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
$8.25 million Seed Fund for Early-stage Life Science Companies: BioCrossroads Forms Indiana Seed Fund II
INDIANAPOLIS, April 30, 2012 /PRNewswire via COMTEX/ — BioCrossroads announced today the formation of the Indiana Seed Fund II (the Fund), an early-stage capital fund focused on identifying, creating and developing the next generation of Indiana-based life sciences companies. The
NUtech Ventures/UTDC uses proof of concept funding to support a promising imaging spin-out, Ground Fluor Pharmaceuticals Inc.
University Technology Development Corp. provided proof-of-concept funding to help move DiMagno’s imaging agents out of the lab and into clinical trials. Supporting the transfer of university technology to the marketplace, UTDC is a University of Nebraska affiliate and the parent
Ohio and Ohio State University talk about expectations related to their new venture partnerships
“Obviously, you’re making educated guesses on which companies will be successful, but we already do that through the private equity portfolio that we have, and we intend to run the innovation fund in a similar manner to how the other
NIH announces translational research grants to support obesity and diabetes
The National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) encourages NIH Research Demonstration and Dissemination Project grant (R18) applications from institutions/ organizations to test practical, sustainable, acceptable, and cost efficient adaptations of efficacious strategies or approaches prevent and
Moody Foundation supports research at U Texas Medical Branch
The University of Texas Medical Branch announced a $25.5 million contribution from the Moody Foundation of Galveston. The commitment includes $16.5 million to complete the new Jennie Sealy Hospital’s intensive care complex on the university’s island campus. The rest of
Indiana University add translational research funding through Strategic Research Initiative
Indiana University Health and the Indiana University School of Medicine announced they will invest $150 million over 5 years in a new research collaboration, the Strategic Research Initiative, that will enhance the institutions’ joint capabilities in fundamental scientific investigation, translational
Utah Kickstart raising a second fund
Kickstart Seed Fund, a seed investor based in Salt Lake City, is seeking to raise $20 million for a second fund that will back technology and life science companies in Utah and nearby Rocky Mountain states
Nanofiber lands $500K from TechColumbus
TechColumbus announced Tuesday it has stepped up its commitment to incubator tenant Nanofiber Solutions LLC with a $500,000 loan that will convert to equity, the largest to date from the current $2 million round of state-backed Pre-Seed Fund investments.
Ohio Third Frontier Fund puts $1M into advanced next-generation medical device company
EndoSphere Inc. today announced that the Innovation Ohio Loan Fund (IOLF) has awarded $1 million to support EndoSphere’s platform of noninvasive, endoscopically-implantable devices that treat metabolic diseases including obesity and type 2 diabetes.
New Mexico State University funds its first two launch projects
LAS CRUCES – A new program at New Mexico State University’s Arrowhead Center that aims to take near-to-market technologies being developed on campus and help speed their way to the public has picked its first projects to fund.