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%. […]
Portland Seed Fund touts third round of start-ups, raising a second fund
Portland Seed Fund Funding: $3 million from private and public sources, including $800,000 from the city of Portland, $250,000 from Hillsboro and $500,000 from the Oregon Growth Account (funded by state lottery dollars). The plan: Seed two dozen companies over two years with initial funding of $25,000 apiece. Follow up with additional funding for the […]
U-M’s New Drug Discovery Center to Commercialize Research; provide seed grants
Last week, the University of Michigan announced a new Center for the Discovery of New Medicines (CDNM) to help speed the school’s research findings to the marketplace. The new initiative is a cross-departmental effort to leverage resources like former Pfizer researchers, unique libraries of compounds, and a culture of data sharing to streamline early-stage drug discovery in an age where big pharma is increasingly […]
IP Shakti, offers proof of concept approach and funds for life science and biomedical innovation
IP Shakti, LLC, a Princeton based innovation fund, offers a new approach for investing in the early stages of life science and biomedical innovation. University inventors often face the “valley of death” funding gap when they look to develop a new innovation. IP Shakti is now an option for medical device innovators when venture capital […]
University of York offers proof of concept funding for social entrepreneurs
THE University of York is to encourage a new generation of social entrepreneurs. The university is one of 56 universities to take part in a pilot of a national programme to encourage the creation of social enterprises, self-sustaining initiatives to achieve social purposes rather than just make a profit.
U of New Hampshire awards innovation grant to coating company
The Innovation Research Center at the University of New Hampshire has awarded a Granite State Technology Innovation Grant to ArgenTech Solutions, Inc. (AgTS) to help develop a high-performance, photoluminescent powder coating additive suitable for advanced safety and military applications.
Coulter Foundation funds five University of Missouri translational research projects
In 2011, Coulter agreed to provide $200,000 in startup funds as well as $666,667 each year for five years, while MU kicks in $333,333 per year over the same period, totaling $5.2 million. Each research project this year will receive about $100,000. A Coulter awards ceremony will be held 10 a.m. Friday in the Great […]
Mayo Clinic, venture firms team to support Rock Health tech incubator fund
After two years of nurturing medical-technology companies–including one that turns an iPhone into a functioning microscope and another making games to sharpen mental acuity–San Francisco incubator Rock Health has formed a partnership with several venture firms that will see more investment dollars flowing to early-stage companies. Kleiner Perkins Caufield & Byers , Aberdare Ventures , […]
University of Iowa Research Foundation increases proof of concept capabilities
Before this year, the foundation had been able to finance the proof of concept research through the state’s Grow Iowa Values Fund (GIVF). Last year, the foundation doled out $525 thousand in grants, with each grant ranging from $10,000 to $50,000. But this year, foundation officials were not sure if they would receive funding from […]
University of Utah looks to donations to jumpstart Gateway Crimson Innovation Fund
At a time when the University of Utah is tapping the philanthropic community to fund scholarships and buildings for research, academics, athletics and cultural amenities, the school this week added another request: funding for technology commercialization. Money donated to a new Gateway Crimson Innovation Fund will help push university inventions, such as medical devices and treatments, drugs, […]