UNC to receive $65 million through hedge fund partnership for medical research
An investment management firm has committed $65 million in funding to UNC to accelerate the development and creation of new medicines. The University is partnering with Deerfield Management to form Pinnacle Hill, LLC. Pinnacle Hill will manage funding to approved projects and provide drug development expertise across a wide range of therapeutic areas, according to […]
NCSU Chancellor’s Innovation Fund gives university opportunity for flourishing research
With upcoming application submissions for the Chancellor’s Innovation Fund (CIF), NC State staff members have the opportunity to apply and receive research grants of up to $75,000 to support their short-term, commercially focused research projects. CIF program manager and New Ventures Associate, Amy Parker, discussed how CIF came about, saying that initially there was a […]
Shaw University Receives $50,000 Grant for Innovation and Entrepreneurship Center
Shaw University last week announced the receipt of a $50,000 grant from the Annie E. Casey Foundation in support of its Innovation and Entrepreneurship Center and its efforts to boost small business in Raleigh. “The Innovation and Entrepreneurship Center is a vital resource for the next generation of entrepreneurs at Shaw University,” said Shaw University […]
Duke Incubation Fund Launches to Support Early-Stage Ideas
The Duke Innovation & Entrepreneurship Initiative today announced the creation of the Duke Incubation Fund, a vehicle for enabling projects originating within the campus innovation community. The fund will offer awards to Duke faculty, graduate students, post-docs and medical residents and fellows to support early-stage ideas based on Duke intellectual property with the potential to go to […]
Three novel UNC-Chapel Hill startups named to the latest class of KickStart Commercialization Award winners
When UNC-Chapel Hill spinout company G1 Therapeutics made its NASDAQ debut in the spring of 2017, most observers in the medical, life sciences and investment community were solely focused on the big number: an $108.6 million initial public offering of the company’s stock. Not Don Rose. As the director of KickStart Venture Services at UNC-Chapel […]
Local North Carolina universities go full-steam searching for investments
One firm that is a Triangle company in every sense of the word is 410 Medical. Its founder and chief medical officer, Mark Piehl, a pediatric critical care physician at WakeMed, works at both Duke University and the UNC-Chapel Hill School of Medicine, where he earned his medical degree. And the company’s product, LifeFlow, designed to improve life-saving fluid […]
Duke University startups to get access to the star power of Contrary Capital venture firm
Move over, Shark Tank. There are new investors in town, and they’re looking to Duke to fund entrepreneurs. Contrary Capital, a university-focused venture capital fund, launched last Monday. The fund is decentralized, employing 100 investors who are current students at universities around the country, including Duke. The four student partners at Duke—MD/MBA candidate Tracy Han, […]
NC State NSF I-Corps Site Boosts Commercialization
NC State has received a $500,000 award from the National Science Foundation to advance the commercialization of research discoveries. This five-year award will be used by the Office of Technology Commercialization and New Ventures to establish the NC State I-Corps site. The I-Corps program was created by NSF in 2011 to teach university scientists and […]
NC State University Commercialization Breaks Records, 169 licenses and 15 startups in 12 months
NC State’s Office of Technology Commercialization and New Ventures has just completed its most successful year ever, launching a record 15 startup companies, executing a record 169 licenses and options and filing 241 patents in the past 12 months. And, with new resources focused on assisting NC State faculty and startups, the trend is likely […]
NC Biotech Center awards $3.6M in loans, grants :: Editor’s Blog at WRAL TechWire
The North Carolina Biotechnology Center awarded 47 loans and grants totaling $3.6 million to universities, bioscience companies and other entities in the fourth quarter of its 2016-2017 fiscal year ending June 30. The awards will support life science research, technology commercialization and entrepreneurship throughout North Carolina and help universities and companies attract additional funding from […]