Alaskan 49th State Angel Fund Is Ready to Roll
Alaskans are full of great ideas. We’ve dreamed up making facial cream out of glacial silt and turning salmon into vodka. But to make money, you need money. And that’s where the 49th State Angel Fund comes in. This spring, the Municipality of Anchorage received a $13.2 million federal allocation to establish the 49th State […]
BC Discovery Fund’s portfolio company, Avigilon Corporation, receives emerging company award
VANCOUVER, BRITISH COLUMBIA, Jun 20, 2012 (MARKETWIRE via COMTEX) — British Columbia Discovery Fund (VCC) Inc. is very pleased to announce that its portfolio company Avigilon Corporation, a leader in high-definition (HD) and megapixel video surveillance solutions, earned the prestigious “Company of the Year” award at the recent 2012 British Columbia Technology Industry Association (“BCTIA”) […]
Pension Funds a Source for Early-stage Commercialization? Silicon Valley Bank Invests in Ireland
Silicon Valley Bank (SVB) has announced it will lend $100 million to the Irish innovation sector as part of a new partnership with the National Pensions Reserve Fund (NPRF). According to Reuters, SVB intends to invest in Ireland’s technology, life science, cleantech, private-equity, and venture capital businesses over the next five years.
$20 Million W Fund, Focusing on Research Spinouts, Open for Business
We’ve been hearing about a new investment fund for university spinouts in Washington state for close to two years. Starting today, the W Fund is officially ready to start cutting checks—and it’s already started investigating promising research projects from colleges and government R&D labs around the state.
Eight Scottish universities get access to new seed fund
Scottish investment group Braveheart is to run a £10.3 million seed fund for research commercialisation projects at eight universities in the East Midlands.
REDI, a University of Missouri-partnered initiative, eyes new seed fund
A “huge issue,” MacLellan said, is establishing a seed fund to help startups. Often, entrepreneurs with ideas need a small amount of capital to test the viability of their idea before they can take it to the bank for a loan or raise investment capital. MacLellan said a fund that could provide seed money in […]
InvestMaryland Forum Draws More Than 200 Entrepreneurs, Venture Capitalists
BALTIMORE, MD – The Maryland Venture Fund Authorityalong with the Maryland Department of Business and Economic Development (DBED) hosted a free public forum on InvestMaryland – a state sponsored initiative to invest in the Maryland’s start-up and early stage companies. The forum, held on the Johns Hopkins University Rockville campus, drew more than 200 entrepreneurs, venture capitalists and other […]
Kenya Investment Authority creates a state-backed new venture fund
The government plans to buy stakes in small and medium sized start-ups that have no access to credit from banks to accelerate enterprise and jobs growth This will be done through a State-backed venture capital fund, which will provide funding and technical support for businesses that have difficulty accessing loans from banks or capital markets.
MassVentures launches under new name, seed fund
First-time entrepreneurs and companies needing bridge funding from seed to Series A rounds will have another avenue to get funding thanks to the state’s venture capital arm, the Massachusetts Technology Development Corporation. The MTDC, which will now operate as MassVentures, will manage a new $5 million investment capital fund to provide bridge funding needed by […]
Texas Startech Foundation accepting applications for Texas Emerging Technology Fund
SAN ANTONIO, Jun 12, 2012 (BUSINESS WIRE) — Startech Foundation ( www.startech1.org ) announced today as host of the South Texas Regional Center of Innovation and Commercialization (STRCIC) that it is now accepting applications from innovation startups located in South Texas for funding by the Texas Emerging Technology Fund (ETF). Created by the State of […]