Category: North America

Carnegie Mellon University, GE Ventures team up to create $20M venture fund

Officials hope a new accelerator program and a $20 million venture fund started by Carnegie Mellon University and GE Ventures will draw the nation’s best advanced robotics firms to Pittsburgh and convince those already there to stay put. Carnegie Mellon’s National Robotics Engineering Center and GE Ventures, General Electric’s investment arm, have teamed up to […]

A new Oregon-based seed fund to help startups is in the works

The Oregon Regional Accelerator and Innovation Network (RAIN) is partnering with Portland entrepreneur and investor Nitin Rai on a new regional seed fund in an effort to close the funding gap for startups around the state. Rai will oversee what will be a regional early-stage fund. While the fund will likely be larger, between $2 […]

$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 […]

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 […]