University of Houston Professor Invents App to Diagnose Skin Cancer
The University of Houston division of research backed Dr. George Zouridakis with $50,000 in gap funding to support proof of concept work and to upgrade the app software for commercial application. Questions remain about the accessibility (or justification) of use by the general public with the associated cost of the necessary dermoscope hardware ($500). However, […]
MIT MISTI GLobal Seed Funds enable mult-disciplinary, multi-university collaboration
MISTI Global Seed Funds grants enable participating teams to spend time together, either at MIT or abroad, with the aim of developing and launching joint research projects. To date the funds have supported 304 projects through awards of $6M. This program is in line with the future vision of an open university approach with lower […]
Maryland TEDCO Gets $500K in State Funding For Rural Innovation Program
The Maryland Technology Development Corp. will receive $500,000 in state funding during fiscal 2015 to operate its well-received Rural Business Innovation Initiative program. Previously, RBI2 had been funded at a lower level through federal dollars or directly by TEDCO.
Life Sciences Discovery Fund Announces $1.25M In POC Awardes
SEATTLE, Washington, April 21, 2014 — Five for-profit and non-profit organizations in Washington will receive a total of $1.25 million in Proof of Concept grants to accelerate maturation of promising health-related technologies from ideas into commercial products, the Life Sciences Discovery Fund (LSDF) announced today. Also announced was a $300,000 Entrepreneur Mentoring Program grant to […]
Wisconsin WEDC awards $140K to establish a medical research seed fund
The Wisconsin Economic Development Corp. has awarded $140,000 to new nonprofit corporation Bridge to Cures Inc. to establish a seed fund to benefit medical research in southeastern Wisconsin.
SUNY TAF fund invests in five new medical projects, $1M to-date
The State University of New York (SUNY) Technology Accelerator Fund (TAF) will invest in five new projects, Gov. Andrew Cuomo announced. They include a device that a doctor at Upstate Medical University is developing, according to a news release from the governor’s office. The TAF accelerates the development and commercialization of innovations that SUNY students, faculty, […]
UC Berkely social impact fund shows 6 yr/50% ROI on $1.1M invested to-date
When the fund launched in 2008, it became the first student-led socially responsible investment (SRI) fund and remains the largest. The student principals have grown the initial investment of $1.1m (£650,000) to $2m (£1.19m), a more than 50% return on investment over a six-year period. The fund has also outperformed all its environmental, social and […]
Michigan Pre-Seed Fund Plans To Invest $6.8M Over Two Years
A new state-backed early stage capital fund hopes to cut its first deal by early summer, executives say. The $6.8 million Michigan Pre-Seed Fund 2.0 hopes to do as many as 50 deals over the next two years. It will provide early-stage, high-tech companies with the capital they need to move further toward commercializing an innovation, said […]
Texas State University start-up wins Rice University Texas Halo Fund Investment
SioTeX, an interdisciplinary team from Texas State University, won the Texas Halo Fund Investment Prize during the 14th Annual Rice University Business Plan Competition (RBPC) in Houston.
Northeastern’s IDEA student-run gap fund surpasses half a $1M in investment to-date
IDEA was founded in 2009 and since then has funded 35 ventures with grants up to $10,000. Just this past month, the Accelerator reached its 500k milestone in venture funding, a monumental milestone for IDEA.