GAP Community News
The University Gap Funding/Accelerator Weekly update, a resource for those interested in university-affiliated translational research, proof of concept, startup, and venture gap fund/accelerator program
University Gap Funding and Accelerator Community News
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
AI2 Incubator hatches $10M fund for startups with VC support
Seattle’s Allen Institute for Artificial Intelligence is kicking things up more than a notch for AI startups with a $10 million pre-seed fund for its incubator program. The AI2 Incubator’s fund is backed by some of the nation’s top venture capital institutions, such as Seattle’s Madrona
CIT GAP Funds 2019 Impact Report Showcases $28.8 Million in Capital Deployed to Date
The Center for Innovative Technology (CIT) today released the 2019 CIT GAP Funds Impact Report, detailing both return on investment and socio-economic impact made since the fund’s inception in 2005. A family of funds placing equity investments in Virginia’s high-growth
Science Center awards $600K to three Philly-area researchers for innovative cancer technology
The Science Center on Wednesday announced that it will give a total of $600,000 to three area researchers with unproven but promising concepts for cancer treatment and diagnosis. The nonprofit center, located in University City, provides funding and business advice
UPMC Enterprises commits $1 billion to life science investments
A corporate arm of UPMC will invest $1 billion over the next four years to develop new drugs, medical diagnostic and other devices by 2024, cranking a nascent economic engine in the Pittsburgh region while becoming a giant in venture
ASU Develops a New Generation of Healthcare Innovators
Facebook, Apple, and Microsoft were launched by college-age students. To stimulate a similar dynamic for the healthcare industry, Arizona State University is creating a breeding ground to foment a new generation of innovators. The Tempe, Arizona-based university, which has been ranked the
Saudi Aramco Energy Ventures Plans New 0M Fund Targeting Renewable Energy
Saudi Aramco’s corporate venture capital arm is preparing to launch a new $500 million fund to invest in energy efficiency and renewable energy solutions as well as new oil and gas technologies. Saudi Aramco Energy Ventures (SAEV), a subsidiary of the
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
ASU’s ScaleU, an Edtech Accelerator With a University Behind It
When Dana Stephenson began to court Arizona State University two years ago, he was looking for a higher ed client for his education technology startup. Instead the university wound up as one of his most important investors. What began with
UD’s Hen Hatch 2020 startup funding competition has launched
University of Delaware’s annual Hen Hatch startup funding competition is back for 2020, with applications currently open for both tracks: one for current students, and one for alumni, faculty and staff. The 10 most promising startups from each track will be selected to