Notre Dame IDEA Center launches 27 startup companies in first year of operation
The IDEA Center at the University of Notre Dame surpassed its goal of creating 16 faculty and student startup companies in its first year by launching 27 companies between July 2017 and June 2018. That number nearly equals the total number of startups, 33, in the University’s entire 175-year history prior to 2017-18, and it exceeds by […]
Purdue Ag-celerator invests $100,000 in two plant science startups – Purdue University
The Purdue Ag-celerator Fund has invested a total of $100,000 in two plant science startups for the spring round of investments. The recipients are JUA Technologies International LLC, a startup building multipurpose crop dehydrators, and ZeaVaxx LLC, a startup developing a plant-derived nanoparticle that can improve animal vaccines. “The Ag-celerator is moving into the third year in its goal to […]
Purdue Foundry Fund Makes More Investments
The Elevate Purdue Foundry Fund has invested more than $500,000 into 11 Purdue University startups. The funding includes five companies receiving $80,000 each for achieving “Gold Award” investment status. The fund is a joint venture between private venture development organization Elevate Ventures and entrepreneurship and commercialization accelerator Purdue Foundry. Purdue Ventures Managing Director John Hanak […]
$115,000 funding awarded to Purdue researchers, advance innovations to commercialization
Four Purdue University researchers will share nearly $115,000 in funding from the Trask Innovation Fund to further develop their innovations and move life-changing technologies through the commercialization pipeline. Twice annually the Trask Innovation Fund awards funds through an endowed development program that assists faculty and staff whose discoveries are being commercialized through the Purdue Research Foundation’s Office of Technology Commercialization. […]
LA-based venture fund to support Purdue research, technologies, startups
Los Angeles-based Kairos Ventures and Purdue Research Foundation today announced a partnership to bring substantial venture funding support to Purdue University research, technologies and startups with high commercial potential. The collaboration provides additional leverage for Purdue’s startup ecosystem and supports investments in companies commercializing Purdue’s intellectual property. “The Kairos partnership with Purdue opens a whole […]
Purdue business competition awards $115,000 to 12 winning student startups
The Burton D. Morgan Business Model Competition awarded 12 student startups funding totaling $115,000. Purdue University’s Center for Entrepreneurship hosted the final presentations in late February. The top three winners received a total of $55,000 in funding. First-place winners included Spiro Therapeutics, awarded $25,000; MediTrack awarded $15,000 and Incas Diagnostics awarded $15,000. The Burton D. Morgan Business Model Competition […]
IU creates $15 million Philanthropic Venture Fund to develop innovations, businesses
A newly created evergreen fund managed by the Indiana University Research and Technology Corp. will provide capital to faculty, students and staff at all IU campuses to help them further develop their research and innovations into startup companies. The IU Philanthropic Venture Fund was originally envisioned in the Bicentennial Strategic Plan as part of the university’s continuing […]
Purdue, NSF ‘Phase 0’ pilot program to benefit Indiana startups
Purdue University and the Krannert School of Management will help early stage startups in Indiana commercialize their technology through the National Science Foundation’s “Phase 0” pilot program. Purdue is one four institutions that make up NSF’s Midwest Innovation Corps (I-Corps) Node, which is one of seven university clusters across the country selected to pilot the new program. Under Phase […]
Schurz Communications awards funding to four Purdue student startups
Schurz Communications Innovation Challenge, an incubation competition for student entrepreneurs working in online and mobile media technology, awarded funding to four Purdue University startups. The competition provided a total of $10,500 in cash prizes to four startups. The Purdue Foundry in the Burton D. Morgan Center for Entrepreneurship hosted the competition. As first-prize winner, One-Man […]
Purdue-affiliated life sciences startup wins first place and $25,000 in BioCrossroads competition
LoDos Theranostics LLC, a Purdue-affiliated life sciences startup, received the first-place prize at the New Venture Competition hosted by BioCrossroads. You-Yeon Won, a professor in Purdue’s School of Chemical Engineering, and Rachel Kim, an MBA graduate from MIT Sloan, co-founded LoDos Theranostics to develop radio luminescence therapy. This technology is a nanoparticle ultraviolet radiation technique that […]