Virginia Tech and Carilion form $15 million venture capital fund

Virginia Tech and Carilion Clinic have formed a new $15 million venture capital fund designed to catapult the startups taking root around Blacksburg and Roanoke’s so-called innovation corridor. About 60 percent of the investments will be in the life sciences industry and most will be based in Virginia. If they’re in another state, the companies […]

These four tech startups received crucial capital from a UPenn student-run fund

A student-run innovation fund has already provided capital to launch four Penn startups this year, and it’s only the beginning of second semester. The Weiss Tech House Innovation Fund gives grants ranging from $500-$2000 to startups that involve technology in some way, College senior and Fund co-chair Jason Shein explained. Shein facilitated a recent “relaunch” […]

UMass Amherst creates venture fund to support innovation, job growth in Western Massachusetts

The University of Massachusetts Amherst hopes maroon will soon not only symbolize the campus colors but also innovation. University officials announced this week the formation of the Maroon Venture Partners Fund, a new effort to support entrepreneurship among alumni, faculty and students. “UMass Amherst, as the Commonwealth’s flagship, plays a crucial role in the state’s […]

$2.2 million from state will help speed UCI research to commercial market

The University of California, Irvine has received $2.2 million from the state that will be administered through UCI Applied Innovation to help speed research and innovations to commercialization. The funding will underwrite the Bridging Innovation Gaps Initiative at UCI and provide additional support for: The BioENGINE program, which promotes biomedical engineering entrepreneurship by helping graduate […]

University of Wollongong sets up a $10 million seed fund for start-ups

The University of Wollongong has launched a $10 million seed fund for start-ups which join its new iAccelerate business incubator. Start-ups accepted by the incubator in its current round of applications will be eligible to apply for capital from the fund. The university has contributed $2 million to the fund, which is managed by Artesian […]

Purdue researchers receive Trask funding to commercialize new type of sodium batteries and novel antibiotic for chronic wound healing 

Two Purdue University researchers will share $55,000 from the Trask Innovation Fund to further develop their innovations through the commercialization pipeline. Vilas Pol, an associate professor in Purdue’s Davidson School of Chemical Engineering and associate professor (by courtesy) in the School of Materials Engineering and an affiliate of Environmental and Ecological Engineering, received $35,000 for […]

Firebrand Ventures partners with UMKC to cultivate entrepreneurs

Firebrand Ventures has partnered with the University of Missouri-Kansas City to help local startup entrepreneurs. As part of the agreement, the Kansas City-based fund will offer graduates of UMKC’s E-Scholars program an opportunity to receive an investment from Firebrand starting in 2017. Housed under UMKC’s Regnier Institute for Entrepreneurship and Innovation (RIEI), E-Scholars offers students […]