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Link submited on May 01, 2013 by Lorraine Anne Liu
Author: Molly Greenberg Source: http://inthecapital.streetwise.co/ Interest: Crowdfunding is not just limited to startups, small businesses tirelessly trying to get their feet off the ground. Universities are using the innovative platform as well, striving to tell their story and campaign for their needs, raising money for a project, class, initiative that they believe to be of value. George Mason University is one of the best examples of a college stepping up and trying out alternative, more forward-thinking methods for fundraising their endeavors, currently in the mids Link: http://inthecapital.streetwise.co/2013/04/30/george-mason-launches-indiegogo-campaign-crowdfunding-for-student-social-entrepreneurs/
Tags: General,Universities,CrowdFunding
Link submited on May 01, 2013 by Lorraine Anne Liu
Author: http://www.genengnews.com/ Source: http://www.genengnews.com/ Interest: Harvard University just got a shot in the arm from one of its alumni: the Blavatnik Family Foundation donated $50 million to Harvard to launch an initiative to expedite the development of basic science discoveries into new therapies for patients and cures for disease. The Blavatnik Biomedical Accelerator aims to identify early-stage technologies that show promise, upgrade their value, and prepare them for licensing and commercial development. Link: http://www.genengnews.com/gen-news-highlights/harvard-gets-50m-from-bff-toward-life-science-entrepreneurship/81248296/
Tags: SBIR,Life Sciences,Venture Capital,Universities
Link submited on April 30, 2013 by Pae Evangelista
Author: The Sacramento Bee & ASSOCIATED PRESS Source: www.utsandiego.com Interest: For anyone contemplating raising money through crowd funding, the National Federation of Independent Business has some tips:
Spread the word: Reach out to your network of friends, family, patrons, existing clients and customers. Use social networking, as well as word-of-mouth.
Make it personal: It’s about a personal connection to you and your project. Tell why it’s important or how it will benefit others. Backers want to be part of something that matters. Link: http://www.utsandiego.com/news/2013/apr/30/tp-crowd-funding-poised-to-grow/
Link submited on April 30, 2013 by Pae Evangelista
Author: Elizabeth Smith Kulik Source: www.venturebeat.com Interest: Crowdfunding has once again become a hot topic in the financial world, given the recent one-year anniversary of the JOBS Act on April 5. The JOBS Act legalized equity- and debt-based crowd-funding in the U.S. However the SEC has missed congressionally mandated deadlines to complete the rule-making process to the detriment of capital-seeking entrepreneurs.
Link: http://venturebeat.com/2013/04/29/state-of-crowdfunding-2013/
Link submited on April 30, 2013 by Pae Evangelista
Author: Dina ElBoghdady Source: www.washingtonpost.com Interest: For $100, Micah Lubens bought a share of a vacant, two-story brick building that was promoted as the next up-and-coming hot spot along D.C.’s bustling H Street corridor.
Through food blogs, Lubens learned of plans to transform 1351 H Street NE into a mini-replica of Asian night markets, with food stalls and at least one clothing shop. The developers were offering shares of the property online for $100 a pop. Link: http://www.washingtonpost.com/business/economy/crowdfunding-breaks-into-us-investing-landscape/2013/04/29/2b58fbe8-a829-11e2-a8e2-5b98cb59187f_story.html
Link submited on April 24, 2013 by toni chua
Author: Greg Hinz Source: Crain's Interest: Chicago will establish a second incubator for startup technology firms, this one focusing on biotech and pharmaceutical companies, Mayor Rahm Emanuel is announcing today.
Confirming and expanding on a development first reported by my colleague John Pletz, Mr. Emanuel said 12 companies already have committed to take space in the center, which is based loosely on the highly successful 1871 incubator at the Merchandise Mart that mainly serves digital firms.
Link: http://www.chicagobusiness.com/article/20130423/BLOGS02/130429941/chicagos-second-big-incubator-to-house-biotech-startups
Link submited on April 24, 2013 by toni chua
Author: John Pletz Source: Crain's Interest: The state of Illinois and the University of Illinois plan to announce a new incubator for life-sciences startups on the Illinois Medical District campus.
