UNC, NC State see commercialization thrive as Covid drives innovation

Despite Covid-19 causing worry among many in higher education over valuable revenue streams, research universities in the Triangle say their innovation and commercialization activity has never been higher. Officials tell TBJ that not only has activity continued to thrive throughout the pandemic, the increased demand for innovation around Covid-19 has them busier than ever. “We have not seen […]

NCSU Chancellor’s Innovation Fund Supports Six Promising Projects

Research that starts at NC State doesn’t end here. The Chancellor’s Innovation Fund (CIF) is one way we work to ensure our research reaches the places it’s needed. “As a land-grant university, our mission is to positively impact the lives of the residents of North Carolina and beyond by commercializing state-of-the-art research to solve societal problems,” says Wade […]

NC State’s New Venture Studio Gives Students Entrepreneurship Experience

Few individuals have the opportunity to try their hand at developing a business process or product from the ground up before graduating from college, but Poole College of Management is trying to change that with its new program, the NC State Venture Studio. The Venture Studio, like the college’s Andrews Launch Accelerator, provides NC State students valuable hands-on […]

NCBiotech among grant recipients from Wells Fargo Incubator Fund  

Startups are hurting during this downturn, but the North Carolina Biotechnology Center can now offer one Research Triangle Park company some targeted relief. The Center won a $50,000 grant from the Wells Fargo Innovation Incubator (IN2) program this week to help a local cleantech startup Advanced Animal Diagnostics. In total, 18 channel partners were selected to share the award totaling […]

NC Biotech Center awards $1.8M in grants, loans to startups, universities

RESEARCH TRIANGLE PARK – The North Carolina Biotechnology Center awarded 13 grants and loans totaling $1.8 million to universities and bioscience companies in the third quarter of its current fiscal year. The awards, made from January to March, will support life science research, technology commercialization and entrepreneurship throughout North Carolina. The funding will also help universities […]

Four Wilmington startups score NC IDEA nod

Four Wilmington startups are recipients and finalists of two NC IDEA grant programs, according to an announcement Monday. Wilmington based MyKinfo and Survei are NC IDEA MICRO grant recipients, chosen after a three-month competitive application and selection process. MyKinfo is an early-stage startup that participates in the mentorship program at the University of North Carolina Wilmington […]

Duke University gets $130 million in funding to accelerate drug discovery

Duke University and Deerfield Management Company, a healthcare investment firm,  have created a major translational research collaboration with $130 million in funding. By way of a newly launched company called Four Points Innovation, up to $130 million of initial funding will be made available by Deerfield to back the initiative for 10 years. Deerfield also will provide development expertise in support of Duke’s innovative drug research across a span of high-need therapeutic areas, as well as those targeting patients […]

NC Biotech Center awards $1.4M in grants, loans; portfolio startups raise $16.5M 

The North Carolina Biotechnology Center awarded 18 grants and loans totaling nearly $1.4 million to bioscience companies, universities and non-profit organizations in the first quarter of its 2019-20 fiscal year. The awards, made from July 1 to Sept. 30, will support life science research and technology commercialization throughout North Carolina and help companies attract follow-on funding from […]