10 corporations, Georgia Tech launch Engage, an accelerator program and venture

Atlanta Mayor Kasim Reed, the Georgia Institute of Technology and the CEOs of 10 of Atlanta’s leading corporations today jointly announced the launch of Engage, a mentorship-driven accelerator program and venture fund. The Atlanta-based Engage accelerator is open to startups across the country, with a focus placed on mentoring and market access strategies.  Applications will […]

UCSF Receives $500 Million For Faculty And Research Improvement from Foundation

University of California – San Francisco has received a $500 million donation from the late Helen Diller through her foundation. This is one of the largest donations made to the university as well as in the history of other academic institutions. In its official website, the University of California San Francisco confirmed that the Helen […]

Wake Forest Innovation’s Catalyst Fund to support 6 early-stage technologies 

Six early-stage technologies, all invented at Wake Forest Baptist Medical Centerand being developed through Wake Forest Innovations, will receive a combined $595,000 investment to support their initial development. The funding was announced Wednesday by Pappas Capital and Wake Forest Innovations, the money coming through the Catalyst Fund, a $15 million technology development program established by […]

New Michigan state-backed funds to deploy $4.2 million to early-stage companies

Detroit-based nonprofit will manage a new statewide fund created to provide needed early-stage capital to startups in Michigan. Despite the name and initiatives focused primarily on community development in its hometown, Invest Detroit will spread funding from the $4.2 million, two-year First Capital Fund across the state. Invest Detroit intends to meet regularly with Michigan’s […]

Invest Georgia plows $3.25 million into Mosley Ventures

Atlanta-based Mosley Ventures has received a $3.25 million investment from Invest Georgia, a state-run venture capital fund. The General Assembly created Invest Georgia back in 2013, an initiative of Lt. Gov. Casey Cagle, to boost investment in Georgia-based growth and early-stage companies The VC fund was allocated $20 million out of an allowed $100 million […]

University of Akron unveils $500K Spark Fund program to fund student, faculty innovations

The University of Akron Research Foundation is unveiling a new program called the Spark Fund to help develop new innovations and technologies among graduate students and faculty.The program, which aims to foster innovations leading to university start-ups, will pay to prototype and test five to seven innovations in 2017, thanks to matching funding from the Ohio […]

Two Purdue agricultural startups receive $100,000 from inaugural Ag-celerator fund

Two Purdue agricultural-based startups received investments totaling $100,000 from the Purdue Ag-celerator, a plant sciences innovation fund operated by Purdue Ventures, the capital access arm of the Purdue Foundry, with assistance from the Purdue College of Agriculture, Purdue Research Foundation’s Office of Technology Commercialization and the agricultural industry. Phicrobe LLC, a startup commercializing an innovative […]

Norfolk biotech startup to get $150,000 loan from city’s new “Innovation Fund” 

A startup that’s developing implantable devices to help regenerate injured tissue is the first recipient under Norfolk’s “Innovation Fund.” Embody LLC, founded in 2014, will get a $150,000 loan from the new venture-capital fund, which aims to help growing technology, science and health care companies. “We’re looking for ways to make Norfolk a more entrepreneurially […]