Creative Australian government matching schemes are set to target proof of concept and seed stage
NEW dollar-for-dollar schemes backed by the federal government are needed to stop the miscarriage of promising research due to a lack of commercialisation funding. The boost is needed to encourage universities and medical institutes to set aside discretionary funds for crucial early stage proof-of-concept work once Australian Research Council and National Health and Medical Research […]
Sen. Gillibrand gets it, highlights proposed AIA Innovation Bank and proof of concept funds
UDATE: VESTAL, N.Y. — Researchers at Binghamton University are working on developments in areas such as solar energy. But they don’t always have the resources they need to take their ideas to the next level. “They might not be ready to get venture capital, but are beyond the point where they can be funded by […]
Alabama Innovation Fund supports four U Alabama Research Projects
Four University of Alabama research projects were among 15 such projects at state universities that have received a total of $4 million in grants from the Alabama Innovation Fund. Gov. Robert Bentley announced the grants Wednesday at the state’s Innovation and Entrepreneurship Conference in Hoover, saying the ongoing research and innovation will help create jobs […]
i2E scores a win for state in Oklahoma, leverages $23M in additional capital
We had the opportunity to showcase innovation 2 Enterprise in a web-workshop earlier this year, a Oklahoma state supported POC/seed stage accelerator/investor. They recently reported a major success in leverging $23 M for Selexys Pharma and MPM Capital to sickle cell and Crohn’s drugs. Pending a successful trial there could be a payout of nearly […]
Utah’s Tech Commercialization and Innovation Program invests $600K in 15 more projects
Fifteen promising innovative technologies just got a $40,000 boost. For the first round of the new fiscal year, the Utah Governor’s Office of Economic Development (GOED) approved $600,000 of grants in support of new technology and research that universities and university licensees are seeking to take to market. The grants are designed to help build […]
Obama administration announces its i6 challenge proof of concept center recipients
Undoubtedly from the recommendations from the National Advisory Council on Innovation and Entrepreneurship (NACIE), and other works directed at the promise of proof of concept centers like the IMPACT paper, “The i6 Challenge is a multi-agency grant that encourages and rewards innovative, groundbreaking ideas that accelerate technology commercialization, new venture formation, job creation, and economic growth across the […]
Portland Seed Fund touts third round of start-ups, raising a second fund
Portland Seed Fund Funding: $3 million from private and public sources, including $800,000 from the city of Portland, $250,000 from Hillsboro and $500,000 from the Oregon Growth Account (funded by state lottery dollars). The plan: Seed two dozen companies over two years with initial funding of $25,000 apiece. Follow up with additional funding for the […]
European Research Council funds 33 new proof of concept projects
The European Research Council (ERC) will release a new round of proof of concept grants to 33 research projects. Each project will receive EUR 150,000 that is put towards commercial translation such as IP dilligence, market research, and commercial validations. There was a yield rate, or projects funded vs proposed, in this round of 44%. […]
U of New Hampshire awards innovation grant to coating company
The Innovation Research Center at the University of New Hampshire has awarded a Granite State Technology Innovation Grant to ArgenTech Solutions, Inc. (AgTS) to help develop a high-performance, photoluminescent powder coating additive suitable for advanced safety and military applications.
University of Iowa Research Foundation increases proof of concept capabilities
Before this year, the foundation had been able to finance the proof of concept research through the state’s Grow Iowa Values Fund (GIVF). Last year, the foundation doled out $525 thousand in grants, with each grant ranging from $10,000 to $50,000. But this year, foundation officials were not sure if they would receive funding from […]