State launches $32 million innovation hub for new Buffalo Niagara startups, includes $13.5M fund
For years, one of the big voids in the Buffalo Niagara economy has been its dearth of entrepreneurs willing to take a chance that could turn a good idea into a thriving business. Now, the state is putting up $32 million over five years to provide funding for those entrepreneurs and give them the work […]
UWM faculty to teach Scale Up Milwaukee Growth Accelerator
Elmer Moore Scale Up Milwaukee has changed the name of its Scalerator program to Scale Up Milwaukee Growth Accelerator and brought on University of Wisconsin-Milwaukee faculty to teach the course. The format of the business growth training program has also been changed slightly in its fifth iteration, said Elmer Moore, executive director of Scale Up Milwaukee. The […]
Tel Aviv University launches VC fund to invest in early-stage startups
Tel Aviv University has announced plans to set up an early-stage startup venture fund, the first of its kind by an Israeli university. The TAU Ventures fund, which will be located in Tel Aviv, has already raised some $20 million in commitments from investors including the Singaporean investment fund, Chartered HighTech (CTH), and additional investors from […]
UB-affiliated artificial intelligence startup raises $900,000 in seed round to advance driverless boat technology
Buffalo Automation, an artificial intelligence (AI) startup that is developing technology for self-navigating boats, has secured $900,000 in seed funding from investors — significantly more than the $700,000 the company set out to raise early this year. The investments will enable the company to expand pilots of its innovative product — a system called AutoMate that […]
ASU announces new network to connect startups with potential investors
President Michael Crow unveiled a new plan to connect entrepreneurs at ASU with investment funding through the Thunderbird School of Global Management. This system, which is expected to get off the ground in the fall of this year, will be called the ASU Thunderbird Investor Network and is an extension of a previous Thunderbird network that was […]
Mercedes-Benz, University of Alabama partner on startup challenge
Mercedes-Benz is partnering with several entities, including the University of Alabama, to drive innovation within the state’s college and professional startup community. The “MBUSI Innovation Challenge” is running through June 19 across two streams of participants – students and professionals, and existing startups – to offer solutions to issues in advanced manufacturing. The winners can […]
Connecticut Innovations hopes its record 2017 returns woo more venture investment
Like a gambler confident in his long-term strategy, Connecticut Innovations doesn’t sweat a bad bet. Losing — as much as $5 million on a single company in one instance — is part of the venture capital investment game. It’s a process that can feel like a slog, particularly in the seven- to 15-year investment cycles […]
Catalyze CU seeks startups to expand portfolio of successful ventures
Catalyze CU is celebrating its fifth year of helping university-affiliated new ventures move further toward success and sustainability. University students, faculty and staff can still submit applications for the 10-week intensive summer program through April 8. Catalyze CU is the startup accelerator for the most promising ideas and technologies at the university. The program runs from May […]
Cambridge and four other universities form agritech partnership
The Ceres Agritech Knowledge Exchange Partnership links the universities of Cambridge, East Anglia, Hertfordshire, Lincoln and Reading, as well as the John Innes Centre, NIAB and Rothamsted Research, to enable effective sharing of commercialisation expertise, a key aim of Research England’s Connecting Capability Fund, which has awarded the partnership £4.78 million in funding. Ceres will […]
‘TEDCO 2.0’ comes into focus – Technical.ly Baltimore
TEDCO made a series of promotions and hiring moves as the state’s quasi-public organization backing early-stage companies looks to rework the programs it offers to help entrepreneurs. The latest announcement hones in on themes that recently-hired CEO George Davis touched on in announcing “TEDCO 2.0” at the organization’s Entrepreneur Expo in Baltimore last fall. Davis, who was an entrepreneur and […]