TEDCO’s Pre-Seed Builder Fund Invests in Maryland Medical Device Start-up · BioBuzz

COLUMBIA, Md. (March 18, 2022)—TEDCO, Maryland’s economic engine for technology companies, announced today its Builder Fund invested $100,000 in Astek Diagnostics, a medical device start-up based in Maryland. TEDCO’s Builder Fund invests in and provides executive support to Maryland-based technology companies run by entrepreneurs who demonstrate economic disadvantage. “We know that getting the correct anti-biotics to patients […]

New UB program ‘cultivates’ WNY startups with funding, mentorship 

Startup companies looking to grow and scale their businesses in Western New York have a new source of early funding to help them navigate the entrepreneurial journey. Through Cultivator — a new program from the startup ventures team at Business and Entrepreneur Partnerships (BEP) — UB invests up to $100,000 and nine months of mentorship in early-stage companies founded […]

Michigan MEDC Strategic Fund Approves $6.5M for High-tech Startups 

The Michigan Economic Development Corp. (MEDC) in Lansing announced the Michigan Strategic Fund (MSF) has approved a grant amendment for $6.5 million for the Michigan State University Foundation to support high-tech startup companies and innovative technologies in Michigan at the university level through the Pre-Seed III fund. The Pre-Seed Fund was created to provide early-stage […]

TEDCO’s Seed Fund +USM Momenturm Fund support $850K Investment Round

TEDCO, Maryland’s economic engine for technology companies, announced today its Seed Fund invested $200K in TargetDocs, a Maryland-based technology startup. TEDCO’s Seed investment is part of an $850K funding round, which includes University System of Maryland Momentum Fund (Momentum Fund), the Hustle Fund, New Age Capital, Debut Capital, Dingman Center Angels, and Gaingels. TargetDocs, based in Montgomery County and led […]

McGill Dobson Centre surpasses $1-billion milestone in startup seed funding 

The McGill Dobson Centre for Entrepreneurship has reached a remarkable milestone: The startups it has supported have now raised more than $1 billion in seed funding (source: Crunchbase). “To sustain a steep growth curve, startups often need to burn capital before achieving profitability. This new milestone demonstrates the strong momentum that our startups are experiencing,” says […]

U-M venture fund makes first investment after reaching $2M first-close fundraising milestone

The Accelerate Blue Fund, a University of Michigan early-stage venture fund raised through philanthropy, has reached its first fundraising milestone and made its first investment in a U-M tech startup. The recipient of the fund’s first investment is Movellus Inc., which provides technology to boost semiconductor chip design for cloud computing, artificial intelligence and other […]

City University of Hong Kong launches start-up program 

The City University of Hong Kong has launched a large-scale flagship innovation and entrepreneurship program – HK Tech 300 – for aspiring entrepreneurs among its students and staffers, aiming to create 300 start-ups in three years. The program will offer professional training and a seed fund for different project teams to develop innovative ideas into start-ups, validating […]

UF Creates $1 Million Venture Fund for Faculty Startups | UF Innovate

In its ongoing efforts to rise to Top 5, the University of Florida has established its own venture fund to benefit startups founded on university research. Starting this fiscal year, the university will provide $1 million a year to fund startups founded on UF technology. Jim O’Connell, assistant vice president for commercialization at UF and […]