This fall, 10 researchers will get an infusion of startup funding to collect pilot data they'll weave into proposals for external grants with much larger bottom lines. The seed grant program, called the Engineering Faculty Organization-Opportunity Grants, is one of several run by the Institute for Critical Technology and Applied Science (ICTAS). One of the ways the [...]
The Michigan Economic Development Corp. (MEDC) in Lansing announced the Michigan Strategic Fund (MSF) has approved a grant amendment for $6.5 million for the Michigan State University Foundation to support high-tech startup companies and innovative technologies in Michigan at the university level through the Pre-Seed III fund. The Pre-Seed Fund was created to provide early-stage [...]
The McGill Dobson Centre for Entrepreneurship has reached a remarkable milestone: The startups it has supported have now raised more than $1 billion in seed funding (source: Crunchbase). “To sustain a steep growth curve, startups often need to burn capital before achieving profitability. This new milestone demonstrates the strong momentum that our startups are experiencing,” says [...]
TEDCO, Maryland’s economic engine for technology companies, announced today its Seed Fund invested $200K in TargetDocs, a Maryland-based technology startup. TEDCO’s Seed investment is part of an $850K funding round, which includes University System of Maryland Momentum Fund (Momentum Fund), the Hustle Fund, New Age Capital, Debut Capital, Dingman Center Angels, and Gaingels. TargetDocs, based in Montgomery County and led [...]
The Accelerate Blue Fund, a University of Michigan early-stage venture fund raised through philanthropy, has reached its first fundraising milestone and made its first investment in a U-M tech startup. The recipient of the fund’s first investment is Movellus Inc., which provides technology to boost semiconductor chip design for cloud computing, artificial intelligence and other [...]
The City University of Hong Kong has launched a large-scale flagship innovation and entrepreneurship program - HK Tech 300 - for aspiring entrepreneurs among its students and staffers, aiming to create 300 start-ups in three years. The program will offer professional training and a seed fund for different project teams to develop innovative ideas into start-ups, validating [...]
In its ongoing efforts to rise to Top 5, the University of Florida has established its own venture fund to benefit startups founded on university research. Starting this fiscal year, the university will provide $1 million a year to fund startups founded on UF technology. Jim O’Connell, assistant vice president for commercialization at UF and [...]
Berkeley SkyDeck Fund, the official investment partner for top global startup accelerator UC Berkeley SkyDeck, is proud to announce a major milestone today. The $23.5 million fund has completed more than 100 investments in just three years, making it one of the world's most active seed funds. The SkyDeck Fund is backed by Sequoia Capital, Sierra [...]
A new funding option is helping provide support for Purdue-affiliated startups looking to gain traction and improve the world through innovative technologies. The Purdue Startup Fund was started in 2020 by Purdue Ventures, an arm of the Purdue Foundry. The Foundry is an entrepreneurship and commercialization hub whose professionals help Purdue innovators create and grow startups. “This [...]
In 2010, Clarisse Iribagiza was studying computer engineering at the University of Rwanda’s College of Science and Technology. She was intrigued to hear about a program on the fundamentals of technological entrepreneurship offered by the MIT Global Startup Labs (GSL) at her college. “I had never heard of startups, but I wanted to understand what [...]