Venture capitalists, Purdue innovations, startups establish winning combination for moving life-changing technologies to public
WEST LAFAYETTE, Ind. — Purdue University will reach 275 startups within the coming fiscal year in startup creation. Providing strength and longevity to Purdue-affiliated startups is the more than $400 million dollars in support and investments the startups have brought to Indiana, much from venture capitalists. “Venture capitalists are interested in companies with innovations that […]
Ohio Third Frontier Commission accelerating new ideas, solutions
Last week, the Ohio Third Frontier Commission approved $5.34 million to help move new technologies and innovative products into the marketplace. “Advancing these new ideas and solutions continues Ohio’s great history of innovation,” said Lydia L. Mihalik, director of the Ohio Development Services Agency and chair of the Ohio Third Frontier Commission. “Innovation is in […]
ISU Startup Factory accepts 11 teams into its ninth cohort
The Iowa State University Startup Factory today announced its ninth cohort of entrepreneurs entering the Iowa State-based program. Ten teams joined the program, along with one honorary member selected to participate. The program started on June 25 with a virtual kick-off reception. Cohort members, program staff, mentors, advisors, and investors joined the virtual ceremony held to celebrate […]
MSU Foundation provides support for rising entreprenuers
MSU Foundation currently hosts and manages Conquer Accelerator, a program dedicated to supporting up-and-coming entrepreneurs. Beginning in 2016, this project is a collaborative effort among MSU Foundation and its subsidiaries Spartan Innovations, Red Cedar Ventures and University Corporate Research Park. The program amplifies selected startups by providing $20,000 in funding, access to over 40 mentors, access to follow-up funding and other essential resources. Since 2015, […]
Tucson Tech: UA-invented device delivers COVID-19 results in minutes
As soon as this fall, patients could be quickly and cheaply tested for the virus that causes COVID-19 with a device invented by University of Arizona optical scientists. The portable pathogen detection system, developed by Botanisol Analytics, uses a laser with sensors that can instantly analyze the chemical makeup of a virus test sample. Botanisol’s device, […]
Lowe’s Innovation Labs launch CONSTRUCT, its new startup accelerator program in India, and announces members of inaugural cohort
Lowe’s Innovation Labs, the innovation hub of FORTUNE® 50 retailer Lowe’s Companies Inc., today launched the first Indian cohort of its signature, stage-agnostic startup accelerator program, CONSTRUCT by Lowe’s Innovation Labs. Seven startups from across India, representing a diverse range of interests including merchandising, AI-driven trend forecasting, automated content generation, talent acquisition, hyper real AI […]
Amazon makes corporate gift to U-M philanthropic venture fund
Amazon is contributing $200,000 to the Accelerate Blue Fund, a University of Michigan philanthropic venture fund—representing the first corporate gift received by the fund that aims to help develop and commercialize promising U-M technologies. The donation brings Accelerate Blue nearly to the halfway point of its initial goal of $2 million. By the end of the […]
U Chicago Polsky Center New Venture Challenge awards record $1 million to student startups
The Polsky Center for Entrepreneurship and Innovation has announced winners of the 24th annual Edward L. Kaplan, ’71, New Venture Challenge, which awarded a record $1 million to 11 student-run startups. This year’s program marks the largest investment pool in NVC history, topping last year’s investment of $850,000. The top prize was awarded to Pippin Title, a one-stop-shop […]
Seven UC Berkeley SkyDeck Startups Raise $32M in Six Months
UC Berkeley SkyDeck, a Berkeley, Calif. – based startup accelerator of the University of California at Berkeley, announces that in the past six months–seven of its recent cohort startups raised seed rounds. Together the startups – coming from all sectors including AI and ML, robotics, fintech, medtech and more – raised approximately $32 million. These […]
Six Ontario companies secure VentureLAB funding
York Region has partnered with VentureLAB to award six local businesses a total of up to $75,000 to support the development of the region’s innovation network. The funding comes from York Region via the Entrepreneurship and Innovation Fund (EIF), which has committed $100,000 annually over the next four years to create jobs and help innovative startups and nonprofits grow […]