DOD’s $250 million rapid innovation fund

By | March 23rd, 2017|Proof of Concept, State or Government Supported|

The Pentagon will begin taking submissions for its Rapid Innovation Fund (RIF) at the end of the month, according to a March 17 announcement. The fund is used to quickly test and integrate innovative technologies that solve critical national security needs.

Mature prototypes may receive up to $3 million and will have up […]

University System of Maryland Launches $25 Million Maryland Momentum Fund to Back Start-Up Companies Formed from Campus Research

By | March 22nd, 2017|Maryland, State or Government Supported|

To increase new company creation and commercialization of its leading-edge research, the University System of Maryland (USM) is launching a $25 million early-stage investment fund to be known as the Maryland Momentum Fund.

The money-raising process for start-up companies typically is an uneven one. Therefore, the Maryland Momentum Fund will concentrate on filling gaps in the […]

ScaleUP Ventures closer to $75 million fund target after $25 million boost from Ontario government

By | March 22nd, 2017|Canada, State or Government Supported|

Toronto-based ScaleUP Ventures (SUV) announced today a second close of $32.25 million for its ScaleUP Ventures Fund, which now has over $70 million in committed capital. The funding was led by $25 million from the Province of Ontario, via the Ministry of Research, Innovation and Science.

“We need to continue to strengthen Ontario’s innovation ecosystems and […]

Wisconsin Economic Development Corporation awards $700,000 in grants to support local efforts to provide seed funding for startups

By | March 10th, 2017|Community/Small College, New Investments/Awards, State or Government Supported, Wisconsin|

Three economic development organizations have been awarded a total of $700,000 in matching grants from the Wisconsin Economic Development Corporation (WEDC) to be used to provide seed funding for technology-based startups and early-stage companies.

The Milwaukee Development Corporation has received a $500,000 grant under WEDC’s Capital Catalyst Program for the creation of a $1 million […]

University of Michigan, Michigan Tech designated as Innovation Hubs in MEDC’s statewide MTRAC program

By | March 2nd, 2017|Michigan, State or Government Supported|

Accelerating the creation and transfer of new technologies from research settings to practical real-world applications is the main focus of the innovation hubs at the University of Michigan’s College of Engineering and Michigan Technological University. With the Michigan Strategic Fund (MSF) board’s approval today, the U-M advanced transportation Hub and Michigan Tech’s […]

Enterprise Ireland announces €1m in start-up funding for international entrepreneurs and recent graduates 

By | February 27th, 2017|Ireland, State or Government Supported|

Two Competitive Start Fund (CSF) competitions worth a total of €1 million in funding from Enterprise Ireland will open for applications to international entrepreneurs and recent graduates on Wednesday, March 8.

Up to twenty successful applicants will receive high-level business development support and an investment of up to €50,000 each. The […]

Australian government signs university research and innovation/Tech Transfer agreement with Israel

By | February 27th, 2017|Austalia, Israel, State or Government Supported|

The Australian and Israeli governments have signed an agreement on bilateral cooperation in technological innovation, research, and development that will allow Australian companies to take advantage of opportunities in Israel’s biotechnology, IT, and R&D sectors.

 In a statement, recently appointed Minister for Industry, Innovation and Science Arthur Sinodinos said the agreement is “great news” as […]

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 […]