Université de Sherbrooke receives $33.5M from the Canada First Research Excellence Fund
Université de Sherbrooke today launched an ambitious project which reaffirms its position as a world leader in large research partnerships. A project that will undoubtedly be one of the great industrial revolutions of the 21st Century: From Quantum Science to Quantum Technologies. To propel this initiative, the Government of Canada has awarded a remarkable investment […]
Kentucky Grants $800,000 in State Income Tax Credits to Accelerator
The Kentucky Economic Development Finance Authority today granted to UpTech Fund II, LLC $800,000 in state income tax credits, pursuant to the Kentucky Investment Fund Act. UpTech Fund II, the pre-seed fund connected with the UpTech, Inc. accelerator program in Covington, is in the process of raising a $2,000,000 fund to make investments in the […]
TEDCO reaches ‘dramatic crossroads,’ taking on 5 times more venture responsibility
Maryland Technology Development Corp.’s new board chair, Newt Fowler, is stepping in as the investment agency’s responsibility grows five-fold. TEDCO this year will take over disparate investment programs from Maryland’s Department of Business and Economic Development, most notably the state’s Maryland Venture Fund. All told, the shift will put an additional $100 million under TEDCO’s […]
TEDCO program lets startups borrow veteran executives – Baltimore Sun
Plenty of small businesses seek out bank loans. But now Maryland startups can borrow an executive. A new program is lending young companies some human capital to help advance their businesses. The Maryland Technology Development Corp., better known as TEDCO, has provided a half-dozen companies with experienced executives as often as two days a week […]
CIT GAP Fund Invests In Type Zero Tech, Diabetes Software solution
Virginia’s Center For Innovative Technology (CIT), the nonprofit corporation which receives state funding to drive innovation and entrepreneurship in Virginia, has invested via its CIT GAP Fund in Charlottesville, Va.-based TypeZero Technologies. TypeZero is a health-tech startup that specializes in developing tech to manage and treat Type 1 and Type 2 diabetes. While financial details of […]
Seven projects could receive $200K in funding through U Wisconsin’s Ideadvance Seed Fund
The Ideadvance Seed Fund, aimed at helping more people on University of Wisconsin campuses commercialize their ideas, has identified seven projects that could receive a total of as much as $200,000. Sleep Environment Innovations LLC, a company that came out of the University of Wisconsin-Milwaukee, qualified for stage two funding of as much as $50,000, […]
Alabama Innovation Fund has $4.5M to award grants for technology growth
The Alabama Innovation Fund has $4.5 million to support programs that seek to leverage research performed by the state’s universities and other institutions to generate new ventures, create jobs and spur additional economic development opportunities. Created in 2012 as part of the “Accelerate Alabama” strategic growth plan, the Alabama Innovation Fund awards grants to bolster […]
Oregon BEST Funds New Polymer Aimed at Ag’s Water Woes
As the California drought drags on and moves north in the Pacific Northwest, Oregon BEST is helping fund research for a Portland startup that has developed a biodegradable superabsorbent polymer (SAP) for agricultural applications that can soak up 300 times its weight in water, then release the moisture back into the soil near plant roots […]
$2.9M in WA Life Sciences Discovery Fund (LSDF) grants announced
Celiac disease-safe wheat, premature infant pain detection, and new medicines to fight flu and cancer are among the ideas to receive $2.9 million in funding from Washington’s Life Sciences Discovery Fund (LSDF). The 10 new commercialization awards are part of LSDF’s $100 million portfolio, which features an impressive 7-to-1 ROI statewide—including $510 million in new […]
TEDCO hoping slight changes translate to big boost in investment for local startups
There are a couple of common analogies for startups wooing potential investors, said entrepreneur Brian Razzaque — it’s like herding cats, or getting one lemming to lead the others. Most investors are wary of bankrolling an unproven company without someone else’s seal of approval. That’s why the backing of the Maryland Technology Development Corp. was […]