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
Oculus VR co-founder Brendan Iribe donates $50,000 to UMD’s Startup Shell
When junior computer science major Sam Drozdov approached Brendan Iribe — co-founder of virtual reality company Oculus VR — during the on-campus coding marathon Bitcamp in April, he wanted to build a relationship between the entrepreneur and the student-run organization
University of Wollongong launches AU$10m startup seed fund
The University of Wollongong (UOW) has launched an AU$10 million seed fund aimed at providing a pipeline of early stage business development for young tech startups, in order to attract outside investment. The initiative is part of the university’s iAccelerate
CCDI to back seven innovative Cape projects in second round of seed fund
A hydrogen-powered drone that releases lab-bred insects to wipe out pests, a medical device which uses a novel method to treat glaucoma and an innovative method to manufacture oak extract for use in the manufacture of wine and spirits… These are
New business angel fund to invest €30mn in Finnish start-ups
A new fund for business angels, EAF Finland, aims to improve growth by financing start-up enterprises. The fund’s 30 million euro budget comes from the Finnish Funding Agency for Innovation (Tekes) and the European Investment Fund (EIF). It was announced
University of New Hampshire creates innovation fund
The University of New Hampshire’s Peter T. Paul Entrepreneurship Center has established the J. Dolores and Alfred P. Maurice Prize for Innovation Fund, UNH announced Wednesday. Alfred P. Maurice donated $150,000 to create an endowed gift to benefit undergraduate student
University of Texas Dallas Seed Fund Makes First Startup Investments
The evergreen fund launched earlier this year within the university’s Institute for Innovation and Entrepreneurship is designed to provide capital to startups progressed beyond an idea and needing to scale. Businesses originated by UTD students, alumni, faculty, staff, or others associated with
New Mexico Arrowhead Innovation Fund receives investment from state’s Catalyst Fund
The Arrowhead Innovation Fund at New Mexico State University’s Arrowhead Center is one of three organizations to receive investment from the state’s Catalyst Fund, a $20 million “fund of funds” to support New Mexico companies, Gov. Susana Martinez announced Tuesday
Penn State startup Virolock Technologies secures $75,000 in funding
When facing an outbreak of an infectious disease like Zika, influenza or Ebola, early detection and isolation of the virus is critical. A new Penn State startup is working to tackle this challenge with truly remarkable technology. As a viral
Brandeis University Named National Science Foundation I-Corps Site to Fund Campus Discoveries
Brandeis University today announced it has been awarded a $237,050 five-year grant from the National Science Foundation (NSF) Innovation Corps (I-CorpsTM) program. The grant will provide funding for innovative startups and technologies developed by Brandeis students, faculty and staff. Brandeis
Michigan Economic Development Corporation offers funding to stimulate startups
When it comes to entrepreneurship, the line from A to B rarely is a straight one. Therefore, the Michigan Economic Development Corp. developed a map to assist entrepreneurs at each stage to stay on track. The MEDC uses a subway