MIT MISTI Global Seed Funds winners announced
Since 2008, the Global Seed Funds Program (GSF) has funded more than 530 faculty-led projects in over 70 countries. From engineering medical diagnostic devices in Mexico to exploring science, technology, engineering, and mathematics (STEM) education in Israel to building the framework for a self-sustaining community of electricity prosumers in Italy, GSF funds projects that confront worldwide […]
CIT sets Charlottesville area up as fastest growing for startup investment in U.S.
The Charlottesville area has been the country’s fastest-growing market for venture capital investment since 2010, according to a national report. The number of companies receiving venture capital funding, according to a report from the National Venture Capital Association, increased roughly 55 percent annually from 2010 to 2015, the highest growth rate of any market in […]
King’s College, Arizona State and New South Wales team up for global alliance, seed fund
International collaboration in the higher education sector has increased rapidly over the past decade. Recent figures from the Organisation for Economic Cooperation and Development show that between 2003 and 2012 the US saw a 33 per cent increase in the percentage of scientific documents produced through international collaboration, while more than 45 per cent of all […]
Bridging the gap: University of Texas Medical Branch technology commercialization program funds four promising technologies
UTMB researchers are making invaluable discoveries. However, how do the researchers get their breakthroughs out of the laboratory and into the marketplace? One of UTMB’s goals is to support its researchers and promote technology transfer and commercialization of their research discoveries. Under the direction of Dr. David L. Callender, president of UTMB, the Office of […]
Three Northeastern researchers are named Innovation Commercialization Seed Fund Winners
Massachusetts Technology Transfer Center (MTTC) has granted $360,000 to nine innovative projects across the Commonwealth. This program is funded by the Commonwealth of Massachusetts and provides grants to university researchers to help them demonstrate the commercial viability of their technologies. Three of the Nine Organizations and researchers each receiving $40,000 in funding under the MA […]
Purdue startup receives funding to accelerate innovation to treat MS pain
The Elevate Purdue Foundry Fund has awarded Neuro Vigor a $20,000 “Black Award” to accelerate commercialization of its drug therapy for pain in multiple sclerosis. “This early stage award is the result of a very competitive process and recognizes Neuro Vigor’s progress to date and its potential as a future target for other investors with […]
Illinois to invest $220 million in venture capital funds
The state of Illinois is getting back in the venture-capital business for the first time in several years. Treasurer Michael Frerichs says he’ll start investing more than $220 million of state treasury money with venture funds across the state. The Legislature first authorized the state to invest up to 1 percent of its funds in […]
New Mexico Investment Council OKs new startups fund
The State Investment Council drew broad praise on Tuesday for approving a new funding program that could allow up to $40 million or more to flow into startup companies statewide.The council unanimously approved the establishment of a new $20 million “fund of funds” that will provide money to micro funds around the state that invest […]
UChicago Healthcare, Agtech Startups Funded Through Innovation Fund
The University of Chicago Innovation Fund announced two healthcare startups and one agriculture IT startup will receive $550,000 total in the most recent round of funding.Navipoint Genomics LLC will receive $175,000, Praedictus Climate Solutions will receive $125,000, and RiMO Therapeutics will receive $250,000, the Fund announced Thursday.These startups were chosen from five that presented to […]
Ann Arbor-based Millendo scores $62M investment
An Ann Arbor-based start-up drug company with roots in the University of Michigan scored a $62 million buy-in from outside investors because of its early work on treatments for several medical conditions, including some affecting women. The so-called Series B investment secured by Millendo Therapeutics follows an earlier round of investment that raised $16 million in 2012, company officials said. The $62-million […]