Announcing the 2016 Illinois Proof-of-Concept Program Award Recipients
The University of Illinois at Urbana-Champaign Office of Technology Management (OTM) is pleased to announce the 2016 awardees of the Illinois Proof-of-Concept Funding Program (I-POC). I-POC facilitates development projects that demonstrate an innovation’s market viability to potential investors and partners. Projects consist of a defined set of milestones that, when completed, help overcome a specific hurdle to […]
Enterprise Ireland’s €500,000 agricultural fund opens for applications
Enterprise Ireland’s €500,000 Competitive Start Fund (CSF) to support start-up activity in the agricultural and manufacturing sectors opens for entries today, September 21. The fund provides €50,000 in equity fundingfor each successful applicant and will close at 3pm Wednesday, October 5, 2016. Now in its second year, the purpose of the Competitive Start Fund is to […]
University of Tokyo to invest in affiliated startups
The University of Tokyo will launch one of Japan’s largest university-tied investment funds by the end of the year, pouring up to 16 billion yen ($157 million) into affiliated startups in pharmaceuticals, materials and other fields with long timelines that tend to deter private investors. Pending approval from the education ministry, the university will put 23 […]
Imperial Innovations invests £5.1m in new biotech start-up
AIM-listed technology investor Imperial Innovations invested £5.1m in Artios Pharma, a new biotech start-up launched on Wednesday. Imperial Innovations contributed £5.1m to the £25m series A funding round, giving it a 14.9% interest in the new Cambridge- based company. Artios, which is backed by a syndicate of leading European and US life science investors including […]
GMC Life Sciences Fund Makes Further Seed Investments in universities
Catapult Ventures, managers of the GM&C Life Sciences Fund, has announced that it has completed two new seed investments. The Fund completed a seed investment into sensor technology developer Kanichi Research in August and in September, it completed the seed funding of Virustatic, which develops anti-microbial materials. The GM&C Life Sciences Fund makes initial investments […]
Arkansas Innovation Hub Announces Kickoff of Inaugural I-Fund Program
The Arkansas Regional Innovation Hub of North Little Rock announced Wednesday that eight teams representing five universities kicked off an inaugural 12-week I-Fund program in Fayetteville over the weekend. I-Fund is an early stage, proof-of-concept fund formed to capitalize and train university startups, according to the Hub’s website. Each team, which has at least one […]
Silicon Valley, Michigan Tech MTRAC Help Fast-Track Commercialization of Tech Research
This is a key to early career success because graduate students help generate new knowledge, and new knowledge leads to research publications, the gold standard of professional recognition. But Xiaohu Xia, an assistant professor in Michigan Tech’s Department of Chemistry, knew that he was not likely to do things in the normal fashion when he […]
UTSA alumna’s medical device receives $150K UT System investment
The UT Horizon Fund recently invested $150,000 to fund Cardiovate, a San Antonio-based startup that is using technology from two University of Texas System institutions to commercialize a medical device to treat vascular diseases by repairing blood vessels. The UT Horizon Fund — a formative-stage venture fund created by the UT Board of Regents that […]
U of Chicago ExplORer Surgical Announces $1M Seed Round
ExplORer Surgical, a leading developer of an intraoperative workflow management tool for surgery, announced today the closing of $1 million in seed round funding. Investors include CJM Ventures, M25 Group, SymphonyAlpha Ventures, The University of Chicago Innovation Fund, Wasson Enterprise, as well as prominent healthcare and technology angel investors. ExplORer prevents delays & disruptions that […]
Michigan Economic Development Corporation to provide more money for entrepreneurship, innovation
The Small Business Development Center, Invest Detroit, Automation Alley and TechTownare some of the beneficiaries of a budget increase for support of entrepreneurship and innovation by the Michigan Economic Development Corp. for the fiscal year that begins Oct. 1. According to Emily Guerrant, MEDC vice president of marketing, the budget for entrepreneurship and innovation has […]