University of Waterloo entrepreneurs pitch for $125K in seed money at Velocity Fund Finals
The University of Waterloo will host the Velocity Fund Finals this week which provides the opportunity for student entrepreneurs and alumni to pitch their innovative ideas for the chance to win some cash. Mike Kirkup with Velocity tells us ten companies will compete for four prizes of $25,000, and another 10 startups will compete for one […]
Five teams named finalists in Chicago Innovation Exchange’s funding competition
The Chicago Innovation Exchange has announced the five finalists in its Innovation Fund’s spring cycle. Twice per year, the fund takes applications, hears pitches and decides to invest in emerging technologies and startups out of the University of Chicago and its affiliates—Argonne National Laboratory and Fermi National Accelerator Laboratory. The fund so far has invested […]
Wichita State University Ventures accelerator program results in the addition of 15 jobs
Last year’s Innovation Accelerator competition, held by Wichita State’s WSU Ventures and funded through the Kansas Department of Commerce, has resulted in the addition of 15 jobs. In early 2015, seven technology-based companies were awarded with $109,600 in funding through the Competitive Innovation Accelerator Shock Tank competition. The competition sought innovation with commercial applications and […]
Science Center’s Start-Up Accelerator Emerges from Stealth Mode To Focus on “Long Horizon” Technologies
Inventors and entrepreneurs interested in starting a new company, or in growing a newly started company, have one more option to obtain funding, expertise, and other resources with the University City Science Center’s Phase 1 Ventures Program. Soft-launched as a stealth-mode pilot in 2015, Phase 1 Ventures, or P1V, is now widening its net for […]
URMC startup lands $5M in funding
A University of Rochester Medical Center startup that makes biosensors has landed millions in funding from outside of New York. Adarza BioSystems of West Henrietta has gathered $5 million in venture capital. Adarza will use the money to expand its manufacturing facility in St. Peters, Missouri, launch its first product and further development a second product. The $5 […]
Gap fund awards help WSU innovations make an impact
SEATTLE – Development of a universal flu vaccine, a treatment that could regenerate muscles and training to address racial bias are a few innovations that are one step closer to reaching the market thanks to the Commercialization Gap Fund (CGF) at Washington State University. Seven WSU faculty received support from the second round of CGF […]
UNC Rex’s venture fund expands by $8 million
UNC Rex Healthcare, which four years ago committed $10 million to create a venture capital fund that invests in startup health care companies, has set aside an extra $8 million for further investments. The board of directors at Rex, which is part of the UNC Health Care System, has authorized the fund, Rex Health Ventures, […]
Seed fund helps catalyze Duke energy research on materials, environment, policy
Research projects that examine energy materials, the water-energy-food nexus, and renewable energy policies will receive funding in 2016 from the Energy Initiative’s Energy Research Seed Fund. Six projects involving 16 faculty members were selected for the third annual round of awards from the fund. The Energy Research Seed Fund provides a financial head start for […]
New Iowa startup investment fund on the horizon
A new fund that would invest in Iowa startups is in the works after receiving certification from the state. River Glen Venture Partners aims to raise a pool of $25 million it would invest in early-stage companies, fund founder Matt Busick said. “We think that’s the right number to build a portfolio over four to five years of 10 (startups) […]
Purdue Ventures to Oversee Startup Investments
The combined investment resources for Purdue University-affiliated startups will now be managed by a single entity. The newly-created Purdue Ventures will oversee the deployment of $37 million in investments from the Purdue Research Foundation’s multiple funding resources. Dan Hasler, president and chief entrepreneurial officer of the Purdue Research Foundation, says it makes sense to put […]