Notre Dame launches $3.5M fund for student-led ventures

By | February 28th, 2013|*Fund Types, Indiana, New Fund Announcement, Startup Fund, Student Funds|

A new $3.5-million fund at the University of Notre Dame has been established to help launch student-led ventures and further strengthen the educational component of the University’s ESTEEM Graduate Program.

The funds for the program will be from gifts made to the University by John Jeuck, the former dean of the University of Chicago Booth School of Business, in honor of his close personal friend, Philip J. Purcell III, a member of the Notre Dame Board of Trustees. […]

Dorm Room Fund backs student start-ups expands into New York City

By | February 28th, 2013|New Fund Announcement, New York, Student Funds, Venture Capital|

NEW YORK—A unique venture capital fund that focuses on financing business concepts from students is expanding into the city.

First Round Capital launched the Dorm Room Fund last year in Philadelphia with $500,000 and a team of students choosing which start-ups to finance.  […]

University of Buffalo Catalyst Fund puts $214K into promising inventions

By | February 25th, 2013|*Fund Types, New York, Proof of Concept (POC) Fund|

UB’s Catalyst Fund has awarded $213,762 to five UB inventors or research teams developing promising technologies in the life sciences.

The financial support will enable the researchers to conduct efficacy studies and other projects that demonstrate the commercial value of potential products. The goal is to move promising technologies closer to the market. […]

University of Washington C4C funds start-ups through creative gap funding program

By | February 25th, 2013|*Fund Types, Startup Fund|

Up to 20 UW startups will have funding by the end of this fiscal year, thanks to help from the UW Center for Commercialization (C4C).

The C4C has funded eight companies in the past six months. By the end of this fiscal year, they expect to fund 16 to 20 — twice as many as the average over the past five years. […]

Pitt, CMU join team to gap fund start-ups

By | February 25th, 2013|New Fund Announcement, Pennsylvania, Proof of Concept (POC) Fund|

The technology commercialization offices at the University of Pittsburgh and Carnegie Mellon University are teaming up on a new initiative to spin out more technology into startups.

The collaboration is being funded by a $200,000 grant from the Pennsylvania Department of Community and Economic Development. Each university is receiving $100,000 in DCED money plus $25,000 from the Greater Oakland Keystone Innovation Zone. Each school is kicking in an additional $75,000. […]

MedCity news covers five university crowdfunding platforms

By | February 25th, 2013|Crowdfunding|

piece in Forbes this week calls attention to a recent trend in technology commercialization at universities: the use of crowdfunding.

The article focused on a collaboration between the University of Utah’s Technology Commercialization Office and the crowdfunding site RocketHub, which resulted in the University Tech Vault, a portal specifically for projects that come out of the university.

Come […]

Durham University scientist lands financial backing for graphene production

By | February 11th, 2013|New Investments/Awards, Proof of Concept (POC) Fund, UK/England|

A SCIENTIST whose company is developing a way of mass-producing a substance that can make cars and planes lighter has landed a £1.6m investment.

He has won financial backing from the Engineering and Physical Sciences Research Council in his efforts to commercialise the substance and has signed up industrial partners Dyson and Procter & Gamble.

[…]

New York Gov. Cuomo suggests a $50M venture fund, target early-stage start-ups and university technology

By | February 11th, 2013|New Fund Announcement, New York, State or Government, Venture Capital|

ALBANY — Start-up companies in New York state will have Niagara Falls to thank for some of a $50 million venture capital fund that the governor wants to create.

One of several ideas that Gov. Andrew Cuomo has proposed to help encourage the growth of high-tech start-ups in the state is what’s being called the NYS Innovation Venture Capital Fund. […]

Boyd Ventures funds two University of Tennessee student companies

By | February 11th, 2013|Angel, New Investments/Awards, Tennessee, Venture Capital|

College Campuses are prime target markets and hotbeds of potential innovation, according to student entrepreneurs selected as winners of grants from the Boyd Venture Fund at the University of Tennessee.

The fund, administered through the Anderson Center for Entrepreneurship and Innovation in the UT College of Business Administration, selected InHouse GFX and Adams Innovation to split the $20,000 prize awarded for the Fall of 2012. […]

Prostate cancer drug candidate funded by University City Science Center QED program

By | February 11th, 2013|Accelerator/incubator, New Investments/Awards, Pennsylvania, Proof of Concept (POC) Fund, State or Government|

Could a compound developed by two University of Delaware faculty members be a new line of defense against prostate cancer? Robert Sikes, director of theCenter for Translational Cancer Research (CTCR) and associate professor ofbiological sciences, and John Koh, associate director of the Delaware Biotechnology Institute (DBI) and professor of chemistry and biochemistry, believe they have indeed invented a new class of cancer-fighting antiandrogens. Now, with a recent $200,000 QED proof-of-concept grant, equally funded by the QED Program and UD, they have the chance to prove it. […]