Allied Minds Plans London IPO; University Spin-outs to Benefit
Allied Minds, a U.S.-based company that commercializes research and inventions from universities, plans to raise about $140 million of capital from investors in a London listing, it said on Tuesday.
Maryland TEDCO Gets $500K in State Funding For Rural Innovation Program
The Maryland Technology Development Corp. will receive $500,000 in state funding during fiscal 2015 to operate its well-received Rural Business Innovation Initiative program. Previously, RBI2 had been funded at a lower level through federal dollars or directly by TEDCO.
TAKEOFF Seed Fund Launches in Malta
In Malta there is no shortage of good ideas for innovative products and services, nor is there a lack of talented people capable of taking these ideas to market. What is often missing is the practical support and initial funding necessary to take the innovations to a stage where they can attract investment or the […]
Life Sciences Discovery Fund Announces $1.25M In POC Awardes
SEATTLE, Washington, April 21, 2014 — Five for-profit and non-profit organizations in Washington will receive a total of $1.25 million in Proof of Concept grants to accelerate maturation of promising health-related technologies from ideas into commercial products, the Life Sciences Discovery Fund (LSDF) announced today. Also announced was a $300,000 Entrepreneur Mentoring Program grant to […]
Wales launches £7.5m fund to invest in up to 50 university start-ups
A new £7.5m equity seed fund backing technology start-ups and IP rich university spin-out firms in Wales has been confirmed.
UK Tech-out Fund (TSF) Announces Up To £1M Loans to Spin-outs
Local Partnerships has launched a fund to provide public sector spin-outs with access to loans to invest in technology to improve health and social care services. The loans, which will range in value from £250,000 to £1 million, will help spin-outs gain access to finance that they would otherwise be unavailable to them in the […]
Wisconsin WEDC awards $140K to establish a medical research seed fund
The Wisconsin Economic Development Corp. has awarded $140,000 to new nonprofit corporation Bridge to Cures Inc. to establish a seed fund to benefit medical research in southeastern Wisconsin.
SUNY TAF fund invests in five new medical projects, $1M to-date
The State University of New York (SUNY) Technology Accelerator Fund (TAF) will invest in five new projects, Gov. Andrew Cuomo announced. They include a device that a doctor at Upstate Medical University is developing, according to a news release from the governor’s office. The TAF accelerates the development and commercialization of innovations that SUNY students, faculty, […]
Singapore start-ups gain access to $120M more in funds
The technology start-up scene in Singapore received another boost yesterday as the National Research Foundation (NRF) announced that it will work with six venture capital (VC) funds to make available S$120 million for young local firms.
UC Berkely social impact fund shows 6 yr/50% ROI on $1.1M invested to-date
When the fund launched in 2008, it became the first student-led socially responsible investment (SRI) fund and remains the largest. The student principals have grown the initial investment of $1.1m (£650,000) to $2m (£1.19m), a more than 50% return on investment over a six-year period. The fund has also outperformed all its environmental, social and […]