MEDC Creates $3 Million Tech Startup Stabilization Fund To Support Second-Stage Companies
The Michigan Economic Development Corporation has created a $3 million Tech Startup Stabilization Fund to invest in early-stage tech startups in Michigan that are being impacted by the COVID-19 outbreak. Administered by ID Ventures , the Tech Startup Stabilization Fund will provide early-stage tech companies direct investments or loans that can be converted into equity. Investment and loan sizes […]
Ohio State U Office of Research awards second round of COVID-19 seed funding
The Ohio State University continues to invest in new research to help battle the COVID-19 pandemic. Seven projects were awarded a total of $204,000 in the second round of COVID-19 Seed Funding. The Office of Research launched the funding program earlier this month with $263,718 dedicated to six projects in the initial round. Each of the projects […]
Tufts University, Tufts Medical Center establish seed funding program for COVID-19 research
Tufts University and the Tufts Medical Center jointly established a seed funding program to mitigate the effects of the coronavirus; the program offers $300,000 in grants that are available to research teams across the university and medical center. The university hopes to fund six research projects, each of which will be allocated $50,000 to fund coronavirus research. Caroline Genco, vice provost for […]
InNEVator accelerates early-stage companies with pivot to online
It’s typical that early-stage companies participating in the InNEVator, an eight-week, fully funded bootcamp, decide to pivot and redirect the course of their business concept. For the spring 2020 program, however, it was the bootcamp itself that needed to quickly pivot to an entirely online format in response to the COVID-19 pandemic and the “Stay […]
Seton Hall University Student Entrepreneurs to Compete in Virtual Statewide UPitchNJ Startup Contest
Two Stillman School of Business undergraduate students — Luke Tyler, a sophomore majoring in finance and minoring in computer science, and Mariam Bsharat, a junior majoring in finance, marketing and entrepreneurship — are representing the University in the fifth annual statewide UPitchNJ contest. The students, who were this year’s winners in Seton Hall University’s Pirates Pitch startup […]
HBS New Venture Competition: Entrepreneurs Innovate in a Time of Crisis –
Late yesterday afternoon, video screens around the world were glowing as the winners of the 23rd annual HBS New Venture Competition (NVC) were announced. This year’s finale, which was all virtual in this COVID-19 era, featured 20 student and alumni finalist teams vying for $300,000 in cash and in-kind prizes. The top prize in the […]
Purdue Foundry startups receive funding from Elevate Ventures to spur growth
Five Purdue Foundry-affiliated startups are among the businesses from around Indiana to win funding by Elevate Ventures to spur growth. The startups are among 16 chosen from 58 finalists that competed Feb. 25-27 in the second regional Elevate Nexus Pitch Competitions. Elevate Ventures awarded a total of $680,000 in preseed and seed funding. The Purdue-affiliated startup […]
Submissions invited for UW/WARF COVID-19 Accelerator Challenge – WARF
$100K fund to accelerate solutions in development at UW–Madison MADISON, Wis. – The Wisconsin Alumni Research Foundation announced it will dedicate resources and a portion of its WARF Accelerator funds to inspire and advance technologies poised to combat the COVID-19 pandemic. The UW/WARF COVID-19 Accelerator Challenge invites Principal Investigators (PIs) and their teams to submit […]
Tucson Tech: UA-focused venture fund invests in aircraft missile-defense startup
University of Arizona-focused venture capital fund has invested in an optics startup developing laser-based countermeasures to protect military and civilian aircraft from missiles. UAVenture Capital’s undisclosed investment in CMLaser Technologies Inc. is the fund’s 15th portfolio investment in just over two years. Based on an invention of longtime UA optics professor Nasser Peyghambarian and patented […]
Alumni-led agtech startup The Bee Corp receives $250K investment from IU Philanthropic Venture Fund
The IU Philanthropic Venture Fund, managed by IU Ventures, is investing $250,000 in The Bee Corp, an Indiana agtech startup developing solutions for growers and beekeepers who rely on commercial pollination. The company uses infrared cameras that attach to a smartphone to provide a noninvasive look at the health of the hive. More than half a dozen […]