Maryland Investment Fund Announces $600,000 Growth Investment in Motionsoft
The Maryland Venture Fund (MVF), the equity investment arm of the Maryland Department of Business and Economic Development (DBED), has invested $600,000 in Rockville-based Motionsoft, a leading provider of SaaS member relationship management software (MRMS) and payment services for the health and fitness industry. Annapolis, Maryland (PRWEB) October 20, 2014 The investment comes as part […]
Alumnus creates investment fund that targets startups from Rensselaer Polytechnic Institute
Jeff Stewart, an entrepreneur who has founded several technology companies, is starting a fund to grow early-stage businesses developed by faculty, alumni and students at Rensselaer Polytechnic Institute in Troy, New York. Stewart, currently the chief executive office and co-founder of Lenddo, a New York City technology company, is an alumnus of Rensselaer, a private […]
Oregon BEST Funding Will Speed Cross Laminated Timber Manufacturing in Pacific NW
PORTLAND, Ore. At the Wood Solutions Fair, Oregon BEST today announced a new round of commercialization funding that will team southern Oregon-based DR Johnson Lumber Co. with Oregon State University researchers to determine how a new engineered building material made from lumber might catapult Oregon wood products to the forefront of construction innovation and […]
CIT releases annual report on research commercialization in Virginia
The Center for Innovative Technology (CIT) announced this week the release of the Commonwealth Research Commercialization Fund (CRCF) annual report for FY2014, showing growth in new patents, products and innovative companies. Karen Jackson, Virginia’s Secretary of Technology, said, “CRCF plays an important role in the acceleration of innovation in the Commonwealth by funding essential research and commercialization […]
UConn’s ‘hearty startup’ gains attention, funding
When he enrolled in UConn’s biomedical engineering graduate program in 2005, Eric Sirois wasn’t thinking about a career in business. But an entrepreneurship class that helped him better understand how to commercialize the heart valve implant he’d been developing changed that. These days, Sirois, CEO of Dura Biotech, a startup participating in UConn’s Technology Incubation […]
Penn State Fund for Innovation aids research commercialization efforts
Innovation is the lifeblood of any great university. But transforming the results of basic research into a commercial product that can benefit society is a path strewn with many obstacles. The new Fund for Innovation is intended to make that road smoother for Penn State faculty and student entrepreneurs to travel. The Fund for Innovation […]
QED commercialization program to create life science spinout companies gets $1M grant
A few years after it launched a QED Proof of Concept funding program, the University City Science Center has unveiled a new fund for a commercialization program. It’s fueled by a $1 million grant from the U.S. Economic Development Administration, according to a statement from the Science Center. Stephen Tang, the CEO of the Science […]
UBC seed-funded company develops 3-D printing of human tissue
You may have heard of printing on demand. A Vancouver startup, Aspect Biosystems, is putting a sci-fi twist on that, printing human tissues on demand. The company is creating human body tissue using 3-D printing, using a technology that provides more effective ways to test new drugs and could lead to 3-D bioprinting of entire […]
Ohio Third Frontier awards more than $8.4 million to University of Akron, Cleveland Clinic and other Northeast Ohio innovators, universities
The Ohio Third Frontier Commission on Wednesday approved $12.5 million to support startups, commercialize technologies, and help companies develop innovative products. Two-thirds of the money, or more than $8.4 million, was awarded to The University of Akron, the Cleveland Clinic and four other Northeast Ohio businesses and research entities. Other recipients statewide were: Cincinnati Children’s Hospital, The […]
Indiana Purdue Collaboration is a ‘Fund With Afterburners’
Qualified Purdue-affiliated startups have two more resources to advance their companies through a three-year, $2 million fund as well as the addition of two new entrepreneurs-in-residence through a collaboration among the Purdue Foundry, Elevate Ventures and the Indiana Economic Development Corporation. “There are three critical assets a startup needs to be successful: a viable product, […]