The New Orleans BioInnovation Center, an incubator aimed at jump-starting the city's biotech sector, has won a grant from the federal Economic Development Administration aimed at kickstarting its stalled efforts to turn promising startups into fully-fledged growth companies. The center, often referred to as NOBIC, was one of 29 organizations nationwide to win a "2020 [...]
The LSU Board of Supervisors has selected 18 new ideas to support through its Leverage Innovation for Technology Transfer, or LIFT2, grants. The board funded a total of $999,981.14 in the last fiscal year to provide a bridge over the critical gap between basic research and commercialization for university faculty. “These modest seed funds from [...]
Chosen Diagnostics announced it has received a $224,758 grant from the National Science Foundation for development and commercialization of its biomarker for noninvasive detection of necrotizing enterocolitis, a disease primarily seen in preterm infants. The test, invented by Sunyoung Kim, Ph.D., CEO of Chosen Diagnostics and professor of biochemistry and molecular biology at LSU Health [...]
Resilia, a tech company that services nonprofit organizations and the organizations that want to donate to them, has announced an $8 million Series A funding round. It’s that highest venture capital raise by a female-founded tech company in Louisiana, according to GNO, Inc. It’s also one of the largest Series A funding rounds made by [...]
Tulane University and LSU Health New Orleans have selected the New Orleans BioInnovation Center (NOBIC) as the statewide implementation partner for a newly launched initiative to augment business development efforts and accelerate the commercialization of life science research from university labs to biotechnology startups in the region and to existing companies around the world. NOBIC will work [...]
Tulane University has started a new program that brings investors, entrepreneurs and executives in to coach students on how to create successful businesses. The Albert Lepage Center for Entrepreneurship and Innovation’s 12 Innovators-in-Residence program teams 12 successful mentors with student startups to give them feedback on their ventures. They include Timothy Bovard of Search Fund [...]
South Louisiana welcomes ten companies from across the United States to participate in a healthcare-focused business acceleration program, Accelerate South. For the next four months, a host of healthcare partners, investors and subject matter experts will assist the selected companies to identify challenges and opportunities while strategically helping to move their business forward. Acadian Companies, [...]
The LSU Board of Supervisors has awarded $521,202 in innovation and technology transfer grant funding for 12 university research projects, ranging from new treatments for breast cancer to development of biodegradable Mardi Gras beads. This was the eighth round of funding from the Leverage Innovation for Technology Transfer, or LIFT2, grants. Since 2014, the university [...]
The LSU Research and Technology Foundation touted the success of its LIFT grant program today before the LSU Board of Supervisors, and won approval for an additional $200,000 to cover fees associated with the “significant increase” in patents filed with the university. The board created the LIFT—Leveraging Innovation for Technology Transfer—program in 2014 to award [...]
Tulane University announced plans Monday to fund research at the Tulane School of Medicine, using a $25 million gift from the family of well-known internal medicine physician John W. Deming, a 1944 graduate of the school.The donation, which will name the John W. Deming Department of Medicine at Tulane University, is the largest in the [...]