NC State University Commercialization Breaks Records, 169 licenses and 15 startups in 12 months
NC State’s Office of Technology Commercialization and New Ventures has just completed its most successful year ever, launching a record 15 startup companies, executing a record 169 licenses and options and filing 241 patents in the past 12 months. And, with new resources focused on assisting NC State faculty and startups, the trend is likely […]
NC Biotech Center awards $3.6M in loans, grants :: Editor’s Blog at WRAL TechWire
The North Carolina Biotechnology Center awarded 47 loans and grants totaling $3.6 million to universities, bioscience companies and other entities in the fourth quarter of its 2016-2017 fiscal year ending June 30. The awards will support life science research, technology commercialization and entrepreneurship throughout North Carolina and help universities and companies attract additional funding from […]
University of Michigan fund invests $100K in cosmetics startup
The Zell Lurie Founders Fund at the University of Michigan has made a seed investment of $100,000 in Ann Arbor-based Sahi Cosmetics LLC, a startup that was part of last winter’s cohort of companies at the Desai Accelerator. The accelerator is a joint venture between the Zell Lurie Institute at UM’s Ross School of Business […]
SparkLabs launches $50M fund for promising early-stage startups in Korea
SparkLabs Group started in 2012 with a Seoul-based accelerator dedicated to boosting South Korea’s then-nascent startup ecosystem. Now it’s going back to its roots with the launch of a $50 million fund for early-stage Korean startups that want to expand globally. The Korean fund’s anchor investors are SeAH and Korea Development Bank/Multi-Asset. Led by Brian Kang and […]
WARF to rev up funding for startup companies | Business Report | chippewa.com
WARF is blazing forward with efforts to turn UW-Madison discoveries into products on the market, and will triple its spending on entrepreneurial programs over the next several years. Erik Iverson, managing director of the Wisconsin Alumni Research Foundation, noted that studies have shown Wisconsin lags many other states in entrepreneurship, ranking Wisconsin 25th in the […]
Birmingham AI start-up secures £200,000 Centrica backing
Birmingham-based Grid Edge is the brainchild of three researcher friends, Tom Anderson, Dr Jim Scott and Dr Dan Wright, who met while working together at Aston University’s European Bioenergy Research Institute in 2012. Following three years of product development, the trio has created cloud-based energy management software which uses artificial intelligence (AI) to forecast the […]
UAB launches new commercial accelerator
The University of Alabama at Birmingham kicked off Innovation Week with a major announcement on Monday: the launch of a new commercialization accelerator program. The new program is designed to help students and faculty research ideas and concepts and build them into fully fledged companies. Enlarge UAB has launched a new commercialization accelerator program. BOB […]
University of Buffalo awarded $10 million grant to drive industry partnerships and innovation
The University at Buffalo received a 10-year, $10 million Center for Advanced Technology (UB CAT) in Big Data and Health Sciences designation from Empire State Development’s Division of Science, Technology & Innovation (NYSTAR). The state granted only one such designation. UB CAT, part of UB’s Office of Business and Entrepreneur Partnerships, provides support to enable […]
Venture fund works with corporate sponsors and Georgia Tech University to fund two startups
Engage Ventures, the largest strategic grouping of major corporations and brands in an independent venture fund, has made two investments in the trucking sector. One is in Sudu, an on-demand and scheduled trucking services that utilizes big data, predictive analytics and machine learning to connect companies that ship freight with a network of trucks and diverse […]
New MO regional chamber fund creates $5 million in seed capital for startups
The St. Louis Regional Chamber is partnering with local venture capital firms and banks to offer $5 million in seed capital for startups to spur economic development. Joe Reagan, the chamber’s president and CEO, announced the new Spirit of St. Louis Fund I at the chamber’s annual event Thursday night at Chaifetz Arena. Reagan said […]