NC Idea grants awarded for statewide network of entrepreneur support organizations
The Greensboro Partnership’s Entrepreneurs Connection was one of nine grant winners announced last week by the NC IDEA Foundation, a private foundation committed to supporting entrepreneurial business innovation and economic advancement in North Carolina. The grants totaled $1.175 million and went to organizations throughout the state that support entrepreneurs and promote entrepreneurship. “Today’s announcement begins […]
NC State Boosts Efforts to Commercialize Research Discoveries | NC State University
North Carolina State University has announced that seven projects will receive support from its Chancellor’s Innovation Fund (CIF) in fiscal year 2017. The funding will help NC State researchers move innovative discoveries from the lab bench to the marketplace, in areas ranging from the development of new antibiotics to the creation of faster, more accurate […]
Jumpstart Foundry reveals investments in 17 healthcare startups from seed fund including NC State
Five months after shifting its model from an accelerator to a seed stage innovation fund, Jumpstart Foundry has revealed 17 startups it’s selected for its portfolio. Nicotrax, for example, is a startup from North Carolina State University. Led by Kyle Linton, it developed a device and mobile app to track user’s cigarette consumption as they […]
UNC Rex’s venture fund expands by $8 million
UNC Rex Healthcare, which four years ago committed $10 million to create a venture capital fund that invests in startup health care companies, has set aside an extra $8 million for further investments. The board of directors at Rex, which is part of the UNC Health Care System, has authorized the fund, Rex Health Ventures, […]
Seed fund helps catalyze Duke energy research on materials, environment, policy
Research projects that examine energy materials, the water-energy-food nexus, and renewable energy policies will receive funding in 2016 from the Energy Initiative’s Energy Research Seed Fund. Six projects involving 16 faculty members were selected for the third annual round of awards from the fund. The Energy Research Seed Fund provides a financial head start for […]
4 universities form Triangle Venture Alliance to fund startups
Boosted by a $250,000 federal grant, four Triangle Universities are forming the Triangle Venture Alliance which plans to work with alumni in funding startups. The alliance is the second major boost to emerging ventures in the Triangle in two days, NCSU having announced a new $1M fund and accelerator as well on Tuesday. Duke disclosed […]
Duke’s MURDOCK Study offers $100K in seed funding to scientists at NC Research Campus
Duke University’s MURDOCK Study will invest up to $100,000 in the coming year to fund scientific discoveries at the North Carolina Research Campus in Kannapolis. The MURDOCK Study-NCRC Seed Funding Voucher Program will provide up to 10 vouchers worth $10,000 each to qualifying Research Campus investigators from any institution on the campus. Duke manages the […]
Catawba’s student-managed investment fund dives into Wall Street | Salisbury Post
After reading “The Best Book on Investment Banking Careers,” Jevgenij Gamper (Class of 2016), realized his career goals made it absolutely necessary that he stand out in his academic pursuits. As a student-athlete, this Lithuanian national who is double majoring in mathematics and economics & finance at Catawba College, decided he needed a working laboratory for […]
Innovation Fund 2 is NC’s Investing Tool into Growth Startups
Last Wednesday, N.C. Treasurer Janet Cowell talked to investment leaders such as Falfurrias Capital Partners’ Hugh McColl and Bull City Venture Partners’ Jason Caplain. The goal of the discussion was to update private equity on the return’s of North Carolina’s first investment fund and to announce the second larger fund. The first fund -Innovation Fund – was and a […]
State allocates $250M for second N.C. Innovation Fund – Triangle Business Journal
On Wednesday, State Treasurer Janet Cowell announced a new $250 million North Carolina Innovation Fund. Two-thirds of the sum will be earmarked for co-investments in diverse industries, including growth sectors in the state. The remaining third will have a multi-stage focus, according to Cowell’s office: venture, growth, buyout and mezzanine. The announcement, made alongside former […]