Ohio Third Frontier Commission growing technology startups, talent
This month, the Ohio Third Frontier Commission approved $72.7 million in funding that will provide capital to innovative startup companies, advance medical technology and foster young talent through a new High School Tech Internship Pilot Program. “We are investing in technology that will attract private capital from across the state and beyond,” said Lydia Mihalik, […]
Rev1 Ventures Launches $10MM Pre-Seed Fund with The Ohio State University & Ohio Third Frontier
COLUMBUS, Ohio, March 10, 2021 /PRNewswire-PRWeb/ — Today, Rev1 Ventures, the startup studio that combines capital and strategic services to help startups scale and corporates innovate, is launching Future Value Fund I (FVF), a new $10MM for-profit investment fund focused on building the Central Ohio startup ecosystem. The Fund is the company’s most significant pre-seed fund to date and the largest […]
CIT GAP Funds Makes Follow-On Investment in RoundlyX to Help Users Better Manage Digital Asset Portfolios
The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has made a follow-on investment in Richmond, Va.-based RoundlyX, a digital asset wealth management platform. Since its initial GAP Funds investment in May 2020, RoundlyX has expanded its service beyond the United States, with users now able to connect to any European or UK […]
New U.K. funding agency aims to tackle innovative research | Science
The U.K. government has released its plans for emulating the storied high-risk, high-reward U.S. funding agency, the Advanced Research Projects Agency. During the 2019 election campaign, the Conservative government promised to set up such an agency, and Prime Minister Boris Johnson’s former adviser Dominic Cummings pushed for it. Now, it has a name: the Advanced […]
Arch Grants Surpasses $20 Million Milestone In Its Sustained Impact Campaign
Arch Grants announced that it has reached a milestone in its Sustained Impact Campaign by raising $21.5 million in gifts and commitments. The Campaign will allow Arch Grants to scale its model for attracting and retaining entrepreneurs to St. Louis in an effort to drive local and regional economic development for the long-term. While Arch Grants […]
Ben Franklin TechCelerator awards $10,000 in virtual pitch contest
Ben Franklin TechCelerator @ State College awarded three early-stage startup teams parts of a $10,000 prize during their final virtual pitch event. This year’s winners pitched innovative technologies in the medical, augmented reality (AR), and electrical markets to the panel of judges. Dr. Christine Weikert and the NotePro team won the first-place prize of $5,000. NotePro’s patent-pending medical content […]
Binghamton University awarded SUNY Prepare Innovation Grants to pursue COVID-19 research
BINGHAMTON, NY—The State University of New York has awarded grants to three teams at Binghamton University to pursue research projects related to COVID-19 as part of its new Prepare Innovation and Internship Program. “It is a great privilege for our students and faculty to have the opportunity to pursue these projects, which could help protect the […]
Biden Appointees Have A Lot Of Ties To Startup And Venture Spheres – Crunchbase News
As President-elect Joe Biden moves ahead with appointments to key government roles, it’s notable that quite a few of the people selected have ties to the tech, startup and venture capital spheres. That this would be the case with an incoming Democratic administration is not entirely surprising. Venture capitalists and funded startups overwhelmingly carry out business in […]
UNR-based tech accelerator program to expand statewide
The Nevada Governor’s Office of Economic Development announced recently it’s expanding a Northern Nevada-based program “to help technology entrepreneurs earn federal grant funding to support early-stage development of their businesses or innovations” throughout the state. Initially funded through the Federal And State Technology Partnership (FAST) at the University of Nevada, Reno in 2019, the Sierra Accelerator […]
Ohio Third Frontier looking to award $60M in seed funding for tech companies
CLEVELAND, Ohio — The Ohio Third Frontier program is looking to award up to $60 million to organizations that will invest that money in Ohio technology companies in the early stages of commercializing their products or services. Cleveland entrepreneurial growth organization JumpStart Inc. is having conversations “with a handful of institutions, University Hospitals and others” […]