Virginia Tech’s growing impact in the greater Washington, D.C., metro area will receive a significant boost thanks to a multimillion-dollar gift from Octo founder and CEO Mehul Sanghani and his wife, Hema Sanghani. The couple’s $10 million gift primarily supports the newly renamed Sanghani Center for Artificial Intelligence and Data Analytics, which will be headquartered [...]
Purdue University inventors who are prepared to move their innovations to market have until Feb. 19 to apply for funding through the Trask Innovation Fund. The fund is designed to advance the commercial potential of Purdue intellectual property through short-term research projects. Submitted proposals will be reviewed by the Purdue Research Foundation Office of Technology Commercialization based on criteria including [...]
Toward the end of the year, donor advised funds (DAFs) become a popular vehicle for year-end tax breaks and philanthropic aims. But Casey van der Stricht, principal of Solve Innovation Future, a donor-advised venture fund, hopes DAFs will become something more: a forum for disruptive philanthropy as a source of impact capital. A donor advised [...]
The University of Missouri’s Coulter Biomedical Accelerator Program received three grants worth over $200,000 to help promising medical discoveries make the transition from laboratory research to commercial investment and use in direct patient care. “The University of Missouri is home to leading experts in all fields of engineering, medicine and business,” said Mark McIntosh, PhD, MU vice [...]
The Pew Charitable Trusts announced today the six pairs of researchers who will make up its 2020 class of Innovation Fund investigators. These investigators—alumni of Pew's biomedical programs in the United States and Latin America—will partner on interdisciplinary research to tackle some of the most complex questions in human biology and disease. The teams will combine their expertise, ranging [...]
New York’s Southern Tier is getting a jolt of clean-energy innovation, fueled by Cornell alumni. The fifth annual 76West Clean Energy Competition, held virtually Aug. 18-19, featured three Cornellian-led teams. The pitch competition, supported by Empire State Development and the New York State Energy Research and Development Authority (NYSERDA), aims to generate economic development in the [...]
The University of Georgia is putting big money up front for innovation in a higher education setting. On Tuesday, the school announced the UGA Foundation’s investment committee voted during a meeting in June to approve a commitment of up to $10 million for funding innovation. The funding will allow the Foundation to partner with the [...]
A $194.7 million grant from the Walton Family Charitable Support Foundation will establish the University of Arkansas Institute for Integrative and Innovative Research (I3R), transforming the research, innovation and economic development culture of the university. The grant is one of the largest single private gifts ever given to a university for advancing research and economic [...]
EAST LANSING, Mich. –– The Michigan State University Foundation announced today that it has been named administrator of the Michigan Pre-Seed Fund III by the Michigan Economic Development Corporation (MEDC). The $3 million award, approved by the Michigan Strategic Fund, fits the non-profit mission of the MSU Foundation and will help further drive economic development by deploying this early [...]
Cures Start Here. The key word in the tagline of Fred Hutchinson Cancer Research Center is Start. It’s also typically the hardest part of scientific research, especially when it comes to funding. The financial path from a researcher’s bold idea to reporting final results — and then to reaching patients — is rarely straight or simple. [...]