Australia seeks $100M to drive pre-seed investors

Experts have called for federal government investment in entrepreneurial and venture capital skills, including the establishment of a $100 million fund for budding venture capitalists, to boost Australia’s struggling commercialisation industry.

Armenia launching early stage VC fund ($200-500K/project)

YEREVAN. – A venture fund will be established in Armenia this year, and it will provide its first funding by the year’s end, Enterprise Incubator Foundation Executive Director Bagrat Yengibaryan told Armenian News-NEWS.am.

New Delhi VC fund focuses on Dalit entrepreneurs

Parliament Street in New Delhi leads to some of the biggest banks in India — the Reserve Bank of India, the State Bank of India and the Standard Chartered Bank. Tomorrow, this road will be open to a new set of faces.

Indian government backs Startup Villiage

KOCHI: Startup Village, a technology business incubator formed through a public-private partnership to promote technology startups, will rope in investments of Rs 100 crore and nurture 1,000 startups in the next ten years

US-China incubator Springs up in Sillicon Valley

innoSpring, Silicon Valley’s first US-China technology startup incubator, officially opened its doors today and welcomed its first intake of 12 technology startup companies to its newly-minted 13,500-square-feet facilities in Silicon Valley. At a by-invitation-only event, InnoSpring also announced the establishment of the InnoSpring Seed Fund.

Connecticut TechStart Program fuels Yale start-ups

Three firms founded by Yale engineers are reaping the benefits of a startup incubator program launched last month by Connecticut Innovations, the state’s quasi-public authority responsible for technology investments.

Micro-loans SPARK 12 new Michigan companies

ANN ARBOR, Mich., April 10, 2012 /PRNewswire via COMTEX/ — Twelve Michigan companies have received a combined total of more than $444,000 through the Michigan Microloan Fund Program, bringing the total amount loaned through the Fund to more than $2.4 million. The companies received the funding to support commercialization of their core products.