Florida Institute Funds carbon capture technology
The Florida Institute for the Commercialization of Public Research (the Florida Institute) announced today that it has finalized a funding agreement with Partnering in Innovation, Inc. (Pi-Innovation), an Orlando-based company with technology developed at NASA Kennedy Space Center. The Florida Institute supports new company creation based on publicly-funded research, and bridges early funding gaps for […]
Edinburgh University DEM software tech spin-out to launch off £450,000 in investment
Particle Analytics has developed intelligent software that allows organisations across a range of industries to simulate the movement of bulk solids and particles in a more advanced, efficient and cost effective way. The technology aims to enhance the efficiency of conventional Discrete Element Modelling (DEM) software reducing the time needed for simulations from days to […]
Third Rock Ventures Raises $616 Million Fund IV for healthcare tech
Third Rock Ventures, LLC announced today the closing of Third Rock Ventures IV, LP (“Fund IV”), raising $616 million in an oversubscribed fund. With Fund IV, the firm will continue to execute on its strategy of creating innovative healthcare companies to make a meaningful difference in the lives of patients and their families. Since launching […]
MIT starts $25M venture fund
[fusion_text]The Massachusetts Institute of Technology has spawned a dazzling array of innovations in its 155-year history, from disposable razors to wind tunnels to radar. Now, the university wants to open up its checkbook to turn the next generation of big ideas into businesses. On Wednesday, the school said it was raising $150 million for a […]
UC Riverside launches innovation center, seed fund for entrepreneurs
A new University of California, Riverside-driven effort launching Wednesday will help turn Inland Empire entrepreneurs’ and innovators’ ideas into reality. The Entrepreneurial Proof of Concept and Innovation Center, or Riverside EPIC, will be a launch pad for entrepreneurs and startup companies, providing resources for training, mentors and connections to investors and partners. The official kickoff is 3 […]
Wayne State U MTRAC awards spur biomedical innovation
Five Wayne State University research teams were recently awarded funding from Wayne State’s Michigan Translational Research and Commercialization (MTRAC) program. The goal is to accelerate the translation and commercialization of their innovative biomedical technologies by providing the resources to validate technical and market opportunities. The MTRAC program is supported by a $1.07 million award from […]
Start your university POC or startup fund on the road to success [Hint: It’s a Team Meeting]
During our decade of experience in tracking university-affiliated translational research, proof of concept, and startup gap funding programs, we have received hundreds of calls from current and aspiring fund managers at research institutions that are seeking the common route to launch successful programs. It’s not locking yourself or assigning one of your team members to […]
Enterprise Ireland gets a new €200k start-up Competitive Feasibility Fund
A new €200,000 Enterprise Ireland Competitive Feasibility Fund for entrepreneurs and early-stage start-up companies in the Cork region has been launched. The fund, which is a key measure of the Government’s Action Plan for Jobs, is aimed at stimulating businesses by providing up to €25,000 in funding to each successful applicant. The fund is open […]
University at Buffalo Seed Fund for Innovative Research Supports Faculty in 6 Departments
Eight faculty members from the Jacobs School of Medicine and Biomedical Sciences are conducting research supported by the Innovative Micro-Programs Accelerating Collaboration in Themes (IMPACT) program. “The IMPACT program supports cutting-edge research throughout the university, not just one particular discipline. We’re focused on projects that are new and innovative.” Kenneth M. Tramposch, PhD Senior associate vice […]
Rhode Island is boosting innovation grants to $1.5M
Gov. Gina M. Raimondo opened the second round of the state’s Innovation Voucher Program last week, soliciting applications from Rhode Island companies with fewer than 500 employees to apply for grants of up to $50,000 to fund research and development. About $1.5 million in funding is available in the 2016-17 fiscal year, the second year […]