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
New grants to help UCF, Canvs launch $5M seed fund – Orlando Sentinel
U.S. Secretary of Commerce Penny Pritzker visited campus in person to unveil the new matching grants: $500,000 from the i6 Challenge program and just under $250,000 from the Regional Innovation Strategies Program. Pritzker said UCF is one of two universities
MassDevelopment issued a $175000 revolving bridge loan from the Emerging Technology Fund
MassDevelopment issued a $175,000 revolving bridge loan from the Emerging Technology Fund to Dynamo Micropower Corporation. Dynamo Micropower Corporation is a privately-held developer and manufacturer of fuel-flexible micro-turbine based power generation systems for the oil and gas industry, located in
Connecting Gap Funding to Institutional Impact
We are developing a construct for aligning gap funding (and other tactical) university commercialization programs to the core missions of the institutions they serve—research, education, societal benefit. Please add you comments and we will update this presentation with impact measures
Tech Launch Arizona Hosts Summit of Leaders to Advance the Impact of Innovation
The process of taking inventions from university research and turning them into patents that can be converted into products and startup companies is long and complex. Given the uniqueness of each university’s research environment and its surrounding ecosystem of businesses,
U-M spinoff Arborlight gets $1.7M in VC funding to commercialize new lighting technology
Arborlight wants every indoor space to be able to reap the benefits of natural — or as close to natural — sunlight, and thanks to a $1.7 million venture capital investment, the company is one step closer to that goal.
Penn faculty startup raises $100K from city’s StartUp PHL fund
The City of Philadelphia’s StartUp PHL angel fund has invested $100,000 in Penn faculty startup Gencore Systems. It’s the first time that the fund, run by First Round Capital’s Josh Kopelman, has backed a startup built on research done at a local university.
Phasing Out Michigan Venture Fund Would Hurt State’s Efforts To Help Entrepreneurs
Jim Adox, Chairman of the Michigan Venture Capital Association, and Managing Director of Venture Investors LLC, said phasing out the Venture Michigan Fund – as proposed by the Michigan House Commerce and Trade Committee this week – would have a
AKT IP Ventures Launches Targeted $20 Million Fund to Incubate Emerging IP-Based Tech Companies
AKT IP Ventures today announced the launch of a targeted $20 million incubation investment fund that will finance the creation and operation of IP-based businesses in the mobile, multi-touch, wearables, IoT, big data and medical technology sectors. As an incubator
Accel launches $305 million Indian start-up fund
Accel Partners, the venture capital firm that has backed the likes of Facebook and Flipkart, is launching a $305 million India-focused fund to capitalize on the country’s favorable conditions for start-ups. The investment is almost double the size of Accel’s
Md. venture fund helps bring Indiana tech firm to Frederick
A Maryland state-sponsored venture capital fund is helping a growth-minded technology firm move its headquarters from Indiana. The Department of Business and Economic Development said Monday that the Maryland Venture Fund has invested $500,000 in Blue Pillar, a company that