New Jersey Health Foundation Awards $50,000 Innovation Grant To Princeton University Researcher
New Jersey Health Foundation (NJHF) has awarded a $50,000 Innovation Grant to Alexander Ploss, Ph.D, assistant professor of Molecular Biology at Princeton University, announced James M. Golubieski, president of NJHF. Dr. Ploss is addressing the urgent need of finding better treatments to combat hepatitis B and E viruses. He will use the funding to investigate novel compounds that inhibit hepatitis […]
GSMA innovation fund to invite startup applications for next round
The GSMA Ecosystem Accelerator Innovation Fund, which supports startups in Asia-Pacific and Africa with equity-free grant funding and technical assistance, is looking to select another 15 companies for its third round. Applications for the round are set to open on March 12. Each of the selected startups receives between £100,000 ($139,000) and £250,000 ($347,500) in […]
Case, Vance Bringing ‘Rise of the Rest’ Startup Fund to Memphis
The co-founder of America Online is coming to Memphis this May with his investment fund to hear pitches from local startup companies and award $100,000 in seed funding to one of them. Steve Case, the chairman and CEO of the Washington, D.C.-based venture capital firm Revolution, and venture capitalist and author J.D. Vance are leading […]
[COA Member] University Hospitals Ventures looks to encourage innovation
Looking to provide patients with complex, chronic diseases quicker access to costly medications, University Hospitals launched Specialty Pharmacy in 2016. It has become the first enterprise of UH Ventures, a new arm of the system that aims to develop business models leveraging existing capabilities and develop new revenue for the organization. And the new effort, […]
UAE launches seed grants to support space research
The UAE government has launched the Space Settlement Challenge; a dedicated seed grant fund of Dh2 million ($544,424) that supports ambitious projects from all areas of research pursuing ideas and concepts to unlock the future of human space habitation. The Space Settlement Challenge is the first project of the newly established Mohammed Bin Rashed Centre […]
[COA Member] University of Virginia group’s seed fund spurring local entrepreneurship
The University of Virginia has now invested nearly $1 million in the early stages of student and faculty startups, joining the growing number of schools investing in homegrown enterprises. Universities increasingly have investment funds and programs to boost entrepreneurship within and around their campuses. UVa’s Licensing & Ventures Group’s $10 million Seed Fund, launched in […]
Local startups compete in Alabama Launchpad competition for $100,000 prize
Nearly a dozen Alabama startup companies, including seven from Auburn, competed in the Auburn Regional Alabama Launchpad competition Thursday at the Courtyard by Marriott in Auburn. The competition was made up of teams from Lee, Tallapoosa, Chambers, Macon and Russell counties and the teams had 10 minutes to pitch their business plans to the judges, […]
NextStep Robotics gets investment from U Maryland Momentum Fund
NextStep Robotics, a startup which makes a device to treat foot drop, closed on $750,000 in new funding, said CEO Brad Hennessie. The Baltimore-based company is the second to receive investment from the Maryland Momentum Fund, which was created by the University System of Maryland to back startups based on technology developed at the state schools. The Maryland […]
Rochester ED $5 million fund supports start-up companies
For the past five years, the Rochester Economic Development Fund has been striving to create new local jobs by financing business start-ups, like GoRout and Vyraid. The fund, financed with $5 million of local-option sales-tax dollars, has doled out more than $2.5 million in loans, investments and grants to 15 early stage companies and business […]
University of Akron, Ocius Technologies team receive $1.5 million award from DARPA
Ocius Technologies LLC and the Department of Electrical and Computer Engineering at The University of Akron announce the receipt of a $1.5 million Defense Advanced Research Projects Agency (DARPA) Small Business Technology Transfer (STTR) Phase II award in collaboration with Case Western Reserve University (CWRU). This award will fund research over a three-year period that […]