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
The Maryland Venture Fund closed on $25M to invest in tech companies
The TEDCO-run investment arm closed on $25 million for the Maryland Innovation Opportunity Fund I, according to a press release. The money comes from Maryland’s State Retirement and Pension Fund. The state-backed fund, which focuses on tech, healthcare and life sciences, was
Mayo Clinic, ASU collaborate to seed and accelerate research
In Silicon Valley, investors flock to back potentially disruptive new technology and apps — even if they are still in development. But the funding landscape is a little different for health research. Although novel ideas have great potential to radically
Utah grants aid startup firms through ‘valley of death’ period
For startup companies, the difference between success and failure may be simple to identify — generating the capital needed to keep the lights on while developing a product for market. But finding that funding is often tenuous and challenging. “There’s
Z21 Innovation Fund to accelerate University of Southampton Web startups
Funding is being made available for projects at the University of Southampton capitalising on the growing potential of the Web through the new Z21 Innovation Fund. The fund, a collaboration between the University of Southampton and the Solent Local Enterprise Partnership (LEP), launched yesterday
Texas Medical Center Announces $25 Million TMC Venture Fund
The Texas Medical Center, the largest medical complex in the world, today announced the TMC Venture Fund, a $25 million initiative designed to support technologies and early-stage companies to flourish in Houston’s health care ecosystem and further the TMC’s mission
Microsoft sponsoring free startup accelerator in northeast Wisconsin
Microsoft Corp. and others will sponsor a free accelerator program from Milwaukee-based gener8tor to fuel the growth of 10 northeastern Wisconsin startups each year, gener8tor announced in a news release Wednesday. Microsoft is sponsoring gBETA, a free version of gener8tor’s nationally
Jive donates $25K to Utah Valley University to start student-run venture capital fund
The stakes are being raised for Utah Valley University’s business students. The UVU Wolverine Fund, a student-run venture capital fund using real money for students to make real investments, was created Wednesday after a $25,000 seed donation from Jive Communications.
Partners HealthCare raises $171 million to invest in early-stage life science companies
Partners HealthCare System announced today the closing of $171.1 million in capital to invest in early-stage life sciences companies, which are a critical segment of the state’s innovation economy. The funds raised include $66.1 million in outside capital for Partners
Merck and CDRD Announce Joint Investment in the Canadian Life Sciences Ecosystem
he Canadian scientific community gathered in Ottawa this week to engage in a national dialogue on science, technology and innovation policy at the annual Canadian Science Policy Conference. Just prior to the Keynote Address at this event by the Honourable
Lockheed Martin places big bets on defense start-ups
When Chris Moran took over the internal venture fund of Lockheed Martin in June 2016, the nation’s largest defense contractor had already been investing in start-up technology companies for nine years. More than $100 million had been invested in 22 separate companies since the