IU Philanthropic Venture Fund invests in regenerative medicine company Vascugen
The Indiana University Philanthropic Venture Fund, which provides capital to faculty, students, alumni and staff at all IU campuses to help them further develop their research and innovations into startup companies, has invested in Vascugen Inc., a regenerative medicine company. Vascugen is focused on finding therapies to repair human tissue damaged by reduced blood flow due to […]
Ben Franklin Tech Partners names latest funding recipients
Ben Franklin Technology Partners of Northeastern Pennsylvania said its board of directors approved the investment of $486,250 in support of regional economic development for both established manufacturers and early-stage technology firms. Ben Franklin is a nonprofit based at TechVentures at Lehigh University’s Mountaintop campus in Bethlehem. The organization helps startups find funding, establish incubator space, […]
UVa, city, county planning entrepreneurial accelerator
Localities will match funds from GO Virginia grant, if awarded The University of Virginia, Albemarle County and the city of Charlottesville all have pledged support for a program aimed at accelerating the growth of local startups. David Touve, senior director of the i.Lab at UVa, said the proposed Catalyst Accelerator Program would provide workspace, educational […]
Boeing promises Iowa State $6 million for engineering, innovation | The Gazette
The Chicago-based Boeing Company — known worldwide for designing, making, and selling airplanes, rockets, and missiles — has committed $6 million to Iowa State University in hopes of enhancing the educational experience for its students, especially those eyeing engineering paths. A large chunk of the Boeing gift will support construction of Iowa State’s evolving Student […]
U Arizona-focused venture fund invests in alum’s job-matching company
A venture-capital fund focused on University of Arizona spinoffs has announced its fourth investment since its founding last year, backing a Phoenix-based startup with an online platform to help hotels and restaurants quickly find temporary workers. UA Venture Capital Fund LLC participated in funding a seed round of growth capital for Qwick Inc., which was […]
Tel Aviv University and Northwestern University launch joint nanoscience program
A new collaborative venture between Northwestern University and Tel Aviv University brings together researchers and students in the field of nanotechnology through joint research and development projects, student exchange programs and research grants. Under the new partnership, two researchers from each university will receive post-doctoral fellowships supporting two years of research at the partner institution. […]
Alumni to support WVU start-up and entrepreneurship efforts
John Chambers, a West Virginia native and West Virginia University alumni, was announced last week as a major supporter behind WVU’s efforts to promote entrepreneurship and business growth in the state. Along with his knowledge, Chambers will share substantial financial resources with the university, which has renamed their College of Business and Economics in his honor. “I’ve […]
PPL Foundation supports Penn State Schuylkill’s LionLaunch innovation hub
The PPL Foundation has selected Penn State Schuylkill’s LionLaunch program, part of President Eric J. Barron’s Commonwealth-wide Invent Penn State entrepreneurship initiative, for funding. The sustaining grant proposal submitted by campus personnel was awarded funding in the amount of $2,500. Established in May 2016, LionLaunch is a community-based entrepreneurship program that provides funding and mentorship […]
Purdue I-Corps: Guiding entrepreneurs from good ideas to great, market-ready innovations
Shruthi Suresh and Ting Zhang, two Purdue University doctoral students, thought they had a great idea to help blind and visually impaired people. The National Science Foundation Innovation Corps program helped them come up with an even better idea to launch a startup moving their innovation into the public. “The I-Corps program allowed us to get out […]
Penn cell therapy spinoff Cabaletta Bio of Radnor raises $38 million
Cabaletta Bio Inc., a biopharmaceutical startup spun out of the University of Pennsylvania, has raised $38 million in an equity financing and signed an exclusive license agreement with Penn related to T cell therapy. In addition, the Radnor-based company has entered into two multiyear sponsored research agreements with Penn for the discovery and development of […]