Caerphilly start-up nudjed first company to get backing from the £7.5m Wales Technology Seed Fund
A start-up technology firm providing a personalised online health and wellbeing platform aimed at busy executives is the first company to receive backing from the Wales Technology Seed Fund. Nudjed has received a £125,000 equity investment from the fund, which is managed by Finance Wales on behalf of the Welsh Government. Based in Caerphllly the […]
Two New $10 Million Australian Startup Funds Make It To Tax Free Status
Two Australian venture capital funds have gained sought-after recognition from the Federal Government for their support to local startups. Startup accelerator BlueChilli has been named as the newest Registered Early Stage Venture Capital Limited Partnership (ESVCLP) by the Department of Industry. It is one of only 10 funds to gain such recognition since 2007. ilab, […]
UMass records best-ever year for startup businesses, $2M in POC Funding
The University of Massachusetts created six new startup companies within the past year, its best-ever annual performance, and set new records for patent applications and the number of faculty members disclosing inventions, President Caret said today. The new companies reflect the University’s increased focus on coaching, mentoring and providing other services and support to help […]
NC State’s Chancellors Innovation Fund Has Backed 23 Projects, Secured $4.2M in Follow-on Funding
In four years, 23 projects have earned funding from the CIF. The $1.3 million invested in them has generated $4.2 million in follow-on funding and $460,000 in licensing revenue for the university, as well as launching six startup companies. Each year, roughly 75 faculty members file CIF proposals. After initial screening, finalists pitch their technology development […]
North Dakota investor Dakota Venture Group backs marketing-tech startup Buzz360
Eagan startup Buzz360 has closed on $385,000 in financing with backing from North Dakota investors, including a student-run venture fund. The marketing-technology company will put the capital toward ramping up sales and marketing of its software. Dakota Venture Group, a Grand Forks-based fund run by University of North Dakota students, led the equity component of […]
Update on University of Illinois Proof-of-Concept Program
Last spring, the University launched the Illinois Proof-of-Concept fund (I-POC) to help bridge the gap between University innovations and the marketplace by funding research and development that will demonstrate an innovation’s market viability to potential investors and partners. In the first round, five faculty projects were funded. Recipients included: Kaustubh Bhalerao, from the […]
University of New Hampshire Unveils Initiatives Designed to Increase Commercialization Success
In an effort to expand entrepreneurship throughout the university and the state, the public research institution announced that it has established a new center, The Peter T. Paul Entrepreneurship Center, as well as a mentoring network and a seed fund. They will use the research output of faculty, staff and students to drive economic development […]
Alumnus creates investment fund that targets startups from Rensselaer Polytechnic Institute
Jeff Stewart, an entrepreneur who has founded several technology companies, is starting a fund to grow early-stage businesses developed by faculty, alumni and students at Rensselaer Polytechnic Institute in Troy, New York. Stewart, currently the chief executive office and co-founder of Lenddo, a New York City technology company, is an alumnus of Rensselaer, a private […]
Green Seed Fund proposals open Oct. 22
The University of Washington Environmental Stewardship & Sustainability Office is pleased to announce that we are accepting proposals for 2014-2015 Green Seed Fund Grants effective October 22, 2014: green.uw.edu/gsf/ Submissions must be entered online, and will be accepted until 5:00 p.m. on December 11, 2014. The Green Seed Fund aims to promote and fund research […]
6 things we’ve learned about launching university-origin companies
The University of California recently announced its entry into the venture capital arena with a $250 million commitment to spinning promising technologies out of its top-notch, 10-campus system. Perhaps every major research university in the US — collectively, recipients of over $40 billion in federal research funding yearly, not to mention the inflows of corporate […]