Montana State University business accelerator receives $50,000 from U.S. Small Business Administration
An entrepreneurship support center for Montana State University students, alumni and faculty has won a $50,000 award from the U.S. Small Business Administration to help enhance its business accelerator program, 406 Labs. The Blackstone LaunchPad at MSU was one of 68 programs selected nationwide as winners of the Growth Accelerator Fund Competition on Aug. 31. […]
3 initiatives, $3M for startups: MEDC seeks to boost access to early-stage capital
A trio of initiatives from the Michigan Economic Development Corp. aims to increase the flow of capital to startups and early-stage companies in the state. By the end of the year, two separate but similar funds of $1 million and $2 million each could begin offering grants to university researchers and entrepreneurs seeking to validate innovations […]
University at Buffalo Seed Fund for Innovative Research Supports Faculty in 6 Departments
Eight faculty members from the Jacobs School of Medicine and Biomedical Sciences are conducting research supported by the Innovative Micro-Programs Accelerating Collaboration in Themes (IMPACT) program. “The IMPACT program supports cutting-edge research throughout the university, not just one particular discipline. We’re focused on projects that are new and innovative.” Kenneth M. Tramposch, PhD Senior associate vice […]
Rhode Island is boosting innovation grants to $1.5M
Gov. Gina M. Raimondo opened the second round of the state’s Innovation Voucher Program last week, soliciting applications from Rhode Island companies with fewer than 500 employees to apply for grants of up to $50,000 to fund research and development. About $1.5 million in funding is available in the 2016-17 fiscal year, the second year […]
Invest Georgia putting state’s money to work
Georgia’s state-run venture capital fund expects to allocate the first $10 million it received from the state by the end of the year, the fund’s executive director said Thursday. Knox Massey of Invest Georgia told a Georgia Senate study committee he is in “deep discussions” with two investment funds and in conversations with two others. […]
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 […]
Nevada’s Sierra Angels program will help incubate University-based projects
The Sierra Angels, Nevada’s premier, early-investor funding group, is launching a new program and fund to help incubate ideas and projects created through the University of Nevada, Reno that have potential for reaching the marketplace. The recently created Sierra Innovations and its Entrepreneur Fund will facilitate the development of successful innovation-based, scalable startup companies in […]
Gov. Brown approves $22 million to fund entrepreneurship at U California System
University of California campuses have more resources to develop real-world applications for technology after Gov. Jerry Brown approved $22 million in funding Friday. Brown signed Assembly Bill 2664, which provides $2.2 million in one-time funds to the 10 UC campuses to pay for incubator space, equipment, entrepreneurial training, legal services and other entrepreneurial tools. State […]
Applications open for second round of Northwestern University N.XT $10M Fund investments
The N.XT Fund is now open and collecting applications for its second round of investments. The $10 million innovation fund was provided by the University to support Northwestern’s early-stage innovations that are too advanced for federal funding but too early for private investment. The goal of the fund is to de-risk assets owned by Northwestern and propel them to the […]
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 […]