The Florida Institute for the Commercialization of Public Research Funds USF Ovation Diagnostics
The Florida Institute for the Commercialization of Public Research (the Institute) announced today that it has finalized a funding agreement with Ovation Diagnostics, a Boca Raton-based company with technology developed at University of South Florida. The Institute supports new company creation based on publicly-funded research, and bridges early funding gaps for companies spinning out of Florida-based […]
China launches $30 billion state-controlled venture capital fund
China’s state council has approved a 200 billion yuan ($30.19 billion)venture capital fund to invest in innovative technology and industrial upgrading projects, the country’s state assets regulator said on Thursday. China has been encouraging its industrial firms to rise up the value chain through technical innovation and tougher efficiency standards, with the aim of creating […]
726 Applicants to Compete for GA State Start-up Funding
Georgia’s Ministry of Economy and Sustainable Development released the latest information about the State project ‘Start-up Georgia’ which promises to fund the most creative and innovative ideas in business. According to the Ministry, 726 applicants have filed their business ideas to compete for funding. Among these projects 580 are about innovations and 146 relate to […]
Proposed $100 million public-private partnership would seed new Michigan VC funds
The trade group for venture capitalists in Michigan wants to form a $100 million fund to match millions in private capital with public investment. Under the proposal that’s being pushed by the Michigan Venture Capital Association, private investors would put $75 million into a fund to seed new venture capital funds, an amount the state […]
UB CAT awards over $500K to innovative life sciences companies
The University at Buffalo Center for Advanced Biomedical and Bioengineering Technology (UB CAT), a program of UB’s New York State Center of Excellence in Bioinformatics and Life Sciences (CBLS), has awarded more than $500,000 in funding to 16 life sciences companies. Sponsored by the New York State Division of Science, Technology and Innovation (NYSTAR), the […]
Third €100,000 Malta Seed Fund enables start-ups to take off
The Ministry for the Economy, Investment and Small Business today handed out funds at this year’s €100,000 Seed Fund Award during a ceremony which was presided over by the Rector of the University of Malta, Prof. Alfred J. Vella. This year’s €100,000 TAKEOFF Seed Fund Award will benefit 9 researchers and entrepreneurs to help them […]
Indiana to propose $1B plan to boost innovation, entrepreneurship
Indiana Gov. Mike Pence on Thursday is scheduled to announce a plan to spend $1 billion over the next 10 years to boost innovation and entrepreneurship in the state. The plan centers on collaboration between government, research universities, communities and the private sector. Pence was set to publicly unveil the multi-pronged proposal at the eighth […]
New $256M European institute to fund research and innovation
An initial sum of €240 million (US$265 million) will be made available to a newly created national institute that will fund research and innovation in Greece, and will support government efforts to pull the country out of prolonged recession and create new jobs. The aim of the Research and Innovation Institute will also be to […]
Luxembourg to Set up a Seed Fund for Innovative Start-up Companies for U Luxembourg
The Luxembourg Government launched jointly with a group of private investors a seed fund to support the financing and the development of start-ups up to seven years of age which are operating within the national digital economy field. This move is a further step in increasing Luxembourg’s visibility as a hub for launching new innovative […]
NSF Awards $225,000 to U of Arkansas-Affiliated Technology Company
The National Science Foundation has awarded $225,000 to start-up company SurfTec LLC to commercialize its patent-pending technology invented at the University of Arkansas. SurfTec, a U of A-affiliated company at the Arkansas Research and Technology Park, will use the grant to investigate the feasibility of a novel approach that significantly improves wear resistance of polytetrafluoroethylene […]