Innovation funding has been largely spared from the government’s $43 billion drive for fiscal cut-backs, with a new $350 million round for the Innovation Investment Fund and fresh cash to publicise Australian start-up success stories. Continue reading “Australian Fed Carves Out $350M For Innovation Investment Fund” »
Colorado State University Announces A $1.5M VC Fund
In an email addressed to the Colorado State University community, it was announced Mon. May 13 that $1.5 million dollars has been been approved for the Colorado State University System Venture Capital Fund.
Martin said he has helped two other Universities through similar programs and has seen great success. Continue reading “Colorado State University Announces A $1.5M VC Fund” »
Denmark Technological Institute Provides Gap Funding To Gel Start-up
A start-up company from the Technical University of Denmark (DTU) now offers a simple tool for detecting corrosion in electronics. DTU’s involvement in the Copenhagen Cleantech Cluster made it possible to allocate gap-funding to the project Continue reading “Denmark Technological Institute Provides Gap Funding To Gel Start-up” »
SEC’s Crowdfunding Delay Faulted for Stunting Businesses’ Growth
U.S. small-business growth is being stunted by regulators’ delay in issuing rules to permit so- called crowdfunding and other means of raising capital, company owners and academics will tell lawmakers today.
The House Small Business Committee is holding a hearing in Washington to examine Securities and Exchange Commission work to implement the Jumpstart Our Business Startups Act, signed into law last year with the goal of spurring job creation. The SEC has missed deadlines for rules including ones that would let hedge funds advertise for investors and allow startups to raise money over the Internet. Continue reading “SEC’s Crowdfunding Delay Faulted for Stunting Businesses’ Growth” »
University of Utah Hosts Speed Teching Event for Investors, Technology Managers From Multiple Utah Universities
University of Utah Hosts Speed Teching Event for Investors, Technology Managers From Multiple Utah Universities
– Investors and Entrepreneurs Invited to Learn about Available Technologies at Utah Universities for Potential Partnerships – Continue reading “University of Utah Hosts Speed Teching Event for Investors, Technology Managers From Multiple Utah Universities” »
Microfunding Site, TerraYebo, Gets $100K From MI Automation Alley
The Automation Alley Seed Fund has struck again, investing $150,000 into TerraYebo.
This is the Troy-based business accelerator’s second six-figure investment in the micro-funding website start-up. It invested $100,000 in the Madison Heights-based firm earlier this year.
“Our investment committee liked their entrepreneurial team,” says Thomas Anderson, senior director for Automation Alley. “We thought they were smart and focused.”
TerraYebo is the company behind MyInchofTheEarth.com, a micro-funding platform for nonprofits. The website enables users to claim any virtual inch of the earth or ocean, share why that place is important, and choose a nonprofit that either supports the preservation of that place or a nonprofit that does good in the world. The idea is to let people’s life experiences at different institutions (such as their alma mater) or places (a national park) prompt them to give small amounts to non-profits that fund them. Continue reading “Microfunding Site, TerraYebo, Gets $100K From MI Automation Alley” »
Forbes Covers Northeastern University IDEA Grants
In the age of startup-mania, accelerators, incubators and the constant search for venture capital,Northeastern Universityis taking a proactive approach to getting would-be founders to an entrepreneurial happy-place.
IDEA calls itself a “venture accelerator,” The three-year-old program within the university was founded by students who – after coming face to face with the harsh realities of startup life – felt the school should have a means of cultivating new, student-founded small businesses and getting them ready for prime time. Continue reading “Forbes Covers Northeastern University IDEA Grants” »
Wayne State University Spin-out, SIB Medical Technologies, Secures Support From The Warrior Fund
SIB Medical Technologies thinks it can reinvent colon cancer detection.
The Wayne State University spin-out is developing a medical device that could become the simpler and cheaper option for colon cancer screening. The technology preserves tissue samples in a liquid solution rather than with heavy, bulky cryogenic materials, which could allow for home screenings. Continue reading “Wayne State University Spin-out, SIB Medical Technologies, Secures Support From The Warrior Fund” »
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. The remaining amount would come from scheduled banks, insurance companies, financial institutions, corporates, high net worth individuals as well as bilateral and multilateral institutions, said Economic Affairs Secretary Arvind Mayaram. Continue reading “India Sets Up $1B Innovation Fund” »
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. Continue reading “Scottish Enterprise Backs Optical-Measurement Tech With 400K POC Grant” »
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