Yale, UConn Get $10 Million To Spur Biotech Ventures – Hartford Courant
Yale and UConn are collaborating to launch a new initiative to spur the creation of biotechnology companies in Connecticut. With a $10 million grant from Connecticut’s Bioscience Innovation Fund, the new effort will be called Program in Innovative Therapeutics for Connecticut’s Health or “PITCH” and will be created by the Yale Center for Molecular Discovery […]
U Maryland E-Nnovation Initiative fund, Oculus, team on new fund
The University of Maryland is working to establish itself as the premier virtual reality research center in the nation, and on Thursday it received a huge public sector vote of confidence. The Department of Computer Science at UMd will have all of the private donations it receives of at least $500,000 for endowed professorships doubled […]
Second Malta €100,000 seed fund enables eight new start-up firms to take off – timesofmalta.com
The University of Malta and the Ministry for the Economy, Industry and Small Business fund awards give start-ups cash for step change. The second €100,000 Takeoff Seed Fund Award will benefit eight researchers and entrepreneurs to help them take their innovative ideas to the next stage of commercialisation. The ceremony, attended by Minister Chris Cardona, […]
University of Wisconsin FluGen snaps up $12 mln Series A
FluGen Inc., a biotechnology company developing a novel “universal” influenza vaccine, has completed a $12 million Series A financing. Venture Investors LLC, the Wisconsin Alumni Research Foundation (WARF), the State of Wisconsin Investment Board, and other new investors participated in this first institutional financing of the company, along with many of FluGen’s existing investors led […]
UK’s Institution of Mechanical Engineers launches £2 million fund to help bridge ‘valley of death’ between research and bringing products to market
The Institution of Mechanical Engineers is launching a new fund, Stephenson LP, aimed at helping companies overcome the investment hurdle between Research and Development and bringing a product to market. The fund, initially worth a total of £2 million, is in line with the Institution of Mechanical Engineers’ original statement of purpose set out by […]
Five local OH startup companies raised $275,000 from Innovation Fund at Lorain County Community College
Five local startup companies have raised $275,000 from the Innovation Fund at Lorain County Community College. Two companies received $100,000 non-recourse loans, which only need to be paid back if the companies are successful. The other three received $25,000 grants, according to a news release from the Fund. The loans went to Apollo Medical Devices […]
Indiana University to fund $300M in research
Indiana University will invest at least $300 million during the next five years in a new research program designed to develop transformative solutions to world problems. Titled the Grand Challenges research program, it will fund up to five large-scale research projects that will be selected through a competitive review process, the university announced Wednesday. Applications […]
The United States needs a research investment fund to compete with China
America may no longer be able to boast, “We’re No. 1!” In their 2011 bestseller “That Used To Be Us,” Thomas Friedman and Michael Mandelbaum compellingly suggested the mantra no longer applies. And about a year ago, the International Monetary Fund (IMF) made it official: China has overtaken us as the world’s largest economy. China […]
Indian Aaruha Technology Fund for start-ups launched
Budding entrepreneurs now have one more source of support, with the launch of Aaruha Technology Fund by StartupXseed, a seed-funding company, here on Thursday. B.V. Naidu, Managing Partner, StartupXseed, said the key differentiator was that the funding comes along with strategic support, mentorship and exposure to venture capitalists (VCs), so that the start-ups can graduate […]
University of Huddersfield funds support researchers developng new device to improve quality of care for young cancer patients
The ‘Hickman Lines’ or central line catheters, will be safely and comfortably hidden away in the harness, while still delivering the medication, including chemotherapy, to children. A DEVICE, developed through a collaboration by a team at the University of Huddersfield and a local charity, is set to improve the quality of care for child cancer […]