Innovate NY broadens reach of new fund for startups
The Innovate NY Fund has had a huge effect on the startup community in Buffalo, particularly the $5.1 million allocation that flows through Z80 Labs. Innovate NY totals $45 million — $35 million from the state and $10 million from Goldman Sachs — and is a fund-of-funds model, where smaller portions are administered by individual […]
MIT-Israel-BGU Seed Fund Approves Five Projects
The MIT-Israel-BGU Seed Fund recently approved several joint research proposals for funding, supporting new collaborations between faculty and research scientists at MIT and their counterparts at Ben Gurion University. The grants extend over the period between January 2015-August 2016. Some of the approved proposals include “Self-Sustained Agriculture Based on Marginal Water,” “Improving the Delivery of […]
MariSol Federal Credit Union Donates $4,000 to Fund South Mountain Community College Student Venture Pitch Competition
South Mountain Community College’s (SMCC) Community Entrepreneurship Center receives a $4,000 donation from Marisol Federal Credit Union (FCU) to fund student venture pitch competitions (SVPC). The SVPC provides students the opportunity to take an idea for a new product or business and develop a plan to introduce it to the marketplace or to present new […]
University of Chicago Innovation Fund Awards $400,000 to 4 Startups
Four startups affiliated with the University of Chicago received part of a $400,000 investment from the UChicago Innovation Fund, a five-year-old initiative managed by the Chicago Innovation Exchange that invests in promising early stage projects run by university students, staff and faculty. Since 2010 the fund has invested more than $2.5 million in more than 30 projects. […]
Washington’s Life Sciences Discovery Fund Announces POC Awards, Inaugural Matching Grants
SEATTLE, Washington, December 15, 2014 – The Life Sciences Discovery Fund (LSDF) today announced $1.2 million in Proof of Concept grants to Washington-based organizations to foster the advancement of promising health-related technologies to commercial products. Also announced were two commercialization-focused awards, totaling $600,000, through a new funding program requiring external cash matching.
STC.UNM: STC.UNM’s Co-Investment Fund Invests $89,000 in EcoPesticides
Capital is the lifeblood of early stage companies. Thanks to the STC.UNM STC Co-Investment Fund, EcoPesticides International has just received a significant infusion. STC has invested $89,000 in the Albuquerque-based startup company that has licensed University of New Mexico UNM technology to make biologic-based “green” pesticides more effective in protecting against harmful pests while doing […]
Six Northeast Ohio Tech Startups Win $375,000 in Innovation Fund Awards
A wound healing business from Fairlawn, an Akron-based drone designer and manufacturer, and a Cleveland startup using the power of collective intelligence in a chat app are among the six technology companies to receive funding from the Innovation Fund. The awards, totaling $375,000, should help these fledgling companies validate their new technologies and prove their […]
New York State invests $50M in Innovation Venture Capital Fund
Program Purpose The New York State Innovation Venture Capital (NYSIVC) Fund is a seed stage and early stage venture capital fund with up to $50 million to support and attract new high-growth businesses. The NYSIVC Fund will provide critical funding to promote the commercialization of new technologies, incentivize economic growth and encourage job creation across […]
LSU doubles investment in tech transfer for faculty projects
LSU is adding another $2 million into the LSU Leveraging Innovation for Technology Transfer, or LIFT2 fund, which provides grants to faculty members on a competitive basis twice a year, to validate the market potential of their inventions. The LSU Board of Supervisors approved the measure on Friday. “LSU faculty conduct research that has important […]
Gillibrand Announces Senate Passage Of DOD Pilot Program To Bring High-Tech Innovation To The Marketplace
U.S. Senator Kirsten Gillibrand announced that Congress passed as part of the National Defense Authorization Act (NDAA) a provision to extend and enhance a Department of Defense (DOD) Proof of Concept Commercialization Pilot Program based on key provisions from her legislation to help accelerate the commercialization of basic research. This provision authorizes military departments across […]