Rutgers University Launches TechAdvance Funding Program to Advance Inventions Toward Commercialization 

By | June 20th, 2017|New Fund Announcement, New Jersey|

TechAdvance, a new early-stage technology development fund created to bring innovative technologies invented by Rutgers researchers closer to commercialization, was launched through the university’s Office of Research and Economic Development (ORED).

Offering grants of up to $100,000 for Rutgers faculty and students to help advance promising technologies toward commercialization, the TechAdvance program was created by ORED’s […]

NJ State and Digital Jersey in new start-up fund talks 

By | June 19th, 2017|New Jersey|

DISCUSSIONS about what to replace the Jersey Innovation Fund with in order to help start-up businesses have been held between the States and Digital Jersey.

The Jersey Innovation Fund was frozen earlier this year after a damning report by Comptroller and Auditor General Karen McConnell found that serious failures had been made in […]

NJBIZ Exclusive: Hackensack Meridian entering innovation and incubator space with $25M fund

By | March 22nd, 2017|Hospitals, New Fund Announcement, New Jersey|

The board of Hackensack Meridian Health has approved a $25 million capital fund so the state’s second-largest health system can dive into the world of innovation and incubators, NJBIZ has learned.

Hackensack Meridian officials said the effort is viewed as a new revenue stream as well as a way to elevate the organization onto […]

Psst, Rowan has a $5M venture fund 

By | December 8th, 2016|*Fund Types, Foundation-support, New Jersey, Venture Fund|

The venture fund is an outgrowth of the late Rowan’s transformative gift of $100 million in 1992 to what then was Glassboro State College.

The money has remade Rowan (renamed for its benefactor) which operates two medical schools, and has attracted high-caliber faculty to its engineering program.

Bridging off of its good fortune, Rowan president Ali Houshmand […]

Newark Is Tapped for Tech Venture Fund, Accelerator

By | July 30th, 2015|Accelerator/incubator, New Jersey|

An early-stage venture fund, targeted at $50 million, and a new accelerator are coming to Newark to create a substantial technology industry.

Newark Venture Partners and its sister entity, Newark Venture Accelerator, expect to start accepting startups in October; the fund’s founder is Don Katz, who also is founder and chief executive of Audible.com, an Amazon.com […]

Chaac Ventures, Princeton University-focused Seed Fund, Announces Debut Investment in Locent

By | June 15th, 2015|New Jersey|

Chaac Ventures, a seed venture capital (VC) fund focused on Princeton University’s top alumni tech founders, agreed to make it’s first investment, into Locent, a Los Angeles-based SaaS (Software as a Service) company that has developed technology that will allow merchants to expand their capabilities to sell products and services over SMS (text) technology.

“We are […]

NJHF commits additional $1 million to fund research and innovation grants in N.J.

By | April 6th, 2015|New Jersey|

The New Jersey Health Foundation, a New Brunswick-based nonprofit that funds health research and innovation, on Monday announced a new $1 million funding round, $500,000 of which will fund a new collaboration with Newark-based Nicholson Foundation to help researchers commercialize their ideas.

Jim M. Golubieski, foundation president,  said the new Innovation Grants program will provide grants […]

Rowan University Foundation creates new venture fund, commits $5 million

By | March 17th, 2014|New Fund Announcement, New Jersey|

The Rowan University Foundation, the philanthropic and fundraising arm of Rowan University, committed to allocate $5 million to a new venture capital fund to fuel new research initiatives by faculty, students and alumni.

[…]

Princeton’s Intellectual Property Accelerator Fund Puts $400K Into Four POC Projects

By | January 20th, 2014|New Jersey|

Enhanced cybersecurity, non-scarring tattoo removal, 3-D photography and a laser-scanning device are projects selected for Princeton University’s Intellectual Property Accelerator Fund, which supports discoveries that have significant potential for further development into products or services. The roughly $100,000 each researcher receives enables the prototyping and testing that technologies need to attract interest from startups or from established companies looking for innovative products. […]

Rutgers University, UMDNJ Start-up, NovoPedics, Secures $500K For Implantable Device

By | April 22nd, 2013|New Investments/Awards, New Jersey, Venture Capital|

Newly formed NovoPedics, Inc., has received a commitment of up to $500,000 from Foundation Venture Capital Group (FVCG) to advance its development of an implantable meniscus replacement/regeneration medical device. […]