Indiana University’s Anagin is Spinning Up Success
Anagin, a company launched by two Indiana University scientists to develop a first-of-its-kind treatment to battle post-traumatic stress disorder, emerged from six finalists Tuesday to win the third annual BioCrossroads New Venture Competition. The contest, held in conjunction with the 2014 Indiana Life Sciences Summit at the JW Marriott hotel in Indianapolis, awards a $25,000 […]
NC State’s Chancellors Innovation Fund Has Backed 23 Projects, Secured $4.2M in Follow-on Funding
In four years, 23 projects have earned funding from the CIF. The $1.3 million invested in them has generated $4.2 million in follow-on funding and $460,000 in licensing revenue for the university, as well as launching six startup companies. Each year, roughly 75 faculty members file CIF proposals. After initial screening, finalists pitch their technology development […]
University of Iowa start-up VIDA attracts $2.5M in funding
A Coralville-based medical software start-up born out of the University of Iowa has attracted $2.5 million in funding. Vida Diagnostics said Wednesday that it has received $2 million in funding from Next Level Ventures, a Des Moines venture capital firm created to invest in Iowa companies. That investment comes on top of a $500,000 loan […]
CIT releases annual report on research commercialization in Virginia
The Center for Innovative Technology (CIT) announced this week the release of the Commonwealth Research Commercialization Fund (CRCF) annual report for FY2014, showing growth in new patents, products and innovative companies. Karen Jackson, Virginia’s Secretary of Technology, said, “CRCF plays an important role in the acceleration of innovation in the Commonwealth by funding essential research and commercialization […]
Top Entrepreneurial Colleges Press Release-Princeton Review
From more than 2,000 schools that The Princeton Review surveyed in 2014 for this project, Babson College in Massachusetts earned the #1 spot on the undergraduate entrepreneurship programs ranking list: it has been #1 on this list for three consecutive years. Harvard University finished #1 on the graduate entrepreneurship programs list—up from #3 in 2013. […]
Startup secures $4.6 million; cites University resources
Seed money, expert advice, business contacts and other services from the University of Chicago helped PhysIQ (formerly known as VGBio) launch a service that it expects will improve patient care and reduce health care expenditures nationwide.
NZVIF’s $5.4M seed fund investment too early to predict returns
The government-backed New Zealand Venture Investment Fund says it’s still too early to judge the performance of the Seed Co-Investment Fund, which backs early-stage firms alongside angel investors.
Framing the Expectations of Tech and Start-up Gap Funding
From my experience, the framing of expectations to sponsoring leadership and stakeholders is the single most important action in the successful launch and sustainability of any tech or start-up gap funding program. This is especially important if any source of the funds is derived from public dollars. We have seen the following story transpire too […]
Wolverine Venture Fund sees return from $200K investment in IBM-acquired, Silverpop
The Wolverine Venture Fund, an investment vehicle run by students at the University of Michigan, is celebrating a win now that it has recorded its fourth profitable exit with the IBM’s acquisition ofSilverpop.
Tech and Start-up Gap Funding Q3 2013 report released
Gap funding at universities is a direct response to the capital gap formed by fleeting sources of traditional technology and start-up development capital. These funds are active at over 100 universities and supplement important stages innovation evaluation and commercialization. They have demonstrated impact in commercialization rates, return on investment, attraction of third-party investors, and economic […]