HSBC launches £10bn fund to support UK SMEs
It is the largest package of support to be announced by HSBC for UK SMEs and has been structured regionally, so that small firms in England, Wales, Scotland and Northern Ireland can access funds. HSBC said the fund is designed to meet strong demand from UK SMEs and follows the success of the £8bn fund […]
Backed VC outs its “community-driven” €30M European seed-stage fund
Another day, another new European VC fund. This time it’s the turn of London-based Backed VC, which today is officially outing its €30 million pan-European seed-stage fund, although it’s been active since last year and has already made several investments. The aim, founding partner Andre de Haes tells me, is to bring a more “community-driven” […]
When is the right time to cash in? University Proof of Concept
As universities commercialise their research more and more, researchers need to navigate a labyrinth of choices – but how to decide the best route? Dr Robert Tansley explains the spin out landscape. This is probably one of the best eras in which to spin out a science or technology based business in the UK. Most universities now […]
UTSA students vie for $100K in prizes technology start-up contest
Get your pitch ready: The $100K Student Technology Venture Competition is back at UTSA on April 26. The competition, hosted by the UTSA Center for Innovation, Technology and Entrepreneurship (CITE), challenges UTSA students to create and pitch a product exciting enough to nab $100,000 in prizes and business-related services. The event is combined with the […]
University of Michigan, Michigan State target funds for Venture Capital from endowments
The University of Michigan‘s endowment has bolstered its alternative assets with more than $100 million in commitments to venture capital and real estate funds. Separately, Michigan State University reported its latest endowment strategies. The school doubled its commitment to $60 million to an outperforming alternative investment fund run byDrake Capital Advisors. UM plans a new […]
CincyTech predicts 600 new jobs with $30M fund
CincyTech has formed its fourth and largest fund to date, one that will provide about $30.75 million to invest in as many as 25 homegrown startups in the digital and life sciences fields. The Cincinnati-based accelerator projects the CincyTech Fund IV LLC will create at least 600 jobs in Southwest Ohio over the next five years. New hires would earn on average about $80,000 […]
The House Fund raises $6 million to invest in startups tied to UC Berkeley
A new fund has been created with the sole purpose of investing in startups coming out of University of California at Berkeley. Jeremy Fiance, former managing partner for the Dorm Room Fund, has raised $6 million to create The House Fund, which supports pre-seed and seed-stage companies with ties to the university. The House Fund […]
Bayer and Trendlines establish Ag Innovation Fund
Bayer and Trendlines, an Israeli innovation commercialization company, announced a partnership to invest in agricultural technologies through the establishment of the Bayer Trendlines Ag Innovation Fund. The flexible five-year partnership agreement includes a $10 million investment from Bayer, which will be managed by Trendlines. The partnership couples Bayer’s decades of experience in agricultural science, innovation […]
From the Lab to the Marketplace: Michigan Tech Researchers Find Help at Home to Commercialize Their Discoveries
Startupcompanies involving two Michigan Technological University faculty members have recently signed commercial licensing agreements, which represent important commercialization milestones.Both companies worked extensively with services and programs provided by the Technology Commercialization Team in MichiganTech’sOffice of Innovation and Industry Engagement. The team helps researchers move from technical discovery to product launch.Those services and programs included the […]
Can An Investment Fund Make Minnesota A Medtech Mecca?
If Minnesota really wants to realize its long-held dream of becoming a national hub for medtech and biotech research and to benefit from the high-paying jobs that could spawn, it needs a well-funded, long-range commitment from the state — and what better time to do that than with a $900 million budget surplus in hand? […]