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 [...]
Today, the Wyss Institute for Biologically Inspired Engineering at Harvard University announces that it is collaborating with multiple industry partners to discover more effective approaches to deliver drugs across the blood-brain barrier (BBB) for the treatment of brain diseases. The main goals of the initiative will be to identify transport target proteins in the BBB [...]
EAST LANSING, Mich., June 2, 2021 /PRNewswire/ -- Conquer Accelerator announces its sixth season and summer 2021 cohort. The 10-week accelerator welcomes six selected teams to its East Lansing program: CrossBraining, Frizzmo, Nickels, Rebound AI, SafetySit, and Tandem. "We're proud of what we've built over the last five years at Conquer Accelerator and we're only getting better," said Thomas Stewart, Conquer Accelerator Program Manager, [...]
IBM and the state of Illinois are partnering with the University of Illinois to invest $200 million over 10 years in a new Discovery Accelerator Institute. The Grainger College of Engineering hopes to launch the new institute this fall, Dean Rashid Bashir said. “We look forward to working with them to develop this new model of [...]
The Desai Accelerator, a University of Michigan accelerator open to early-stage alumni startups, announced the four companies accepted into its 2021 cohort. As part of the accelerator program, the ventures will be provided with funding, tailored mentorship opportunities, national visibility and other resources to achieve successful sustainability. The Desai Accelerator, managed by the Samuel Zell & Robert H. Lurie [...]