IP Shakti adds a CEO in Residence program to support seed fund for biomedical and life science innovations
PRINCETON, N.J., March 21, 2013 /PRNewswire/ – IP Shakti (www.ipshakti.com) has now launched a CEO-In-Residence (CIR) program with their existing gap fund and technology portfolio. “Management, Funding and Technology form the 3-legged stool a start-up company needs to bring a technology to the marketplace. Many Universities have the technology, and perhaps the management through an entrepreneurship program, […]
University of Illinois-Urbana Champaign details proof of concept initiatives, recent recipients
There is a well-known funding gap between basic laboratory research and the resulting commercial products. Proof of Concept (POC) funding has proven to be a crucial element in bridging this so called “valley of death” between research and development. The goal of POC funding is to “de-risk” an invention such that the technology is more attractive for […]
An entire story about BioPharma corporate R&D gap funds (with no mention of universities)
I couldn’t believe it either. A really good article released from GEN (Genetic Engineering and Biotechnology News) underscores an emerging trend in pharma pre-seed gap funding investment in R&D as an answer to a retraction of early stage VC from biotech and pharma sectors. One issue, how can you have a conversation about “Drugs” +”R&D”+”external partnerships” […]
Purdue on tech transfer success, gap funding
Purdue University is facilitating and encouraging startup creation through several investment funds, engagement with surrounding communities and investors, and one of the largest university-affiliated incubation parks in the country, which comprises more than 200 companies across Indiana and has provided about $22 million for sponsored research at the university since 1999.“We have several initiatives designed […]
Virginia Tech Knowledge Works awards $100K worth of mentorship and business development support
The Tech Transfer Challenge Prize provides $100,000 worth of mentorship and business support services to a group of Virginia Tech faculty, staff, students and/or alumni proposing to establish a business in Blacksburg, based on Virginia Tech-owned technology.
Northeastern University student-led accelerator fund grows its funding
Student-run venture accelerator IDEA has added another pitch round over the summer, and more funding to its program. Created by a group of students at Northeastern University, IDEA will now offer another opportunity for current undergraduate and graduate students and alumni to bring their ventures out of the dorm room and in front of investors.
University of Rochester Medical Center uses external perspectives and experiences to build a community of entrepreneurial faculty
The University of Rochester-Medical Center, through its tech transfer and commercialization objectives, has a comprehensive strategy to both educate and engage key faculty, leadership, and stakeholders on campus. The CLASP elective course for faculty is great example of one initiative. http://www.urmc.rochester.edu/ctsi/news-events/Technology_Transfer_Elective.cfm An important distinction is their incorporation of leaders from other institutions into the process, […]
New Mexico State University funds its first two launch projects
LAS CRUCES – A new program at New Mexico State University’s Arrowhead Center that aims to take near-to-market technologies being developed on campus and help speed their way to the public has picked its first projects to fund.