Matthews startup gets $75,000 from Innovation Fund North Carolina
TVL International, the Matthews company developing the SmartCharge LED bulb that operates even during a power outage, has won a $75,000 loan award from the Innovation Fund North Carolina. Founder and CEO Shailendra Suman says the money will be used pay for getting the latest iteration of the SmartCharge bulb certified by Underwriters Laboratories, as […]
University of North Carolina at Chapel Hill Forms $5M Venture Capital Fund
The University of North Carolina at Chapel Hill has formed a $5m venture capital fund to support University startups. The Carolina Research Venture Fund will support University startup companies in overcoming funding gaps, accelerate growth and help move ideas from University labs to the commercial marketplace. The University already has a number of avenues through […]
NC State’s Chancellors Innovation Fund Has Backed 23 Projects, Secured $4.2M in Follow-on Funding
In four years, 23 projects have earned funding from the CIF. The $1.3 million invested in them has generated $4.2 million in follow-on funding and $460,000 in licensing revenue for the university, as well as launching six startup companies. Each year, roughly 75 faculty members file CIF proposals. After initial screening, finalists pitch their technology development […]
Duke University Energy Seed Fund Calls For Proposals, $40K Per Award
The Energy Research Seed Fund provide funds for new interdisciplinary, collaborative research teams (working groups) with the larger goal of enabling Duke University investigators to obtain critical preliminary results that have a high likelihood of obtaining external funding.
North Carolina IDEA Grants Support Five Start-ups For $200K
Emerging technology companies in Durham, Raleigh, RTP, Summerfield and Wake Forest land non-dilutive grants from economic development group NC IDEA. The organization has now handed out more than $3 million in grants to 82 companies since 2006. The latest grants were announced early Tuesday. Companies could receive as much as $50,000.
Wake Forest University need for gap funding increases
Scientists are creatures of patience. They wait for results, they wait for tenure and, perhaps hardest of all, they wait for funding. Grant limbo — the blank space between one source of funding and the indefinite start of another — is brutal. Lab technicians are fired and projects are put on hold, all while researchers […]
North Carolina to grant $1.2M from pilot start-up fund next year
Early-stage startups in the Charlotte area now have a new potential source for funding: Innovation Fund North Carolina, a pilot program planning to award up to $1.2 million in grants and loans to high-tech startups around the state over the next year.
University of North Carolina Wilmington Announce New Venture Fund
University of North Carolina Wilmington officials on Friday announced the creation of a venture capital fund to “support business and economic development” in the Wilmington area. The proposed fund will be part of the school’s Entrepreneurship Center, which will be renamed the Center for Innovation and Entrepreneurship when it opens in a new off-campus building […]