Category: New Investments/Awards

U Chicago Innovation Fund supports POC study for a predictive healthcare approach

This study demonstrated the usefulness and accuracy of VG-Bio’s system and helped the company in December 2011 to win a $75,000 grant from the University of Chicago’s Innovation Fund, which is administered by UChicagoTech. The grant is funding a larger proof-of-concept study that will help VG-Bio continue raising venture capital and move its product further […]

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 […]

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 City Science Center POC program funds handheld breast cancer diagnostic technology

A breast cancer diagnostic startup that uses fingertip sensors to detect tumors has received a research grant of more than $878,000 to advance its handheld diagnostic device. UE Lifesciences’ “Intelligent Breast Exam” can distinguish between normal breast tissue and a tumor. Breast cancers are stiffer and less mobile than the surrounding tissue, according to a paper documenting […]

University of Illinois at Chicago Proof of Concept Gap Funding Awards Announced

A total of 80 highly innovative and commercially focused projects from all across the UIC Campus were submitted to the OTM in response to the call for POC Pre-Proposal applications. From the 80 projects submitted, 12 projects were chosen to advance to the Full Proposal stage of the initiative and 4 projects were chosen to […]