Michigan Pre-Seed Fund Plans To Invest $6.8M Over Two Years
A new state-backed early stage capital fund hopes to cut its first deal by early summer, executives say. The $6.8 million Michigan Pre-Seed Fund 2.0 hopes to do as many as 50 deals over the next two years. It will provide early-stage, high-tech companies with the capital they need to move further toward commercializing an innovation, said […]
Russian QIWI announces $30M seed fund and accelerator
The owners of Russian payment service provider QIWI have launched a new $30 million seed fund and a startup accelerator. These two new ventures aim to address this problem, by providing support to entrepreneurs at an early stage in their projects. Romanenko will manage the new fund, Run Capital (not to be confused with Runa Capital, one of […]
Ontario invests $9M in StartStart Seed Fund, $26M Into Other Innovation Programs
Ontario is launching five programs to help young people start companies and create jobs. Part of Ontario’s Youth Jobs Strategy, these programs will provide young entrepreneurs with business skills, capital to start and grow a small business and the opportunity to gain experience and expertise through R&D internships:
Eardrum Patch Start-up Receives $44K From Tulane University Business Competition
Tympanogen LLC, a New Orleans startup company with a nonsurgical patch for treating holes in the eardrum, has won $44,000 in a major graduate-level student startup competition.
Wolverine Venture Fund sees return from $200K investment in IBM-acquired, Silverpop
The Wolverine Venture Fund, an investment vehicle run by students at the University of Michigan, is celebrating a win now that it has recorded its fourth profitable exit with the IBM’s acquisition ofSilverpop.
Seton Hall University Venture Fund Competition awards $10K in prizes
Seton Hall University’s Stillman School of Business‘ Center for Entrepreneurial Studies will award $10,000 in prizes at the annual Seton Hall University Venture Fund Competition. The public is invited to attend the competition, which will be held on Friday April 11 from 10 a.m. to 1 p.m. in Jubilee Hall Auditorium.
Texas State University start-up wins Rice University Texas Halo Fund Investment
SioTeX, an interdisciplinary team from Texas State University, won the Texas Halo Fund Investment Prize during the 14th Annual Rice University Business Plan Competition (RBPC) in Houston.
Northeastern’s IDEA student-run gap fund surpasses half a $1M in investment to-date
IDEA was founded in 2009 and since then has funded 35 ventures with grants up to $10,000. Just this past month, the Accelerator reached its 500k milestone in venture funding, a monumental milestone for IDEA.
CIT GAP fund invests in therapeutics company
The Center for Innovative Technology announced today that its CIT GAP Funds closed an investment in Riogin, a Charlottesville-based company that has solved many issues related to peptide therapeutics. Riogin developed a technology platform that overcomes many of the problems connected to peptide therapeutics, which represents a growing portion of the market opportunity for big […]
Oregon BEST commercialization fund puts $25K into electric farm vehicle start-up
Oregon BEST has announced a new round of commercialization funding that is helping electric farm vehicle startup Rogue Rovers, LLC collaborate with Oregon Tech to design, test and build a semi-autonomous, all-terrain electric vehicle that can be used in specialty farming applications to improve pest management, reduce fertilizer waste and make it safer to operate […]