London Start-up Direct to Support 400 Start-ups with £2.5m Fund
Over £2.5 million in seed finance has been released by a delivery partner of the government’s Start Up Loans scheme to fund approximately 400 new start-up businesses in London over the next twelve months. Start Up Direct, which has recently established a base in Shoreditch at the heart of London’s Tech City, is offering talented individuals who […]
Imperial College of London Solar Spin-out, BBOXX, Converts On $1.5M In Venture Funding
An Imperial spinout company that brings solar energy products to developing countries lands a major investment from a Silicon Valley financier. The company BBOXX, a provider of solar power technology systems for homes in developing countries, has received a $US 1.5 million investment from Vinod Khosla, one of the founders of the computer company Sun Microsystems […]
Yorkshire Innovation Fund helps spin-out companies through Bradford University
Funds are being made available to help smaller firms across Yorkshire collaborate with universities to develop new products, services and processes following a project led by Bradford University. The Yorkshire Innovation Fund has been launched, partly financed by European Union money, and will enable businesses to bid for funding of £10,000 to £30,000 depending on […]
Glaxo calls on government to support 1B commercialization fund
The government should create a £1bn fund to help university researchers work with small businesses to turn promising ideas into money-spinning inventions, according to GlaxoSmithKline‘s chief executive, Sir Andrew Witty.
Cambridge University launches £50m spinout fund
Cambridge University has created a £50m technology investment company, backed by Arm Holdings and some of the city’s leading institutional investors, to help some of its most promising spinout companies. The fund is a recognition by the university of the critical need for equity finance to help spinout companies overcome the so-called “valley of death” that projects […]
University of Malta to open incubator, contemplating proof of concept fund
The University of Malta has taken over two floors of the Computer Science building to use as an incubator where star students from its entrepreneurship programme can get breathing space from overheads for their start-ups.
University of Edinburgh start-up to seek crowdfunding as a means to support venture
A new spin-out company from the University of Edinburgh’s School of Geosciences which was awarded an initial £141,000 from Scottish Enterprise’s SMART Scotland fund and the University of Edinburgh Technology Fund is to embark on a further round of funding in an ambitious plan to raise capital through crowd funding. Carbomap plans to raise further […]
Eye disease diagnostic tech receives POC support from UK i4i program
A team of UK scientists and engineers have developed a prototype device for detecting the most common cause of sight loss in the developed world, age-related macular degeneration (AMD), which usually isn’t diagnosed until vision has already begun to degrade.
Said Business School Student-Fund Backs Two Oxford Start-ups
ACE was founded in 2013 by Alex Money (D.Phil in Economic Geography). ACE offers a digital platform that delivers proprietary information about market expectations for publicly traded companies
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