OTF and Qatar Science and Technology Park sign MoU to develop venture investment 

The Oman Technology Fund (OTF) signed a Memorandum of Understanding (MoU) with Qatar Science and Technology Park, part of Qatar Foundation Research and Development (QF R&D), recently. The MoU, lasting for three years, focuses on venture investment. It will help in consolidating partnerships to establish an attractive investment environment in the region, stated a press […]

Duke University startups to get access to the star power of Contrary Capital venture firm

Move over, Shark Tank. There are new investors in town, and they’re looking to Duke to fund entrepreneurs. Contrary Capital, a university-focused venture capital fund, launched last Monday. The fund is decentralized, employing 100 investors who are current students at universities around the country, including Duke. The four student partners at Duke—MD/MBA candidate Tracy Han, […]

Northwestern alumnus bets big on nanomedicine through awards 

David Kabiller wanted to pursue a career in medical research when he showed up at Northwestern University in the early ’80s on a tennis scholarship. The Deerfield native ended up studying economics and finance, getting an MBA at the Kellogg School of Management en route to a successful career on Wall Street. But he never […]

UC Davis helps fund startup companies in ag, human-health services

New startup companies are tackling issues such as Citrus Greening, Celiac Disease and cognitive deficits, thanks to help from UC Davis. The university helped fund 14 commercial startups during the past fiscal year through licensing agreements, or exclusive options to obtain such licenses, for technologies developed at UCD, totaling 63 new startups in the past […]

UAB, Innovation Depot to boost startups with nearly $670,000 in federal grants

Two federal grants recently awarded to Birmingham organizations will help boost startups from the very beginning stages of an idea for a business all the way to seeking funding and rapid growth. U.S. Department of Commerce announced this week that 42 organizations in 28 states were getting grants to aid entrepreneurs. Mobile won one and Birmingham won […]

Hamilton Mill, University of Cincinnati Awarded $500,000 Grant From the Department of Commerce to Support Entrepreneurship

The U.S. Department of Commerce announced Wednesday that The Hamilton Mill has been awarded a $500,000 grant to create and expand cluster-focused proof-of-concept and commercialization programs through the Economic Development Administration’s (EDA) Regional Innovation Strategies (RIS) program. Wilbur Ross, United States Secretary of Commerce stated, “These projects will enable entrepreneurs in communities across the United States to start new businesses, manufacture innovative […]

U.S. Department of Commerce gives $300,000 for Oregon business start-ups

Regional Accelerator and Innovation ­Network, the collaboration of government, businesses and universities formed to help create companies and jobs, has received $300,000 in federal funds to help new businesses. The U.S. Department of Commerce on Thursday announced the funding through its Regional Innovation Strategies program. RAIN said it will use the money to create the […]

UVa alum’s green innovation brings micro-farm to the table 

Student dining at the University of Virginia has begun chopping some of its greens and herbs from an unlikely source — trays of ultraviolet-lit plants set up in Clark, Newcomb and Observatory Hill halls. The innovative hydroponics system is the brainchild of UVa alum Alexander Olesen, who founded Babylon Micro-Farms last year. Olesen is now […]

New venture capital fund launches at John Hopkins 

Contrary Capital, a university-focused venture capital fund, officially launched on Monday at 55 colleges across the country, including Hopkins. Contrary works with 100 students to find start-ups and projects within their university communities in which they can invest. Venture capital funds like Contrary Capital typically manage the money of private individuals by investing in emerging […]

MIT’s $200M Venture Fund Invests In 7 Startups In Energy, Space And Smell

MIT’s big money venture fund for “tough tech” has opened its doors — and has announced its initial seven investments in areas ranging from alternative energy to space communications. First announced in October 2016, The Engine Fund seeks to invest in research-heavy startups that are more technologically demanding, and thus riskier, than those backed by […]