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
India Sets Up $1B Innovation Fund
The Indian government has outlined a plan to set up Rs.5,000 crore (nearly $1 billion) fund to facilitate innovation and entrepreneurship, top official said Thursday. The government would initially contribute $20 million (Rs.100 crore) to the India Inclusive Innovation Fund.
‘Crowdfunding’ trend poised to make mark on U.S. investing landscape
For $100, Micah Lubens bought a share of a vacant, two-story brick building that was promoted as the next up-and-coming hot spot along D.C.’s bustling H Street corridor. Through food blogs, Lubens learned of plans to transform 1351 H Street
Scottish Enterprise Backs Optical-Measurement Tech With 400K POC Grant
A £400,000 Proof of Concept grant has been awarded to develop pioneering optical-measurement technology that could help chemical and bio-processing companies produce higher yields and speed up product development.
Kickstart Seed Fund Raises $26M For Mountain West Start-ups
Kickstart Seed Fund, the venture organization created to support startups in the Mountain West part of the United States, has raised $26 million to support its second fund. In the process, it has also added two industry veterans to its management team:
New Mexico Angels Support University Start-ups To Tune Of ~$1.5M Per Year
The New Mexico Angels, a local angel investment group, remains the bright spot of investment activities in what has been several years of gray skies for the state’s venture capital community. Angel investments have been critical to funding the early
University of North Carolina Wilmington Announce New Venture Fund
University of North Carolina Wilmington officials on Friday announced the creation of a venture capital fund to “support business and economic development” in the Wilmington area. The proposed fund will be part of the school’s Entrepreneurship Center, which will be
Wisconsin Lawmakers Propose $75M State Seed Fund
Madison lawmakers proposed a new venture capital plan last week, the latest step in their two-year slog to help create an entrepreneurial renaissance. Meanwhile, groups of entrepreneurs, mostly concentrated in Madison and Milwaukee, continue their attempts to spark that renaissance
Purdue Research Foundation, Alumni Network Team On Start-ups
WEST LAFAYETTE, Ind. — A new all-volunteer, nonprofit group composed of Silicon Valley-based Purdue University alumni could provide Purdue innovators and entrepreneurs with support to commercialize the university’s innovations. Silicon Valley Boiler Innovation Group (SV BIG) links established California venture capitalists, angel investors,
University of Illinois At Chicago, illinoisVentures Launches New $10M POC/Seed Funds
The University of Illinois at Chicago is launching a $10 million fund to help inventions advance from the research stage toward potential commercial opportunities, becoming the latest academic institution in the area to channel increased resources toward homegrown startup activity.
Rutgers University, UMDNJ Start-up, NovoPedics, Secures $500K For Implantable Device
Newly formed NovoPedics, Inc., has received a commitment of up to $500,000 from Foundation Venture Capital Group (FVCG) to advance its development of an implantable meniscus replacement/regeneration medical device.