From prototype building to VC investment, Ohio State University more active in nudging technology to market
Ohio State University is taking a more hands-on approach to getting technology from its labs to market, from regulatory help to prototype building, in hopes of boosting the odds of a commercial success. “We have taken the active initiative of taking early stage inventions such as pharmaceuticals, engineering and other inventions and perform the proof […]
CWRU receives $500,000 state grant for technology start-up fund
The Ohio Third Frontier Commission has awarded Case Western Reserve University a $500,000 grant for a campus-based translational research fund to help faculty researchers advance and commercialize their innovations. The grant will transfer the administration of the commission’s statewide Technology Validation and Start-up Fund (TVSF) to Case Western Reserve, managed through the university’s Technology Transfer […]
University Hospitals receives $500,000 grant from Third Frontier for tech ventures
The Ohio Third Frontier Commission on Thursday awarded University Hospitals a $500,000 grant to help speed up the development of promising biomedical technologies. UH will match the grant from the Ohio Third Frontier Technology Validation and Start-up Fund to bolster the hospital system’s technology venture fund, and expects to be able to fund eight to […]
Enable Injections to triple Cincinnati workforce after landing $30 million in Series A funding
Enable Injections plans to triple its workforce as a result of $30 million in funding lined up by the Cincinnati health care company. The firm was founded in 2010 and now employs about 50, but it intends to add 100 workers by the end of 2018 as a result of the Series A funding. “It […]
Rev1 Ventures, Ohio State University Launches $22 Million Seed Fund to Fuel High-Growth Startups
Today, Rev1Ventures, a top VC investor in the Great Lakes Region, announced the launch of Rev1 Fund I, the company’s most significant fund to-date and the largest seed-stage fund in Columbus history. A first-of-its-kind for the region, the corporate-backed fund is supported by Nationwide, The Ohio State University, Cardinal Health and other top Columbus companies […]
Akron’s capital idea: More seed money now will grow more jobs later
Akron hopes to lure another group of biomedical and technology-related companies to the city with $1.75 million in new private equity funds. Akron BioInvestments Fund I, established in 2012, helped build 13 businesses and products that concentrate on everything from surgical glue and image-guided surgery to online therapy for children with special needs and DNA […]
CincyTech predicts 600 new jobs with $30M fund
CincyTech has formed its fourth and largest fund to date, one that will provide about $30.75 million to invest in as many as 25 homegrown startups in the digital and life sciences fields. The Cincinnati-based accelerator projects the CincyTech Fund IV LLC will create at least 600 jobs in Southwest Ohio over the next five years. New hires would earn on average about $80,000 […]
$35M Ohio University, Ohio State University Venture Fund Launches
Ohio University and the Ohio State University want their graduates to have the option to stay in the state to seek jobs in emerging technology when they graduate. The Ohio Innovation Fund was created in 2012 to accomplish that goal, but the fund has just gotten off the ground this year with a newly hired fund manager. “A lot […]
Venture capitalism 101: U Akron and Kent State U lets university students learn ins, outs of investing
Students at the University of Akron and Kent State University are learning more about business from their extracurricular activities than they might in any MBA school. That’s because they – along with students from Walsh University, Notre Dame College, Case Western Reserve University and the College of Wooster – are spending much of their spare […]
Ohio State-Ohio University early-stage venture capital Innovation Fund could be coming soon
Innovation doesn’t happen overnight.That much is clear when looking at the delayed start of a joint venture-capital fund by Ohio State University and Ohio University.EnlargeThe Ohio State University seal.DOUG BUCHANANThe schools announced the OSU-OU Innovation Fund in April 2012, with Ohio State committing $20 million and Ohio University promising $15 million.A VC fund in California […]