Global venture fund plants office in Miami; will invest in universities
In a positive development for Miami’s developing entrepreneurial ecosystem, venture capital investor Peter Kellner said he will plant his fund’s third office in Miami. Richmond Global Ventures, which also has offices in Silicon Valley and New York, is raising an $80 million to $125 million venture fund focused on early-stage companies around the world and […]
Feds announce new $15 M fund for social innovation research | Academica Group – Research and Consulting for Higher Education
The federal government last week announced the launch of the new Community and College Social Innovation Fund, designed to fund applied research at colleges and polytechnics that addresses social issues including poverty, crime prevention, community safety, and economic development at the community level. The $15 M fund will be administered by SSHRC as a pilot […]
Technology advances earn state innovation awards | ASU News
Arizona Governor’s Celebration of Innovation Awards winners for 2014 include a faculty member and an undergraduate student in the Ira A. Fulton Schools of Engineering at Arizona State University. David Frakes received the Innovator of the Year Award in the Academia category for engineering research and technology development he has led in recent years through […]
Fifth Third helps launch Wayne State University student-managed fund
Fifth Third Bank on Wednesday will donate $100,000 to the Wayne State University School of Business to fund creation of a student-managed investment fund. “We’d like to build the fund as large as possible,” said Robert Forsythe, dean of the business school. The fund, which will invest in public equities, will be managed by students […]
Gener8tor raises $2.1 million for fund to invest in start-ups in Wisconsin
Gener8tor, which runs start-up training classes in Milwaukee and Madison, said Wednesday it has raised more than $2.1 million for a second fund. Gener8tor Fund II is set up to invest in the start-ups — usually about 10 a year — that go through gener8tor’s classes. It also sends a signal that gener8tor is committed […]
University of Washington Next Green Seed Fund proposal deadline Dec. 11
The Green Seed Fund – a grant fund for campus environmental research projects – is accepting proposals through Dec. 11 for the next round of grants. The Green Seed Fund aims to promote and fund research projects that advance sustainable research while contributing to the university’s sustainability goals. The fund was launched in 2013, and […]
Ryerson University/Ryerson Futures Inc. invest up to $80K in deals
The Seed Fund investments may be up to $80,000 including a convertible note plus founders equity stake which depends on the stage of the business. RFI also attracts other non-dilutive funding sources. Initial investors are Relay Ventures and other high net worth individuals. The Fund is set up as a corporation owned by the investors. […]
Ottawa, Quebec pitch in on $279M innovation fund
Finance Minister Joe Oliver was in Montreal to announce appropriation from supervision for a new try collateral fund. (Sean Kilpatrick/The Canadian Press) The sovereign supervision and Quebec’s provincial supervision have affianced to representation in $1 for any $2 lifted by a private zone to uphold an investment account that’s ostensible to aim innovative companies in […]
Medical device startup benefits from Philadelphia seed fund
Two years after the city of Philadelphia launched a $3 million seed fund, the fund has invested in a medical device company — one of four companies to receive investments topping $700,000 and the only healthcare business among them.Velano Vascular received $400,000 from the fund. The medical device company is developing a needle-free approach to […]
New Eagle Repays Funding to Michigan Pre-Seed Capital Fund After Successful Product Launch, Sales
ANN ARBOR, Mich., Nov. 13, 2014 /PRNewswire/ — Ann Arbor SPARK business accelerator client New Eagle recently repaid the $250,000 Michigan Pre-Seed Capital Fund award that it received in 2012. The money will be reinvested in to the Michigan Pre-Seed Capital Fund to support other entrepreneurial endeavors in the state. New Eagle, an engineering firm […]