Matthews startup gets $75,000 from Innovation Fund North Carolina
TVL International, the Matthews company developing the SmartCharge LED bulb that operates even during a power outage, has won a $75,000 loan award from the Innovation Fund North Carolina. Founder and CEO Shailendra Suman says the money will be used pay for getting the latest iteration of the SmartCharge bulb certified by Underwriters Laboratories, as […]
Four local University of Wisconsin tech startups awarded second round of state grants
Four local startups founded by students and University of Wisconsin faculty are getting a second round of state grants to advance their new business models. The four are among nine UW system startups that are sharing $325,000 in grant awarded through the Ideadvance Seed Fund program. That $2 million program is run by the Wisconsin […]
Who benefits from NY $50M Venture Fund?
Empire State Development officials said a $50 million state venture capital fund will stimulate private venture capital among startups that lack funding, primarily in upstate New York. “Upstate [New York] is a priority and historically has been underserved as compared to New York City where there’s so much investment in digital media,” said Steve Cohen, […]
B-Schools’ Venture Capital Investments Pay Off For Entrepreneurs
Neha Jainve is in need of cash. Her start-up venture, Wallet Circle, is poised to generate comfortable returns but a £42,000 capital injection from Sirius, an incubator program, will not be enough to sustain growth. The technology entrepreneur and her co-founders have spent the past two years working on securing seed funding for their fledgling […]
Dartmouth Alum Fund Invests In Businesses With College Ties
A group of Dartmouth College alumni “angel investors” has established a venture capital fund to help businesses with connections to the college. “Angel investors” put up money to help entrepreneurs and start-ups to get off the ground and grow. The idea is less about turning a quick profit and more about nurturing a business. The […]
University of North Carolina at Chapel Hill Forms $5M Venture Capital Fund
The University of North Carolina at Chapel Hill has formed a $5m venture capital fund to support University startups. The Carolina Research Venture Fund will support University startup companies in overcoming funding gaps, accelerate growth and help move ideas from University labs to the commercial marketplace. The University already has a number of avenues through […]
IBM Watson Group Awards University of Texas at Austin Top Spot in Intercollegiate Competition
NEW YORK and AUSTIN, Texas, Jan. 15, 2015 /PRNewswire/ — IBM (NYSE:IBM) today announced the first winner of its Watson University Competition, part of the company’s partnership with top universities through its cognitive computingacademic initiative. The winning team of student entrepreneurs from the University of Texas at Austin will receive $100,000 in total in seed funding to help […]
Illinois Ventures Fund Grants $125K to University Researchers
Researchers from three universities in Illinois have received the first batch of funding from IllinoisVentures, a University of Illinois-born fund that launched in October and aims to accelerate the commercialization of new technologies. Five researchers from the University of Chicago, Northwestern, and the University of Illinois at Chicago received a total of $125,000 in grants […]
Alum sets up student venture fund at University of Oregon
Musician and entrepreneur Paul Anthony Troiano wants to make it rain for student entrepreneurs at the University of Oregon. Troiano — the founder of Rumblefish, a music technology company that handles music licensing for video makers around the globe — has committed more than $300,000 to start the Paul Anthony Troiano RAINMaker Fund. It will […]
National Taiwan University student venture fund makes headway
A National Taiwan University venture capital fund is making headway in bringing student-developed products to market and helping the institution’s young inventors realize their potential. NTU Garage has assisted around 3,000 students in starting businesses over the past seven years. This number looks set to increase as the fund secures more tie-ups with foreign investors […]