3 Polsky Startups Awarded $200,000 Each to Build Out Teams, Launch Novel Products
Flow Medical, Lismikro, and OrisDX each have been awarded a $200,000 co-investment from the George Shultz Innovation Fund to further develop their technologies. Managed by the Polsky Center for Entrepreneurship and Innovation, the George Shultz Innovation Fund (GSIF) provides up to $250,000 in co-investment funding for early-stage tech ventures coming out of the University of Chicago, Argonne National Laboratory, Fermilab, […]
Merck launches accelerator programme for AI startups –
The big pharma – known as MSD outside North America – is initially offering support to 12 companies though the newly-formed Merck Digital Sciences Studio (MDSS) and is now taking applications from would-be participants. The scheme is split between Merck’s Newark site in New Jersey and its facilities in Cambridge, Massachusetts, with six places available at each. […]
The Victorian government is investing $100 million into university startups – Startup Daily
Premier Dan Andrews and treasurer Tim Pallas set up the $2 billion Breakthrough Victoria fund, chaired by former premier John Bracks, as an independent investment fund manager investing in commercial innovations in health, technology, manufacturing, agri-food and carbon sectors. The $100 million Breakthrough Victoria – University Innovation Platform, will see universities match the government pre-seed investments […]
Reichman University setting up $30MM VC fund for its graduates
Reichman University in Herzliya is setting up a venture capital fund that will invest mostly in startups founded by its graduates. The fund already has $30 million in commitments from investors which are to be allocated to pre-Seed and Seed investments in startups founded by students, even during their studies. Investors in the new […]
Is the university spin-off boom worth backing? – Investors’ Chronicle
Talk of venture capital opportunities nowadays and thoughts inevitably turn to the pioneers of Silicon Valley. But innovation doesn’t always stem from that particular hotbed of capitalism. In the UK, many start-ups begin life at some of the world’s oldest institutions: universities. Over the past ten years, the combined value of equity investment deals into […]
LaunchVT Demo Night celebrates entrepreneurs, dishes out over $100K
At Demo Night, the program’s annual pitch night and celebration of entrepreneurship, over 200 business-minded community members came at Hula on Tuesday to support the LaunchVT(link is external) 2022 cohort. To the audience and a panel of investor judges, which included Bridget Croke, John Howard, and Matthew Upton, the 2022 cohort presented their concepts. Two […]
Fifth cohort of MIRTA accelerator teams wraps up work – UMaine News
Four faculty-led teams pursuing commercialization of research projects are ready for the next steps in that journey having completed the University of Maine’s 2022 MIRTA accelerator program. The teams presented their projects at a Demo Day event earlier this month, marking the conclusion of this year’s program. The 2022 MIRTA teams, the fifth cohort to […]
VCU Innovation Gateway supports six new projects with the Commercialization Fund
One of the six researchers to receive a VCU Commercialization Fund award from Innovation Gateway is a Virginia Commonwealth University researcher who transitioned from cardiovascular bioengineering to skeletal muscle research after witnessing how difficult it was for some American veterans injured in Iraq and Afghanistan to lift a cup of coffee. Michael McClure, Ph.D., an […]
The Licensing of Academic Patents Contributed Up to $1.9 Trillion to the US Economy, Supported up to 6.5M Jobs in the last 25 Years
The licensing of university and nonprofit research has made a significant contribution to US gross domestic product (GDP), industrial gross output, and jobs over the last 25 years and underscores the importance of basic and applied research to the US economy, as well as the demand for public-private partnerships. The findings are based on an […]
New $115 million investment funds to accelerate research discoveries from idea to reality
In a first for an Australian university, the University of Melbourne today announced the establishment of two new major investment funds, in partnership with Breakthrough Victoria and Tanarra Capital, dedicated to supporting Melbourne’s world-leading researchers to turn their extraordinary discoveries and innovation into commercial reality. The $15 million University of Melbourne Genesis Pre-Seed Fund, being […]