Qatar’s state fund expands venture capital activity, bets on US startups
Qatar’s sovereign wealth fund, famous for investments in London’s Shard and Tiffany & Co., is quietly expanding its venture capital unit to invest in U.S. startups, according to people familiar with the matter. The Qatar Investment Authority, created to handle the windfall from the country’s gas and oil exports, has invested in companies including Foursquare […]
Innovation Saskatchewan Launches The Innovation Challenge Program
The Innovation Challenge program harnesses the ideas and expertise of Saskatchewan’s innovative entrepreneurs, together with government, to rapidly solve public sector challenges. In collaboration with the Ministry of Environment, Innovation Saskatchewan is seeking technology solutions to the following challenge: “How can technology be used to monitor the amount of solid waste generated and disposed of […]
ELabNYC Bioscience Accelerator Program Announces 2019 Cohort of Life Science Companies
ELabNYC, the Entrepreneurship Lab NYC, an initiative of the New York City Economic Development Corporation (NYCEDC) and led by Design Technologies, today announced the 7th cohort of emerging biosciences ventures invited to participate in its competitive annual business accelerator program. Twenty high-potential companies will participate in the six-month intensive program, which includes business education to […]
Bumper year for NUI Galway startups as they reaped €35m in investment funds
In a very successful year for innovation during 2018, NUI Galway start-ups secured €35 million between private equity investment and research funding while the 36 companies based at the university’s Business Innovation Centre now employ 173 people, which represents an increase of 20 per cent over 2017. The year also saw NUI Galway sign more […]
U Chicago researchers broaden impact by bringing scientific discoveries to market
Few people get a bigger whiff of the entrepreneurial spirit taking hold among biosciences faculty members than Thelma Tennant. “I walk down the halls of the lab buildings regularly,” Tennant said, “and I don’t think I’ve made it to a meeting without having someone come out a door and say, ‘Hey, I’ve been meaning to call […]
Student-Run Venture Capital Fund Launches in Israel
The Center for Entrepreneurship at Ben-Gurion University of the Negev (BGU) is launching $1m student-run venture capital fund. Cactus Capital will invest in student, recent graduate and academic entrepreneurial initiatives. The fund will offer three tracks: – Ignite: Up to $5,000 for technological startups in the ideation stage – Validate: Up to $20,000 for technology startups […]
Purdue Foundry Investment Fund provides $750,000 to advance 3 life sciences startups
Purdue Research Foundation’s Foundry Investment Fund has invested a total of $750,000 in three life sciences startups to advance them to commercial viability. Novosteo Inc., Phytoption LLC and Confluence Pharmaceuticals LLC each will receive a $250,000 investment from the fund. The goal of the fund is to add critical capital for the transition from the discovery of a promising technology to […]
Battery startup born out of University of Queensland raises $1.74 million to fuel rapid growth plans
Brisbane startup Pure Battery Technologies has raised $1.74 million to commercialise University of Queensland-developed technology to improve the production of batteries for electric vehicles. The technology enables the nickel and cobalt minerals required for making batteries to be more easily extracted, and then converted into the components quickly and cheaply. The technology has been in development […]
UAB establishes $500,000 innovation fund to support university start ups
The Bill. L. Harbert Institute for Innovation and Entrepreneurship at The University of Alabama at Birmingham has established a $500,000 Innovation Fund to support the development of early-stage discoveries and promising new university startups. Jan. 1, 2019, UAB whose research has demonstrated commercial potential may apply for up to $35,000 in funding to further develop […]
Puerto Rico Science Trust to Lead NIH Initiative to Support Biomedical Technology Transfer and Acceleration in Puerto Rico
Grant funds will help build capacity to move scientific discoveries and technologies from the lab and into commercial products to improve patient care and enhance human health. Awards were made by the National Institute of General Medical Sciences (NIGMS), part of the National Institutes of Health (NIH), for Regional Technology Transfer Accelerator Hubs for Institutional […]