MTRAC, MTU announce funding for project addressing human, environmental health issues
The Michigan Translational Research and Commercialization (MTRAC) Advanced Applied Materials Innovation Hub at Michigan Technological University recently awarded a combined $165,000 in funding to three projects from researchers across the state. These projects — led by researchers at Michigan Tech and Michigan State University — strive to address crucial global issues such as metal 3D printing of […]
UConn Innovation Fund Invests in Two More University Startups
The University of Connecticut, in partnership with Connecticut Innovations (CI), and Webster Bank, today announced that two more early-stage companies have been awarded early-stage funding from the $2.25 million UConn Innovation Fund. Both companies are also part of UConn’s Technology Incubation Program (TIP) in Farmington. The state-of-the-art facility on the UConn Health campus provides lab and office space, […]
NIH funding, in tandem with U Arkansas, supports research on first therapeutic drug to regenerate heart tissue
With funding from the National Institutes of Health, University of Arkansas researchers hope to develop the first therapeutic drug that can regenerate heart tissue. The lesion-seeking biological drug, released through stent placement, could treat coronary blockages and prevent heart failure. Currently, there are no viable therapeutics available on the market that can promote regeneration of […]
Wayne State MTRAC-funded project uses computer-assisted technology to mitigate surgical bleeding
Intraoperative hemorrhage — colloquially known as “bleeding out” — is a leading cause of death in operating rooms around the world. It is estimated that at least 75% of this surgical complication is due to human or technical factors in anesthesia, blood transfusions or the surgical procedure itself. Other causes may include structural anomalies, drug-related […]
University of Michigan to receive up to $130M to commercialize drug discovery
ANN ARBOR – The University of Michigan and health care investment firm Deerfield Management Co. announced Wednesday a new partnership with the aim of developing life-saving drugs and disease treatments. Deerfield has committed up to $130 million over the next decade in biomedical research at U-M. The collaboration includes the launch of Great Lakes Discoveries LLC, […]
Auburn University awarded $1.31 million in research project funds from state
Three Auburn University research projects have received a combined $1.31 million award, through a new program administered by the Alabama Department of Economic and Community Affairs, or ADECA. Gov. Kay Ivey announced the grants this week through the new Alabama Research and Development Enhancement Fund. The state-funded program was created in 2019 under the Alabama […]
U Buffalo spinoff Ferric Contrast wins $750,000 in federal R&D funding
Ferric Contrast Inc., a University at Buffalo spinoff, has received $750,000 from the National Science Foundation (NSF) to develop iron-based contrast agents for magnetic resonance imaging (MRI). Contrast agents are substances that are used in the body to help obtain better quality of images of organs, tumors and other biological structures. The compounds that Ferric […]
Michigan adds $950K funding for university tech commercialization
The state of Michigan has approved $950,000 in funding for commercialization of technologies developed at the public university level. In a series of the votes Tuesday, the board of the Michigan Strategic Fund approved the funds for the Michigan Translational Research and Commercialization, or MTRAC, state program grant. The funds will go to programs at Michigan State […]
New U Arkansas Fund Provides More Than $1.3 Million for Research Commercialization
The Chancellor’s Commercialization Fund has provided more than $1.3 million in funding to University of Arkansas researchers seeking to bring new technologies to the marketplace. Established in March 2019, the fund has awarded 33 grants ranging anywhere from $5,000 to $50,000. The fund prioritizes aggressive teams with mature projects who are “progressing technologies toward real-world […]
TEDCO’s Seed Fund made two new investments in local startups
Following a few months of organizational uncertainty — and despite an ongoing global crisis — Maryland Technology Development Corporation (TEDCO)’s Seed Fund is back to making investments in local startups. Bethesda, Maryland’s NewConnect and Baltimore’s BullFrog AI each received a $200,000 investment from the Columbia, Maryland-based fund last month. Launched in 2013, NewConnect provides high-speed internet access to commercial buildings and enterprises […]