MIT Energy Initiative awarding $1.65 million in seed funds for innovative early-stage energy research
The MIT Energy Initiative (MITEI) has announced it is awarding more than $1.65 million in grants under its annual MITEI Seed Fund Program to support innovative, early-stage energy projects across campus. For 2015, a total of 11 projects are receiving $150,000 each for research lasting up to two years. Funding is provided by MITEI’s founding […]
IDEA Reaches Gap Funding Milestone: 6 Ventures Receive Non-Equity Grants
Northeastern University’s Venture Accelerator IDEA recently reached a monumental milestone in their mission to coach, fund, and launch ventures: in February, IDEA completed its largest round of Gap Funding that provided six ventures with $10,000 to overcome a specific gap in each of their businesses. The bi-monthly Gap Fund IDEA provides ventures the opportunity to […]
Ohio Third Fronteir supports University of Akron professor develops super-strong, reusable adhesive that could be used in automobile and aerospace industries
A University of Akron professor has developed a super-strong, reusable adhesive that works on numerous surfaces. A company he co-founded has been awarded a $736,000 National Science Foundation grant to prepare the adhesive, spun from polymer fibers, for commercial use. The product, developed by Josh Wong, a professor of mechanical engineering, was inspired by the ability […]
With GAP fundng, UI professor creates urgent seizure treatment device
When an individual with epilepsy has a seizure, he or she needs quick delivery of an anticonvulsant drug. That’s why Max Baker, UI associate professor in the anesthesia department, has been working for two years on a rapid, easy-to-use, buccal drug delivery device for the urgent treatment of seizures. The buccal device sits between the […]
$500K grant will drive innovation at Penn State TechCelerator
U.S. Secretary of Commerce Penny Pritzker announced that the TechCelerator@State College is among the first of 26 recipients of the 2014 Regional Innovation Strategies program grants. Penn State received a $500,000 i6/Cluster Grant for Seed Capital Funds to further develop the TechCelerator@State College, a pre-accelerator that is specifically designed to allow technologists who have not identified […]
Wichita State to host $2.5 billion technology seed fund event April 30
Area innovators, entrepreneurs, researchers and small technology firms are invited to take advantage of a special opportunity as Wichita State University hosts the SBIR Road Tour from 7:30 a.m.-1:30 p.m. Thursday, April 30, on the second floor of the Rhatigan Student Center. The SBIR Road Tour event represents America’s largest seed fund, and is a […]
MassDevelopment issued a $175000 revolving bridge loan from the Emerging Technology Fund
MassDevelopment issued a $175,000 revolving bridge loan from the Emerging Technology Fund to Dynamo Micropower Corporation. Dynamo Micropower Corporation is a privately-held developer and manufacturer of fuel-flexible micro-turbine based power generation systems for the oil and gas industry, located in Somerville, Massachusetts.Dynamo has developed a scalable 15-75kW flexible-fuel, portable micro-turbine platform that meets the power […]
New grants to help UCF, Canvs launch $5M seed fund – Orlando Sentinel
U.S. Secretary of Commerce Penny Pritzker visited campus in person to unveil the new matching grants: $500,000 from the i6 Challenge program and just under $250,000 from the Regional Innovation Strategies Program. Pritzker said UCF is one of two universities in the U.S. receiving grants from both programs, because it has programs to support new […]
NJHF commits additional $1 million to fund research and innovation grants in N.J.
The New Jersey Health Foundation, a New Brunswick-based nonprofit that funds health research and innovation, on Monday announced a new $1 million funding round, $500,000 of which will fund a new collaboration with Newark-based Nicholson Foundation to help researchers commercialize their ideas. Jim M. Golubieski, foundation president, said the new Innovation Grants program will provide […]
Purdue Krannert students realize returns through startup venture fund
Purdue University students are acquiring real-world business experience by performing due diligence on startups applying for funding from the Emerging Innovations Fund, an evergreen fund created to accelerate the commercialization of Purdue’s early-stage innovations. The Krannert School of Management’s “Student Managed Venture Fund” course challenges students to complete reports on startups founded on Purdue innovations […]