Economy Ministry and University of Malta partner up to fund more technology start-ups
The Ministry for The Economy, Investment and Small Business and the Centre for Entrepreneurship and Business Incubation (CEBI) of the University of Malta TAKEOFF, have launched the 2015 TAKEOFF Seed Fund Award (TOSFA) at the TAKEOFF Business Incubator. Through the award, the sum of €100,000 in seed funding will be allocated to groups of innovators […]
Aalto’s first ERC Proof of Concept grant to DRAM technology
Memory technologies that are used in computers, smart phones, tablets, etc. can be coarsely divided into two classes: fast but volatile DRAMs (dynamic random access memory) and non-volatile flash memories. Racetrack memory based on the controlled motion of magnetic domain walls is a promising new technology for next generation memories, because it combines the speed […]
Drugmakers, UK start $100M venture to fund creation of Alzheimer’s drugs
Major drugmakers, the British government and a top Alzheimer’s research charity are pooling more than $100 million to create a global fund to accelerate efforts to find a treatment or even a cure for the mind-robbing disease within a decade. The new Dementia Discovery Fund will function like a venture capital fund. It will identify […]
Two UK universities become investors in Mercia Technologies
They join the University of Leicester, Coventry University, Birmingham City University and Staffordshire University as investors in Mercia Technologies, which floated on the Alternative Investment Market (AIM) on 18th December 2014. The six are among the nine UK universities and research centres with which Mercia Technologies has collaborative relationships. They provide a consistent pipeline of […]
University of Oxford Isis Fund II reaches funding target of £2m, closes — Medical Sciences Division, Oxford
The fund achieved its initial target in less than four weeks and will close at almost twice that level. Isis Innovation executive director Linda Naylor said: “In 2014, Isis Innovation oversaw a record £2.6m in proof-of-concept funding flow into over twenty new Oxford technologies and ventures. The first University of Oxford Isis Fund was a […]
EC launches €200m fast-track innovation fund to tackle R&D’s “valley of death”
A €200 million pilot funding stream has been launched by the European Commission for projects that are in the late stages of development and close to being launched on the market.The ‘Fast Track to Innovation Pilot’ FTI scheme is aimed at business-driven projects and is open to proposals in any area of technology or application, […]
Enterprise Ireland is now Europe’s biggest VC fund
That was the proclamation of Frank Ryan, the former CEO of Enterprise Ireland, in 2011. While there are some who may question the State taking such a large role in startup investments, it is hard to argue with the results. Enterprise Ireland-backed companies exported over €17bn of goods and services in 2013 and the organisation […]
York University invites next phase of the Academic Innovation Fund
Do you have a great idea or concept for how to expand and advance York University’s priorities in eLearning, experiential education (EE) and enhancing the first-year experience? Why not consider putting your ideas into action by developing a project submission for consideration as part of phase two of York University’s highly successful Academic Innovation Fund […]
€85m VC fund to support Irish life sciences sector
Enterprise Ireland has invested €15m in a new life sciences venture capital fund that has the potential to create 1,000 Irish jobs. Ireland’s largest life science venture capital fund, Fountain Healthcare Partners yesterday announced the initial closing of an €85m fund — the second such fund it has raised. The Department of Jobs, through Enterprise […]
Cambridge image fusion tech improves experience of colour-blind viewers
One in 12 of the male population globally (or the 1 in 200 females) suffers from colour blindness. The level of frustration felt by these people stems from their inability or decreased ability to see colour, or perceive colour differences, under normal lighting conditions. One example of the problem caused by colour blindness is the […]