New NSF program hopes to rev the nation’s ‘engines’ of innovation | Science | AAAS
A better surgical adhesive was long overdue. Pittsburgh, on the other hand, was not. So, a decade after its establishment, Cohera Medical, a promising firm founded on an invention by University of Pittsburgh (Pitt) chemical engineer Eric Beckman, relocated to Research Triangle Park in North Carolina, which its founders thought a more advantageous location for […]
Questions arise on Y Combinator’s role in startup correction | TechCrunch
Y Combinator, or YC for short, is the world’s best-known accelerator. Its expanding cohort sizes, twice-yearly cadence and “standard deal” made it a trendsetting startup program; one that has sufficient heft to influence the overall direction of the early-stage market for funding upstart technology companies. And, after starting life offering “about $20,000 for 6% of a company,” […]
$65M grant funds joint academic-pharma drug accelerator in partnership with NJ and NY universities
According to a May 31 release from Hackensack Meridian Health, experts from northern New Jersey, New York City, and California are teaming forces to investigate and develop antiviral medicines for SARS-CoV-2, its variations, other coronaviruses and pandemic viruses, as well as future viral threats. The new Metropolitan Antiviral Drug Accelerator, or MAVDA, will be supported […]
Michigan Rise makes 50th startup investment –
The Michigan State University Foundation’s two-year-old fund has now invested roughly $6 million in companies across the Mitten state. The Michigan Rise Pre-Seed Fund III, a subsidiary of the Michigan State University Foundation, announced earlier this month that it has made its 50th startup investment since its founding in August 2020, in collaboration with the […]
Purdue, Rolls-Royce sign 10-year, $75 million strategic alliance agreement
Purdue University and Rolls-Royce officials have signed a research and testing agreement that will bring $75 million over 10 years to the West Lafayette campus. It is the largest deal with an industry partner in Purdue history. The Purdue and Rolls-Royce relationship has thrived for more than 70 years, highlighted by millions of dollars invested […]
FSU internal investment program helps faculty move from lab to market
Improved ceramics manufacturing, breakthrough medical screening tests and a more convenient way to detect nuclear particles earned funding from the latest round of a Florida State University program that helps researchers bring their work to the marketplace. FSU’s Office of the Vice President for Research awarded more than $167,000 to faculty members to continue research […]
UMass System announces $250,000 in Technology Development Fund awards
Thanks to $250,000 in seed funding announced today by University of Massachusetts President Marty Meehan, new technologies aimed at reducing patients’ and health-care workers’ exposure to drug-resistant bacteria, detecting important ocean data, and determining genetic disorders linked to autism and other medical conditions could get closer to market. The Technology Development Fund, which works to […]
MIT Climate and Sustainability Consortium announces recipients of inaugural MCSC Seed Awards | MIT News
In its first-ever 2022 MCSC Seed Awards program, the MIT Climate and Sustainability Consortium (MCSC) awarded 20 projects a total of $5 million over two years. Principal investigators from all five of MIT’s schools are leading the winning projects. The MCSC Seed Awards are designed to engage MIT researchers and connect the consortium’s economy-wide work […]
Ohio State, Ohio universities happy with many-pronged returns of joint VC fund
After the first fund met its objectives – not only financial returns, but also fostering digital firms in Ohio and creating jobs for their graduates – the public universities that founded an Ohio-focused venture capital firm are considering launching a second fund. Managing Director Bill Baumel told Columbus Business First last month that the Ohio […]
New SEAS fund will help nurture Yale-borne ideas that benefit humankind
The Yale School of Engineering & Applied Science (SEAS) has developed technologies that are utilized to treat cancer, distribute clean water to communities in need, and provide industry-leading blockchain security. The newly established Roberts Innovation Fund will help these and other SEAS researchers bring game-changing advances to market and address some of the world’s most […]