Georgia Metro Chamber sets $20M goal for state-run venture fund
After the new state-run venture capital fund received its initial appropriation very late in last year’s legislative session, the Metro Atlanta Chamber is taking no chances with a new round of funding. Chamber officials are lining up early support for another $20 million for Invest Georgia to go with the $10 million Gov. Nathan Deal […]
A billion in VC funding is real money for Chicago
More venture capital flowed into Chicago startups in 2014 than any year since the dot-com boom 15 years ago, topping $1 billion. But while all that cash makes it easier to launch and grow a company here, funding levels still lagged behind those of other big cities. The year started off anemically, with barely more […]
Innovate NY broadens reach of new fund for startups
The Innovate NY Fund has had a huge effect on the startup community in Buffalo, particularly the $5.1 million allocation that flows through Z80 Labs. Innovate NY totals $45 million — $35 million from the state and $10 million from Goldman Sachs — and is a fund-of-funds model, where smaller portions are administered by individual […]
MIT-Israel-BGU Seed Fund Approves Five Projects
The MIT-Israel-BGU Seed Fund recently approved several joint research proposals for funding, supporting new collaborations between faculty and research scientists at MIT and their counterparts at Ben Gurion University. The grants extend over the period between January 2015-August 2016. Some of the approved proposals include “Self-Sustained Agriculture Based on Marginal Water,” “Improving the Delivery of […]
MariSol Federal Credit Union Donates $4,000 to Fund South Mountain Community College Student Venture Pitch Competition
South Mountain Community College’s (SMCC) Community Entrepreneurship Center receives a $4,000 donation from Marisol Federal Credit Union (FCU) to fund student venture pitch competitions (SVPC). The SVPC provides students the opportunity to take an idea for a new product or business and develop a plan to introduce it to the marketplace or to present new […]
University of Chicago Innovation Fund Awards $400,000 to 4 Startups
Four startups affiliated with the University of Chicago received part of a $400,000 investment from the UChicago Innovation Fund, a five-year-old initiative managed by the Chicago Innovation Exchange that invests in promising early stage projects run by university students, staff and faculty. Since 2010 the fund has invested more than $2.5 million in more than 30 projects. […]
Wichita State University Ventures announces winners of $100K in innovation funding
WSU Ventures at Wichita State University has awarded seven innovators with more than $100,000 in funding through the Competitive Innovation Accelerator Shock Tank competition. The projects receiving funding expect to add a combined 90-plus jobs to the Kansas economy by 2018. Winners are: ABI Chemicals’ Peelable Maskant System led by James Havers-Strong: $20,000 Advance Guard […]
University of Albany starts $500K seed fund to help researchers apply for federal funds
The University at Albany is establishing a $500,000 fund to give its researchers seed funding so they can be more competitive in federal funding applications. The fund is part of UAlbany President Robert Jones’ strategy to nearly triple the amount of research expenditures at the public university. Researchers at UAlbany have until the end of […]
Michigan eLab invests in biotech startup for cancer research
Michigan eLab LLC, a venture capital firm founded in Ann Arbor last year by three veterans of Silicon Valley, has made its first local investment in Akadeum Life Sciences LLC, a startup that hopes to make it easier, cheaper and faster to prepare tissue, water or food samples for testing. Michigan eLab invested $150,000 in the […]
Washington State University innovators receive funding from commercialization gap fund
PULLMAN, Wash. – Thanks to grants from the Commercialization Gap Fund (CGF), seven Washington State University researchers are one step closer to realizing the public impact of their innovations. In collaboration with the WSU Office of Commercialization (OC), the recipients will work to reach key development milestones during the 12-month funding cycle. “We are pleased […]