Purdue startups seek millions in cash this semester
Purdue University researcher Michael Zenter is familiar with the valley of funding death. It’s the gap in available capital that exists between research-level funding and business loans offered to viable companies, and it’s spelled catastrophe for many startups. But if you have a good enough idea, that valley seems to narrow with resources available from […]
University of Oxford Isis Fund II reaches funding target of £2m, closes — Medical Sciences Division, Oxford
The fund achieved its initial target in less than four weeks and will close at almost twice that level. Isis Innovation executive director Linda Naylor said: “In 2014, Isis Innovation oversaw a record £2.6m in proof-of-concept funding flow into over twenty new Oxford technologies and ventures. The first University of Oxford Isis Fund was a […]
Rensselaer Polytechnic Institute in Troy begins seed fund for researchers
Rensselaer Polytechnic Institute has created a seed fund to support multidisciplinary research at the private university. Jonathon Dordick, vice president of research, says his office pledged up to $100,000 each to four research projects last month. The funding is part of a new initiative, the knowledge and innovation program, that aims to broaden the multidisciplinary […]
Marquette strategic innovation fund draws more than 270 pre-proposals
The University Innovation Council has begun reviewing the 275 project pre-proposals that were submitted for the strategic innovation fund, and over the coming weeks the council will provide feedback on the pre-proposals and help identify opportunities for collaboration. Of the submissions, 180 of the project leaders were identified as faculty members, with 81 from staff and […]
SBA promotes innovation and technology with national road tour
The U.S. Small Business Administration (SBA) will launch an 18 state road tour, joined by 11 fellow federal agencies in the SBA’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The SBIR Road Tour “Seeding America’s Future Innovations,” is a nationally focused outreach initiative targeting advanced technology communities, including women-owned and […]
2 OSU inventions get $150K from Ohio Third Frontier Commission
The Ohio Third Frontier Commission awarded a combined $150,000 Thursday toward prototypes and market testing for two Ohio State University inventions. The grants come from the Technology Validation and Start-Up Fund, which is targeted for bringing technology to commercialization from Ohio colleges, universities and nonprofit research institutions. SightFourAll Inc., a Columbus company founded in September, […]
EC launches €200m fast-track innovation fund to tackle R&D’s “valley of death”
A €200 million pilot funding stream has been launched by the European Commission for projects that are in the late stages of development and close to being launched on the market.The ‘Fast Track to Innovation Pilot’ FTI scheme is aimed at business-driven projects and is open to proposals in any area of technology or application, […]
Penn State Innovation Fund moving good ideas forward
UNIVERSITY PARK, Pa. — In April 2014 the Penn State Research Foundation created The Fund for Innovation to promote commercialization of promising new ideas and discoveries generated by Penn State’s $800 million research enterprise. The primary goal is to create new companies and new jobs, and by doing so to increase the already sizable positive […]
India to set up venture fund, incubator complex for biotech startups: CM – The Hindu
With an assurance to set up a venture capital fund and an incubator complex in the city for start-ups in the biotechnology sector, Chief Minister Siddaramaiah launched the 15th edition of the Bangalore INDIA BIO here on Monday.The three-day event will see seminars, discussions and conferences by nearly 110 speakers, with delegations from more than […]
Matthews startup gets $75,000 from Innovation Fund North Carolina
TVL International, the Matthews company developing the SmartCharge LED bulb that operates even during a power outage, has won a $75,000 loan award from the Innovation Fund North Carolina. Founder and CEO Shailendra Suman says the money will be used pay for getting the latest iteration of the SmartCharge bulb certified by Underwriters Laboratories, as […]