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. […]
University Of Maryland, Baltimore Invests $100,000 To Complete Harpoon Medical’s $3.6M Series A Financing
University of Maryland (UM) Ventures and Harpoon Medical, Inc. announced today that the University of Maryland, Baltimore (UMB) has invested $100,000 in Harpoon Medical. This is the first equity investment UM Ventures has made in a company and completes Harpoon Medical’s $3.6M Series A financing. The investment also coincides with the U.S. PTO’s decision to […]
Houston venture capital firm opens Ann Arbor office headed by U Michigan Graduate
University of Michigan graduate and serial entrepreneur Adrian Fortinio will lead a new office for the Houston-based Mercury Fund–a venture capital firm–according to a report in Crain’s Detroit Business. Fortino co-founded FlockTag and was a vice president at Invest Detroit before being tapped to lead Mercury’s new Ann Arbor office. The firm, which raised more […]
Cornell University’s Binoptics sold to Massachusetts company for $230M
Ithaca laser-technology company Binoptics is being bought by M/A-Com Technology Solutions of Lowell, Mass., for $230 million in cash, the company announced Wednesday. Binoptics, in business since 2000 using technology developed at Cornell University, develops and makes semicondutor microchip lasers for equipment in the data and telecommunications industries that use light energy rather than electricity. […]