University of Illinois-UC announces Fall 2012 gap fund award winners

The Office of Technology Management (OTM) is very pleased to announce the granting of the second Proof of Concept (POC) Gap Funding Awards. A total of 44 projects from across the UIC Campus were submitted to the OTM for review. Eight finalists were then chosen to submit full proposals and “pitch” their product ideas to […]

University of Minnesota announces two venture funds

The University of Minnesota plans to launch two venture capital funds next year, one of which will invest in startup companies that license university technology. The fund backing university startups will total $20 million in size and will make seed-stage investments over a 10-year period. A separate $50 million fund will invest in startups nationwide. The university’s […]

U Washington spin-out, Kona Medical, lands Series C funding

Kona Medical Inc. has raised $10 million in new Series C equity and debt financing.That brings its Series C total to $40 million, including $30 million raised in May. The Series C round included two large-cap strategic investors who joined with prior investors Essex Woodlands, Domain Associates, Morgenthaler Ventures, Western Technology Investments, BioStar Ventures, and individuals […]

Oklahoma University, Oklahoma State, Cowboy Tech, and i2E partner in proof of concept center,fund

A collaboration between the University of Oklahoma, Oklahoma State University, Cowboy Technologies, LLC, and Innovation To Enterprise (i2E) promises to increase jobs and greatly enhance the number of new technologies that are spun out of university laboratories and into the marketplace. It will also accelerate the number of technology-based ventures in Oklahoma. A Memorandum of […]

Recent overview of US Office of Innovation and Entrepreneurship initiatives

A complete overview of the background and planned initiatives from the US Office of Innovation and Entrepreneurship, including: i6 Challenge National Advisory Committee on Innovation and Entrepreneurship Interagency Working Group on Technology Transfer High Education Forum Full Deck: http://www.slideshare.net/3helix/us-office-of-innovation-and-entrepreneurship-overview#btnPrevious

University of Kansas launches POC fund, will award $200K this year

The University of Kansas has created a new way support KU research projects that are close to commercialization, university officials said in a news release. The new Proof of Concept (POC) Fund will provide money to help research projects for one year to make the technologies more attractive for private investment. The fund will support […]

Pennsylvania governor puts dollars behind innovation initiatives, new funding programs

To position Pennsylvania as a national leader for technology development, Gov. Tom Corbett’s administration announced today the awarding of new investments to support business, community and university-based innovation. “The governor is committed to providing our start-up companies and entrepreneurs with the resources they need to grow here and stay here,” Department of Community and Economic […]