization of its leading-edge research, the University System of Maryland (USM) is launching a $25 million early-stage investment fund to be known as the Maryland Momentum Fund. The money-raising process for start-up companies typically is an uneven one. Therefore, the Maryland Momentum Fund will concentrate on filling gaps in […]
Wisconsin Economic Development Corporation awards $700,000 in grants to support local efforts to provide seed funding for startups
Three economic development organizations have been awarded a total of $700,000 in matching grants from the Wisconsin Economic Development Corporation (WEDC) to be used to provide seed funding for technology-based startups and early-stage companies. The Milwaukee Development Corporation has received a $500,000 grant under WEDC’s Capital Catalyst Program for the creation of a $1 million […]
University of Michigan, Michigan Tech designated as Innovation Hubs in MEDC’s statewide MTRAC program
Accelerating the creation and transfer of new technologies from research settings to practical real-world applications is the main focus of the innovation hubs at the University of Michigan’s College of Engineering and Michigan Technological University. With the Michigan Strategic Fund (MSF) board’s approval today, the U-M advanced transportation Hub and Michigan Tech’s advanced materials Hub […]
Australian government signs university research and innovation/Tech Transfer agreement with Israel
The Australian and Israeli governments have signed an agreement on bilateral cooperation in technological innovation, research, and development that will allow Australian companies to take advantage of opportunities in Israel’s biotechnology, IT, and R&D sectors. In a statement, recently appointed Minister for Industry, Innovation and Science Arthur Sinodinos said the agreement is “great news” as […]
Enterprise Ireland announces €1m in start-up funding for international entrepreneurs and recent graduates
Two Competitive Start Fund (CSF) competitions worth a total of €1 million in funding from Enterprise Ireland will open for applications to international entrepreneurs and recent graduates on Wednesday, March 8. Up to twenty successful applicants will receive high-level business development support and an investment of up to €50,000 each. The CSF is designed to […]
Welsh government launches £5 million innovation fund
The Innovate to Save fund, which was launched by Welsh finance secretary Mark Drakeford, will allow eligible organisations to apply for both loans and non-repayable funding from the government. The non-repayable funding will be used to help organsiations develop, prototype and test ways of changing service delivery. Those applying for the fund will also get […]
$2.2 million from state will help speed UCI research to commercial market
The University of California, Irvine has received $2.2 million from the state that will be administered through UCI Applied Innovation to help speed research and innovations to commercialization. The funding will underwrite the Bridging Innovation Gaps Initiative at UCI and provide additional support for: The BioENGINE program, which promotes biomedical engineering entrepreneurship by helping graduate […]