UMASS announces $200,000 in Tech Development awards

New technologies aimed at extending battery life, preventing bedsores and rapidly diagnosing a mutated gene that causes ALS could get closer to market thanks to $200,000 in seed funding announced today by University of Massachusetts President Marty Meehan. Eight UMass faculty projects will receive $25,000 each via the Technology Development Fund, which helps bring cutting-edge […]

State of Massachusetts Awards $455,000 in Clean Energy Grants to Massachusetts Cleantech Innovators

The Baker-Polito Administration today awarded $455,000 in funding to seven early-stage researchers and companies developing innovative clean energy and water technologies across the Commonwealth. The funding, which comes from the Massachusetts Clean Energy Center’s (MassCEC) Catalyst program, will support clean energy and water research in Boston, Cambridge, Lowell, and Somerville. The announcement was made by […]

TEDCO has new money to close your startup’s funding gap 

TEDCO has new funding for startups who are past the seed funding stage but not quite ready for VCs. Maryland’s quasi-public agency that helps early-stage companies received $1 million from the state to create the Gap Investment Fund. The funding was provided in Gov. Larry Hogan’s 2018 budget, which passed the General Assembly during its recently completed 90-day […]

MISTI funds over 80 MIT faculty projects for $1.6M

From building architectural structures with 3-D printing and drone technology, to combatting drought around the world with a symbiotic ensemble of renewable energy systems, hydropower, and desalination, MISTI Global Seed Funds (GSF) awardees help to solve the world’s challenges through collaborations with their international peers. MISTI GSF projects have led to published papers, subsequent grants, […]

NSF $500K grant to fund entrepreneurial growth at Mississippi State University

Mississippi State University received nearly half a million dollars from the National Science Foundation to launch a program to strengthen innovation and entrepreneurship in the Golden Triangle Region. A $495,300 grant from the NSF will launch a new Innovation Corps site at MSU. The I-Corps program teaches grantees to identify valuable product opportunities that can […]

New Mexico State University’s AgSprint accelerator selects first participants

Six promising startup companies that are developing technology in all areas of agriculture have been selected for a new accelerator program at New Mexico State University’s Arrowhead Center. The AgSprint accelerator, part of the Arrowhead Technology Incubator, is a five-month venture-builder program designed to support innovation in agriculture by connecting agricultural entrepreneurs to financing, demonstration […]

Invent Penn State’s Fund For Innovation helps start seven new ventures

A little less than two years after the launch of the Fund for Innovation, Invent Penn State has backed nearly 50 emerging Penn State technologies and has provided startup funding to promising new ventures that were born out of the program. “Although many universities have commercialization programs,” said Vice President for Research Neil Sharkey, “the […]

Houston Methodist Receives $21M Commitment to start three new funding programs

Houston Methodist recently received a $21 million commitment – the largest nonestate pledge in its almost 100-year history – to speed up the development of new treatments and therapies for patients suffering from injury and illness. The Houston Methodist Research Institute will use this gift from the Jerold B. Katz Foundation to support translational research, […]

Company founded by two Marquette University researchers raises $26 million in funding 

Promentis Pharmaceuticals, a Milwaukee company co-founded by Drs. John Mantsch and David Baker, researchers from the Marquette University College of Health Sciences, raised $26 million, including $17.2 million in its third funding round. OrbiMed, F-Prime Capital Partners (formerly Fidelity Biosciences) and Aisling Capital were the lead investors. This is exceptional syndicate of investors, particularly for […]