Local startups compete in Alabama Launchpad competition for $100,000 prize
Nearly a dozen Alabama startup companies, including seven from Auburn, competed in the Auburn Regional Alabama Launchpad competition Thursday at the Courtyard by Marriott in Auburn. The competition was made up of teams from Lee, Tallapoosa, Chambers, Macon and Russell counties and the teams had 10 minutes to pitch their business plans to the judges, […]
NextStep Robotics gets investment from U Maryland Momentum Fund
NextStep Robotics, a startup which makes a device to treat foot drop, closed on $750,000 in new funding, said CEO Brad Hennessie. The Baltimore-based company is the second to receive investment from the Maryland Momentum Fund, which was created by the University System of Maryland to back startups based on technology developed at the state schools. The Maryland […]
University of Akron, Ocius Technologies team receive $1.5 million award from DARPA
Ocius Technologies LLC and the Department of Electrical and Computer Engineering at The University of Akron announce the receipt of a $1.5 million Defense Advanced Research Projects Agency (DARPA) Small Business Technology Transfer (STTR) Phase II award in collaboration with Case Western Reserve University (CWRU). This award will fund research over a three-year period that […]
Invent Penn State awards $200K to four campuses
As part of its Invent Penn State initiative, Penn State today (Feb. 5) announced four new seed grants, each valued at $50,000, designed to bolster entrepreneurship and economic development in communities surrounding Penn State campuses across the Commonwealth. With today’s announcement in the Pennsylvania State Capitol, the University’s effort has grown to include 21 hubs for innovation […]
University of California, Riverside Highlander Venture Fund puts $50K into ‘Next-Generation’ Mosquito Repellent
A venture capital fund created to help faculty and alumni of the University of California, Riverside, move their marketable discoveries to the buying public made its second investment late last month. The funding will allow the startup company Sensorygen to develop a sweet-smelling mosquito repellent that’s effective, safe, natural, and affordable. The Highlander Venture Fund (HVF) invested […]
Baylor University Hosts 10 Finalists from Universities Across the World for its Global New Venture Competition
Baylor University’s Hankamer School of Business will host its seventh annual New Venture Competition Feb. 23-24 at the Paul L. Foster Campus for Business and Innovation, 1621 S. Third St. The competition is a two-day business plan and elevator pitch competition promoting student entrepreneurship. Competitors from accredited universities across the globe receive expert feedback, coaching […]
Science Center’s QED Program Awards $600,000 to Advance the Commercialization of Three University Technologies
Researchers improving the efficiency of bone graft procedures, developing drugs to address treatment-resistant cancer, and advancing research to reverse the invasive potential of cancerous cells will receive a total of $600,000 from the University City Science Center’s QED Proof-of-Concept Program. The program, started in 2009 and now in its tenth round of funding, supports novel […]
U Michigan startup SkySpecs lands $8 million investment
This time, it’s SkySpecs, which provides an inspection service for wind turbines using drones, eliminating the need for technicians (often called “skyworkers”) to conduct the high-risk job hundreds of feet in the air. It raised $8 million in a Series B funding round led by Germany-based Statkraft Ventures and joined by two new investors, Capital Midwest […]
Purdue, NSF ‘Phase 0’ pilot program to benefit Indiana startups
Purdue University and the Krannert School of Management will help early stage startups in Indiana commercialize their technology through the National Science Foundation’s “Phase 0” pilot program. Purdue is one four institutions that make up NSF’s Midwest Innovation Corps (I-Corps) Node, which is one of seven university clusters across the country selected to pilot the new program. Under Phase […]
Princeton’s IP Accelerator Fund supports six innovations with potential for societal impact
Six research-stage technologies with promise to benefit society as future products or services have been selected to receive funding through Princeton University’s Intellectual Property Accelerator Fund. The selected technologies range from ones aimed at treating human disease to ones that improve our access to information, cool buildings using less energy, and improve the safety and efficiency […]