UAB establishes $500,000 innovation fund to support university start ups
The Bill. L. Harbert Institute for Innovation and Entrepreneurship at The University of Alabama at Birmingham has established a $500,000 Innovation Fund to support the development of early-stage discoveries and promising new university startups. Jan. 1, 2019, UAB whose research has demonstrated commercial potential may apply for up to $35,000 in funding to further develop […]
Puerto Rico Science Trust to Lead NIH Initiative to Support Biomedical Technology Transfer and Acceleration in Puerto Rico
Grant funds will help build capacity to move scientific discoveries and technologies from the lab and into commercial products to improve patient care and enhance human health. Awards were made by the National Institute of General Medical Sciences (NIGMS), part of the National Institutes of Health (NIH), for Regional Technology Transfer Accelerator Hubs for Institutional […]
Two IURTC venture funds invest $400,000 in marketing data technology company
The Indiana University Philanthropic Venture Fund and the Innovate Indiana Fund have invested $400,000 in Indianapolis-based Zio Inc. Zio has created its Customer Insight Marketing Platform for brands in the retail sector. The company was co-founded by CEO Angel Morales and IU graduate Reuben Vandeventer, who is its chief data scientist. Morales said the platform creates insights into […]
Five student ventures progress to compete for $100,000 prize in 2019 ASU Innovation Open | ASU Now: Access, Excellence, Impact
Last Friday, five student-led teams each won $5,000 and moved one step closer to potentially earning the $100,000 grand prize to fund their startups in the ASU Innovation Open pitch competition. Excitement and expectation reverberated throughout the presentation room at ASU’s SkySong campus as the early-stage entrepreneurs representing the top 15 ventures presented five-minute pitches […]
Seven Purdue-affiliated startups receive investments totaling $200,000 from Elevate Purdue Foundry Fund
Elevate Purdue Foundry Fund announced Tuesday (Dec. 18) that it has awarded a total of $200,000 in investment funding to seven Purdue University-affiliated startups. The fund is a joint venture between the Purdue Foundry, a Purdue-based startup accelerator, and Elevate Ventures, a private venture development organization that supports the development and success of entrepreneurs across Indiana. The fund’s […]
Michigan Strategic Fund Approves Extensions for Business Incubators, Grant Programs Supporting Early-Stage and Commercialization of Tech Companies
Aimed at supporting the continued economic growth and stimulation of Michigan’s entrepreneurial ecosystem, the Michigan Strategic Fund (MSF)—administered by the Michigan Economic Development Corporation (MEDC)—has approved funding extensions totaling $1.8 million for six statewide programs. Each program strategically capitalizes on resources allocated through state funding to promote early-stage startups and the commercialization of cutting-edge technologies. […]
StartUpNV using federal grant to spark startup investment
Nonprofit startup incubator StartUpNV plans to launch an annual investor conference in Southern Nevada using a $300,000 federal grant. StartUpNV was one of 16 organizations to receive the Economic Development Administration’s 2018 Seed Fund Support Program grant. Jeff Saling, StartUpNV co-founder, said the incubator will use the funding to launch the Southern Nevada Angel Conference […]
Elevate Ventures makes three-year investment commitment to Bloomington, Columbus
Elevate Ventures, Bloomington-based incubator The Mill and the Columbus Area Chamber of Commerce on Thursday announced they have entered a three-year agreement to invest $2.5 million to bolster the entrepreneurial ecosystems in Bartholomew, Brown and Monroe counties. The announcement was made at Big Woods at Hard Truth Hills restaurant in Nashville. The regional partners plan […]
Case Western Reserve University, three NE Ohio companies receive a total of $950,000 from Third Frontier
The Ohio Third Frontier Commission on Thursday, Dec. 6, announced it approved a total of $3.15 million in awards to boost entrepreneurs and technology startups statewide — nearly $1 million of which went to recipients in Cuyahoga and Summit counties. The largest single award went to NextTech Inc. in Toledo, which received a $2 million grant to […]
How the New Venture Challenge Is Helping Cement Chicago’s Reputation as the Next Great Startup Hub
At first glance, Tovala’s Chicago headquarters looks like an ordinary apartment. But upon opening the front door to the office space, located in the city’s River West neighborhood, visitors are greeted with an open space filled with boxes, home goods and employees buzzing like worker bees. Some cooked in the test kitchen. Others sat at their […]