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
IP Shakti, offers proof of concept approach and funds for life science and biomedical innovation
IP Shakti, LLC, a Princeton based innovation fund, offers a new approach for investing in the early stages of life science and biomedical innovation. University inventors often face the “valley of death” funding gap when they look to develop a
U-M’s New Drug Discovery Center to Commercialize Research; provide seed grants
Last week, the University of Michigan announced a new Center for the Discovery of New Medicines (CDNM) to help speed the school’s research findings to the marketplace. The new initiative is a cross-departmental effort to leverage resources like former Pfizer researchers, unique libraries of compounds, and a culture of
Coulter Foundation funds five University of Missouri translational research projects
In 2011, Coulter agreed to provide $200,000 in startup funds as well as $666,667 each year for five years, while MU kicks in $333,333 per year over the same period, totaling $5.2 million. Each research project this year will receive
Convertible Equity vs. Convertible Debt
In the most recent Mind the Gap report, we found that ~75% of the 23 surveyed startup-focused gap funds (business formation, business growth) were structured to accept equity (70%)/convertible debt (30%) as a return/repayment strategy. This recent article from Fortune,
Mayo Clinic, venture firms team to support Rock Health tech incubator fund
After two years of nurturing medical-technology companies–including one that turns an iPhone into a functioning microscope and another making games to sharpen mental acuity–San Francisco incubator Rock Health has formed a partnership with several venture firms that will see more
Estonian Tallinn University offers Prototron Fund with help from Swedbank
On the 14th of August prototype fund called “Prototron” was launched by Tallinn Science Park Tehnopol, Swedbank and Tallinn University of Technology. The aim of the fund is to finance the development of first products – prototypes. Swedbank will financing fund
Overview: Portland State University Venture Development Fund
The University Venture Development Fund (UVDF) is a legislatively created and donor funded venture/ grant program unique to the State of Oregon. As a fund used to fill the funding ‘gap’ between university innovation and commercial products and services, the
University of Utah looks to donations to jumpstart Gateway Crimson Innovation Fund
At a time when the University of Utah is tapping the philanthropic community to fund scholarships and buildings for research, academics, athletics and cultural amenities, the school this week added another request: funding for technology commercialization. Money donated to a new
Three Ohio State University spinoffs, two applied research projects land support from Ohio Third Frontier
Three Ohio State University spinoff companies and two research projects were awarded a combined $400,000 from the Ohio Third Frontier Commission out of a total $12.5 million awarded Thursday.
University of Iowa Research Foundation increases proof of concept capabilities
Before this year, the foundation had been able to finance the proof of concept research through the state’s Grow Iowa Values Fund (GIVF). Last year, the foundation doled out $525 thousand in grants, with each grant ranging from $10,000 to