ScaleUP Ventures closer to $75 million fund target after $25 million boost from Ontario government
Toronto-based ScaleUP Ventures (SUV) announced today a second close of $32.25 million for its ScaleUP Ventures Fund, which now has over $70 million in committed capital. The funding was led by $25 million from the Province of Ontario, via the Ministry of Research, Innovation and Science. “We need to continue to strengthen Ontario’s innovation ecosystems […]
Wisconsin Economic Development Corporation awards $700,000 in grants to support local efforts to provide seed funding for startups
Three economic development organizations have been awarded a total of $700,000 in matching grants from the Wisconsin Economic Development Corporation (WEDC) to be used to provide seed funding for technology-based startups and early-stage companies. The Milwaukee Development Corporation has received a $500,000 grant under WEDC’s Capital Catalyst Program for the creation of a $1 million […]
University of Arkansas announces $1M innovation grant program
Faculty and students at the University of Arkansas will be able to apply for innovation grants totaling up to $1 million through a new university program funded mostly with television revenue related to the airing of UA sporting events. “The university will invest up to $1 million in this fund annually to support cutting-edge ideas […]
University of Arkansas Chancellor’s New $1 Million Fund Advances Multiple Guiding Priorities
University of Arkansas Chancellor Joe Steinmetz has created a new campus fund as an initiative to support several of the university’s eight guiding priorities, established this past fall. When fully funded the Chancellor’s Discovery, Creativity, Innovation and Collaboration Fund will invest $1 million a year in new projects designed to enhance the university’s research and […]
Stanford StartX VCs Are Looking for the Next Snapchat
As a student at Stanford University, Evan Spiegel often hung around the offices of StartX, the school’s entrepreneurial hub. Spiegel, who was working on a photo-sharing app called Picaboo, would seek advice from people affiliated with the incubator. In return, he volunteered part-time in 2011, helping design some early marketing materials for StartX. Spiegel’s side project eventually became Snapchat, whose […]
Innovation hub at Michigan Tech University bridges “Valley of Death”
They call it the “Valley of Death” — the gap in a project once a project is past the basic science but not far enough along for investors to jump in. Michigan Technological University will have a larger role in getting more of those ideas to market. This week, the Michigan Strategic Fund approved funding […]
MCCC fund to help provide capital for local start-up businesses
Jennifer Green doubled over in her chair, breathing rapidly with her hand to her face. Echo, a 16-month-old chocolate lab, recognized the signs of a panic attack and sprang into action, nuzzling his owner’s hand and climbing onto her lap to apply pressure to her chest to help calm her down. Green, however, wasn’t really […]
University of Michigan, Michigan Tech designated as Innovation Hubs in MEDC’s statewide MTRAC program
Accelerating the creation and transfer of new technologies from research settings to practical real-world applications is the main focus of the innovation hubs at the University of Michigan’s College of Engineering and Michigan Technological University. With the Michigan Strategic Fund (MSF) board’s approval today, the U-M advanced transportation Hub and Michigan Tech’s advanced materials Hub […]
Canada Foundation for $1.3M in innovation funds five new leadership awards at UCalgary
Five University of Calgary researchers have been awarded Canada Foundation for Innovation John R. Evans Leaders Fund (JELF) awards, valued at over $1.3 million. Announced today by the Honourable Kirsty Duncan, Minister of Science, the awards will support research in the Cumming School of Medicine, the faculties of Kinesiology and Arts, and the Schulich School […]
Virginia Tech and Carilion form $15 million venture capital fund
Virginia Tech and Carilion Clinic have formed a new $15 million venture capital fund designed to catapult the startups taking root around Blacksburg and Roanoke’s so-called innovation corridor. About 60 percent of the investments will be in the life sciences industry and most will be based in Virginia. If they’re in another state, the companies […]