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
Funding healthcare accelerators, an HHS unit is taking a VC approach to innovation
The DRIVe (Division of Research, Innovation, and Ventures) website looks like it belongs to a VC company rather than a federal agency – smart graphics and succinct descriptions. That’s not an accident. DRIVe is taking a venture approach to solving some intractable
Advance Queensland innovation fund gets AU$73m Budget boos
The Queensland government has handed down its 2018-19 Budget, with jobs and innovation once again a focus for the state. The state’s innovation fund Advance Queensland, launched three years ago during the 2015-16 Budget, will be receiving a further AU$73 million
Michigan’s Venture Investors adding $100 million fund for med device/health startups
A document which contains plans to raise $100 million in healthcare funds, was recently submitted to the U.S. Securities and Exchange Commission by a venture capital firm in Madison, Wisconsin, – Venture Investors LLC – which also has a strong
Texas Medical Center’s TMC Venture Fund invests $500K in Two Medical Device Startups
In another landmark event, two medical device startups – CorInnova and Intelligent Implants – were each awarded $250,000 grants at the Texas Medical Center (TMC) on Thursday. These funds were from the $25 million TMC Venture Fund which was raised

Twin Cities to host first summit connecting university tech and startup funds with industry and investors
The Twin Cities will host the first gathering focused on connecting university tech and startup funds with innovative companies and early-stage investors. COvergence, scheduled for July 11th, is aimed at jump starting conversation around active university proof of concept, startup, and venture gap funds and accelerators that will lead to greater collaboration to advance innovation from the lab to the marketplace.
After hiatus, Sony is back in the corporate venture capital game
Launched in 2016, the Innovation Fund targets early stage companies in robotics, artificial intelligence, virtual reality, video, music, entertainment and other technologies. It has invested in around 25 companies in the U.S., Japan and Europe so far. The average investment
University of Michigan’s Desai Accelerator Invests in Six Startups to Kick Off 2018 Summer Cohort
This week, the Desai Accelerator, a joint venture between the University of Michigan’s Ross School of Business and the College of Engineering, welcomed six teams into its Summer 2018 cohort and debuted an expanded intern program to support those startups in their development. The Desai
Imperial College London and Central Working provide £250k to six ‘world-saving’ startups
Imperial College ThinkSpace and workspace provider Central Working have awarded a combined £250k to six technology companies as part of the inaugural Scalable Business Awards (SBAs). The startups will receive a year of free White City office space alongside the
University of Utah Doctor, Students Raise $975,000 for Intubation Technology
While treating people in Africa, University of Utah anesthesiologist Sean Runnels invented a suite of intubation tools for placing breathing tubes during medical procedures. Now, he is moving rapidly toward selling the products. With help from students at the U’s
Accelerating Berkeley startups at SkyDeck | TechCrunch
True to its name, SkyDeck has one of the best views in all of Berkeley. You can UC Berkeley on one side and a wide swath of the bay on the other, with San Francisco just barely peeking through the fog. If