QED commercialization program to create life science spinout companies gets $1M grant
A few years after it launched a QED Proof of Concept funding program, the University City Science Center has unveiled a new fund for a commercialization program. It’s fueled by a $1 million grant from the U.S. Economic Development Administration, according to a statement from the Science Center. Stephen Tang, the CEO of the Science […]
Innovation Works collects almost $24 mln for early-stage Pittsburgh tech fund
Investment in Pittsburgh technology companies is significantly increasing due to an uptick in investment from existing, local venture capital, an influx of out-of-town investment, and now a new fund from Innovation Works called Riverfront Ventures. In just the first nine months of 2014, the amount of venture capital flowing to Pittsburgh’s growing technology companies is […]
Penn GSE’s Innovative Collaboration for Start-Ups Finalizes Newest Cohort
Philadelphia, PA, July 1, 2014 – Penn’s Graduate School of Education (Penn GSE) has announced that the Education Design Studio, Inc. (EDSi), a $2.1 million hybrid incubator and seed fund built specifically for education ventures, has selected its second cohort of entrepreneurs to join them in Philadelphia this August. Nine early stage edtech start-ups have signed […]
Alumnus Gifts $110M To Thomas Jefferson University; Supports New Research Fund
Thomas Jefferson University has received a $110 million gift — the single largest in its history — from the Sidney Kimmel Foundation. The gift will benefit Jefferson Medical College, which will be renamed the Sidney Kimmel Medical College at Thomas Jefferson University effective today.
QED Program launches seventh round of funding; to put near $1M in start-ups
As the University City Science Center’s QED proof-of-concept program launches its seventh round, one of its newest academic partners, The Pennsylvania State University, has expanded its involvement from the Medical College at Hershey to include its main campus at University Park. University Park hosts hundreds of life science researchers in colleges including the Eberly College […]
Five student startups get $60K from McGinnis Venture Competition
Five student startups from Carnegie Mellon University are getting a little more support, earning $60,000 in investment capital through the 2014 McGinnis Venture Competition, a cross-campus entrepreneurial challenge.
Drexel University announces $400K in POC awards in inaugural round
In its first round of proof-of-concept funding, Drexel Ventures -the University’s new technology accelerator and transfer enterprise- is supporting research that could lead to improved solar cells, new drug therapy for treatment of Parkinson’s Disease, safer chemicals for oil extraction and smarter software system monitoring. Investigators for each project will receive $100,000, from Drexel’s Innovation […]
University City Science Center Houses Two New Startups
Two biotech startups have a new home at the University City Science Center. The companies, Targeted Therapeutic Solutions (TTS) and Innolign Biomedical, are coming in from UPstart, a startup incubator through the University of Pennsylvania’s Center for Technology Transfer.
University of Pennsylvania Unleashes New $2.1M Hybrid Incubator/Seed Fund
With funding from an array of venture capitalists and investors, four education startups are getting support from the Education Design Studio Inc. (EDSi), a new hybrid incubator and seed fund established by the University of Pennsylvania’sGraduate School of Education.
U Penn’s Graduate School of Education launches $2.1M hybrid fund for education innovation
Philadelphia, PA, September 18, 2013 – Penn’s Graduate School of Education (Penn GSE) has announced that the Education Design Studio, Inc. (EDSi), a $2.1 million hybrid incubator and seed fund built specifically for education ventures, will launch September 23 in Philadelphia. The fund, which will nurture five early stage start-ups, is a one-of-a-kind collaboration between Penn GSE […]