SEATTLE, Washington, December 15, 2014 – The Life Sciences Discovery Fund (LSDF) today announced $1.2 million in Proof of Concept grants to Washington-based organizations to foster the advancement of promising health-related technologies to commercial products. Also announced were two commercialization-focused awards, totaling $600,000, through a new funding program requiring external cash matching. […]
Gillibrand Announces Senate Passage Of DOD Pilot Program To Bring High-Tech Innovation To The Marketplace
U.S. Senator Kirsten Gillibrand announced that Congress passed as part of the National Defense Authorization Act (NDAA) a provision to extend and enhance a Department of Defense (DOD) Proof of Concept Commercialization Pilot Program based on key provisions from her legislation to help accelerate the commercialization of basic research. This provision authorizes military departments across […]
LSU is adding another $2 million into the LSU Leveraging Innovation for Technology Transfer, or LIFT2 fund, which provides grants to faculty members on a competitive basis twice a year, to validate the market potential of their inventions. The LSU Board of Supervisors approved the measure on Friday.
“LSU faculty conduct research that has important impact […]
The New York State Innovation Venture Capital (NYSIVC) Fund is a seed stage and early stage venture capital fund with up to $50 million to support and attract new high-growth businesses. The NYSIVC Fund will provide critical funding to promote the commercialization of new technologies, incentivize economic growth and encourage job creation across NY […]
A wound healing business from Fairlawn, an Akron-based drone designer and manufacturer, and a Cleveland startup using the power of collective intelligence in a chat app are among the six technology companies to receive funding from the Innovation Fund. The awards, totaling $375,000, should help these fledgling companies validate their new technologies and prove their […]
Eric Rosenfeld received a curious email this year explaining that he had been chosen to join a group called Future Founders. “The email came out of the blue,” said Mr. Rosenfeld, who is vice president for engineering […]
Capital is the lifeblood of early stage companies. Thanks to the STC.UNM STC Co-Investment Fund, EcoPesticides International has just received a significant infusion. STC has invested $89,000 in the Albuquerque-based startup company that has licensed University of New Mexico UNM technology to make biologic-based “green” pesticides more effective in protecting against harmful pests while doing […]
[Updated, 1:05pm] Big universities are trying to figure out this venture capital thing. Should they form partnerships with specific venture firms? Should they start their own funds and incubators? How best to do that?
The latest exhibit is the venture firm Xfund (originally called Experiment Fund), which is affiliated with Harvard University and says it has […]
In a positive development for Miami’s developing entrepreneurial ecosystem, venture capital investor Peter Kellner said he will plant his fund’s third office in Miami.
Richmond Global Ventures, which also has offices in Silicon Valley and New York, is raising an $80 million to $125 million venture fund focused on early-stage companies around the world and close […]
Early-stage science startup venture capital firm Mercury Fund will close its Mercury Fund III with $105 million in commitments it says it will use to target some of the biotech markets most promising startups and entrepreneurs in the Southwest, Midwest and Rocky Mountain regions.
“We are grateful to our new and existing investors for their strong […]