Innovation Needs to be a Central Focus of the Federal Budget
As American manufacturing continues its slow recovery from the Great Recession, improved competitiveness and innovation need to remain strong federal priorities. It’s therefore heartening to note that the President’s FY 2016 budget request illustrates the administration’s belief in the power of public/private research partnerships to restore American industry’s competitive edge in advanced industries.The budget contains […]
EC launches €200m fast-track innovation fund to tackle R&D’s “valley of death”
A €200 million pilot funding stream has been launched by the European Commission for projects that are in the late stages of development and close to being launched on the market.The ‘Fast Track to Innovation Pilot’ FTI scheme is aimed at business-driven projects and is open to proposals in any area of technology or application, […]
SBA promotes innovation and technology with national road tour
The U.S. Small Business Administration (SBA) will launch an 18 state road tour, joined by 11 fellow federal agencies in the SBA’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The SBIR Road Tour “Seeding America’s Future Innovations,” is a nationally focused outreach initiative targeting advanced technology communities, including women-owned and […]
2 OSU inventions get $150K from Ohio Third Frontier Commission
The Ohio Third Frontier Commission awarded a combined $150,000 Thursday toward prototypes and market testing for two Ohio State University inventions. The grants come from the Technology Validation and Start-Up Fund, which is targeted for bringing technology to commercialization from Ohio colleges, universities and nonprofit research institutions. SightFourAll Inc., a Columbus company founded in September, […]
Four local University of Wisconsin tech startups awarded second round of state grants
Four local startups founded by students and University of Wisconsin faculty are getting a second round of state grants to advance their new business models. The four are among nine UW system startups that are sharing $325,000 in grant awarded through the Ideadvance Seed Fund program. That $2 million program is run by the Wisconsin […]
CIT GAP Fund invests in Ostendio to help healthtech companies with HIPAA
The Center for Innovative Technology GAP Fund has invested an undisclosed amount in Ostendio, a DC-based company that developed a software-as-a-service offering aimed at helping health IT companies better achieve and prove HIPAA compliance. CIT GAP Fund, a group of seed and early-stage investment funds, invests in Virginia-based technology, life science, and cleantech startups. Ostendio was founded by former […]
Belarus, Russia to set up venture capital fund in 2015
MINSK, 21 January (BelTA) – The Belarus-Russia venture capital fund is to be established in 2015, Chairman of the Belarusian State Science and Technology Committee Alexander Shumilin said at a press conference dedicated to the Day of Belarusian Science on 21 January, BelTA has learned. “We are in talks with a Russian venture capital company […]
SBA seeks investment fund managers for Early Stage Capital program
DENVER – The U.S. Small Business Administration is inviting experienced early stage investment fund managers to apply for licensing as part of SBA’s Early Stage Small Business Investment Company (SBIC) program. Licensed Early Stage SBICs may receive SBA-guaranteed debenture leverage up to a maximum of $50 million. “Our Early Stage SBIC program offers fund managers […]
Who benefits from NY $50M Venture Fund?
Empire State Development officials said a $50 million state venture capital fund will stimulate private venture capital among startups that lack funding, primarily in upstate New York. “Upstate [New York] is a priority and historically has been underserved as compared to New York City where there’s so much investment in digital media,” said Steve Cohen, […]
Fund helps startups find foreign investors
Companies trying to move from the research stage to getting a product to market face a number of challenges, including finding financing for the product or service. Western Canadian research parks, including Innovation Place in Saskatoon, are getting a boost at finding foreign direct investment in their research through a $125,000 fund by the Western […]