Illinois Ventures Fund Grants $125K to University Researchers

Researchers from three universities in Illinois have received the first batch of funding from IllinoisVentures, a University of Illinois-born fund that launched in October and aims to accelerate the commercialization of new technologies. Five researchers from the University of Chicago, Northwestern, and the University of Illinois at Chicago received a total of $125,000 in grants […]

Massachusetts Gov. Baker Announces $4M Grant to Fuel Printed Electronics Cluster

LOWELL, Mass. – Gov. Charlie Baker today announced a $4 million dollar grant from the Massachusetts Technology Collaborative (“MassTech”) to UMass Lowell to support development of a printed and flexible electronics industry cluster, an emerging field that has the potential to become a $76 billion global market in the next decade. The new Printed Electronics Research […]

Wichita State University Ventures announces winners of $100K in innovation funding

WSU Ventures at Wichita State University has awarded seven innovators with more than $100,000 in funding through the Competitive Innovation Accelerator Shock Tank competition. The projects receiving funding expect to add a combined 90-plus jobs to the Kansas economy by 2018. Winners are: ABI Chemicals’ Peelable Maskant System led by James Havers-Strong: $20,000 Advance Guard […]

University of Albany starts $500K seed fund to help researchers apply for federal funds

The University at Albany is establishing a $500,000 fund to give its researchers seed funding so they can be more competitive in federal funding applications. The fund is part of UAlbany President Robert Jones’ strategy to nearly triple the amount of research expenditures at the public university. Researchers at UAlbany have until the end of […]

Michigan eLab invests in biotech startup for cancer research

Michigan eLab LLC, a venture capital firm founded in Ann Arbor last year by three veterans of Silicon Valley, has made its first local investment in Akadeum Life Sciences LLC, a startup that hopes to make it easier, cheaper and faster to prepare tissue, water or food samples for testing. Michigan eLab invested $150,000 in the […]

Washington State University innovators receive funding from commercialization gap fund

PULLMAN, Wash. – Thanks to grants from the Commercialization Gap Fund (CGF), seven Washington State University researchers are one step closer to realizing the public impact of their innovations. In collaboration with the WSU Office of Commercialization (OC), the recipients will work to reach key development milestones during the 12-month funding cycle. “We are pleased […]

Alum sets up student venture fund at University of Oregon

Musician and entrepreneur Paul Anthony Troiano wants to make it rain for student entrepreneurs at the University of Oregon. Troiano — the founder of Rumblefish, a music technology company that handles music licensing for video makers around the globe — has committed more than $300,000 to start the Paul Anthony Troiano RAINMaker Fund. It will […]

Georgia Metro Chamber sets $20M goal for state-run venture fund

After the new state-run venture capital fund received its initial appropriation very late in last year’s legislative session, the Metro Atlanta Chamber is taking no chances with a new round of funding. Chamber officials are lining up early support for another $20 million for Invest Georgia to go with the $10 million Gov. Nathan Deal […]

A billion in VC funding is real money for Chicago

More venture capital flowed into Chicago startups in 2014 than any year since the dot-com boom 15 years ago, topping $1 billion. But while all that cash makes it easier to launch and grow a company here, funding levels still lagged behind those of other big cities. The year started off anemically, with barely more […]