Two students, four faculty awarded NOVA Fellowship FuTUre Fund innovation prizes
The NOVA Fellowship at The University of Tulsa has awarded FuTUre Fund innovation prizes to two students and four faculty. This funding will support their projects aimed at boosting the culture of innovation at TU. Since 2013, TU has hosted the NOVA Fellowship program, which puts students and faculty in charge of a project of their own creation. These […]
Lab Bench to Commercialization grant recipients announced | Penn State University
Two faculty members have been selected to receive Lab Bench to Commercialization (LB2C) grants from the Eberly College of Science in 2021. The competitive program provides funding for researchers in the college, enabling them to enhance the commercial potential of ongoing research and prepare them to translate their intellectual property to the marketplace. This year’s […]
Rev1 Ventures Launches $10MM Pre-Seed Fund with The Ohio State University & Ohio Third Frontier
COLUMBUS, Ohio, March 10, 2021 /PRNewswire-PRWeb/ — Today, Rev1 Ventures, the startup studio that combines capital and strategic services to help startups scale and corporates innovate, is launching Future Value Fund I (FVF), a new $10MM for-profit investment fund focused on building the Central Ohio startup ecosystem. The Fund is the company’s most significant pre-seed fund to date and the largest […]
CIT GAP Funds Makes Follow-On Investment in RoundlyX to Help Users Better Manage Digital Asset Portfolios
The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has made a follow-on investment in Richmond, Va.-based RoundlyX, a digital asset wealth management platform. Since its initial GAP Funds investment in May 2020, RoundlyX has expanded its service beyond the United States, with users now able to connect to any European or UK […]
UF Creates $1 Million Venture Fund for Faculty Startups | UF Innovate
In its ongoing efforts to rise to Top 5, the University of Florida has established its own venture fund to benefit startups founded on university research. Starting this fiscal year, the university will provide $1 million a year to fund startups founded on UF technology. Jim O’Connell, assistant vice president for commercialization at UF and […]
Fund worth $25-million launches for early-stage African tech startups
Savannah Fund, a technology seed fund focused on investing in early-stage startups across sub-Saharan Africa has announced the launch of a $25-million fund. The investment funding secured has been led by The International Finance Corporation (IFC), a member of the World Bank Group with participation from the Women Entrepreneurs Finance Initiative (WeFi), Tim Draper of Draper Associates, […]
Portland Seed Fund stands to reap a windfall from Seattle company’s $6.5 billion sale
A major technology deal in Seattle could have big implications for entrepreneurship in Portland. Identity authentication startup Auth0 sold Wednesday for $6.5 billion in stock to Okta, a larger rival that provides its own security technology. Founded in 2013, Auth0 received early funding from the Portland Seed Fund, which backs early stage companies in the […]
$110M for nine innovative McGill research projects
Today, Élisabeth Brière, Member of Parliament for Sherbrooke and Parliamentary Secretary to the Minister of Economic Development and Official Languages announced funding results from the Canadian Foundation for Innovation’s (CFI) Innovation Fund (IF) for universities in Quebec. Nine McGill research projects received nearly $45 million in funding through this CFI-IF competition. Combined, the nine McGill-led […]
Teams selected for accelerator program are innovators in animal feed, alternative packaging, additive manufacturing and math education
Four faculty-led innovation teams have been selected to participate in the fourth cohort of the University of Maine’s Maine Innovation Research and Technology Accelerator program (MIRTA). MIRTA assists UMaine researchers in advancing public and commercial application of their discoveries. The teams dedicate 20 hours a week for 16 weeks to market research, intellectual property analysis and business […]
Intern builds confidence through work with startup in entrepreneurship program | Penn State University
For Jeanette Debek, the problem-solving nature of entrepreneurship sparks a special type of excitement. To foster this excitement and learn more about the entrepreneurial mindset, the junior studying advertising in the Donald P. Bellisario College of Communications enrolled in Penn State’s intercollege minor in entrepreneurship and innovation (ENTI). Debek’s ENTI courses educated her on entrepreneurship concepts, and […]