Cleveland State and Kent State to work together on joint technology commercialization fund
Cleveland State University and Kent State University have been awarded a grant from the Ohio Third Frontier Commission to create a joint technology commercialization and startup fund, according to a news release. This news got a mention in an article about the Ohio Third Frontier Commission’s recent round of grants last week, but the universities’ […]
Innovate Indiana Fund invests in early-stage payment-fraud analytics company
A high-tech company that detects payment-card fraud using machine learning and data analytics will be able to launch a product for merchants later in 2017. It will also be able to increase the size of its technical team that works on a product for banks and credit unions. Rippleshot received an investment from the Innovate […]
OKC’s Datebox secures $2.6 million investment round, led by i2E Inc
Datebox Inc., an Oklahoma City startup company that provides couples with creative dating ideas and products, has secured a $2.6 million seed round investment. The investment round included $1.3 million from the i2E-managed Oklahoma Seed Capital Fund, along with $300,000 from the SeedStep Angels group, also managed by i2E. The seed round also included $1 […]
University System of Maryland Launches $25 Million Maryland Momentum Fund to Back Start-Up Companies Formed from Campus Research
To increase new company creation and commercialization of its leading-edge research, the University System of Maryland (USM) is launching a $25 million early-stage investment fund to be known as the Maryland Momentum Fund. The money-raising process for start-up companies typically is an uneven one. Therefore, the Maryland Momentum Fund will concentrate on filling gaps in […]
NJBIZ Exclusive: Hackensack Meridian entering innovation and incubator space with $25M fund
The board of Hackensack Meridian Health has approved a $25 million capital fund so the state’s second-largest health system can dive into the world of innovation and incubators, NJBIZ has learned. Hackensack Meridian officials said the effort is viewed as a new revenue stream as well as a way to elevate the organization onto a […]
Selena Gomez establishes new fund for Lupus Research at University of Southern California
People magazine reports that Selena recently made a donation to the University of Southern California’s Keck School of Medicine to establish the Selena Gomez Fund for Lupus Research. Selena revealed in 2015 that she suffered from the autoimmune disease, and even underwent chemotherapy as part of her treatment. In a statement, the singer says, “I […]
La Crosse Venture capital firm gets bolstered by investment from Badger Fund of Funds
How many business ventures can the Idea Fund fund now that it’s been funded by the Badger Fund of Funds? At least a dozen, Idea Fund of La Crosse managing director and La Crosse native Jonathon Horne hopes as his venture capital firm gets off the ground. Horne, the son of Judge Scott Horne, moved […]
Wisconsin Economic Development Corporation awards $700,000 in grants to support local efforts to provide seed funding for startups
Three economic development organizations have been awarded a total of $700,000 in matching grants from the Wisconsin Economic Development Corporation (WEDC) to be used to provide seed funding for technology-based startups and early-stage companies. The Milwaukee Development Corporation has received a $500,000 grant under WEDC’s Capital Catalyst Program for the creation of a $1 million […]
University of Arkansas announces $1M innovation grant program
Faculty and students at the University of Arkansas will be able to apply for innovation grants totaling up to $1 million through a new university program funded mostly with television revenue related to the airing of UA sporting events. “The university will invest up to $1 million in this fund annually to support cutting-edge ideas […]
University of Arkansas Chancellor’s New $1 Million Fund Advances Multiple Guiding Priorities
University of Arkansas Chancellor Joe Steinmetz has created a new campus fund as an initiative to support several of the university’s eight guiding priorities, established this past fall. When fully funded the Chancellor’s Discovery, Creativity, Innovation and Collaboration Fund will invest $1 million a year in new projects designed to enhance the university’s research and […]