QB3, A University of California Initiative, Shares Gap Funding Program Successes
The “valley of death”—the lack of proof-of-concept funding for scientists who want to commercialize their research—continues to frustrate entrepreneurs at the University of California. There has always been a gap between the discovery phase, which the NIH will fund, and proven technology that can attract private investment. That gap has widened over the past few years because […]
Beat Biotherapeutics, A U Washington Start-up, Raises $2.5M For Heart Failure Treatment
Beat Biotherapeutics looked like it was in trouble after its co-founder and CEO died suddenly in June 2009. But the University of Washington spinout is definitely back in business, after recruiting a veteran CEO and raising another $2.5 million to advance an experimental treatment for heart failure.
Rutgers University, UMDNJ Start-up, NovoPedics, Secures $500K For Implantable Device
Newly formed NovoPedics, Inc., has received a commitment of up to $500,000 from Foundation Venture Capital Group (FVCG) to advance its development of an implantable meniscus replacement/regeneration medical device.
Insight Accelerator, Chicago Universities Team To Spur Start-ups
In the last 25 years, the engineers and designers at Insight Product Development have come up with a portable CT scanner and a wireless cardiac implant monitor. For the next generation of breakthrough medical devices, the Chicago design shop is turning to the area’s research universities and entrepreneurs. Insight is opening an accelerator program called […]
Iowa Demonstration Fund Creates 600+ New Jobs, Millions In Tax Revenue
A state fund that provides financial and technical aid to spur the growth of high-tech firms has helped to create at least 600 new Iowa jobs over the past five years and generated $2.1 million in tax revenue from these firms in 2012 alone, a new report shows. The “Demonstration Fund” was established in 2007 […]
St.Louis University’s First Spinout, Antegrin Therapeutics, Gets Investment From BioGenerator
BioGenerator, the local nonprofit venture development group, announced Tuesday it will invest in Antegrin Therapeutics, a startup company that develops compounds to treat lung disease. Antegrin was founded based on science developed by researchers at St. Louis University and the Center for World Health & Medicine, the university’s center dedicated to the treatment of often […]
University of Dayton Alumni Fund Offers $175K To Viable Business Ideas
Now in its seventh year, the competition offers nearly $175,000 in total support with a $25,000 top prize along with expert advice on transforming a great idea into a viable, marketable, innovative business plan. The competition was recognized last year as one of the 15 largest college business plan competitions by Under30CEO, a news and […]
Innovation Works, A Pennsylvania State-wide Commercialization Effort, Opens $800K Funding Cycle
Innovation Works is accepting proposals for the latest funding cycle of the Technology Commercialization Initiative (TCI), a statewide effort to commercialize Pennsylvania’s university research and/or corporate innovation in robotics and advanced electronics. A total of $800,000 is eligible in multiple awards with a maximum award amount of $100,000 per project. TCI is supported by The Discovered in […]
Wayne State University Warrior Fund Supports Four Student Start-ups
Late last month, student-run startups from the Blackstone LaunchPad incubator gathered for pitch competition on the campus of Wayne State University (WSU). The startups were able to pitch for up to $5,000 in funding from the Warrior Fund, WSU’s pre-seed fund to support student tech startups. Blackstone, which operates on the campuses of WSU and Walsh College in […]
The Dorm Room Fund, Supported By First Round Capital, Puts $20K Into Student Ventures
Most college dormitories are a mixture of unmade beds, fireproof carpeting, beer pong, ramen noodles and that poster of John Belushi in “Animal House.” Investors want to add two more ingredients: successful start-ups and budding venture capitalists. “We’re trying to help students feel what it is to run a start-up, to take an idea that starts in […]