Defence innovation fund launched at Strathclyde
An innovation fund aimed at boosting developments in data-driven decision-making technologies has been launched at the University of Strathclyde. Minister for Defence Procurement Harriett Baldwin announced the £3 million Defence and Security Accelerator competition at the inaugural Maritime Enterprise Innovation Scotland Conference, in the University’s Technology & Innovation Centre. Ms Baldwin said: The Defence Innovation […]
New $10M fund aims to aid Wisconsin startups
Northeastern Wisconsin’s nascent startup culture will get a much-needed boost next year. A $10 million boost, to be more specific. Maybe more. The Winnebago Seed Fund wants to raise at least that much money to invest in 10 to 14 startup companies over the next four years beginning in 2017, fund manager David Trotter said. […]
How Canada can provide a powerful spark for innovation through an SBIR-like program
“Government is a big buyer with many complex challenges. Entrepreneurs with innovative solutions to these problems should have a shot at solving them, don’t you think?” This was a question asked this fall by federal Minister of Small Business and Tourism Bardish Chagger in a speech she gave to celebrate Small Business Week in Ottawa. […]
Center for Innovative Technology (CIT) releases 2016 annual report on research commercialization and funding
The Center for Innovative Technology announced the release of the Commonwealth Research Commercialization Fund annual report for FY2016, which tracks the Fund’s investments in high-potential initiatives throughout Virginia. Outcomes reported in FY2016 by Fund awardees identify early returns on the Commonwealth’s investments. The CRCF was created by the Virginia General Assembly to accelerate innovation and […]
State Investing to Make Connecticut More Attractive to Tech Startups
ROCKY HILL _ The state’s venture capital fund, prodded by investors suggesting a new direction, is scouting for high-tech funds where it can invest public money to broaden its network of technology-based startups. Connecticut Innovations, which invests in startup bioscience, medical equipment and other high-tech companies, is responding to entrepreneurs, investors and others urging a […]
Launch of Alberta Transplant Innovation Fund to Accelerate Transplant Research and Innovation
The University Hospital Foundation, Alberta Economic Development and Trade and Astellas Pharma Canada, Inc. (Astellas) today announced a new research and innovation partnership that will have a direct and tangible impact on some of the most vulnerable Albertans – those waiting for organ transplantation. The three organizations have partnered to establish the $1.2 million dollars […]
New Mexico state pumps $40M into venture investments from tax fund
The New Mexico State Investment Council unanimously approved another $40 million from the Severance Tax Permanent Fund Tuesday for venture investments in local startup companies. The money will help replenish the SIC’s Co-Investment Fund, which makes direct investments in startups in partnership with venture capital firms. The new money raises SIC cash commitments to the […]
How $100B of ‘Free Money’ Could Transform Tech
Oil is so last century. With oversupply and lagging demand holding down the price per barrel, even Saudi Arabia, one of the world’s largest producers of petroleum, is moving away from its dependence on crude. The Saudi government recently struck a partnership with the Japanese telecom giant SoftBank to create a massive capital fund that […]
GO-EDC launches fund for start-up companies
The Greater Oshkosh Economic Development Corporation has launched a fund to help entrepreneurs get their business ideas off the ground in the Oshkosh area. GO-EDC this week announced its recently minted Greater Oshkosh Capital Catalyst Fund is now accepting applications for funding. The $250,000 fund was formed with $125,000 from the City of Oshkosh and […]
3 initiatives, $3M for startups: MEDC seeks to boost access to early-stage capital
A trio of initiatives from the Michigan Economic Development Corp. aims to increase the flow of capital to startups and early-stage companies in the state. By the end of the year, two separate but similar funds of $1 million and $2 million each could begin offering grants to university researchers and entrepreneurs seeking to validate innovations […]