Michigan universities capitalize on growth of state venture capital industry
When EDF Ventures launched in Ann Arbor in 1987 to invest in university-based technologies, the University of Michigan had one person working part time on technology transfer. And at the time, the only other local venture capitalist in Southeast Michigan was Ian Bund. “We were considered an oddity,” said EDF co-founder Mary Campbell. ” ‘You’re […]
Global venture fund plants office in Miami; will invest in universities
In a positive development for Miami’s developing entrepreneurial ecosystem, venture capital investor Peter Kellner said he will plant his fund’s third office in Miami. Richmond Global Ventures, which also has offices in Silicon Valley and New York, is raising an $80 million to $125 million venture fund focused on early-stage companies around the world and […]
Indiana University’s Anagin is Spinning Up Success
Anagin, a company launched by two Indiana University scientists to develop a first-of-its-kind treatment to battle post-traumatic stress disorder, emerged from six finalists Tuesday to win the third annual BioCrossroads New Venture Competition. The contest, held in conjunction with the 2014 Indiana Life Sciences Summit at the JW Marriott hotel in Indianapolis, awards a $25,000 […]
Feds announce new $15 M fund for social innovation research | Academica Group – Research and Consulting for Higher Education
The federal government last week announced the launch of the new Community and College Social Innovation Fund, designed to fund applied research at colleges and polytechnics that addresses social issues including poverty, crime prevention, community safety, and economic development at the community level. The $15 M fund will be administered by SSHRC as a pilot […]
Technology advances earn state innovation awards | ASU News
Arizona Governor’s Celebration of Innovation Awards winners for 2014 include a faculty member and an undergraduate student in the Ira A. Fulton Schools of Engineering at Arizona State University. David Frakes received the Innovator of the Year Award in the Academia category for engineering research and technology development he has led in recent years through […]
Fifth Third helps launch Wayne State University student-managed fund
Fifth Third Bank on Wednesday will donate $100,000 to the Wayne State University School of Business to fund creation of a student-managed investment fund. “We’d like to build the fund as large as possible,” said Robert Forsythe, dean of the business school. The fund, which will invest in public equities, will be managed by students […]
Gener8tor raises $2.1 million for fund to invest in start-ups in Wisconsin
Gener8tor, which runs start-up training classes in Milwaukee and Madison, said Wednesday it has raised more than $2.1 million for a second fund. Gener8tor Fund II is set up to invest in the start-ups — usually about 10 a year — that go through gener8tor’s classes. It also sends a signal that gener8tor is committed […]
University of Washington Next Green Seed Fund proposal deadline Dec. 11
The Green Seed Fund – a grant fund for campus environmental research projects – is accepting proposals through Dec. 11 for the next round of grants. The Green Seed Fund aims to promote and fund research projects that advance sustainable research while contributing to the university’s sustainability goals. The fund was launched in 2013, and […]
Medical device startup benefits from Philadelphia seed fund
Two years after the city of Philadelphia launched a $3 million seed fund, the fund has invested in a medical device company — one of four companies to receive investments topping $700,000 and the only healthcare business among them.Velano Vascular received $400,000 from the fund. The medical device company is developing a needle-free approach to […]
New Eagle Repays Funding to Michigan Pre-Seed Capital Fund After Successful Product Launch, Sales
ANN ARBOR, Mich., Nov. 13, 2014 /PRNewswire/ — Ann Arbor SPARK business accelerator client New Eagle recently repaid the $250,000 Michigan Pre-Seed Capital Fund award that it received in 2012. The money will be reinvested in to the Michigan Pre-Seed Capital Fund to support other entrepreneurial endeavors in the state. New Eagle, an engineering firm […]