Plans for $20M University of Minnesota venture fund take shape
The University of Minnesota is on track to raise a $20 million venture capital fund this year that will make seed-stage investments in startups born from academic research.
Singularity University to launch $50 million venture fund to tackle the world’s ‘grand challenges’
Forward-looking startups will have a chance at $50 million later this year when Singularity University, an education center and accelerator based at Mountain View’s NASA Ames Research Center, launches its first venture fund. The university will begin raising capital during the second quarter of 2014, according to managing director of new venture development Sandy Miller. The fund will […]
Canadian public-private venture capital fund raises C$217 mln
Canadian government-backed investment fund set up to help revive the country’s ailing venture capital industry raised C$217.5 million ($198 million) at its initial closing, its backers said on Tuesday.
LSU President’s Committee on Technology Transfer Recommends New POC LIFT Fund
In order to better advance innovation arising from university research, LSU will adopt a new approach to commercialization and technology transfer, based on the recommendations of the President’s Committee on Technology Transfer, or PCTT.
London Start-up Direct to Support 400 Start-ups with £2.5m Fund
Over £2.5 million in seed finance has been released by a delivery partner of the government’s Start Up Loans scheme to fund approximately 400 new start-up businesses in London over the next twelve months. Start Up Direct, which has recently established a base in Shoreditch at the heart of London’s Tech City, is offering talented individuals who […]
Angel Investor Starts Certificate Program at UNLV to Network, Attract More Capital to Rebel Venture Fund Projects
Bill Payne might be a little bit of all three. Since the early 1980s, Payne has invested hundreds of thousands of dollars in startup firms. Payne entered the angel investing market after he sold the company he co-founded, Solid State Dielectrics Inc., to DuPont in 1982. An angel investor is one who provides financial backing […]
Michigan Initiative for Innovation and Entrepreneurship Fund a Joint State Tech Project for $71K
An innovative technology-sharing project created jointly by Spectrum Health Innovations, Grand Valley State University and GR Current has been awarded a $71,476 grant from the Michigan Initiative for Innovation & Entrepreneurship.
Princeton’s Intellectual Property Accelerator Fund Puts $400K Into Four POC Projects
Enhanced cybersecurity, non-scarring tattoo removal, 3-D photography and a laser-scanning device are projects selected for Princeton University’s Intellectual Property Accelerator Fund, which supports discoveries that have significant potential for further development into products or services. The roughly $100,000 each researcher receives enables the prototyping and testing that technologies need to attract interest from startups or from […]
Virginia Innovation Partnership Awards $800,000 to University Research Projects
A statewide network designed to accelerate innovation and economic growth has awarded $800,000 to 18 university research projects in Virginia. The Virginia Innovation Partnership, created in 2012 as part of the U.S. Department of Commerce’s i6 Challenge, provides funding that allows university researchers to advance early-stage work through the “proof of concept” stage, in which […]
Drexel University announces $400K in POC awards in inaugural round
In its first round of proof-of-concept funding, Drexel Ventures -the University’s new technology accelerator and transfer enterprise- is supporting research that could lead to improved solar cells, new drug therapy for treatment of Parkinson’s Disease, safer chemicals for oil extraction and smarter software system monitoring. Investigators for each project will receive $100,000, from Drexel’s Innovation […]