Ben Franklin’s Energy Commercialization Institute awards translational research grants to area universities
The Energy Commercialization Institute (ECI), the region’s first university-based energy commercialization partnership, has awarded $500K to five university-based translational research and commercialization projects. The funding is intended to jump start promising technologies and help build southeastern Pennsylvania’s alternative energy infrastructure.
Invest Illinois supports four Champaign-Urbana area start-ups
Four startup companies with ties to the Champaign-Urbana area have been approved to receive equity investments from the state’s new Invest Illinois Venture Fund.
Pure Michigan Venture Development Fund Accepting Applications
LANSING– The Michigan Economic Development Corporation has announced that the Michigan Strategic Fund is targeting to invest up to $9 million to help grow the venture capital industry in Michigan.
GlobeSherpa, a Portland State student-led venture, moves forward in convenient transit application
Riding TriMet buses and trains in Portland may soon become a paperless, machine-less and generally more convenient experience ifGlobeSherpa has anything to say about it. The 2-year-old company has created a mobile system that lets riders buy tickets on their phones. The completely paperless platform would also give TriMet an easier way to manage operations and even provide […]
Few Awards Lead to Frustrations at Third Frontier Fund, Others Point to Recent Program Changes
Many of the people in charge of the Ohio Third Frontier program aren’t happy. Several members of the Third Frontier Commission and Advisory Board expressed deep frustration over the relatively meager number of awards that the technology-focused economic development program has made during fiscal year 2012, which ends on June 30.
Gap Funding Helps University of Illinois at Chicago Professors Commercialize Discoveries
Four technologies being developed by University of Illinois at Chicago researchers have been awarded the first UIC proof-of-concept gap funding grants, designed to help UIC faculty transition their inventions from the laboratory to the marketplace.
BC Discovery Fund’s portfolio company, Avigilon Corporation, receives emerging company award
VANCOUVER, BRITISH COLUMBIA, Jun 20, 2012 (MARKETWIRE via COMTEX) — British Columbia Discovery Fund (VCC) Inc. is very pleased to announce that its portfolio company Avigilon Corporation, a leader in high-definition (HD) and megapixel video surveillance solutions, earned the prestigious “Company of the Year” award at the recent 2012 British Columbia Technology Industry Association (“BCTIA”) […]
Alaskan 49th State Angel Fund Is Ready to Roll
Alaskans are full of great ideas. We’ve dreamed up making facial cream out of glacial silt and turning salmon into vodka. But to make money, you need money. And that’s where the 49th State Angel Fund comes in. This spring, the Municipality of Anchorage received a $13.2 million federal allocation to establish the 49th State […]
$20 Million W Fund, Focusing on Research Spinouts, Open for Business
We’ve been hearing about a new investment fund for university spinouts in Washington state for close to two years. Starting today, the W Fund is officially ready to start cutting checks—and it’s already started investigating promising research projects from colleges and government R&D labs around the state.
REDI, a University of Missouri-partnered initiative, eyes new seed fund
A “huge issue,” MacLellan said, is establishing a seed fund to help startups. Often, entrepreneurs with ideas need a small amount of capital to test the viability of their idea before they can take it to the bank for a loan or raise investment capital. MacLellan said a fund that could provide seed money in […]