IU Philanthropic Venture Fund commits $500,000 to drug development company

The Indiana University Philanthropic Venture Fund, which provides capital to faculty, students, alumni and staff at all IU campuses to help them further develop their research and innovations into startup companies, has committed to invest $500,000 in Indianapolis-based NERx Biosciences Inc. as part of $2.2 million bridge round. The company discovers and develops targeted therapeutics for cancer treatment. John […]

WEDC accelerator awards grant to support startup businesses in southeastern Wisconsin

The Wisconsin Economic Development Corporation (WEDC) has awarded the Wisconsin Women’s Business Initiative Corporation (WWBIC) an $80,000 grant to support its Growth Accelerator program, which will help 10 entrepreneurial teams start or grow their businesses. The grant will enable WWBIC to conduct two intensive, 10-week Growth Accelerator classes with five teams in each – one […]

Israel, Poland Launch Corporate-Startup Co-Innovation Program

Israeli and Polish organizations have signed a 10-month innovation plan, supported by the Israeli government and the Polish Ministry of Technology and Entrepreneurship, which will see large corporations share their innovation needs and challenges with startups and individual entrepreneurs from both countries. The goal is to identify solutions to those challenges, forming startups around them, […]

2018 Fall Cohort Finalists Selected for the UChicago Innovation Fund

The Polsky Center for Entrepreneurship and Innovation at the University of Chicago has announced the five companies moving on to the fall finals of the 2018 University of Chicago Innovation Fund. Each of the finalists will present their ventures to the Innovation Fund advisory committee and public audience in an event hosted by the Polsky Center […]

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 […]

U Wyoming Fisher Innovation Launchpad Names Winners

 Five innovative businesses created by University of Wyoming graduate students were named winners of the Fisher Innovation Launchpad this week. The five businesses will each receive seed funding from a $125,000 fund; office space in the Wyoming Technology Business Center (WTBC) for one year; and business counseling. The Fisher Innovation Launchpad, which began in 2016 […]

UNC to receive $65 million through hedge fund partnership for medical research

An investment management firm has committed $65 million in funding to UNC to accelerate the development and creation of new medicines. The University is partnering with Deerfield Management to form Pinnacle Hill, LLC. Pinnacle Hill will manage funding to approved projects and provide drug development expertise across a wide range of therapeutic areas, according to […]

UK universities awarded £25.5m EU funds for innovative digital projects 

The European Innovation Council (EIC) has selected 38 innovative projects to develop new ideas towards radically new future technologies.  Nine out of the 38 projects involve UK universities. In total, the projects will receive £110m (€124m) under the future and emerging technologies (FET Open) strand of the EIC pilot, run under the EU’s research and […]

UC San Diego and Invention Science Fund Collaborate to Create New Technology Startups

Invention Science Fund (ISF), the incubator arm of Intellectual Ventures, and San Diego’s Legler Benbough Foundation will contribute $1 million in combined sponsorship funds to the Institute for the Global Entrepreneur (IGE) at the University of California San Diego to help accelerate new startup companies. The collaboration launches today and seeks to accelerate the transition of technology to the marketplace. The […]