Rolls-Royce To Open Turbine Lab at Purdue University
s part of a public-private partnership Rolls-Royce will establish a $24 million turbine lab for compact gas turbine engines at Purdue University in West Lafayette, Indiana. Development and testing of next-generation turbine airfoils will be housed at Purdue’s Zucrow Laboratories, one of the nation’s largest university propulsion laboratory for research focused on reducing fuel consumption […]
Zone Startups India floats early-stage VC fund to back tech startups, backed by Ryerson University
Mumbai-based technology startup accelerator Zone Startups India has launched an early-stage venture capital fund to back software startups with a focus on mobile technology and enterprise tech. Christened as Zone Startups India Fund, the fund is backed by Toronto-based startup accelerator Ryerson Futures, the investment arm of Ryerson University and the Chokhani family office. Citing […]
Rutgers University Launches TechAdvance Funding Program to Advance Inventions Toward Commercialization
TechAdvance, a new early-stage technology development fund created to bring innovative technologies invented by Rutgers researchers closer to commercialization, was launched through the university’s Office of Research and Economic Development (ORED). Offering grants of up to $100,000 for Rutgers faculty and students to help advance promising technologies toward commercialization, the TechAdvance program was created by […]
NJ State and Digital Jersey in new start-up fund talks
DISCUSSIONS about what to replace the Jersey Innovation Fund with in order to help start-up businesses have been held between the States and Digital Jersey. The Jersey Innovation Fund was frozen earlier this year after a damning report by Comptroller and Auditor General Karen McConnell found that serious failures had been made in the running […]
Venture capital firm bets on New Mexico
When Brian Birk, the managing partner of Sun Mountain Capital, talks about venture investing in New Mexico, his voice projects an almost evangelical fervor. The man is a believer: “New Mexico is a technically sophisticated place with a very deep talent pool,” he said. “Look at Silicon Valley. There are startups everywhere, but little innovation. […]
FSU faculty win GAP awards to take science from lab to market
Three Florida State University faculty members will receive financial support from the university to transport their innovative research from the laboratory to the marketplace. The Office of the Vice President Research will split a pot of $110,000 among three researchers to build a new education application, a technology to track ocean currents and a novel […]
InNEVenture Fund to ramp up commercialization at U Nevada
A new source of proof-of-concept funding has been established to help University of Nevada, Reno faculty, students, staff and recent graduates determine if their technologies and business ideas have commercialization potential and help them navigate the gap between concept validation and obtaining seed funding for their venture. Applications are being accepted through Tuesday, Oct. 12, […]
U Akron and Lorain County CC startups O2 RegenTech, Vlipsy receive $225K in Innovation Fund investments
Two area companies were among six tech startups to receive a share of $225,000 in the round of investments announced by Innovation Fund Northeast Ohio. The startups will use the money to test technologies and prove business models, according to an Innovation Fund news release. O2 RegenTech of Akron, a medical device company focused on […]
University City Science Center QED Program Call for Submissions for $2M+ in funding
The University City Science Center is seeking proposals for its QED Proof-of-Concept Program. Academic researchers with technologies ripe for commercialization, and who are affiliated with the 21 partner academic and research institutions in Pennsylvania, New Jersey and Delaware, are encouraged to submit proposals. QED, now in its tenth round, is the first multi-institutional proof-of-concept program […]
MIT Engine Funnels Millions Into On-Campus Startups
Universities are home to innovation and new technologies, but some of the big ideas coming out of school labs may never become a reality. Turning them into viable businesses requires money, patience, and investor appetite. But thanks to dozens of university venture capital funds that have cropped up in the United States in recent years, smart […]