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University of Oregon spinoff companies receive state innovation grants

By | April 27th, 2015|Oregon|

Two companies spun out of research conducted at the University of Oregon are among five Oregon startups that will share $300,000 in state innovation grants for small businesses.

The companies — SupraSensor Technologies and NemaMetrix — will receive a combined total of more than $110,000 from Business Oregon, the state’s economic development office, to help prepare […]

State allocates $250M for second N.C. Innovation Fund – Triangle Business Journal

By | April 27th, 2015|North Carolina|

On Wednesday, State Treasurer Janet Cowell announced a new $250 million North Carolina Innovation Fund.

Two-thirds of the sum will be earmarked for co-investments in diverse industries, including growth sectors in the state. The remaining third will have a multi-stage focus, according to Cowell’s office: venture, growth, buyout and mezzanine.

The announcement, made alongside former Bank of […]

Russia, China partner on $200 million venture fund, tech incubator

By | April 27th, 2015|China, Russia|

The United States isn’t the only place in the world where money is pouring into high-tech innovation. On Tuesday, Russian prime minister Dmitry Medvedev’s Skolkovo Foundation for technical development and the Chinese Cybernaut Investment Group agreed to create a $200 million venture fund, a startup incubator for Russian businesses and a new Chinese robotics center, […]

How discovery science is reinventing the world

By | April 27th, 2015|Uncategorized|

“Without discovery research, without innovation, applied research can only go so far,” says MIT Institute Professor Phillip Sharp. “There are strikingly important things we just don’t know exist, but discovering them through basic science changes the whole world.”

That’s precisely what happened to Sharp. He came to MIT in 1974 to join the Center for Cancer […]

$200 million for Australian Medical Research Commercialisation Fund

By | April 27th, 2015|Australia|

Brandon Capital Partners, the manager of the Medical Research Commercialisation Fund (MRCF), has announced the closing of a $200 million life science venture capital fund. It is the third MCRF fund to be raised by the company and will be Australia’s largest ever life science venture fund.

Over 50 medical research institutes and research hospitals are […]

Here’s which states are most innovative in America – The Washington Post

By | April 21st, 2015|Uncategorized|

What makes a state a champion of innovation? Is it the size of its tech workforce, the speed of its broadband connectivity, its willingness to protect and foster new business models? What is the essential mix of state-level policies and practices that make […]

IDEA Reaches Gap Funding Milestone: 6 Ventures Receive Non-Equity Grants

By | April 21st, 2015|Ohio|

Northeastern University’s Venture Accelerator IDEA recently reached a monumental milestone in their mission to coach, fund, and launch ventures: in February, IDEA completed its largest round of Gap Funding that provided six ventures with $10,000 to overcome a specific gap in each of their businesses. The bi-monthly Gap Fund IDEA provides ventures the opportunity to […]

Ohio Third Fronteir supports University of Akron professor develops super-strong, reusable adhesive that could be used in automobile and aerospace industries

By | April 21st, 2015|Ohio|

A University of Akron professor has developed a super-strong, reusable adhesive that works on numerous surfaces.

A company he co-founded has been awarded a $736,000 National Science Foundation grant to prepare the adhesive, spun from polymer fibers, for commercial use.

The product, developed by Josh Wong, a professor of mechanical engineering, was inspired by the ability of geckos, […]

Aalto’s first ERC Proof of Concept grant to DRAM technology

By | April 21st, 2015|Uncategorized|

Memory technologies that are used in computers, smart phones, tablets, etc. can be coarsely divided into two classes: fast but volatile DRAMs (dynamic random access memory) and non-volatile flash memories.

Racetrack memory based on the controlled motion of magnetic domain walls is a promising new technology for next generation memories, because it combines the speed of […]

$35M OSU-OU venture capital fund ready to launch

By | April 21st, 2015|Ohio|

Three years after its unveiling, the $35 million venture-capital fund being pooled by Ohio State University and Ohio University is taking concrete steps toward launching.

The OSU-OU Innovation Fund has selected a managing partner and expects to announce the pick this month, pending final contract negotiations, said Stephen Golding, Ohio University’s vice president for finance and […]