Dell Sets Up $60M Storage Start-up Fund
Dell also said the computer maker has established a $60 million venture fund to invest in storage technologies. The fund will back startups that aim to house growing amounts of data at businesses with fewer than 50,000 employees, for example, and those building computer servers with solid-state storage, the CEO said at Fortune’s Brainstorm Tech […]
CIT GAP Funds puts $50K into Cyber Security Technology
Virginia’s Center for Innovative Technology has invested $50,000 in Power Fingerprinting Inc. The investment from CIT’s GAP Fund will be used for further development of Power Fingerprinting’s technology that detects embedded security threats in computer systems in order to thwart malicious cyber attacks.
State-supported, Pennsylvania venture fund to support early stage software companies
The dearth of early-stage capital available to fund young technology companies in the Philadelphia region is nothing new. It was a source of concern for entrepreneurs and economic-development types in the late ’80s, when I moved here. Hand-wringing resumed early last decade after the bursting of the technology-stock bubble. And since the financial crisis-induced recession, […]
U Michigan partners with venture capital group to support start-ups
A new partnership between the University of Michigan’s tech transfer office and the Michigan Venture Capital Association (MVCA) aims to increase the commercialization of university technology by granting members of the MVCA access to UM-based research and start-ups.
U-M awards first $100K translational medical research award
Administrators at the University of Michigan’s A. Alfred Taubman Medical Research Institute announced Monday the winner of the first $100,000 translational medical research award.
Invest Illinois supports four Champaign-Urbana area start-ups
Four startup companies with ties to the Champaign-Urbana area have been approved to receive equity investments from the state’s new Invest Illinois Venture Fund.
Pure Michigan Venture Development Fund Accepting Applications
LANSING– The Michigan Economic Development Corporation has announced that the Michigan Strategic Fund is targeting to invest up to $9 million to help grow the venture capital industry in Michigan.
Ben Franklin’s Energy Commercialization Institute awards translational research grants to area universities
The Energy Commercialization Institute (ECI), the region’s first university-based energy commercialization partnership, has awarded $500K to five university-based translational research and commercialization projects. The funding is intended to jump start promising technologies and help build southeastern Pennsylvania’s alternative energy infrastructure.
GlobeSherpa, a Portland State student-led venture, moves forward in convenient transit application
Riding TriMet buses and trains in Portland may soon become a paperless, machine-less and generally more convenient experience ifGlobeSherpa has anything to say about it. The 2-year-old company has created a mobile system that lets riders buy tickets on their phones. The completely paperless platform would also give TriMet an easier way to manage operations and even provide […]
Gap Funding Helps University of Illinois at Chicago Professors Commercialize Discoveries
Four technologies being developed by University of Illinois at Chicago researchers have been awarded the first UIC proof-of-concept gap funding grants, designed to help UIC faculty transition their inventions from the laboratory to the marketplace.