Egypt to launch $100m VC fund
Egypt’s Information Technology Industry Development Agency (ITIDA) is set to launch a US$100 million venture capital (VC) fund in 2016, in a bid to stimulate innovation and entrepreneurship in the country’s ICT sector.Speaking to Disrupt Africa, ITIDA said the agency plans to launch one or more VC funds across the year, in collaboration with the […]
Israel Venture Funds on Track to Raise $1.5 Billion for 2015
Israel’s venture capital funds raised $1.02 billion last year for investment in startup companies – a figure that may still grow by $500 million to the highest total in many years, the IVC Research Center and accounting firm KPMG said in a survey released Tuesday. Israeli VC funds raised less than the $1.21 billion they […]
African Technology Innovation Agency (TIA) seed funds inspirational
A START-UP is one step closer to getting its innovative software solution that tackles online piracy to market, following R500,000 in seed funding it received from the Technology Innovation Agency (TIA).Custos Tech is one of almost 300 projects the agency, an initiative of the Department of Science and Technology, has assisted with seed funding in […]
Israel ready to fund joint R&D investment fund
If the federal government does not grab the opportunity presented by Israel to set up a jointly funded research and development fund we will know all the talk out of Canberra about innovation is hollow rhetoric. Israel would welcome an R&D partnership fund. That was made clear to Chanticleer on Monday during an interview with […]
Enterprise Ireland ranked third best venture capital fund in world for seed investment
Investors are ranked by the number of seed rounds since 2010. Executive director at Enterprise Ireland, Kevin Sherry, said that getting funding for start-up companies is a crucial function of EI. “A key focus for Enterprise Ireland is providing seed capital to start-up companies and we are delighted to have been ranked third among top […]
University of North Dakota Venture Group: Allowing students to completely run their own, real venture capital investment fund
At the University of North Dakota, students are completely running their own venture capital fund through the Dakota Venture Group (DVG) program. It’s the only one of its kind currently in the U.S. where students get direct experiential learning in the field of venture capital and angel investing without having to report to an advisory […]
Commentary: America’s Seed Fund is powering Texas innovation
Innovation is the critical ingredient to creating and growing a successful start-up, but innovation requires money – money that can be very hard to find, especially if your innovation is “high-risk/high-reward.” Wouldn’t it be great if a venture capitalist investor came to Texas, offering $2.5 billion seed investments in cutting edge technologies created by early […]
UI awards $625,000 in funding to help faculty members turn inventions into businesses
A desalination device that also creates electricity and a screening system to detect symptoms of delirium are among the University of Iowa faculty inventions that were awarded a total of $625,000 in gap funding by the University of Iowa Research Foundation (UIRF). In place since 2007, the UI Commercialization GAP Fund Program has been highly […]
Invent Penn State: Power of partnerships in innovation
Earlier this year, Penn State President Eric Barron unveiled Invent Penn State, an initiative to spur economic development in Pennsylvania, propelling Happy Valley into a hub for innovation. This is an audacious goal, and the announcement has created significant activity and a groundswell of optimism from those eager to get involved. Invent Penn State is […]
Ghana Universities asked to expedite action on establishing research fund – Ghana Business News
Professor Mahama Duwiejua, former Executive Secretary of the National Council for Tertiary Education has asked the universities to work with government to expedite action on establishing a research fund. He said the Fund allocation should be channelled through science and engineering, health sciences and social and humanities councils. Prof Duwiejua, who made the request when […]