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Gap fund news, events, and resources (Sample)

Massachusetts Gov. Baker Announces $4M Grant to Fuel Printed Electronics Cluster

LOWELL, Mass. – Gov. Charlie Baker today announced a $4 million dollar grant from the Massachusetts Technology Collaborative (“MassTech”) to UMass Lowell to support development of a printed and flexible electronics industry cluster, an emerging field that has the potential to become a $76 billion global market in the next decade. The new Printed Electronics Research

 
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Canadian CTI Life Sciences successfully raises new C$ 134 Million venture capital fund

MONTREAL, Jan. 15, 2015 /PRNewswire/ – CTI Life Sciences announced today the first closing of its second venture capital fund (“CTI II”), with C$134 million of capital now available for investment. The new fund includes reaffirmed support from CTI’s existing Québec institutional investors along with new investors Teralys Capital and BDC Capital via the Government of Canada’s Venture Capital Action Plan (VCAP). Montréal-based

 
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IBM Watson Group Awards University of Texas at Austin Top Spot in Intercollegiate Competition

NEW YORK and AUSTIN, Texas, Jan. 15, 2015 /PRNewswire/ — IBM (NYSE:IBM) today announced the first winner of its Watson University Competition, part of the company’s partnership with top universities through its cognitive computingacademic initiative. The winning team of student entrepreneurs from the University of Texas at Austin will receive $100,000 in total in seed funding to help

 
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Enterprise Ireland is now Europe’s biggest VC fund

That was the proclamation of Frank Ryan, the former CEO of Enterprise Ireland, in 2011. While there are some who may question the State taking such a large role in startup investments, it is hard to argue with the results. Enterprise Ireland-backed companies exported over €17bn of goods and services in 2013 and the organisation

 
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University of Albany starts $500K seed fund to help researchers apply for federal funds

The University at Albany is establishing a $500,000 fund to give its researchers seed funding so they can be more competitive in federal funding applications. The fund is part of UAlbany President Robert Jones’ strategy to nearly triple the amount of research expenditures at the public university. Researchers at UAlbany have until the end of

 
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Michigan eLab invests in biotech startup for cancer research

Michigan eLab LLC, a venture capital firm founded in Ann Arbor last year by three veterans of Silicon Valley, has made its first local investment in Akadeum Life Sciences LLC, a startup that hopes to make it easier, cheaper and faster to prepare tissue, water or food samples for testing. Michigan eLab invested $150,000 in the

 
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Wichita State University Ventures announces winners of $100K in innovation funding

WSU Ventures at Wichita State University has awarded seven innovators with more than $100,000 in funding through the Competitive Innovation Accelerator Shock Tank competition. The projects receiving funding expect to add a combined 90-plus jobs to the Kansas economy by 2018. Winners are: ABI Chemicals’ Peelable Maskant System led by James Havers-Strong: $20,000 Advance Guard

 
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€85m VC fund to support Irish life sciences sector

Enterprise Ireland has invested €15m in a new life sciences venture capital fund that has the potential to create 1,000 Irish jobs. Ireland’s largest life science venture capital fund, Fountain Healthcare Partners yesterday announced the initial closing of an €85m fund — the second such fund it has raised. The Department of Jobs, through Enterprise

 
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University of Chicago Innovation Fund Awards $400,000 to 4 Startups

Four startups affiliated with the University of Chicago received part of a $400,000 investment from the UChicago Innovation Fund, a five-year-old initiative managed by the Chicago Innovation Exchange that invests in promising early stage projects run by university students, staff and faculty. Since 2010 the fund has invested more than $2.5 million in more than 30 projects.

 
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Infosys beefs up innovation fund to $500 mn

Infosys will expand its ‘Innovation Fund’ five times to $500 million to provide financing to start-ups and new technologies like artificial intelligence. “I am very excited that our board has approved expanding our start-up funding firm from $100 million to $500 million and we will dedicate a part of that investing in India,” Infosys CEO

 
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