UH launches $2M research fund to commercialize new technologies 

The University of Houston System has launched a $2 million research fund to help faculty commercialize new technologies. The Chancellor’s Technology Bridging Fund announced Thursday will offer grants to help faculty build prototypes or test their technology under industry-relevant conditions — stages of development that don’t typically receive basic research funding. “The Technology Bridging Fund will fill […]

CIT GAP Funds Makes Follow-On Investment in 4stay to Support Rapid Growth

The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has made a follow-on investment in Arlington, Va.-based 4stay, an online marketplace for student housing that connects students, interns, and professionals with local hosts, roommates, and room providers. Since the GAP Funds’ original investment in late 2018,  4stay’s management team has doubled down on their efforts […]

UI, OSF research partnership on medical innovations getting $50 million boost

A new process for “bioprinting” individualized human heart models, to help surgeons practice for heart operations. A virtual-reality training program for intubations, now being used by medical institutions across the U.S. and abroad. A simulator to train medical professionals how to connect patients to machines that pump and oxygenate blood outside the body when the […]

MIT Solve launches an Innovation Fund to back impact startups

As the executive director of MIT Solve, a tech incubator launched in 2016 that sources and supports solutions to global challenges, Alex Amouyel has watched the social-impact innovation landscape evolve significantly in the last three years. Each year, Solve issues a set of four challenges that cover sustainability, health, economics, and education. Past challenges have asked questions like: How can […]

1717 Innovation Center to launch new accelerator for Richmond nonprofits 

Just weeks after gaining its first accelerator focused on nonprofits, Richmond snagged a double dose. Applications opened Monday for @1717, a new nonprofit accelerator run by Capital One’s 1717 Innovation Center. This fall, Richmond’s resident banking giant and 1717 are piloting the program, which aims to support Richmond-area nonprofits in expanding capacity to help them […]

CIT’s Virginia Founders Fund Invests in Fringe to Change the Way Employers Offer Benefits

The Center for Innovative Technology (CIT) announced today that the Virginia Founders Fund has invested in Richmond, Va.-based Fringe. Founded in 2018, Fringe is the first employer benefits marketplace. The platform offers employers an easy and cost effective way to manage their perk programs, and gives employees the opportunity to pick the benefits that matter most […]

Startups, UCSD Team Up on Tech-Heavy Hub

UC San Diego has struck a partnership with local startup group EvoNexus, hoping to funnel more of its students and alumni into Evo’s new incubator for startups working on financial technology, or “fintech.” EvoNexus, one of San Diego’s most popular and most competitive startup incubators, announced in April that it was expanding to form a separate […]