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Singapore National Research Foundation launches S$40 million fund to grow local tech start-ups

By | September 24th, 2015|New Fund Announcement, Singapore, State or Government|

The National Research Foundation (NRF) launched a S$40 million fund for small, high-tech innovative companies in Singapore on Monday (Sep 21).

NRF’s third Early Stage Venture Fund was launched at Techventure 2015, a two-day platform for global technopreneurs and investors at the Marina Bay Sands Expo and Convention Centre.

The fund aims to speed up the growth […]

Innovation Hub launches Innovation Fund for statewide university startup companies | AR Innovation Hub

By | September 24th, 2015|Arkansas, New Fund Announcement, State or Government|

The Arkansas Regional Innovation Hub today announced that it is launching the Innovation Fund to support and accelerate the development of university-based startup companies in Arkansas.

“The creation of the Innovation Fund addresses the most glaring gap in our state’s equity capital spectrum for startup companies,” said Jeff Stinson, Director of the Silver Mine at the […]

Second Malta €100,000 seed fund enables eight new start-up firms to take off – timesofmalta.com

By | September 16th, 2015|Malta, Startup Fund|

The University of Malta and the Ministry for the Economy, Industry and Small Business fund awards give start-ups cash for step change.

The second €100,000 Takeoff Seed Fund Award will benefit eight researchers and entrepreneurs to help them take their innovative ideas to the next stage of commercialisation.

The ceremony, attended by Minister Chris Cardona, University of […]

U Maryland E-Nnovation Initiative fund, Oculus, team on new fund

By | September 16th, 2015|Maryland|

The University of Maryland is working to establish itself as the premier virtual reality research center in the nation, and on Thursday it received a huge public sector vote of confidence.

The Department of Computer Science at UMd will have all of the private donations it receives of at least $500,000 for endowed professorships doubled by […]

Yale, UConn Get $10 Million To Spur Biotech Ventures – Hartford Courant

By | September 16th, 2015|Connecticut|

Yale and UConn are collaborating to launch a new initiative to spur the creation of biotechnology companies in Connecticut.

With a $10 million grant from Connecticut’s Bioscience Innovation Fund, the new effort will be called Program in Innovative Therapeutics for Connecticut’s Health or “PITCH” and will be created by the Yale Center for Molecular Discovery at […]

The United States needs a research investment fund to compete with China

By | September 10th, 2015|State or Government, Translational Research, United States|

America may no longer be able to boast, “We’re No. 1!” In their 2011 bestseller “That Used To Be Us,” Thomas Friedman and Michael Mandelbaum compellingly suggested the mantra no longer applies. And about a year ago, the International Monetary Fund (IMF) made it official: China has overtaken us as the world’s largest economy.

China is […]

Indiana University to fund $300M in research

By | September 10th, 2015|Indiana, New Investments/Awards, Translational Research|

Indiana University will invest at least $300 million during the next five years in a new research program designed to develop transformative solutions to world problems.

Titled the Grand Challenges research program, it will fund up to five large-scale research projects that will be selected through a competitive review process, the university announced Wednesday.
Applications are being […]

Five local OH startup companies raised $275,000 from Innovation Fund at Lorain County Community College

By | September 10th, 2015|*Fund Types, New Investments/Awards, Ohio|

Five local startup companies have raised $275,000 from the Innovation Fund at Lorain County Community College.

Two companies received $100,000 non-recourse loans, which only need to be paid back if the companies are successful. The other three received $25,000 grants, according to a news release from the Fund.

The loans went to Apollo Medical Devices of Cleveland, […]

UK’s Institution of Mechanical Engineers launches £2 million fund to help bridge ‘valley of death’ between research and bringing products to market

By | September 10th, 2015|New Fund Announcement, UK/England|

The Institution of Mechanical Engineers is launching a new fund, Stephenson LP, aimed at helping companies overcome the investment hurdle between Research and Development and bringing a product to market.

The fund, initially worth a total of £2 million, is in line with the Institution of Mechanical Engineers’ original statement of purpose set out by founder […]

IDEA, Northeastern University’s Venture Accelerator, Announces Award Recepients

By | September 10th, 2015|*Fund Types, New Investments/Awards, Student Funds|

This past August, IDEA ventures pitched their business plans to IDEA’s Advisory Board with the goal being to receive Gap Funding of up to $10,000. This opportunity is available to ventures on a bi-monthly basis and each business plan is reviewed by IDEA’s student Investment Committee before being selected to pitch. IDEA’s Gap Fund is […]