U Washington MRI start-up boosted by $340K from affiliated gap funds
Dr. Rodney Ho, professor of pharmaceutics, researches drug delivery for HIV treatment. In 2009, he created a new way to deliver HIV drugs to patients. HIV drugs rarely make it effectively to a patient’s lymph nodes. Ho thought binding the drugs to lipid (fatty particle) nanoparticles might help drug delivery. He eventually tested his drugs […]
InvestMaryland backs two state start-ups for $350K
Two Maryland tech companies, Silver Springs-based ReelGenie in and Baltimore-based SocialToaster, received investments totaling $350,000 through the State’s InvestMaryland program, created by Governor Martin O’Malley and the state’s General Assembly to make venture capital investments in
Purdue University Trask Innovation Fund announces $200K in new grants
A Purdue Research Foundation fund designed to support Purdue University faculty and staff innovators awarded more than $200,000 this spring. The Trask Innovation Fund assists faculty and staff innovations with which the Office of Technology Commercialization is working. The fund seeks to support short-term projects with the potential to reach markets and consumers with products […]
U Michigan SPARK invests $1.5M in 6 start-ups
ANN ARBOR, Mich., July 24, 2013 /PRNewswire via COMTEX/ — Six Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling $1.5 million. To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones to support start-ups’ product commercialization, has
NSF supports Texas Tech microfluidic translational research work through $225K grant
National Science Foundation Small Business Technology Transfer (NSF STTR) recently awarded a $225,000 grant to a Texas Tech University student who is preparing to earn a doctorate in chemical engineering in August. The sizable grant will help Jeevan Maddala commercialize his doctoral work in biomedical and pharmaceutical trials, which looks to
STC.UNM gap funding supports innovative approach to drive cancer therapies
It’s the spread of the original cancer tumor that kills most people. That’s why cancer researchers vigorously search for drugs that can prevent metastases, the spread of cancer. But most drugs take a decade—and frequently, more—to go from concept to Food and Drug Administration approval. One way to reduce this time investment is to look for […]
U Maryland MIPS awards $3.8M to matching innovation grant program
A University of Maryland, College Parkprogram has awarded $3.8 million to 17 teams of university researchers working with state companies on projects to bring technology products to market. The Maryland Industrial Partnerships program provides matching grants to companies that partner with university researchers to accelerate technology commercialization. Companies involved in the program are contributing $2.3 million […]
Wisconsin Governor signs $25M venture capital legislation
Gov. Scott Walker signed legislation Thursday to provide $25 million in taxpayer money to start-up companies, realizing a goal he has sought for more than two years. Providing venture capital has had a rocky history in recent years. Bills to do that last session couldn’t get through the Legislature, and this year’s legislation has had its share […]
Ann Arbor SPARK graduate receives support from Michigan’s new angel fund
Michigan State University technology spin-out company BioPhotonics Solutions Inc. is the first venture to win equity funding from the $2 million Michigan Angel Fund.
Three U of Iowa companies land $750K from state’s acceleration fund
Three companies with ties to the University of Iowa have obtained $750,000 in funding from the state to expand their businesses, create jobs, and further develop their products. Memcine Pharmaceuticals, Inc., NanoMedtrix, LLC, and Iowa Approach, LLC were awarded direct financial assistance from the Iowa Economic Development Authority. The funding is designed to help these and other […]