Notre Dame’s IDEA Center Launches Startups
A business incubator at the University of Notre Dame doubled in 2019 the number of startup businesses it helped launch in the previous two years combined. The IDEA Center says 32 young companies were put in motion last year, bringing the total number of startups to 64 since the IDEA Center began in 2017. “Startup […]
IN IUPUI Center to Create ‘Centralized Focus’ on Innovation
A soon-to-be established center at IUPUI will attempt to foster innovation among students. The university last month received a $50,000 grant from Indianapolis-based Elevate Ventures to create the Center for Student Innovation. Elevate says the center will market various entrepreneurial efforts on campus to students and faculty, and facilitate engagement. Christian Rogers, who will serve as director […]
IU Philanthropic Venture Fund invests $250,000 in Qumulex, a cloud-based security solution provider
IU Ventures has invested $250,000 in Qumulex, a company poised to transform the video surveillance and access control industry by unifying video surveillance and access control with cloud storage and accessibility. The investment is part of a Series Seed II funding round. Qumulex is developing a platform of security solutions, including both hardware and software, for the […]
Purdue Foundry unveils first DDX cohort
WEST LAFAYETTE, Ind. – World changing. High growth. The Purdue Foundry has unveiled its first cohort for the Double Down Experiment (DDX), which includes nine businesses ready to reach the next level with technologies designed to advance the world. The nine businesses were selected by the Purdue Foundry staff from among the 253 companies the organization has […]
IU Angel Network launched by IU Ventures to support early-stage startup activity
IU Ventures has announced the creation of the IU Angel Network. The program is designed to connect qualified investors with an Indiana University affiliation to early-stage startups led by members of the IU community. The IU Angel Network is led by Tedd Green, executive in residence at IU Ventures, who said the new program fills a vital […]
IU Ventures announces new slate of startup support and investment programs
IU Ventures, formerly the Indiana University Research and Technology Corporation, has announced new programs designed to foster connections among investors, IU faculty, students and entrepreneurs throughout the global IU community to support, invest in and grow innovative new enterprises with IU affiliations. In the past, IU Ventures had a broad engagement focus, dealing with both […]
Four startups advance through investments totaling $80,000 from Elevate Purdue Foundry Fund
Elevate Purdue Foundry Fund has announced that it has awarded a total of $80,000 in investment funding to four Purdue University-affiliated startups. The four startups, representing sectors from cybersecurity to agriculture, were selected to receive tier-one “Black Award” investments of $20,000 each. The startups are Covert Defenses, BDYWR, Rogo Ag LLC and C2 Medical Robotics Inc. Covert Defenses […]
Fragile X Treatment Under Development Gets $200K From Indiana Venture Fund
An Indiana University-affiliated venture fund has invested $200,000 in Confluence Pharmaceuticals to continue development of the company’s lead product for the treatment of fragile X syndrome. Along with AOP Orphan Pharmaceuticals, Confluence is developing a novel, clinically discovered adult and pediatric therapy for social and communication impairments related to fragile X and autism spectrum disorders. Based on the […]
The Quarry has launched to provide resources for IU faculty, staff entrepreneurs
BLOOMINGTON, Ind. — Indiana University faculty and staff at all campuses and regional academic centers who are interested in launching startups can now receive assistance and support through The Quarry, an entrepreneurial support mechanism launched by the IU Research and Technology Corp. IURTC launched The Quarry to improve upon the services previously offered through the […]
Ag-Celerator announces next round of $100,000 available to advance Purdue agricultural innovations
Startups based on Purdue University plant science innovations are eligible to apply for the next funding round of the Ag-Celerator with $100,000 in cash prizes to be awarded. The purpose of this twice-a-year competition is to provide entrepreneurs interested in creating a startup and commercializing their technology with the initial funds to do so. Funding will be […]