Invent Penn State’s Fund for Innovation awards $75,000 to Persea Naturals
One of the latest ventures to come out of Penn State, Persea Naturals, began with an unintended discovery. Gregory R. Ziegler, professor of food science in the College of Agricultural Sciences, was extracting starch from avocado pits when he noticed something interesting. When avocado pits are pulverized, an enzymatic reaction produces a bright orange color. […]
New State Fund Helps Commercialize Early Tech from MI Universities
University technology transfer programs in Michigan now have a new pot of money to support their efforts, thanks to a fund supported by the Michigan Economic Development Corporation. The University Early Stage Proof of Concept Fund, also known as the Advance grant program, will help move research projects and technologies developed at Michigan universities from […]
Interview with Sierra Ventures, located at U Illinois, eyeing early stage startups
Venture capital used to be a cottage industry, with very few investing in tomorrow’s products and services. Oh how times have changed. While there are more startups than ever, there’s also more money chasing them. In this series, we look at the new (or relatively new) VCs in the early stages: seed and Series A.But […]
2 tech startups win $125,000 from Macomb Innovation Fund
Two technology startups in Oakland Country are receiving a $125,000 boost from the Macomb Innovation Fund. Funded by Macomb Community College’s Strategic Fund and part of J.P. Morgan Chase’s $150 million commitment to Detroit’s economic recovery, the award is designed to advance progress of larger scale funding for startup companies with high growth potential. Munetrix, […]
New investment fund is targeting drug development at the University of Pittsburgh
University of Pittsburgh Chancellor Patrick Gallagher’s efforts to hotwire the region’s fledgling life sciences industry is getting a spark from a new seed capital fund targeted to helping develop new medications. The Pittsburgh Revolution Fund is soliciting $200 million, which will be made available in the form of investments in drug research teams with the […]
How University of Hawaii Hopes To Turn Research Into Business Startups
In a move designed to strengthen the University of Hawaii’s position as a hub for economic development, the state is on the verge of adopting a program designed to help commercialize intellectual property created at UH. House Bill 847, which is now awaiting Gov. David Ige’s signature, would establish the University Innovation and Commercialization Initiative […]
The University of New Hampshire Establishes an Innovation Fund
Innovation is the need of the hour. This one statement holds a significant weight in the business world. The increasing competition in the business world and rising number of entrepreneurs have made business owners more inclined to incorporate innovation. The markets have become saturated with similar products and services. However, a single differentiation factor, regardless […]
New $40M Venture Capital Catalyst Fund Will Be Critical to Start-Up Growth in New Mexico
New Mexico is still mired in muck from the recession, but better times may be coming for local entrepreneurs looking to start new businesses. About $40 million in new venture capital could soon be flowing into startups across the state now that the State Investment Council’s new Catalyst Fund has begun doling out money for […]
Louisiana Tech TOP DOG New Venture Championship winners announced
A total of $12,500 in cash and prizes were awarded recently to the most innovative, student-developed product and service ideas at the 2017 TOP DOG New Venture Championship at Louisiana Tech University. Awards were presented to the top three finishers in the competition with the “Lunch Pad” team of Jon Emas (supply chain), Nathaniel Foster […]
Inova Health System, University of Virginia fund first joint research projects with seed fund
Inova Health System and University of Virginia are kicking off their new partnership with $450,000 in seed money to fund nine joint research projects geared toward better predicting, preventing and treating disease. The seed fund helps launch a larger $112 million partnership that Falls Church-based Inova Health System announced six months ago with the Charlottesville […]