India to set up venture fund, incubator complex for biotech startups: CM – The Hindu
With an assurance to set up a venture capital fund and an incubator complex in the city for start-ups in the biotechnology sector, Chief Minister Siddaramaiah launched the 15th edition of the Bangalore INDIA BIO here on Monday.The three-day event will see seminars, discussions and conferences by nearly 110 speakers, with delegations from more than […]
Belarus, Russia to set up venture capital fund in 2015
MINSK, 21 January (BelTA) – The Belarus-Russia venture capital fund is to be established in 2015, Chairman of the Belarusian State Science and Technology Committee Alexander Shumilin said at a press conference dedicated to the Day of Belarusian Science on 21 January, BelTA has learned. “We are in talks with a Russian venture capital company […]
China To Establish $6.5B State Venture Fund To Drive Innovation
China’s State Council has decided to establish a state venture capital fund with as much as RMB40 billion (US$6.5 billion) in capital to help support innovation and to upgrade its industrial sectors, according to a statement posted on the Chinese government’s official website. The fund will utilize capital from the central government’s fiscal budget and […]
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 […]
MIT-Israel-BGU Seed Fund Approves Five Projects
The MIT-Israel-BGU Seed Fund recently approved several joint research proposals for funding, supporting new collaborations between faculty and research scientists at MIT and their counterparts at Ben Gurion University. The grants extend over the period between January 2015-August 2016. Some of the approved proposals include “Self-Sustained Agriculture Based on Marginal Water,” “Improving the Delivery of […]
Moscow Seed Fund invests in first medical tech project
The Moscow Seed Fund and nanotech centre Technospark have invested $156k in company NSL’s medical laser drill. The instrument is designed for contactless puncturing of the finger tissue for blood analysis. The money will allow NSL to take the drill into mass production.
Vietnam Minister of Science and Technology plots innovation priorities, including a fund
During a working visit to Canada, member of the Central Party Committee, Minister of Science and Technology, Nguyen Quan, on August had a meeting with representatives of Vietnamese intellectuals in Canada.
Top colleges like Stanford University and Ryerson look to engage deeply with India’s start-up ecosystem
BANGALORE: Top colleges like Stanford University and Canada’s Ryerson, which have been running startup programmes in India, said they are looking to engage more deeply with the startup ecosystem in the coming future.
Japanese Govt to fund start-up CEOs
The Japanese government plans to start a system this fiscal year under which it will provide living costs of 6.5 million yen ($64,000) per year, for up to two years, for people who quit their companies and start a new business.
Nepal Govt to establish Rs 500m fund to bankroll start-ups
The government has planned to establish a start-up fund in the coming fiscal year in a bid to cultivate the culture of entrepreneurship and promote fresh ideas. Presenting the budget for fiscal 2014-15, Finance Minister Ram Sharan Mahat said that the government would set up a Rs 500 million fund to bankroll promising start-ups.