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
Ben Franklin’s Energy Commercialization Institute awards translational research grants to area universities
The Energy Commercialization Institute (ECI), the region’s first university-based energy commercialization partnership, has awarded $500K to five university-based translational research and commercialization projects. The funding is intended to jump start promising technologies and help build southeastern Pennsylvania’s alternative energy infrastructure.
Pure Michigan Venture Development Fund Accepting Applications
LANSING– The Michigan Economic Development Corporation has announced that the Michigan Strategic Fund is targeting to invest up to $9 million to help grow the venture capital industry in Michigan.
Invest Illinois supports four Champaign-Urbana area start-ups
Four startup companies with ties to the Champaign-Urbana area have been approved to receive equity investments from the state’s new Invest Illinois Venture Fund.
Few Awards Lead to Frustrations at Third Frontier Fund, Others Point to Recent Program Changes
Many of the people in charge of the Ohio Third Frontier program aren’t happy. Several members of the Third Frontier Commission and Advisory Board expressed deep frustration over the relatively meager number of awards that the technology-focused economic development program
GlobeSherpa, a Portland State student-led venture, moves forward in convenient transit application
Riding TriMet buses and trains in Portland may soon become a paperless, machine-less and generally more convenient experience ifGlobeSherpa has anything to say about it. The 2-year-old company has created a mobile system that lets riders buy tickets on their phones. The completely
Gap Funding Helps University of Illinois at Chicago Professors Commercialize Discoveries
Four technologies being developed by University of Illinois at Chicago researchers have been awarded the first UIC proof-of-concept gap funding grants, designed to help UIC faculty transition their inventions from the laboratory to the marketplace.
Alaskan 49th State Angel Fund Is Ready to Roll
Alaskans are full of great ideas. We’ve dreamed up making facial cream out of glacial silt and turning salmon into vodka. But to make money, you need money. And that’s where the 49th State Angel Fund comes in. This spring,
Pension Funds a Source for Early-stage Commercialization? Silicon Valley Bank Invests in Ireland
Silicon Valley Bank (SVB) has announced it will lend $100 million to the Irish innovation sector as part of a new partnership with the National Pensions Reserve Fund (NPRF). According to Reuters, SVB intends to invest in Ireland’s technology, life science,
BC Discovery Fund’s portfolio company, Avigilon Corporation, receives emerging company award
VANCOUVER, BRITISH COLUMBIA, Jun 20, 2012 (MARKETWIRE via COMTEX) — British Columbia Discovery Fund (VCC) Inc. is very pleased to announce that its portfolio company Avigilon Corporation, a leader in high-definition (HD) and megapixel video surveillance solutions, earned the prestigious
$20 Million W Fund, Focusing on Research Spinouts, Open for Business
We’ve been hearing about a new investment fund for university spinouts in Washington state for close to two years. Starting today, the W Fund is officially ready to start cutting checks—and it’s already started investigating promising research projects from colleges and government R&D labs around the state.