New Seed Fund to Speed UVA Innovation and Research to the Market
Starting in 2016, the University of Virginia will be propelling entrepreneurship into the market like never before. The University’s new Seed Fund will deploy $10 million over 10 years to help commercialize UVA technologies and opportunities. “UVA’s research enterprise helps drive the economy locally, nationally and globally, while producing discoveries that lead to new technologies, […]
U Michigan Spin-off Akadeum gets $1 million seed
There have been two recent votes of confidence for Ann Arbor-based Akadeum Life Sciences Inc., a 2014 spinoff from the University of Michigan. In October, it finished raising a seed round of $1 million, which will fund product development and beef up sales and marketing. Normally that would be the big news. But that was overshadowed by […]
Marquette launches seed fund to support student, faculty ventures
Marquette University said Thursday it has launched a seed fund that will provide $600,000 of early-stage capital to support student and faculty entrepreneurship on its campus. The effort is being administered by Marquette and funded by the Wisconsin Economic Development Corp. “The Marquette Enterprise Seed Fund will offer a critical source of capital to support […]
Rice to invest $150 million in tech research initiatives
Rice University President David Leebron announced a $150 million investment in strategic research initiatives last week. The three-part investment will fund Rice’s molecular nanotechnology research, establish a program in data sciences and promote a broad range of research competitiveness across the university, Leebron said. The investment draws from a combination of endowment, philanthropy and reallocation […]
Innovation Hub launches Innovation Fund for statewide university startup companies | AR Innovation Hub
The Arkansas Regional Innovation Hub today announced that it is launching the Innovation Fund to support and accelerate the development of university-based startup companies in Arkansas. “The creation of the Innovation Fund addresses the most glaring gap in our state’s equity capital spectrum for startup companies,” said Jeff Stinson, Director of the Silver Mine at […]
Singapore National Research Foundation launches S$40 million fund to grow local tech start-ups
The National Research Foundation (NRF) launched a S$40 million fund for small, high-tech innovative companies in Singapore on Monday (Sep 21). NRF’s third Early Stage Venture Fund was launched at Techventure 2015, a two-day platform for global technopreneurs and investors at the Marina Bay Sands Expo and Convention Centre. The fund aims to speed up […]
UK’s Institution of Mechanical Engineers launches £2 million fund to help bridge ‘valley of death’ between research and bringing products to market
The Institution of Mechanical Engineers is launching a new fund, Stephenson LP, aimed at helping companies overcome the investment hurdle between Research and Development and bringing a product to market. The fund, initially worth a total of £2 million, is in line with the Institution of Mechanical Engineers’ original statement of purpose set out by […]
Five local OH startup companies raised $275,000 from Innovation Fund at Lorain County Community College
Five local startup companies have raised $275,000 from the Innovation Fund at Lorain County Community College. Two companies received $100,000 non-recourse loans, which only need to be paid back if the companies are successful. The other three received $25,000 grants, according to a news release from the Fund. The loans went to Apollo Medical Devices […]
Indiana University to fund $300M in research
Indiana University will invest at least $300 million during the next five years in a new research program designed to develop transformative solutions to world problems. Titled the Grand Challenges research program, it will fund up to five large-scale research projects that will be selected through a competitive review process, the university announced Wednesday. Applications […]
University of Wisconsin FluGen snaps up $12 mln Series A
FluGen Inc., a biotechnology company developing a novel “universal” influenza vaccine, has completed a $12 million Series A financing. Venture Investors LLC, the Wisconsin Alumni Research Foundation (WARF), the State of Wisconsin Investment Board, and other new investors participated in this first institutional financing of the company, along with many of FluGen’s existing investors led […]