Welsh government launches £5 million innovation fund

By | February 22nd, 2017|State or Government Supported|

The Innovate to Save fund, which was launched by Welsh finance secretary Mark Drakeford, will allow eligible organisations to apply for both loans and non-repayable funding from the government.

The non-repayable funding will be used to help organsiations develop, prototype and test ways of changing service delivery. Those applying for the fund will […]

Over $2 million in funding announced for biomedical innovations across the State of Michigan

By | February 3rd, 2017|Michigan, State or Government Supported|

From an innovative coating for joint replacements, to a promising drug for the painful inflammatory disease scleroderma, 11 new biomedical ideas that emerged from research across Michigan have just gotten funding that could help them make the leap from lab to patient care.

Over $2 million in funding has just flowed to the teams developing these […]

Australian Victorian Government’s LaunchVic $60m Innovation Fund unveils $5m in new grants

By | January 31st, 2017|Austalia, State or Government Supported|

The Victorian Government has contributed a further $4.9 million in funding to seven local projects aimed at growing the startup and innovation sectors as part of the second round of LaunchVic grants.

LaunchVic, was created by the state government as an independent agency to oversee the allocation of its $60 million innovation fund. It has provided […]

NC Biotech Center awards $1.4M in grants, loans 

By | January 26th, 2017|New Investments/Awards, North Carolina, State or Government Supported|

The North Carolina Biotechnology Center awarded 13 grants and loans totaling $1.4 million to universities and bioscience companies in the second quarter of its 2016-2017 fiscal year ending Dec. 31.

The awards will support life science research, technology commercialization and entrepreneurship throughout North Carolina and help universities and companies attract additional funding from other sources.

Company […]

$20-Million Fund Will Support Innovation at Ontario’s Colleges

By | January 25th, 2017|Canada, New Fund Announcement, State or Government Supported|

The new $20-million Colleges Applied Research and Development Fund (CARDF) announced by Premier Kathleen Wynne will promote new economic growth, the Ontario Centres of Excellence and Colleges Ontario said today.

“College-based applied research projects continue to develop innovations that help businesses throughout the province grow and create new, high-quality jobs,” said Linda Franklin, […]

Wisconsin WEDC grants help grow entrepreneurship programs across state

By | January 25th, 2017|State or Government Supported, Wisconsin|

The Wisconsin Economic Development Corporation is helping 11 organizations develop and expand programs aimed at growing entrepreneurship throughout the state.

WEDC’s new Entrepreneurship Support pilot program is awarding the organizations $500,000 in grants to help fund programs that promote entrepreneurship, entrepreneurial education, mentorship and training, business development and financial services.

“Much of the economic growth the state […]

Invest Georgia plows $3.25 million into Mosley Ventures

By | January 10th, 2017|Georgia, State or Government Supported, Venture Capital|

Atlanta-based Mosley Ventures has received a $3.25 million investment from Invest Georgia, a state-run venture capital fund.

The General Assembly created Invest Georgia back in 2013, an initiative of Lt. Gov. Casey Cagle, to boost investment in Georgia-based growth and early-stage companies

The VC fund was allocated $20 million out of an allowed […]

New Michigan state-backed funds to deploy $4.2 million to early-stage companies

By | January 10th, 2017|Michigan, State or Government Supported|

Detroit-based nonprofit will manage a new statewide fund created to provide needed early-stage capital to startups in Michigan.

Despite the name and initiatives focused primarily on community development in its hometown, Invest Detroit will spread funding from the $4.2 million, two-year First Capital Fund across the state. Invest Detroit intends to meet […]

Irish Research Council awarded €30m to researchers in 2016

By | January 9th, 2017|Ireland, State or Government Supported|

The Irish Research Council’s full-year figures for 2016 detail funding allocated to researchers across the country.

In total, in 2016, the Irish Research Council (IRC) granted €30m in funding to 373 new researchers.

Details released in late December showed that the largest sum of funding – €15.5m – was allocated to the Government of Ireland […]

Norfolk biotech startup to get $150,000 loan from city’s new “Innovation Fund” 

By | January 5th, 2017|State or Government Supported, Virginia|

A startup that’s developing implantable devices to help regenerate injured tissue is the first recipient under Norfolk’s “Innovation Fund.”

Embody LLC, founded in 2014, will get a $150,000 loan from the new venture-capital fund, which aims to help growing technology, science and health care companies.

“We’re looking for ways to make Norfolk a more […]