Category: North America

$45M State-funded “New York Ventures” completes first two investments

Empire State Development announced the launch of New York Ventures, a program dedicated to encouraging innovation and fueling economic growth in communities across the state. New York Ventures will oversee the State’s innovation investment funds, which provide financial capital to early-stage, technology-based businesses, and include the New York State Innovation Venture Capital Fund, a $100 […]

Washington’s Life Sciences Discovery Fund not dead yet, launches grant program

Earlier this year, lawmakers slashed from the budget a state fund for life sciences. Well now that fund may have been put on life support. The Life Sciences Discovery Fund had $2 million left in its treasury account after the Washington state Legislature approved a budget in June that revoked the rest of the LSDF’s […]

Université de Sherbrooke receives $33.5M from the Canada First Research Excellence Fund

Université de Sherbrooke today launched an ambitious project which reaffirms its position as a world leader in large research partnerships. A project that will undoubtedly be one of the great industrial revolutions of the 21st Century: From Quantum Science to Quantum Technologies. To propel this initiative, the Government of Canada has awarded a remarkable investment […]

Kentucky Grants $800,000 in State Income Tax Credits to Accelerator

The Kentucky Economic Development Finance Authority today granted to UpTech Fund II, LLC $800,000 in state income tax credits, pursuant to the Kentucky Investment Fund Act. UpTech Fund II, the pre-seed fund connected with the UpTech, Inc. accelerator program in Covington, is in the process of raising a $2,000,000 fund to make investments in the […]

UC to fund up to $150K in early-stage life science startups through primePC program

Startups created at the University of California can compete for funding during a first-of-its-kind UC competition. The university system will give one $150,000 award and three $50,000 awards to early-stage companies working on life sciences technology related to therapeutics, consumer health, medical devices and diagnostics, UC announced Tuesday. Companies — they must have founders or other members from any […]

Duke’s MURDOCK Study offers $100K in seed funding to scientists at NC Research Campus

Duke University’s MURDOCK Study will invest up to $100,000 in the coming year to fund scientific discoveries at the North Carolina Research Campus in Kannapolis. The MURDOCK Study-NCRC Seed Funding Voucher Program will provide up to 10 vouchers worth $10,000 each to qualifying Research Campus investigators from any institution on the campus. Duke manages the […]

Macomb Community College Innovation Fund announces $275,000 in inaugural awards to five Detroit-area technology-focused startups

The Innovation Fund is a $2.7 million effort to stimulate economic development and job growth among promising Detroit-area entrepreneurs and next-stage businesses with high growth potential. Awards of $25,000 will be distributed to start-up businesses to assist with market introduction and awards up to $100,000 will be given to advance the progress of emerging companies […]

Newark Is Tapped for Tech Venture Fund, Accelerator

An early-stage venture fund, targeted at $50 million, and a new accelerator are coming to Newark to create a substantial technology industry. Newark Venture Partners and its sister entity, Newark Venture Accelerator, expect to start accepting startups in October; the fund’s founder is Don Katz, who also is founder and chief executive of Audible.com, an […]