Purdue startups seek millions in cash this semester
Purdue University researcher Michael Zenter is familiar with the valley of funding death. It’s the gap in available capital that exists between research-level funding and business loans offered to viable companies, and it’s spelled catastrophe for many startups. But if you have a good enough idea, that valley seems to narrow with resources available from […]
Rensselaer Polytechnic Institute in Troy begins seed fund for researchers
Rensselaer Polytechnic Institute has created a seed fund to support multidisciplinary research at the private university. Jonathon Dordick, vice president of research, says his office pledged up to $100,000 each to four research projects last month. The funding is part of a new initiative, the knowledge and innovation program, that aims to broaden the multidisciplinary […]
Penn State Innovation Fund moving good ideas forward
UNIVERSITY PARK, Pa. — In April 2014 the Penn State Research Foundation created The Fund for Innovation to promote commercialization of promising new ideas and discoveries generated by Penn State’s $800 million research enterprise. The primary goal is to create new companies and new jobs, and by doing so to increase the already sizable positive […]
Marquette strategic innovation fund draws more than 270 pre-proposals
The University Innovation Council has begun reviewing the 275 project pre-proposals that were submitted for the strategic innovation fund, and over the coming weeks the council will provide feedback on the pre-proposals and help identify opportunities for collaboration. Of the submissions, 180 of the project leaders were identified as faculty members, with 81 from staff and […]
SBA promotes innovation and technology with national road tour
The U.S. Small Business Administration (SBA) will launch an 18 state road tour, joined by 11 fellow federal agencies in the SBA’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The SBIR Road Tour “Seeding America’s Future Innovations,” is a nationally focused outreach initiative targeting advanced technology communities, including women-owned and […]
2 OSU inventions get $150K from Ohio Third Frontier Commission
The Ohio Third Frontier Commission awarded a combined $150,000 Thursday toward prototypes and market testing for two Ohio State University inventions. The grants come from the Technology Validation and Start-Up Fund, which is targeted for bringing technology to commercialization from Ohio colleges, universities and nonprofit research institutions. SightFourAll Inc., a Columbus company founded in September, […]
Four local University of Wisconsin tech startups awarded second round of state grants
Four local startups founded by students and University of Wisconsin faculty are getting a second round of state grants to advance their new business models. The four are among nine UW system startups that are sharing $325,000 in grant awarded through the Ideadvance Seed Fund program. That $2 million program is run by the Wisconsin […]
CIT GAP Fund invests in Ostendio to help healthtech companies with HIPAA
The Center for Innovative Technology GAP Fund has invested an undisclosed amount in Ostendio, a DC-based company that developed a software-as-a-service offering aimed at helping health IT companies better achieve and prove HIPAA compliance. CIT GAP Fund, a group of seed and early-stage investment funds, invests in Virginia-based technology, life science, and cleantech startups. Ostendio was founded by former […]
StartX Looks To Boost Its Investment Program
The non-profit business accelerator StartX has expanded its investment staff as it looks to place more bets into graduates of its Stanford-affiliated program. Founded by a Stanford alum, housed minutes from the university’s Palo Alto campus, and operating a venture capital fund backed by Stanford money, StartX can be seen as the off campus accelerator for dozens […]
Matthews startup gets $75,000 from Innovation Fund North Carolina
TVL International, the Matthews company developing the SmartCharge LED bulb that operates even during a power outage, has won a $75,000 loan award from the Innovation Fund North Carolina. Founder and CEO Shailendra Suman says the money will be used pay for getting the latest iteration of the SmartCharge bulb certified by Underwriters Laboratories, as […]