Sen. Gillibrand gets it, highlights proposed AIA Innovation Bank and proof of concept funds
UDATE: VESTAL, N.Y. — Researchers at Binghamton University are working on developments in areas such as solar energy. But they don’t always have the resources they need to take their ideas to the next level. “They might not be ready to get venture capital, but are beyond the point where they can be funded by […]
INCITE fund announces three more investments into IT, healthcare, and transportation
A state investment fund designed to support innovative small businesses announced a new round of investments Monday. The INCITE Co-Investment Fund, which provides public dollars to supplement private investments by venture capital funds and investors in Tennessee companies, said three companies will receive $5.3 million in funding, $1.55 million of which will come from INCITE. Franklin-based Agilum Healthcare Intelligence Inc., a […]
Alabama Innovation Fund supports four U Alabama Research Projects
Four University of Alabama research projects were among 15 such projects at state universities that have received a total of $4 million in grants from the Alabama Innovation Fund. Gov. Robert Bentley announced the grants Wednesday at the state’s Innovation and Entrepreneurship Conference in Hoover, saying the ongoing research and innovation will help create jobs […]
U Chicago Innovation Fund supports POC study for a predictive healthcare approach
This study demonstrated the usefulness and accuracy of VG-Bio’s system and helped the company in December 2011 to win a $75,000 grant from the University of Chicago’s Innovation Fund, which is administered by UChicagoTech. The grant is funding a larger proof-of-concept study that will help VG-Bio continue raising venture capital and move its product further […]
University of California Office of the President announces new round of POC Commercialization Gap Grants
The UC Office of the President’s Proof of Concept (PoC) Commercialization Gap Grants program funds promising innovations that are nearly ripe for the market, but require one last round of testing or demonstration to prove commercial viability. Then investors and industry partners, perhaps, will come calling. A total of $2.6M was awarded to 22 researchers at six […]
i2E scores a win for state in Oklahoma, leverages $23M in additional capital
We had the opportunity to showcase innovation 2 Enterprise in a web-workshop earlier this year, a Oklahoma state supported POC/seed stage accelerator/investor. They recently reported a major success in leverging $23 M for Selexys Pharma and MPM Capital to sickle cell and Crohn’s drugs. Pending a successful trial there could be a payout of nearly […]
Utah’s Tech Commercialization and Innovation Program invests $600K in 15 more projects
Fifteen promising innovative technologies just got a $40,000 boost. For the first round of the new fiscal year, the Utah Governor’s Office of Economic Development (GOED) approved $600,000 of grants in support of new technology and research that universities and university licensees are seeking to take to market. The grants are designed to help build […]
Portland Seed Fund touts third round of start-ups, raising a second fund
Portland Seed Fund Funding: $3 million from private and public sources, including $800,000 from the city of Portland, $250,000 from Hillsboro and $500,000 from the Oregon Growth Account (funded by state lottery dollars). The plan: Seed two dozen companies over two years with initial funding of $25,000 apiece. Follow up with additional funding for the […]
U-M’s New Drug Discovery Center to Commercialize Research; provide seed grants
Last week, the University of Michigan announced a new Center for the Discovery of New Medicines (CDNM) to help speed the school’s research findings to the marketplace. The new initiative is a cross-departmental effort to leverage resources like former Pfizer researchers, unique libraries of compounds, and a culture of data sharing to streamline early-stage drug discovery in an age where big pharma is increasingly […]
IP Shakti, offers proof of concept approach and funds for life science and biomedical innovation
IP Shakti, LLC, a Princeton based innovation fund, offers a new approach for investing in the early stages of life science and biomedical innovation. University inventors often face the “valley of death” funding gap when they look to develop a new innovation. IP Shakti is now an option for medical device innovators when venture capital […]