The incubator — called Health, Technology, Innovation at the Chicago Technology Park — will be 12,000 square feet and include laboratory and office space on the medical district campus, as the area around the University of Illinois Hospital on the West Side is known.
Link: http://www.chicagobusiness.com/article/20130422/BLOGS11/130429980/illinois-u-of-i-launching-life-sciences-startup-incubator-in-chicago
Link submited on April 24, 2013 by toni chua
Author: Beth Potter Source: BizWest Media Interest: A Utah-based company won $100,000 from the U.S. Department of Energy as the first-place winner of the CU Cleantech New Venture Challenge held at the University of Colorado-Boulder for a spray that can decompose plastic.
Students at Brigham Young University in Provo, Utah, have filed a patent on the spray with plans to commercialize its use. The company is called Inviroment. Link: http://www.bcbr.com/article/20130422/NEWS/130429989
Link submited on April 24, 2013 by toni chua
Author: . Source: The Wall Street Journal Interest: A team of MBA students from Georgetown University's McDonough School of Business placed first at the 16th Annual Venture Capital Investment Competition (VCIC 2013) international finals held April 11-13, 2013, at the University of North Carolina-Chapel Hill's Kenan-Flagler Business School.
A team of Georgetown McDonough undergraduates won the National Undergraduate Venture Capital Investment Competition earlier this spring, making this year a clean sweep for Georgetown. Link: http://online.wsj.com/article/PR-CO-20130423-908279.html?mod=googlenews_wsj
Link submited on April 23, 2013 by Pae Evangelista
Author: Charlie Source: Clean Energy Interest: Apparently some in North Carolina are not paying attention to the boom in clean energy businesses and jobs that have sprouted up around the state in recent years.
When Senate Bill 3 passed in 2007 in a nearly-unanimous bipartisan vote, it established a Renewable Energy and Energy Efficiency Portfolio Standard (REPS) requiring the state’s utility companies to provide a portion (12.5% for investor-owned utilities and 10% for municipal utilities and electric coops) Link: http://blog.cleanenergy.org/2013/04/23/repeal-of-the-reps-will-hurt-north-carolina/
Tags: Life Sciences,Clean Energy
Link submited on April 23, 2013 by Pae Evangelista
Author: Christopher Martin Source: www.bloomberg.com Interest: More than half the U.S. states with laws requiring utilities to buy renewable energy are considering ways to pare back those mandates after a plunge in natural gas prices brought on by technology that boosted supply.
Sixteen of the 29 states with renewable portfolio standards are considering legislation that would reduce the need for wind and solar power, according to researchers backed by the U.S. Energy Department. Link: http://www.bloomberg.com/news/2013-04-23/u-s-states-turn-against-renewable-energy-as-gas-plunges.html
Tags: Life Sciences,Clean Energy
Link submited on April 23, 2013 by Pae Evangelista
Author: ALLAN ROTH Source: www.cbsnews.com Interest: (MoneyWatch) You can have it all -- you can save the earth and make money by investing in clean energy. At least that's what I've heard said many times. After all, there is a finite amount of fossil fuels on the planet, and any innovator who can develop the next clean and cheap source of energy is likely to become quite wealthy, as will those who are savvy enough to invest in it. The ultimate win-win, right? Link: http://www.cbsnews.com/8301-505123_162-57577530/is-investing-in-clean-energy-a-good-idea/
Tags: Life Sciences,Clean Energy
Link submited on April 23, 2013 by Pae Evangelista
Author: The Wall Street Journal Source: ACC Clean Energy Challenge Interest: COLLEGE PARK, Md., April 22, 2013 /PRNewswire-USNewswire/ -- Bioadhesive Alliance Inc., a team from North Carolina Agricultural and Technical State University developing a bio-based adhesive for potential use as a substitute to petroleum-based asphalt binder, won the second annual ACC Clean Energy Challenge and the Department of Energy's $100,000 grand prize, competition officials announce today. Link: http://online.wsj.com/article/PR-CO-20130422-909293.html?mod=googlenews_wsj
