Two sons of immigrants who will graduate from Auburn University in December are on their way to striking it big with a software application that helps independent convenience store operators track and manage data and sales, and maximize profits. SwiftSku is one of multiple innovative startups that have emerged from the New Venture Accelerator, a business incubator that [...]
Northwestern University announced today it will create a multimillion-dollar technology accelerator in downtown Evanston to support startup companies led by Northwestern faculty in health, life sciences and related fields, amplifying scientific discovery and innovation by supplying the laboratory space, networking opportunities and management training necessary to address the world’s biggest problems. The collaborative space will [...]
Entrepreneurs whose startups commercialize Purdue technology in any agricultural field are now eligible to apply for a Purdue fund's semiannual competition. The $2 million Ag-Celerator Fund was created in 2015 by the College of Agriculture and the Purdue Research Foundation. It originally supported the commercialization of technologies to benefit only the plant sciences sector. The fund is [...]
BLOOMINGTON - Student innovators at Indiana University are getting a boost through a new investment fund from a startup incubator at IU Bloomington. The Shoebox Fund is designed to help student entrepreneurs build, launch and sustain their ideas. It is part of the Shoemaker Innovation Center at the IU Luddy School of Informatics, Computing and Engineering. [...]
University City Science Center, an organization central to the region’s burgeoning life sciences sector, announced Wednesday the creation of its fourth “strategic pillar” — a venture capital arm that will deploy funds to startups addressing health inequities for underserved populations. This addition of a capital arm adds to the nonprofit’s existing work, which it describes [...]
Six businesses focused on financial technology are part of Conquer Accelerator's sixth cohort that runs through Aug. 6. The businesses will receive $20,000 and mentorship over the course of 10 weeks. The selected companies are CrossBraining, Frizzmo, Nickels, Rebound AI, Safety Sit and Tandem. "The goal is to help a company go from product solution fit to product market fit," said Tom Stewart, Conquer Accelerator [...]
The Iowa State University Startup Factory announced this month its tenth cohort of entrepreneurs entering the Iowa State-based program. The following are the names of the nine participating startups in the tenth cohort. FRUGI BIOTECHNOLOGY Founded by Jared Dopp, Frugi Biotechnology is a paper-based diagnostic that uses synthetic biology to detect pathogens. MACROLEI TECHNOLOGIES Founded by Nacu [...]
Here are some lessons learned that, despite the COVID-19 pandemic, contributed to their success in building an accelerator that is as effective in scaling startups as it is equitable and inclusive. 1. Anonymous review infuses equity in the selection process. As part of the selection process, applicants submitted a two-page document about their venture, and [...]
University Hospitals Ventures – the innovation and commercialization arm of University Hospitals Health System -- was recognized June 15th with the Health Corporate Innovation Award from Plug and Play at its Summer Summit 2021. Plug and Play makes this distinct recognition to corporations that have demonstrated a commitment to expanding their innovation culture by developing [...]
“There’s a lot of great technology out there,” says Miles Kirby.”But there is still a valley of death in terms of how you build a business around it.” These days, we don’t hear quite so much about U.K. tech businesses perishing in the so-called valley of death, a funding desert that lies somewhere between very [...]