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SEC releases “crowdfunding” rule

By | October 29th, 2013|Crowdfunding|

The “crowdfunding” proposal, if adopted by the Securities and Exchange Commission, would be a major shift in how small U.S. companies can raise money in the private securities market.

Private companies are currently allowed to solicit only accredited investors – those with a net worth of at least $1 million, excluding the value of their homes, or annual income of more than $200,000.

The crowdfunding rule would let small businesses raise up to $1 million a year by tapping unaccredited investors. […]

Yorkshire Innovation Fund helps spin-out companies through Bradford University

By | October 29th, 2013|*Fund Types, UK/England|

Funds are being made available to help smaller firms across Yorkshire collaborate with universities to develop new products, services and processes following a project led by Bradford University.

The Yorkshire Innovation Fund has been launched, partly financed by European Union money, and will enable businesses to bid for funding of £10,000 to £30,000 depending on the type, size and timescale of their development projects. […]

DMU spinout, CYP Design, lands venture support for drug discovery approach

By | October 29th, 2013|Uncategorized|

A firm of venture capitalists has given its backing to technology which could help speed up the discovery of new drugs and medicines.

Leading start-up funder Mercia Fund Management has invested in CYP Design Ltd, a spin-out company from the Leicester School of Pharmacy at De Montfort University (DMU).

The company was founded to market new technology designed to reduce the time and money spent on the discovery and testing of new drugs. […]

Australian venture capital growing and set for a shake up as the start-up sector matures

By | October 29th, 2013|Australia, Venture Capital|

A strong and growing start-up sector and the international rise of crowd-sourced equity are set to shake up the Australian venture capital ecosystem for the better in coming years.

Over 60 venture capital and private equity investors gathered in Sydney today to explore the future of the Australian venture capital at the first of three national events coordinated by accounting and research group PricewaterhouseCoopers.

Kar-Mei Tang, head of research at national venture capital industry association AVCAL, told the room the sector was set for signficant changes in the coming years as the start-up ecosystem developed. […]

Yale education spin-out, Panorama Education, scores $4M investment

By | October 21st, 2013|New Investments/Awards|

Panorama Education (www.panoramaed.com), which helps K-12 schools improve through data analysis and feedback surveys of teachers, parents and students, announced today that it has raised $4M in seed funding. The round was co-led by Mark Zuckerberg’s Startup:Education and Jeff Clavier’s SoftTech VC, with additional participation from Google Ventures, Ashton Kutcher’s A-Grade Investments, Yale University, and others. This is Startup:Education’s first national equity investment.


Glaxo calls on government to support 1B commercialization fund

By | October 21st, 2013|Corporate, State or Government, UK/England|

The government should create a £1bn fund to help university researchers work with small businesses to turn promising ideas into money-spinning inventions, according to GlaxoSmithKline‘s chief executive, Sir Andrew Witty. […]

Technical and community colleges claim their position in the future of innovation

By | October 14th, 2013|Uncategorized|

You don’t have to have hundreds of millions of dollars in research expenditures, expansive research equipment and facilities, or a thick curriculum catalog to win in the world of innovation. Recently, leaders at technical and community colleges are beginning to bolster their relevance to industry and investors through creative commercialization, entrepreneurship, and innovation initiatives. […]

Wake Forest University need for gap funding increases

By | October 14th, 2013|North Carolina|

Scientists are creatures of patience. They wait for results, they wait for tenure and, perhaps hardest of all, they wait for funding.

Grant limbo — the blank space between one source of funding and the indefinite start of another — is brutal. Lab technicians are fired and projects are put on hold, all while researchers wait for the return of critiqued proposals.

But at universities that prioritize research, internal grants are available to bridge unanticipated holes in funding. Bridge grants don’t cover the entire cost of a research project, but they can provide enough money to keep labs up and running until external funding is secured. Wake Forest offers bridge grants up to $10,000. […]

Cambridge University launches £50m spinout fund

By | October 14th, 2013|Startup Fund, UK/England|

Cambridge University has created a £50m technology investment company, backed by Arm Holdings and some of the city’s leading institutional investors, to help some of its most promising spinout companies.

The fund is a recognition by the university of the critical need for equity finance to help spinout companies overcome the so-called “valley of death” that projects them from start-up phase into the hands of a much larger operation. […]

Miller Lite sponsors $250K innovation challenge

By | October 14th, 2013|Uncategorized|

Entrepreneurs are known for bringing cutting-edge innovation to the market. And Heman Au’s emerging Duo Kitchenware product is literally cutting edge.

An Arizona State University senior studying industrial design, Au developed a two-handed knife and special cutting board for people with disabilities or diminished dexterity. […]