University of Iowa start-up VIDA attracts $2.5M in funding

A Coralville-based medical software start-up born out of the University of Iowa has attracted $2.5 million in funding. Vida Diagnostics said Wednesday that it has received $2 million in funding from Next Level Ventures, a Des Moines venture capital firm created to invest in Iowa companies. That investment comes on top of a $500,000 loan […]

University of Iowa Accepting Pre-Proposals For Commercialization GAP Fund

The University of Iowa Research Foundation announced today that it will begin accepting applications for its Commercialization GAP fund program. The UIRF Gap Fund is a phenomenal example of a proof of concept and seed fund managed and sustained by university foundation/tech transfer management through a campus-wide integrated approach through its Centers for Enterprise programs.

DMU spinout, CYP Design, lands venture support for drug discovery approach

A firm of venture capitalists has given its backing to technology which could help speed up the discovery of new drugs and medicines. Leading start-up funder Mercia Fund Management has invested in CYP Design Ltd, a spin-out company from the Leicester School of Pharmacy at De Montfort University (DMU). The company was founded to market new technology […]

Three U of Iowa companies land $750K from state’s acceleration fund

Three companies with ties to the University of Iowa have obtained $750,000 in funding from the state to expand their businesses, create jobs, and further develop their products. Memcine Pharmaceuticals, Inc., NanoMedtrix, LLC, and Iowa Approach, LLC were awarded direct financial assistance from the Iowa Economic Development Authority. The funding is designed to help these and other […]

Iowa State announces $300m in proof of concept awards

Three projects received awards under a smaller, proof-of-concept category. These awards provide pursuit funds for emerging research areas that are more limited in scope or require proof of concept before investigators can pursue larger funding. Each project will receive up to $100,000 for one year

University of Iowa Accepting Pre-Proposals For Commercialization Awards Program

UIRF is accepting pre-proposals for the 2013 commercialization award program. Despite the delay in the Iowa state final budget approval, UIRF is now accepting pre-proposal innovation summaries. As we did last year, we will work with PIs to perform IP and market assessments on each summary. Pre-proposals successfully completing these assessments will be asked to submit […]

Iowa Demonstration Fund Creates 600+ New Jobs, Millions In Tax Revenue

A state fund that provides financial and technical aid to spur the growth of high-tech firms has helped to create at least 600 new  Iowa jobs over the past five years and generated $2.1 million in tax revenue from these firms in 2012 alone, a new report shows. The “Demonstration Fund” was established in 2007 […]

University of Iowa Research Foundation increases proof of concept capabilities

Before this year, the foundation had been able to finance the proof of concept research through the state’s Grow Iowa Values Fund (GIVF). Last year, the foundation doled out $525 thousand in grants, with each grant ranging from $10,000 to  $50,000. But this year, foundation officials were not sure if they would receive funding from […]