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 […]
New seed fund at OU to encourage student entrepreneurs
Ohio University’s Center for Entrepreneurship, a partnership between the College of Business and the Voinovich School of Leadership and Public Affairs, will launch the Bobcat Seed Fund this month to provide grants up to $3,000 to support promising ideas and ventures proposed by Ohio University student entrepreneurs, according to a news release. This program is […]
Michigan State U opens accelerator center for food development, commercial distribution
Michigan State University (MSU) opened this week its new Food Processing and Innovation Center (FPIC), an incubator designed to help food businesses and startups develop and release products. Clients can rent the facility, then use it to produce, process and package their products for about $3,000 per day. The goal of the center is to […]
IU Philanthropic Venture Fund commits $500,000 to drug development company
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 committed to invest $500,000 in Indianapolis-based NERx Biosciences Inc. as part of $2.2 million bridge round. The company discovers and develops targeted therapeutics for cancer treatment. John […]
Ohio Christian University’s president on enrollment, construction and entrepreneurial start-ups
John Kulaga sees Ohio Christian University as an important partner in Pickaway County’s educational and economic development efforts. Kulaga, president of the Circleville school since last year, said to reach not only the school’s business students, but also the community at large, Ohio Christian last August launched the Robert W. Plaster Free Enterprise Center. “We are a […]
WEDC accelerator awards grant to support startup businesses in southeastern Wisconsin
The Wisconsin Economic Development Corporation (WEDC) has awarded the Wisconsin Women’s Business Initiative Corporation (WWBIC) an $80,000 grant to support its Growth Accelerator program, which will help 10 entrepreneurial teams start or grow their businesses. The grant will enable WWBIC to conduct two intensive, 10-week Growth Accelerator classes with five teams in each – one […]
UAB establishes $500,000 innovation fund to support university start ups
The Bill. L. Harbert Institute for Innovation and Entrepreneurship at The University of Alabama at Birmingham has established a $500,000 Innovation Fund to support the development of early-stage discoveries and promising new university startups. Jan. 1, 2019, UAB whose research has demonstrated commercial potential may apply for up to $35,000 in funding to further develop […]
U Wyoming Fisher Innovation Launchpad Names Winners
Five innovative businesses created by University of Wyoming graduate students were named winners of the Fisher Innovation Launchpad this week. The five businesses will each receive seed funding from a $125,000 fund; office space in the Wyoming Technology Business Center (WTBC) for one year; and business counseling. The Fisher Innovation Launchpad, which began in 2016 […]
2018 Fall Cohort Finalists Selected for the UChicago Innovation Fund
The Polsky Center for Entrepreneurship and Innovation at the University of Chicago has announced the five companies moving on to the fall finals of the 2018 University of Chicago Innovation Fund. Each of the finalists will present their ventures to the Innovation Fund advisory committee and public audience in an event hosted by the Polsky Center […]