How Canada can provide a powerful spark for innovation through an SBIR-like program
“Government is a big buyer with many complex challenges. Entrepreneurs with innovative solutions to these problems should have a shot at solving them, don’t you think?” This was a question asked this fall by federal Minister of Small Business and Tourism Bardish Chagger in a speech she gave to celebrate Small Business Week in Ottawa. […]
Defence innovation fund launched at Strathclyde
An innovation fund aimed at boosting developments in data-driven decision-making technologies has been launched at the University of Strathclyde. Minister for Defence Procurement Harriett Baldwin announced the £3 million Defence and Security Accelerator competition at the inaugural Maritime Enterprise Innovation Scotland Conference, in the University’s Technology & Innovation Centre. Ms Baldwin said: The Defence Innovation […]
Rainbow Seed Fund’s £200m Investment in UKs Deep Science at Universities
Rainbow Seed Fund, an early-stage venture capital fund focused on promising technologies developed at the UK’s largest publicly-funded research facilities and campuses, today announces that the fund have now leveraged more than £200m to work supporting UK’s most ground-breaking and innovative companies. Since the Fund’s inception in 2002, Rainbow Seed Fund has been investing in […]
University of South Florida seeks to build $10M startup fund
The University of South Florida has received a federal grant to create an early-stage seed fund aimed at helping retain Tampa area businesses. Seed Tampa Bay, from USF’s Innovation Enterprise and funded by a $250,000 U.S. Economic Development Administration grant, will invest in tech-oriented startup firms with high growth potential. By 2019, USF hopes to […]
StartUP FIU Pitch Day brings early-stage ventures to investors
More than 300 came out to StartUP FIU’s first-ever Pitch Day on Tuesday, where entrepreneurs were given the opportunity to present their ideas to a group of angel investors and venture capitalists. Of the startups that took the stage, five were invited to continue in investor discussions The companies include: Bid Aero, a sourcing and […]
Center for Innovative Technology (CIT) releases 2016 annual report on research commercialization and funding
The Center for Innovative Technology announced the release of the Commonwealth Research Commercialization Fund annual report for FY2016, which tracks the Fund’s investments in high-potential initiatives throughout Virginia. Outcomes reported in FY2016 by Fund awardees identify early returns on the Commonwealth’s investments. The CRCF was created by the Virginia General Assembly to accelerate innovation and […]
Michigan State University Venture Fund Startup Develops Smart Headband To Detect Head Impacts
The Michigan State University Foundation (MSUF) has announced its newest program, Red Cedar Ventures, which features a pre-seed fund and opportunity focused on helping Michigan State University-based startup companies. “We have been working hard to put together a campus-wide ecosystem for entrepreneurs that embraces all of the creative talents across the university,” MSU President Lou […]
Psst, Rowan has a $5M venture fund
The venture fund is an outgrowth of the late Rowan’s transformative gift of $100 million in 1992 to what then was Glassboro State College. The money has remade Rowan (renamed for its benefactor) which operates two medical schools, and has attracted high-caliber faculty to its engineering program. Bridging off of its good fortune, Rowan president […]
University of Chicago Investing $25M From Endowment Into Its Own Startup Companies
The University of Chicago is pulling $25 million from its endowment to back business ideas from faculty, students and alumni. The university on Friday announced it will tap into its $7.1 million endowment to provide funding for startup companies founded or that include people from the university or ideas developed on the Hyde Park campus. […]
St. Louis venture fund. RiverVest Venture Partners, makes $15 million bet on its hometown
When RiverVest Venture Partners opened its doors in 2000, hopes were high that it would be an important funding source for St. Louis’ nascent biotechnology industry. RiverVest went on to be a highly successful venture capital firm, managing $290 million and demonstrating a knack for identifying health care startups that would later go public or […]