University of Illinois secures $100 million to move forward with projects, boost innovation
Of the $500 million, $235 million of the funding will go toward the construction of the future DPI headquarters in downtown Chicago. Provost Andreas Cangellaris sees DPI as a way to “develop a much more proactive engagement” with the private sector, facilitating collaboration between researchers and corporations to increase economic prosperity ultimately. Cangellaris describes an […]
University City Science Center VP testifies to congress about startup innovation
A top leader at the University City Science Center spoke on Capitol Hill this week to send federal legislators a message: The “Valley of Death” startups face is real, but lawmakers can help them find a way out by directing more government funding to “innovation intermediaries,” like the Science Center. Dr. John Younger, the Science Center’s vice president […]
Why the Government Needs To Create A $10B Venture Fund for Artificial Intelligence
The greatest threat to our national security is not China, it’s the growing misalignment between the government and emerging technology companies. The U.S. government does not have a unified national agenda regarding artificial intelligence that has broad industry alignment, government investment and a clear sense of strategic imperatives. As such, global corporations are developing AI […]
Cal Poly Center for Innovation & Entrepreneurship Adds New Faculty Fellows to Inspire Startups and Innovation
Cal Poly’s Center for Innovation & Entrepreneurship has added four educators to its Faculty Fellows advisor program to inspire startups. The latest fellows include College of Engineering faculty members Hani Alzraiee (civil engineering) Lauren Cooper (mechanical engineering), Chris Heylman (biomedical engineering) along with Javin Oza (chemistry and biochemistry) from the College of Science and Mathematics. […]
Air Force tech accelerator welcomes third cohort
The Air Force’s Boston-based technology accelerator program announced the companies that will be joining its 2020 cohort Thursday evening. Ten startup companies, working on a very wide range of topic areas from computer vision to learning and training products, will now spend the next three months connecting with the Air Force and working on their respective […]
Think universities are making lots of money from inventions? Think again. – The Washington Post
Response from innovosource: We love and hate this article at the same time. We love that university commercialization is getting coverage and that the author highlights the difficulty of bringing university tech and startups to the marketplace. We hate that pieces like this perpetuate the societal belief that university commercialization offices are solely mission-driven to […]
5 Ways to Boost Local Innovation
Visitor numbers keep setting records year after year, but core questions about tourism and the Hawai‘i economy haven’t changed for half a century: How do we hedge against economic vulnerability when tourism is our No. 1 industry? And how can we build viable, sustainable and scalable economic industries in our unique island environment that create prosperity […]
Female entrepreneurs are turning away from venture capital
Sukhi Jutla had no illusions about raising venture capital for her startup, MarketOrders, a blockchain-based global marketplace for the gold and diamond jewelry industry. She knew that in the UK, only 1% of venture capital (pdf) goes to women. And as a minority woman, she faced even steeper odds. She decided to try to raise the money […]
The case for growth centers: How to spread tech innovation across America
he future of America’s economy lies in its high-tech innovation sector, but it is now clear that same sector is widening the nation’s regional divides—a fact that became starkly apparent with the 2016 presidential election. Based on “winner-take-most” network economies, the innovation sector has generated significant technology gains and wealth but has also helped spawn […]
What makes startup accelerator programs successful
New research from the University of Georgia links startup accelerator success with a few key program elements, such as mentorship and open discussion among participating startup founders. Recently published and forthcoming papers co-authored by Susan Cohen in Research Policy, Administrative Science Quarterly and Organization Science examined the variation among several accelerators. Accelerators are fixed-term, cohort-based educational programs for startups. There are about […]