Amazon is contributing $200,000 to the Accelerate Blue Fund, a University of Michigan philanthropic venture fund—representing the first corporate gift received by the fund that aims to help develop and commercialize promising U-M technologies. The donation brings Accelerate Blue nearly to the halfway point of its initial goal of $2 million. By the end of the [...]
MSU Foundation currently hosts and manages Conquer Accelerator, a program dedicated to supporting up-and-coming entrepreneurs. Beginning in 2016, this project is a collaborative effort among MSU Foundation and its subsidiaries Spartan Innovations, Red Cedar Ventures and University Corporate Research Park. The program amplifies selected startups by providing $20,000 in funding, access to over 40 mentors, access to follow-up funding and other essential resources. Since 2015, [...]
The Michigan Translational Research and Commercialization (MTRAC) Advanced Applied Materials Innovation Hub at Michigan Technological University recently awarded a combined $165,000 in funding to three projects from researchers across the state. These projects — led by researchers at Michigan Tech and Michigan State University — strive to address crucial global issues such as metal 3D printing of [...]
EAST LANSING—The Michigan State University Foundation’s Conquer Accelerator announced the launch of its fifth season and summer 2020 cohort. The 10-week accelerator welcomes five selected teams to its East Lansing program: ARUtility, Lucypop, MenuBubble, PhenoLogic, and StarForged Studios. “It’s hard to believe that we’re already moving into our fifth year for Conquer Accelerator, but when [...]
Seven entrepreneurial ventures took home a share of more than $50,000 in prize money after participating in Montana State University’s inaugural $50K Venture Competition, which was held virtually last week in front of more than 150 people who watched online. The event featured seven finalists in the traditional venture category as well as seven finalists in the [...]
Intraoperative hemorrhage — colloquially known as “bleeding out” — is a leading cause of death in operating rooms around the world. It is estimated that at least 75% of this surgical complication is due to human or technical factors in anesthesia, blood transfusions or the surgical procedure itself. Other causes may include structural anomalies, drug-related [...]
ANN ARBOR – The University of Michigan and health care investment firm Deerfield Management Co. announced Wednesday a new partnership with the aim of developing life-saving drugs and disease treatments. Deerfield has committed up to $130 million over the next decade in biomedical research at U-M. The collaboration includes the launch of Great Lakes Discoveries LLC, [...]
The state of Michigan has approved $950,000 in funding for commercialization of technologies developed at the public university level. In a series of the votes Tuesday, the board of the Michigan Strategic Fund approved the funds for the Michigan Translational Research and Commercialization, or MTRAC, state program grant. The funds will go to programs at Michigan State [...]
Western Michigan University (WMU) has announced that five research projects related to the COVID-19 pandemic will receive grant awards. WMU's Office of Research and Innovation says the grants total $31,620 and are funded the Meader Presidential Endowment, which is a fund specifically "designated for promoting excellence at WMU." "Our guiding principle was to advance excellence in the pursuit of knowledge [...]
The Michigan Economic Development Corporation has created a $3 million Tech Startup Stabilization Fund to invest in early-stage tech startups in Michigan that are being impacted by the COVID-19 outbreak. Administered by ID Ventures , the Tech Startup Stabilization Fund will provide early-stage tech companies direct investments or loans that can be converted into equity. Investment and loan sizes [...]