INCITE fund announces three more investments into IT, healthcare, and transportation
A state investment fund designed to support innovative small businesses announced a new round of investments Monday. The INCITE Co-Investment Fund, which provides public dollars to supplement private investments by venture capital funds and investors in Tennessee companies, said three companies will receive $5.3 million in funding, $1.55 million of which will come from INCITE. Franklin-based Agilum Healthcare Intelligence Inc., a […]
Creative Australian government matching schemes are set to target proof of concept and seed stage
NEW dollar-for-dollar schemes backed by the federal government are needed to stop the miscarriage of promising research due to a lack of commercialisation funding. The boost is needed to encourage universities and medical institutes to set aside discretionary funds for crucial early stage proof-of-concept work once Australian Research Council and National Health and Medical Research […]
UCSD prof receives $1M from the W.M. Keck Foundation to translate pharma delivery research
At the University of California, San Diego, scientists have received a $1 million grant from the W.M. Keck Foundation to fund research into exploring a molecular approach to delivering drugs that could change the pharmaceutical industry worldwide. The W.M. Keck Foundation of Los Angeles supports “high risk/high reward” pioneering discoveries in groundbreaking studies that enable […]
AUT venture fund supports three student entrepreneurs
Now in its fourth year, the AUT Venture Fund attracts the creative minds of students from across every faculty at AUT University. Students are required to come up with a venture that is product, service or technology focussed, with a domestic and/or international orientation. The funding committee then grants start-up funds, mentoring and professional development […]
Alabama Innovation Fund supports four U Alabama Research Projects
Four University of Alabama research projects were among 15 such projects at state universities that have received a total of $4 million in grants from the Alabama Innovation Fund. Gov. Robert Bentley announced the grants Wednesday at the state’s Innovation and Entrepreneurship Conference in Hoover, saying the ongoing research and innovation will help create jobs […]
U Chicago Innovation Fund supports POC study for a predictive healthcare approach
This study demonstrated the usefulness and accuracy of VG-Bio’s system and helped the company in December 2011 to win a $75,000 grant from the University of Chicago’s Innovation Fund, which is administered by UChicagoTech. The grant is funding a larger proof-of-concept study that will help VG-Bio continue raising venture capital and move its product further […]
University of California Office of the President announces new round of POC Commercialization Gap Grants
The UC Office of the President’s Proof of Concept (PoC) Commercialization Gap Grants program funds promising innovations that are nearly ripe for the market, but require one last round of testing or demonstration to prove commercial viability. Then investors and industry partners, perhaps, will come calling. A total of $2.6M was awarded to 22 researchers at six […]
i2E scores a win for state in Oklahoma, leverages $23M in additional capital
We had the opportunity to showcase innovation 2 Enterprise in a web-workshop earlier this year, a Oklahoma state supported POC/seed stage accelerator/investor. They recently reported a major success in leverging $23 M for Selexys Pharma and MPM Capital to sickle cell and Crohn’s drugs. Pending a successful trial there could be a payout of nearly […]
Utah’s Tech Commercialization and Innovation Program invests $600K in 15 more projects
Fifteen promising innovative technologies just got a $40,000 boost. For the first round of the new fiscal year, the Utah Governor’s Office of Economic Development (GOED) approved $600,000 of grants in support of new technology and research that universities and university licensees are seeking to take to market. The grants are designed to help build […]
European Research Council funds 33 new proof of concept projects
The European Research Council (ERC) will release a new round of proof of concept grants to 33 research projects. Each project will receive EUR 150,000 that is put towards commercial translation such as IP dilligence, market research, and commercial validations. There was a yield rate, or projects funded vs proposed, in this round of 44%. […]