City Science Center QED POC program to fund four projects
Two digital health projects and two life science projects will receive a total of $600,000 from the University City Science Center’s QED Program, the Science Center announced December 19, 2012. Since its launch in 2009, the regionally competitive proof-of-concept program supporting technology commercialization has awarded $3 million to 16 projects in Pennsylvania, New Jersey and […]
Pennsylvania governor puts dollars behind innovation initiatives, new funding programs
To position Pennsylvania as a national leader for technology development, Gov. Tom Corbett’s administration announced today the awarding of new investments to support business, community and university-based innovation. “The governor is committed to providing our start-up companies and entrepreneurs with the resources they need to grow here and stay here,” Department of Community and Economic […]
Drexel University announces new venture fund
Less than a week after Philadelphia Mayor Michael Nutter announced a public-private venture fund, a Philadelphia university said it will launch a venture fund next year. Drexel University president John Fry mentioned the venture fund as part of a presentation mapping out the university’s plans for transforming a section of the surrounding neighborhood into an […]
University City Science Center POC program funds handheld breast cancer diagnostic technology
A breast cancer diagnostic startup that uses fingertip sensors to detect tumors has received a research grant of more than $878,000 to advance its handheld diagnostic device. UE Lifesciences’ “Intelligent Breast Exam” can distinguish between normal breast tissue and a tumor. Breast cancers are stiffer and less mobile than the surrounding tissue, according to a paper documenting […]
Pennsylvania University Partnership Funds Translational Research Through The Energy Commercialization Institute (ECI)
Alternative energy research projects involving four faculty members from the University of Pennsylvania have been awarded grants from the Energy Commercialization Institute,a translational-research partnership that draws upon several regional universities.
State-supported, Pennsylvania venture fund to support early stage software companies
The dearth of early-stage capital available to fund young technology companies in the Philadelphia region is nothing new. It was a source of concern for entrepreneurs and economic-development types in the late ’80s, when I moved here. Hand-wringing resumed early last decade after the bursting of the technology-stock bubble. And since the financial crisis-induced recession, […]
Ben Franklin’s Energy Commercialization Institute awards translational research grants to area universities
The Energy Commercialization Institute (ECI), the region’s first university-based energy commercialization partnership, has awarded $500K to five university-based translational research and commercialization projects. The funding is intended to jump start promising technologies and help build southeastern Pennsylvania’s alternative energy infrastructure.
Philadelphia-based University City Science Center announces call for QED program
The QED Program will award up to $200,000 to up to four projects. Sixteen projects will receive guidance from market insiders and business advisors who add a commercial development perspective as investigators develop research strategies aligned with private sector interests. To date, QED has committed $2.4 million in awards to a total of 12 projects, […]
Update: Axonia closes on $2M in seed funding. Gap funds play a role (Ann Arbor SPARK, Western Michigan University RF, and others)
Axonia Medical, an early stage company pioneering a revolutionary approach to repair and restore damaged peripheral and central nervous systems, announced today that the company has closed on $2.0 million in seed financing. The financing was led by Southwest Michigan First Life Science Venture Fund and included participation from Ann Arbor SPARK and Western Michigan […]