UNC to receive $65 million through hedge fund partnership for medical research
An investment management firm has committed $65 million in funding to UNC to accelerate the development and creation of new medicines. The University is partnering with Deerfield Management to form Pinnacle Hill, LLC. Pinnacle Hill will manage funding to approved projects and provide drug development expertise across a wide range of therapeutic areas, according to […]
UC San Diego and Invention Science Fund Collaborate to Create New Technology Startups
Invention Science Fund (ISF), the incubator arm of Intellectual Ventures, and San Diego’s Legler Benbough Foundation will contribute $1 million in combined sponsorship funds to the Institute for the Global Entrepreneur (IGE) at the University of California San Diego to help accelerate new startup companies. The collaboration launches today and seeks to accelerate the transition of technology to the marketplace. The […]
New innovation fund creates avenue for translational research at University of Oregon
The timeline for translating some UO research innovations into new products and businesses is about to get shorter thanks to a new seed grant program announced by the Office of the Vice President for Research and Innovation. The VPRI Innovation Fund will provide grants of $25,000 to $75,000 to qualifying UO faculty members to cover the […]
U Utah Center for Technology & Venture Commercialization Announces Fall 2018 Seed Fund Recipients
The University of Utah’s Center for Technology & Venture Commercialization has announced the recipients of its second round of seed funding. Awardees include an LED facial-recognition camera for mobile phones, a catheter-mounted microscope that helps diagnose cardiac disease and a high-voltage lithium battery that maintains consistent energy intensity. TVC formed the seed fund in early […]
Anderson Center Accepting Applications for Boyd Venture Challenge
Student-owned start-up businesses seeking funding can now apply to the Boyd Venture Challenge. The seed-fund grant awards up to $20,000 to legally established student start-up companies each fall and spring semester. The competition is hosted by the Anderson Center for Entrepreneurship and Innovation in UT’s Haslam College of Business. The challenge is open to any legally established early-stage […]
Cedars-Sinai graduates 8 startups from its Accelerator program
Eight new healthcare technology companies are the latest to complete the Cedars-Sinai Accelerator program, which helps entrepreneurs bring innovative products to market. As part of this intensive three-month program, each vendor gets an initial investment of $120,000, as well as access to Cedars-Sinai’s clinical expertise and information infrastructure, including hardware, software and digital health technical […]
Two Northeastern startups named MassChallege Boston finalists, competing for $1.5M in cash prizes
Two startups founded by members of the Northeastern community have been named finalists in MassChallenge Boston, a global business accelerator program for companies in the early stages of development. Boston Materials produces strong carbon fiber composite materials that could be used to manufacture sports equipment, aircraft components, and other products to be lighter than ever but equally as […]
University of Minnesota students take on startup investing with Atland Ventures – Minneapolis
With no class to take on venture capital investing, some University of Minnesota students decided to start doing deals instead. About two years ago, a group of business students quietly launched what became Atland Ventures, a VC fund with about $150,000 in capital under management. An alumnus who wished to remain anonymous provided the group […]
Michigan alum raises $137 million for startups
Base10 Partners, a venture capital firm co-founded by Thomas James Nahigian, a University of Michigan Ross School of Business alum, and Adeyemi Ajao, has recently raised $137 million for investment in the name of “automation for the real economy.” This marks what is believed to be the largest debut for a venture capital firm led […]
$13M state investment revitalizes Cornell Food Venture Center
Food entrepreneurs in New York are getting a big boost from advanced technologies and facilities now available at the Cornell Food Venture Center (CFVC). The renovated CFVC pilot plant reopened Oct. 4 at a ribbon-cutting ceremony celebrating the enhanced capabilities of the state-of-the-art facility. The renovations were made possible through more than $13 million in […]