$24.9M New Zealand Start-up fund recipients announced
Start-up fund recipients announced Science and Innovation Minister Steven Joyce today announced the successful recipients of the 2016 PreSeed Accelerator Fund. “This fund supports the commercialisation of publicly funded research technologies to the point where new companies can be formed or the technology licensed or sold to existing businesses,” Mr Joyce says. “The successful applicants […]
Sacramento devotes $10 million to high-tech firms, but plan faces risks
When the City Council approved a $10 million fund for high-tech investments last month, Sacramento joined a handful of municipalities across the country hoping to buy their way into the economy of the future with public money. Philadelphia, Portland, Ore., – and now Sacramento – don’t expect to turn themselves into the next Silicon Valley. […]
Alaska Launches Tech Accelerator Fund
“Diversify the economy” is Alaska’s rallying cry as oil production and prices sink. First of its kind Alaska tech accelerator Launch: Alaska wants to put the idea into action with the hot-ticket item of booming Lower 48 metro areas. The program combines Anchorage municipal goals to draw more diverse businesses into the city with private […]
$ 2B University of Virginia Funding to Propel Strategic Investments in Academic, Research and Health Care Excellence
The University of Virginia today announced the history of the strategic fund that will provide transformational investments in the quality of a UVA education, of its research and of its health care services without relying on tuition or tax dollars. Authorized by the Board of Visitors in February, the Strategic Investment Fund, currently valued at […]
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 […]
Chinese Tsinghua to Start R&D Fund, 1,000 Incubators in Innovation Push
Tsinghua Holdings will invest no less than 50 billion yuan ($7.6 billion) in research over five years and set up a fund to help commercialize scientific discoveries, Chairman Xu Jinghong said in an interview. The company, a state-owned enterprise that was founded in 2003 by Chinese president Xi Jinping’s alma mater, Tsinghua University, kicked off two […]
State-backed German startup investment vehicle plans new €300M fund
High-Tech Gründerfonds (HTGF), a seed investor backed by the German government, has revealed plans to raise €300 million ($341 million) for its third fund. The money is intended to enable HTGF to continue the startup-backing remit that has already seen it help 440 companies get off the ground. Life sciences is one of several fields […]
Maryland State university system plans to create $25 million investment fund for start-ups
The University System of Maryland plans to establish a $25 million fund to invest in startup companies created by students, faculty and recent graduates. The system, which includes 12 of the state’s public institutions, would invest $10 million in the Early Stage Investment Fund over four years. Another $15 million would come from the state, […]
9 companies join Portland Seed Fund portfolio
The eighth class of the Portland Seed Fund will take the stage Wednesday afternoon before 100 investors in downtown Portland, completing the latest cycle of the accelerator. This class of companies ranges from health care technology to food to sharing platforms. There are also three startups outside of the fund’s traditional Portland metro. The companies […]
Sacramento’s Innovation Fund Will Invest in Local Start-ups
The city of Sacramento will invest in local companies and start a grant program as part of a multimillion-dollar plan to bolster the community’s innovation economy, Mayor Kevin Johnson said Saturday morning. The city is going to invest $1 million in local companies this year, Johnson said. Selections will come from proposals submitted to a […]