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 […]
Obama administration announces its i6 challenge proof of concept center recipients
Undoubtedly from the recommendations from the National Advisory Council on Innovation and Entrepreneurship (NACIE), and other works directed at the promise of proof of concept centers like the IMPACT paper, “The i6 Challenge is a multi-agency grant that encourages and rewards innovative, groundbreaking ideas that accelerate technology commercialization, new venture formation, job creation, and economic growth across the […]
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-M’s New Drug Discovery Center to Commercialize Research; provide seed grants
Last week, the University of Michigan announced a new Center for the Discovery of New Medicines (CDNM) to help speed the school’s research findings to the marketplace. The new initiative is a cross-departmental effort to leverage resources like former Pfizer researchers, unique libraries of compounds, and a culture of data sharing to streamline early-stage drug discovery in an age where big pharma is increasingly […]
IP Shakti, offers proof of concept approach and funds for life science and biomedical innovation
IP Shakti, LLC, a Princeton based innovation fund, offers a new approach for investing in the early stages of life science and biomedical innovation. University inventors often face the “valley of death” funding gap when they look to develop a new innovation. IP Shakti is now an option for medical device innovators when venture capital […]
University of York offers proof of concept funding for social entrepreneurs
THE University of York is to encourage a new generation of social entrepreneurs. The university is one of 56 universities to take part in a pilot of a national programme to encourage the creation of social enterprises, self-sustaining initiatives to achieve social purposes rather than just make a profit.
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.
Mayo Clinic, venture firms team to support Rock Health tech incubator fund
After two years of nurturing medical-technology companies–including one that turns an iPhone into a functioning microscope and another making games to sharpen mental acuity–San Francisco incubator Rock Health has formed a partnership with several venture firms that will see more investment dollars flowing to early-stage companies. Kleiner Perkins Caufield & Byers , Aberdare Ventures , […]