Can An Investment Fund Make Minnesota A Medtech Mecca?
If Minnesota really wants to realize its long-held dream of becoming a national hub for medtech and biotech research and to benefit from the high-paying jobs that could spawn, it needs a well-funded, long-range commitment from the state — and what better time to do that than with a $900 million budget surplus in hand? […]
Innovators & Entrepreneurs: Seed fund plants success in Oklahoma
Black Mesa in the Panhandle is the highest and driest place in Oklahoma. Black Mesa used to be considered a no-man’s land. Paleontologists went there to look for dinosaur bones. It’s the harshest, coldest place in the state. And yet, the flora and fauna reported in the Black Mesa are unique — some of these […]
Arrowhead innovation fund preps to distribute
A lot more seed and early-stage capital could begin flowing into fledgling startups at New Mexico State University this summer thanks to a new innovation fund being set up by NMSU’s Arrowhead Center Inc. Arrowhead, which manages all of the university’s technology transfer and commercialization programs, announced its intent last year to establish a $2 […]
University of Massachusetts announces $215,000 in Tech Development Awards
President Marty Meehan today announced $215,000 in funding for a program that over the past 13 years has seen UMass invest $2,355,000 in faculty R&D projects, leading to $15 million in follow-on investment, generating numerous commercial licenses and patents and resulting in startup companies locating in Massachusetts. “With these awards, we are investing in today […]
Charlotte Regional Fund for Entrepreneurship Releases Its First Comprehensive Entrepreneurial Growth Report Tracking the Impact of Innovation
The Charlotte Regional Fund for Entrepreneurship (CRFE) recently released the “The Impact of Innovation: Charlotte Entrepreneur Growth Report,” the first in-depth study of the state of entrepreneurship and innovation in the market — and Charlotte’s position in comparison to competitive cities. ThisGrowth Report is representative of the initiatives that the CFRE, along with other stakeholders […]
The Secret to Spreading the Startup Wealth in Emerging Global Markets
A lot of investors say that they’ll back great ideas anywhere. But in most markets, building impactful businesses is a “chicken and egg” situation—investors say there are no good deals, and entrepreneurs say there’s no capital. This is the “Pioneer Gap,” the period when entrepreneurs are the most vulnerable—you’ve taken the plunge, but haven’t raised […]
UNICEF Is Launching A Venture Fund For Open-Source Civic Technology
From unmanned aerial vehicles to 3-D printing, new technology has a lot of potential to “flatten” the world and spread social good. And now, by launching its first venture capital-type fund for civic technology, the United Nations wants to accelerate the development of those ideas. UNICEF recently announced a $9 million fund with the aim […]
Maryland TEDCO’s $1 billion economic impact could be bigger
The Maryland Technology Development Corp. contributed $1 billion to the state’s economy and created more than 4,000 jobs in 2015, according to a new study. In a December report, nonprofit research firm Battelle described TEDCO’s economic impact as a significant and growing contribution to Maryland’s economy, but also pointed to room for improvement. TEDCO lags […]
CIT sets Charlottesville area up as fastest growing for startup investment in U.S.
The Charlottesville area has been the country’s fastest-growing market for venture capital investment since 2010, according to a national report. The number of companies receiving venture capital funding, according to a report from the National Venture Capital Association, increased roughly 55 percent annually from 2010 to 2015, the highest growth rate of any market in […]
Department of Commerce Announces $10 Million in Innovation Grants
Last August, the Department of Commerce announced it would be giving out $10 million in funding through its i6 Challenge program and Seed Fund Support Grants. Today, it unveiled the 25 awardees through the two programs — both part of the Economic Development Administration’s Regional Innovation Strategies — designed to advance innovation and capacity-building activities in regions […]