Who benefits from NY $50M Venture Fund?

By | January 27th, 2015|Uncategorized|

Empire State Development officials said a $50 million state venture capital fund will stimulate private venture capital among startups that lack funding, primarily in upstate New York.

“Upstate [New York] is a priority and historically has been underserved as compared to New York City where there’s so much investment in digital media,” said Steve Cohen, deputy […]

Belarus, Russia to set up venture capital fund in 2015

By | January 27th, 2015|Uncategorized|

MINSK, 21 January (BelTA) – The Belarus-Russia venture capital fund is to be established in 2015, Chairman of the Belarusian State Science and Technology Committee Alexander Shumilin said at a press conference dedicated to the Day of Belarusian Science on 21 January, BelTA has learned.

“We are in talks with a Russian venture capital company on […]

Fund helps startups find foreign investors

By | January 27th, 2015|Uncategorized|

Companies trying to move from the research stage to getting a product to market face a number of challenges, including finding financing for the product or service.

Western Canadian research parks, including Innovation Place in Saskatoon, are getting a boost at finding foreign direct investment in their research through a $125,000 fund by the Western Diversification […]

Dartmouth Alum Fund Invests In Businesses With College Ties

By | January 27th, 2015|Uncategorized|

A group of Dartmouth College alumni “angel investors” has established a venture capital fund to help businesses with connections to the college.

“Angel investors” put up money to help entrepreneurs and start-ups to get off the ground and grow. The idea is less about turning a quick profit and more about nurturing a business.

The investors behind […]

Canadian Federal government announces $16.5M Research Support Fund

By | January 27th, 2015|Canada|

A new Government of Canada initiative will provide $16.5 million to further the University of Alberta’s “world-class” innovation and research.

Minister of State (Science and Technology) Ed Holder announced on Jan. 19 that the $16.5 million will stem from the Research Support Fund, which will distribute $342 million across Canadian post-secondary institutions over the next year. […]

B-Schools’ Venture Capital Investments Pay Off For Entrepreneurs

By | January 27th, 2015|Student Funds|

Neha Jainve is in need of cash. Her start-up venture, Wallet Circle, is poised to generate comfortable returns but a £42,000 capital injection from Sirius, an incubator program, will not be enough to sustain growth.

The technology entrepreneur and her co-founders have spent the past two years working on securing seed funding for their fledgling venture.

Based […]

SBA seeks investment fund managers for Early Stage Capital program

By | January 27th, 2015|Uncategorized|

DENVER – The U.S. Small Business Administration is inviting experienced early stage investment fund managers to apply for licensing as part of SBA’s Early Stage Small Business Investment Company (SBIC) program. Licensed Early Stage SBICs may receive SBA-guaranteed debenture leverage up to a maximum of $50 million.

“Our Early Stage SBIC program offers fund managers access […]

University of North Carolina at Chapel Hill Forms $5M Venture Capital Fund

By | January 27th, 2015|Uncategorized|

The University of North Carolina at Chapel Hill has formed a $5m venture capital fund to support University startups.

The Carolina Research Venture Fund will support University startup companies in overcoming funding gaps, accelerate growth and help move ideas from University labs to the commercial marketplace.

The University already has a number of avenues through which students […]

Start-Up Chile Launches Follow-On Fund To Boost Local Growth

By | January 27th, 2015|Chile|

Shortly after launching Start-Up Chile, the state-backed accelerator program designed to spur the development of a startup ecosystem in Chile, the Chilean government realized they had a problem on their hands. The program was running smoothly, but a dearth of local investors was driving a good portion of its graduates to a premature death.

Five years […]

Illinois Ventures Fund Grants $125K to University Researchers

By | January 19th, 2015|Illinois, Proof of Concept (POC) Fund, State or Government|

Researchers from three universities in Illinois have received the first batch of funding from IllinoisVentures, a University of Illinois-born fund that launched in October and aims to accelerate the commercialization of new technologies.

Five researchers from the University of Chicago, Northwestern, and the University of Illinois at Chicago received a total of $125,000 in grants from […]