Bridging the gap: University of Texas Medical Branch technology commercialization program funds four promising technologies
UTMB researchers are making invaluable discoveries. However, how do the researchers get their breakthroughs out of the laboratory and into the marketplace? One of UTMB’s goals is to support its researchers and promote technology transfer and commercialization of their research discoveries. Under the direction of Dr. David L. Callender, president of UTMB, the Office of […]
Three Northeastern researchers are named Innovation Commercialization Seed Fund Winners
Massachusetts Technology Transfer Center (MTTC) has granted $360,000 to nine innovative projects across the Commonwealth. This program is funded by the Commonwealth of Massachusetts and provides grants to university researchers to help them demonstrate the commercial viability of their technologies. Three of the Nine Organizations and researchers each receiving $40,000 in funding under the MA […]
Department of Commerce Announces $10 Million in Innovation Grants
Last August, the Department of Commerce announced it would be giving out $10 million in funding through its i6 Challenge program and Seed Fund Support Grants. Today, it unveiled the 25 awardees through the two programs — both part of the Economic Development Administration’s Regional Innovation Strategies — designed to advance innovation and capacity-building activities in regions […]
Leeds scientists receive £100,000 grant to fund research into blood clots
Scientists at Leeds University have been awarded more than £100,000 by the British Heart Foundation to fund research into how to prevent life-threatening blood clots from forming.Each year in the Yorkshire and Humber region around 10,000 people die after suffering from a heart attack or stroke, often caused by a blood clot forming in the […]
3 UK Universities,GSK, Astra, J&J link on $82M Research Fund
GlaxoSmithKline, AstraZeneca and Johnson & Johnson have joined with three leading British universities to create a new STG40 million pound ($A81.75 million) fund backing early drug research.The Apollo Therapeutics Fund, which aims to improve the speed and potential of university research being translated into new medicines, is a further example of a trend by Big […]
Illinois to invest $220 million in venture capital funds
The state of Illinois is getting back in the venture-capital business for the first time in several years. Treasurer Michael Frerichs says he’ll start investing more than $220 million of state treasury money with venture funds across the state. The Legislature first authorized the state to invest up to 1 percent of its funds in […]
Moodoo Receives £20,000 Initial Funding From University of Oxford’s Saïd Business School Seed Fund
Moodoo, a get-together app, has raised an initial round of funding of £20,000 from The University of Oxford’s Saïd Business School Seed Fund. The fund, which invests in early-stage, alumni-founded companies, selected Moodoo as one of only three successful applicants for seed funding. Moodoo is officially slated to launch in India in the month of […]
Partners expands life sciences innovation fund to $100M
Partners HealthCare is expanding its Innovation Fund from $35 million to $100 million, the Massachusetts health system announced today at the J.P. Morgan Healthcare Conference.The fund, which was launched as an experiment in 2007 with funding from Brigham & Women’s Hospital and Massachusetts General Hospital, provides startup capital to early stage life sciences companies. To date, it has […]
Ann Arbor-based Millendo scores $62M investment
An Ann Arbor-based start-up drug company with roots in the University of Michigan scored a $62 million buy-in from outside investors because of its early work on treatments for several medical conditions, including some affecting women. The so-called Series B investment secured by Millendo Therapeutics follows an earlier round of investment that raised $16 million in 2012, company officials said. The $62-million […]
UI awards $625,000 in funding to help faculty members turn inventions into businesses
A desalination device that also creates electricity and a screening system to detect symptoms of delirium are among the University of Iowa faculty inventions that were awarded a total of $625,000 in gap funding by the University of Iowa Research Foundation (UIRF). In place since 2007, the UI Commercialization GAP Fund Program has been highly […]