New $7.5M fund will help U Michigan accelerate medical technologies
A new $7.5 million fund will help U-M medical discoveries make the leap from the laboratory to the market, accelerating their potential to help patients. Funded in part by a new $2.4 million grant from the Michigan Economic Development Corporation’s 21st Century Jobs Fund, the new effort will help the U-M Medical School and U-M […]
Detroit Innovate targets young technologies, university start-ups
A new seed-stage fund called Detroit Innovate, which intends to help launch technology companies in Southeast Michigan and invest in existing young companies, is scheduled to be announced today. The fund has received $5 million from the New Economy Initiative for Southeast Michigan and hopes to raise at least $10 million from other state foundations.
Dorm Room Fund backs student start-ups expands into New York City
NEW YORK—A unique venture capital fund that focuses on financing business concepts from students is expanding into the city. First Round Capital launched the Dorm Room Fund last year in Philadelphia with $500,000 and a team of students choosing which start-ups to finance.
Notre Dame launches $3.5M fund for student-led ventures
A new $3.5-million fund at the University of Notre Dame has been established to help launch student-led ventures and further strengthen the educational component of the University’s ESTEEM Graduate Program. The funds for the program will be from gifts made to the University by John Jeuck, the former dean of the University of Chicago Booth […]
Pitt, CMU join team to gap fund start-ups
The technology commercialization offices at the University of Pittsburgh and Carnegie Mellon University are teaming up on a new initiative to spin out more technology into startups. The collaboration is being funded by a $200,000 grant from the Pennsylvania Department of Community and Economic Development. Each university is receiving $100,000 in DCED money plus $25,000 from the Greater […]
University of Buffalo Catalyst Fund puts $214K into promising inventions
UB’s Catalyst Fund has awarded $213,762 to five UB inventors or research teams developing promising technologies in the life sciences. The financial support will enable the researchers to conduct efficacy studies and other projects that demonstrate the commercial value of potential products. The goal is to move promising technologies closer to the market.
Boyd Ventures funds two University of Tennessee student companies
College Campuses are prime target markets and hotbeds of potential innovation, according to student entrepreneurs selected as winners of grants from the Boyd Venture Fund at the University of Tennessee. The fund, administered through the Anderson Center for Entrepreneurship and Innovation in the UT College of Business Administration, selected InHouse GFX and Adams Innovation to […]
New York Gov. Cuomo suggests a $50M venture fund, target early-stage start-ups and university technology
ALBANY — Start-up companies in New York state will have Niagara Falls to thank for some of a $50 million venture capital fund that the governor wants to create. One of several ideas that Gov. Andrew Cuomo has proposed to help encourage the growth of high-tech start-ups in the state is what’s being called the NYS Innovation Venture Capital […]
Drug discovery proof of concept grants show promise at Temple
An innovative funding model designed to promote interdepartmental collaboration with the Moulder Center for Drug Discovery Research in Temple’s School of Pharmacy is already showing results. As part of the expansion of the Moulder Center in 2010, the university established a competitive process for awarding two-year, $100,000 Drug Discovery Initiative (DDI) grants. These proof-of-concept grants allow researchers across […]
Prostate cancer drug candidate funded by University City Science Center QED program
Could a compound developed by two University of Delaware faculty members be a new line of defense against prostate cancer? Robert Sikes, director of theCenter for Translational Cancer Research (CTCR) and associate professor ofbiological sciences, and John Koh, associate director of the Delaware Biotechnology Institute (DBI) and professor of chemistry and biochemistry, believe they have indeed invented a new […]