Drexel Gets Into Early Stage Venture Capital
Drexel University is getting into early-stage venture capital. The school announced Monday the creation of “Drexel Ventures,” a new program designed to incubate and fund new technologies developed by faculty, students and alumni
Academia-focused Crowdfunding Sites Are Emerging
As part of our ongoing focus on University Crowdfunding: By now, you’re probably used to everyone from your college classmates to your old roommate’s ex-girlfriend incessantly trumpeting Kickstarter campaigns for their experimental films or iPhone accessories. But more recently, you might have seen your friend that went in for a PhD in oceanography passing the […]
Washington’s Life Science Discovery Fund Announces $1.5M In New POC Awards
The Life Sciences Discovery Fund (LSDF) today announced nearly $1.5 million in Proof of Concept grants to Washington for-profit and nonprofit organizationsto foster translation of health-related technologies from idea to market launch. Also announced was over $300,000 in supplemental funding to two ongoing grants to enhance the commercial potential ofthe technologies developed through those awards.
Palestine Gets Its First Seed Fund, To Work In Concert With Universities
The startup scene in Palestine has been slow to build over the past few years, led by initiatives like Bazinga and grassroots organization Peeks. This past year, however, support has flooded into both the West Bank and Gaza, with the start of Hi-Tech Hub, a tech talk series based on Amman Tech Tuesdays, the resurgence of Gaza’s first […]
Govt pumps €21m into Enterprise Ireland fund to commercialise third-level research
The Irish Government is to pump €21m into Enterprise Ireland’s Commercialisation Fund to support the commercialisation of further third-level research in 2013. The goal of the funding is to
State of Georgia Awards $100K Innovation Grant to Georgia Tech for Research Into Sensiotec’s Non-Contact Cardiorespiratory Patient Monitoring
ATLANTA, GA–(Marketwired – Jun 25, 2013) – The State of Georgia, through the Georgia Centers of Innovation Program (COI) and OneGeorgia Authority, has awarded the Georgia Institute of Technology a grant of almost $100,000 for ongoing work on Sensiotec Inc.’s innovative, non-contact cardiorespiratory monitoring technology platform
Allied Minds raised $100M to expand investment in universities and federal labs
The private investment firm has significantly expanded its asset base since its founding in 2006, bolstered by investor confidence in its unique, and efficient, model for forming, funding and building new companies based on early-stage technologies in the life-sciences and technology sectors. Allied Minds, Inc., the biggest investor in technologies developed at renowned U.S. university […]
Portland Seed Fund Gets $575K More From City To Fund More Start-ups
The Portland Seed Fund is readying a sequel. The two-year-old investment vehicle, which backs promising ideas at their earliest stage, plans to launch a second, larger edition this fall. It would offer more financial “runway” to startups as they move from intriguing concepts into plausible businesses. The Portland Development Commission votes Wednesday on granting $500,000 from the […]
Connecticut Innovations Opens $200M Fund For Bioscience Research
Connecticut Innovations is taking a new investment approach as it prepares to launch a $200 million fund to spur bioscience research and development in the state. The fund, originally pitched by Gov. Dannel P. Malloy and approved by lawmakers during the recent legislative session, will
Dragon Fund, A Drexel University Student-led Fund, Secures $1mm for investment
The student-managed portfolio, called the Dragon Fund, began in 2007 with a $250,000 contribution from Drexel. The university contributed another $100,000 in 2011 and then $500,000 in May. The fund has gained more than $150,000, due to the investments made by the students. “The fund has performed quite well. It has beaten