Tags: Universities,University Startups
Link submited on April 23, 2013 by toni chua
Author: . Source: Business Wire Interest: The University City Science Center has launched the sixth round of its QED Proof-of-Concept program. QED, the first multi-institutional proof-of-concept program for the life sciences and health IT, brings together academic invention, market insight, and commercial guidance as researchers are paired with business advisors to perform technical proof-of-concept validation for life science, healthcare and health IT technologies with high commercial potential. Link: http://www.innovationamerica.us/index.php/innovation-daily/29090-sixth-round-of-qed-proof-of-concept-program-launches-with-new-partner-and-new-revenues-business-wire?utm_source=innovation-daily---your-daily-newsletter-highlighting-global-innovation-news-a
Link submited on April 23, 2013 by toni chua
Author: TELIS DEMOS Source: The Wall Street Journal Interest: Eventbrite Inc., an event ticketing company, has raised $60 million from two investors, making it the latest example of a startup to raise significant private late-stage funding that puts off an initial public offering.
San Francisco-based Eventbrite had sparked expectations of an imminent IPO when it said earlier this month that it hired a chief financial officer, Mark Rubash, who previously worked at Yahoo Inc. and eBay Inc. Link: http://online.wsj.com/article/SB10001424127887323551004578436851078712808.html?mod=googlenews_wsj
Link submited on April 23, 2013 by toni chua
Author: Elizabeth (Lisa) J. Kuuttila Source: ABQ Journal Interest: The America Invents Act which radically revised U.S. patent law became fully effective last month. Among other “unintended consequences” the act has made collaboration more difficult and costly during the early stage investigation and later commercialization of university-based scientific research.
Link: http://www.abqjournal.com/main/2013/04/22/opinion/intellectual-property-rights-are-in-need-of-protection.html
Link submited on April 23, 2013 by toni chua
Author: . Source: The Wall Street Journal Interest: MaRS Innovation, a Centre of Excellence for Commercialization and Research, today announced the formation of a strategic partnership with Pfizer Inc. to advance early-stage technologies related to human health in therapeutics and diagnostics. Link: http://online.wsj.com/article/PR-CO-20130422-906682.html?mod=googlenews_wsj
Link submited on April 23, 2013 by toni chua
Author: McKenzie Womack Source: lsureveille Interest:
Student-made company Frosted, which sells gourmet cupcakes, won the top prize at Friday’s Venture Challenge hosted by the LSU Student Incubator.
The Student Incubator, a program of the Louisiana Business and Technology Center, is a place for students to create their jobs and businesses and hire other students, said LBTC Director Charles D’Agostino. Four students with their own businesses won a combined $25,000.
Link: http://www.lsureveille.com/news/article_4c361ca2-aacb-11e2-a166-0019bb30f31a.html
Link submited on April 18, 2013 by toni chua
Author: . Source: University of Colorado Boulder Interest: Regional student commercialization projects, ranging from a cooling system for data centers to a rooftop system that captures carbon dioxide -- a brewery byproduct -- and converts it to an algae-based nutraceutical, will be recognized at the CU Cleantech New Venture Challenge this week.
Link: http://www.colorado.edu/news/releases/2013/04/17/student-energy-startups-compete-100000-doe-sponsored-cu-cleantech-challenge
Link submited on April 18, 2013 by toni chua
Author: Andy Giegerich Source: Sustainable Business Oregon Interest: Portland State University and Wells Fargo have teamed up on an effort to boost the flow of cleantech ideas.
The school and the bank are enlisting students to participate in the PSU-Wells Fargo Cleantech Challenge, which will provide $50,000 university innovation teams bring their ideas to market. Link: http://www.sustainablebusinessoregon.com/articles/2013/04/psu-wells-fargo-seeking-cleantech.html
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