Stony Brook Announces Four Finalists for Inaugural Discovery Fund Award
Sometimes you just have to do it yourself. That’s what theStony Brook Foundation did in establishing The Discovery Fund, which supports pioneering scientific breakthroughs with philanthropic giving in response to declining federal grants for basic research. Now, the finalists for the inaugural Discovery Fund Award have been selected and will compete for up to $200,000; the recipient(s) […]
UMass records best-ever year for startup businesses, $2M in POC Funding
The University of Massachusetts created six new startup companies within the past year, its best-ever annual performance, and set new records for patent applications and the number of faculty members disclosing inventions, President Caret said today. The new companies reflect the University’s increased focus on coaching, mentoring and providing other services and support to help […]
UTexas-San Antonio honors eight researchers at second annual Innovation Awards
UTSA President Ricardo Romo, Vice President for Research Mauli Agrawal and the UTSA Office of Commercialization and Innovation recognized eight UTSA faculty members yesterday at the university’s second annual Innovation Awards luncheon. The UTSA Innovation Awards program recognizes UTSA researchers who have contributed to the university’s entrepreneurial ecosystem by securing patents and/or commercial licenses to protect, develop and […]
NC State’s Chancellors Innovation Fund Has Backed 23 Projects, Secured $4.2M in Follow-on Funding
In four years, 23 projects have earned funding from the CIF. The $1.3 million invested in them has generated $4.2 million in follow-on funding and $460,000 in licensing revenue for the university, as well as launching six startup companies. Each year, roughly 75 faculty members file CIF proposals. After initial screening, finalists pitch their technology development […]
Ottawa, Quebec pitch in on $279M innovation fund – Business – CBC News
The federal government and Quebec’s provincial government have pledged to pitch in $1 for every $2 raised by the private sector to backstop an investment fund that’s supposed to target innovative companies in the province. Finance Minister Joe Oliver was in Montreal on Monday alongside his provincial counterpart Carlos Leitao to announce the government support […]
North Dakota investor Dakota Venture Group backs marketing-tech startup Buzz360
Eagan startup Buzz360 has closed on $385,000 in financing with backing from North Dakota investors, including a student-run venture fund. The marketing-technology company will put the capital toward ramping up sales and marketing of its software. Dakota Venture Group, a Grand Forks-based fund run by University of North Dakota students, led the equity component of […]
Update on University of Illinois Proof-of-Concept Program
Last spring, the University launched the Illinois Proof-of-Concept fund (I-POC) to help bridge the gap between University innovations and the marketplace by funding research and development that will demonstrate an innovation’s market viability to potential investors and partners. In the first round, five faculty projects were funded. Recipients included: Kaustubh Bhalerao, from the […]
University of New Hampshire Unveils Initiatives Designed to Increase Commercialization Success
In an effort to expand entrepreneurship throughout the university and the state, the public research institution announced that it has established a new center, The Peter T. Paul Entrepreneurship Center, as well as a mentoring network and a seed fund. They will use the research output of faculty, staff and students to drive economic development […]
Outside Michigan investors pair with University entrepreneurs
In an effort to secure a more sustainable cycle of funding and donations, the Center for Entrepreneurship has paired with two different venture capital firms to continue supporting entrepreneurial endeavors throughout Ann Arbor and Michigan. Seven individuals, five of whom are affiliated with Michigan eLab and two of whom are associated with Pinnacle Ventures, have […]
University of Iowa start-up VIDA attracts $2.5M in funding
A Coralville-based medical software start-up born out of the University of Iowa has attracted $2.5 million in funding. Vida Diagnostics said Wednesday that it has received $2 million in funding from Next Level Ventures, a Des Moines venture capital firm created to invest in Iowa companies. That investment comes on top of a $500,000 loan […]