Two IURTC venture funds invest $400,000 in marketing data technology company
The Indiana University Philanthropic Venture Fund and the Innovate Indiana Fund have invested $400,000 in Indianapolis-based Zio Inc. Zio has created its Customer Insight Marketing Platform for brands in the retail sector. The company was co-founded by CEO Angel Morales and IU graduate Reuben Vandeventer, who is its chief data scientist. Morales said the platform creates insights into […]
Five student ventures progress to compete for $100,000 prize in 2019 ASU Innovation Open | ASU Now: Access, Excellence, Impact
Last Friday, five student-led teams each won $5,000 and moved one step closer to potentially earning the $100,000 grand prize to fund their startups in the ASU Innovation Open pitch competition. Excitement and expectation reverberated throughout the presentation room at ASU’s SkySong campus as the early-stage entrepreneurs representing the top 15 ventures presented five-minute pitches […]
Seven Purdue-affiliated startups receive investments totaling $200,000 from Elevate Purdue Foundry Fund
Elevate Purdue Foundry Fund announced Tuesday (Dec. 18) that it has awarded a total of $200,000 in investment funding to seven Purdue University-affiliated startups. The fund is a joint venture between the Purdue Foundry, a Purdue-based startup accelerator, and Elevate Ventures, a private venture development organization that supports the development and success of entrepreneurs across Indiana. The fund’s […]
Michigan Strategic Fund Approves Extensions for Business Incubators, Grant Programs Supporting Early-Stage and Commercialization of Tech Companies
Aimed at supporting the continued economic growth and stimulation of Michigan’s entrepreneurial ecosystem, the Michigan Strategic Fund (MSF)—administered by the Michigan Economic Development Corporation (MEDC)—has approved funding extensions totaling $1.8 million for six statewide programs. Each program strategically capitalizes on resources allocated through state funding to promote early-stage startups and the commercialization of cutting-edge technologies. […]
RGU’s Start-up Accelerator to boost Aberdeenshire innovation
Robert Gordon University’s (RGU) new initiative, the first funded programme of its kind in the north-east of Scotland, will support 28 entrepreneurial teams of students, staff and recent alumni from RGU and North East Scotland College (NESCol). Organisers hope the programme will help the region’s entrepreneurs and innovators create new businesses. The business teams will receive training and expert […]
UNICEF’s Innovation Fund announces first cohort of blockchain investments in emerging markets
Six companies in developing and emerging economies will receive investment from UNICEF’s Innovation Fund to solve global challenges using blockchain technology. The UNICEF Innovation Fund will invest up to $100,000 USD in the six companies; Atix Labs, Onesmart,Prescrypto, Statwig, Utopixar and W3 Engineers to deliver open-source prototypes of blockchain applications within 12-months. Selected from more than 100 applications across 50 countries, these six […]
StartUpNV using federal grant to spark startup investment
Nonprofit startup incubator StartUpNV plans to launch an annual investor conference in Southern Nevada using a $300,000 federal grant. StartUpNV was one of 16 organizations to receive the Economic Development Administration’s 2018 Seed Fund Support Program grant. Jeff Saling, StartUpNV co-founder, said the incubator will use the funding to launch the Southern Nevada Angel Conference […]
Elevate Ventures makes three-year investment commitment to Bloomington, Columbus
Elevate Ventures, Bloomington-based incubator The Mill and the Columbus Area Chamber of Commerce on Thursday announced they have entered a three-year agreement to invest $2.5 million to bolster the entrepreneurial ecosystems in Bartholomew, Brown and Monroe counties. The announcement was made at Big Woods at Hard Truth Hills restaurant in Nashville. The regional partners plan […]
Disruptive Technologies Innovation Fund Benefits Companies in EU
Minister of State for Trade, Employment, Business, EU Digital Single Market and Data Protection, Pat Breen has congratulated the four Limerick “groundbreaking projects” that have received €17.2 million under the first round of the Disruptive Technologies Innovation Fund. The successful Limerick projects are: A consortium including Curran Scientific, Raheen, will receive a maximum of €8.4 million towards a […]
Tsinghua University investment unit to back Japanese high-tech startups
China’s Tsinghua University’s investment unit is set to become one of Japan’s biggest supporters of high-tech startups, with plans to invest 4 billion yuan ($584 million) over several years in artificial intelligence and robotics ventures. Tus-Holdings, the leading research university’s investment arm, established an office late last month with UTokyo Innovation Platform, its counterpart under the University of Tokyo. […]