Chicago Impact Engine Launches $10M Fund, Betting Capitalists Can Do Well While Doing Good
Some dismiss social impact entrepreneurship as a feel-good diversion. But a group of successful investors in Chicago are throwing $10 million on the table to prove that capitalists can do well while doing good. Impact Engine today announced a $10 million early-stage impact investment fund for companies dedicated to making money and solving one social […]
University of Albany Presidential Innovation Fund for Research and Scholarship
In support of this aim, the University announced the creation of the Presidential Innovation Fund for Research and Scholarship (PIFRS) program last year to stimulate new cutting-edge, interdisciplinary research. Now in its second year, this $500,000 competitive, peer reviewed, seed funding program will once again fund multi-investigator led projects in targeted research areas including liberal […]
Purdue Develops New Strategy for Drug Discovery
Research scientists often confront the “valley of death”—the gaping hole that exists between laboratory discoveries and their transformation into new medical treatments and products. And the most lethal factor for most researchers is money. However, Purdue University is blazing an unusual trail to help make ends meet in translational research. Rather than rely on traditional […]
Five startups split $70K from Winston-Salem venture fund, with chance at $250K
Five startups from a pool of 235 were selected to share in $70,000 in upfront funding as part of the 2016 fund of Winston-Salem-based New Ventures Investment Club. Each of the five will now participate in the New Ventures Startup Accelerator program based at Flywheel Cowork in Wake Forest Innovation Quarter, with the opportunity to […]
U Oregon tech startup firm plans to grow with $1 million infusion
A Eugene startup that has invented technology used in drug discovery and environmental testing recently raised $1 million in an investment round to help support its growth. NemaMetrix, a spin-out of University of Oregon research, has developed a portable device that can be used to quickly test the effects of drugs or environmental toxins on […]
9 companies join Portland Seed Fund portfolio
The eighth class of the Portland Seed Fund will take the stage Wednesday afternoon before 100 investors in downtown Portland, completing the latest cycle of the accelerator. This class of companies ranges from health care technology to food to sharing platforms. There are also three startups outside of the fund’s traditional Portland metro. The companies […]
Maryland State university system plans to create $25 million investment fund for start-ups
The University System of Maryland plans to establish a $25 million fund to invest in startup companies created by students, faculty and recent graduates. The system, which includes 12 of the state’s public institutions, would invest $10 million in the Early Stage Investment Fund over four years. Another $15 million would come from the state, […]
Sacramento’s Innovation Fund Will Invest in Local Start-ups
The city of Sacramento will invest in local companies and start a grant program as part of a multimillion-dollar plan to bolster the community’s innovation economy, Mayor Kevin Johnson said Saturday morning. The city is going to invest $1 million in local companies this year, Johnson said. Selections will come from proposals submitted to a […]
University of Michigan’s Social Venture Fund Announces Investment in Querium
The Social Venture Fund, a student-led venture fund within theSamuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan’s Stephen M. Ross School of Business, today announced that it has participated in the early-stage bridge round for Austin, Texas.-based Querium, an edtech company that uses artificial intelligence to provide students […]
Winners Announced for $250K Innovation Fund Spring 2016 Cycle
The Chicago Innovation Exchange, in partnership with UChicagoTech and the Polsky Center for Entrepreneurship & Innovation held the University of Chicago’s Innovation Fund final presentations today, where four amazing companies competed for a share of the university’s $20 million Innovation Fund — up to $250,000 in proof-of-concept capital. It was an exciting morning, full of […]