University City Science Center receives million dollar grant to accelerate growth of new companies
Penn’s University City neighbor wants to facilitate startup development — and the federal government has taken note. The United States Economic Development Program, a government agency aimed at supporting sustainable job growth and the construction of durable regional economies, awarded the University City Science Center a million dollar grant to support its Phase 1 Ventures […]
Stony Brook Announces Four Finalists for Inaugural Discovery Fund Award
Sometimes you just have to do it yourself. That’s what theStony Brook Foundation did in establishing The Discovery Fund, which supports pioneering scientific breakthroughs with philanthropic giving in response to declining federal grants for basic research. Now, the finalists for the inaugural Discovery Fund Award have been selected and will compete for up to $200,000; the recipient(s) […]
UMass records best-ever year for startup businesses, $2M in POC Funding
The University of Massachusetts created six new startup companies within the past year, its best-ever annual performance, and set new records for patent applications and the number of faculty members disclosing inventions, President Caret said today. The new companies reflect the University’s increased focus on coaching, mentoring and providing other services and support to help […]
Update on University of Illinois Proof-of-Concept Program
Last spring, the University launched the Illinois Proof-of-Concept fund (I-POC) to help bridge the gap between University innovations and the marketplace by funding research and development that will demonstrate an innovation’s market viability to potential investors and partners. In the first round, five faculty projects were funded. Recipients included: Kaustubh Bhalerao, from the […]
University of New Hampshire Unveils Initiatives Designed to Increase Commercialization Success
In an effort to expand entrepreneurship throughout the university and the state, the public research institution announced that it has established a new center, The Peter T. Paul Entrepreneurship Center, as well as a mentoring network and a seed fund. They will use the research output of faculty, staff and students to drive economic development […]
Outside Michigan investors pair with University entrepreneurs
In an effort to secure a more sustainable cycle of funding and donations, the Center for Entrepreneurship has paired with two different venture capital firms to continue supporting entrepreneurial endeavors throughout Ann Arbor and Michigan. Seven individuals, five of whom are affiliated with Michigan eLab and two of whom are associated with Pinnacle Ventures, have […]
University of Iowa start-up VIDA attracts $2.5M in funding
A Coralville-based medical software start-up born out of the University of Iowa has attracted $2.5 million in funding. Vida Diagnostics said Wednesday that it has received $2 million in funding from Next Level Ventures, a Des Moines venture capital firm created to invest in Iowa companies. That investment comes on top of a $500,000 loan […]
Venture capital fund invests in ASU startups to stimulate Arizona economy
Successful SkySong-based startup Bosse Tools has received a major investment of $200,000 from the Maricopa County Manufacturing Venture Fund to ramp up production of its line of ergonomically designed tools. The venture fund was developed by the ASU Foundation for A New American University, thanks to a $1 million grant from the Maricopa County Industrial […]
Maryland Investment Fund Announces $600,000 Growth Investment in Motionsoft
The Maryland Venture Fund (MVF), the equity investment arm of the Maryland Department of Business and Economic Development (DBED), has invested $600,000 in Rockville-based Motionsoft, a leading provider of SaaS member relationship management software (MRMS) and payment services for the health and fitness industry. Annapolis, Maryland (PRWEB) October 20, 2014 The investment comes as part […]
Alumnus creates investment fund that targets startups from Rensselaer Polytechnic Institute
Jeff Stewart, an entrepreneur who has founded several technology companies, is starting a fund to grow early-stage businesses developed by faculty, alumni and students at Rensselaer Polytechnic Institute in Troy, New York. Stewart, currently the chief executive office and co-founder of Lenddo, a New York City technology company, is an alumnus of Rensselaer, a private […]