Interest: Kent State University's College of Public Health said it received a Small Business Innovation Grant from the National Science Foundation while partnering with Sterionics Inc. of Cleveland for work on advancing and commercializing a wound therapy biotechnology product.
The grant totaled $150,000. Sterionics received $100,000, and $50,000 went to Kent State.
Interest: The University of Chicago celebrated the opening of its new Arts Incubator Friday morning in Washington Park, giving new life to a neglected building and new hope that Washington Park will help fulfill the potential of young people interested in art.
Interest: Our start-up to watch this week is University of Limerick spin-out ALR Innovations, a developer of recycling equipment for liquid crystal displays (LCDs) in worldwide markets.
Dr Lisa O’Donoghue, CEO of ALR Innovations, founded the company in 2011 as a result of a research project she ran in the design and manufacturing technology department at the University of Limerick.
Interest: New York venture capitalists say they plan to invest this year in a mix of online industries -- good news for technology entrepreneurs who hope their product or service is the next big thing.
At Tuesday's "State of the Union" Venture Capital Lunch Club, an annual panel discussion at law firm Chadbourne & Parke LLP in New York, investors said they hadn't been put off by 2012's lukewarm initial public offerings (including Facebook's), and see plenty of new ventures that are ripe for investment.
Interest: The Department of Health and Human Services SBIR/STTR grant solicitation aimed at supporting small business innovation research is now available.
Through the PHS 2013-02 SBIR/STTR Omnibus Solicitation, U.S. small businesses are encouraged to submit investigator-initiated SBIR/STTR grant applications in response to a variety of identified topics related to the National Institutes of Health, the Centers for Disease Control and Prevention, the Food and Drug Administration and the Administration fo
Interest: It isn’t the big research labs or governments who are creating these breakthroughs, it’s our entrepreneurs. And immigrants are leading the charge. During the recent technology boom, 52% of Silicon Valley’s startups were founded by people born abroad. Look at any of our research labs: Immigrants perform much of the cutting-edge research.
Interest: The University of Texas System Board of Regents approved an additional $12.5 million for the UT Horizon Fund – a reserve used to invest in ideas and scientific breakthroughs developed at UT institutions.
Originally approved in 2011 as part of UT System Chancellor Francisco G. Cigarroa's action plan for advancing excellence across UT System institutions, this strategic venture fund keeps both the financial investment and returns in Texas and encourages greater commitment by UT institutions to he
Interest: The Michigan Pre-See Capital Fund — a state equity investment fund that backs technology-based startups — recently put a total of $1 million into four companies across the state.
Fusion Coolant Systems, Local Orbit, New Eagle Products and Seelio all were awarded money from the fund.
Interest: A good place to start looking is the Small Business Innovation Research (SBIR) program, which is a lifeline for high-tech startups. A more general approach is to check out Grants.gov, which is a searchable directory of more than 1,000 federal grant programs. An advanced search tool is provided to search for a grant by eligibility, by issuing agency, or category.
Interest: Comparing tech startups and the government is strange, I know. Nevertheless, having just finished a short course on economic development, I’m quite sure there are some parallels in the thinking of professors and civil servants in charge of the economy, and the thinking of the likes of Eric Ries of Lean Startup fame.
Interest: The National Academy of Inventors will hold its 2nd annual conference in Tampa at the Embassy Suites Hotel in the University of South Florida Research Park, Feb. 21-22, 2013. The conference is open to members and non-members. The conference will feature presentations and panels by over 20 distinguished scientists and academic leaders on innovation, with keynotes by two well-known speakers: Robert Langer of the Massachusetts Institute of Technology and National Inventors Hall of Fame inductee, a
Interest: The city of Cadillac, in partnership with the University of Michigan, has secured a U.S. Department of Agriculture Rural Development grant to conduct an investigative study of the greater Cadillac area to identify the potential need for the development of a business incubator facility for purposes of assisting people in the start-up of new companies and other businesses.
Interest: Congress created equity crowdfunding, but the Securities and Exchange Commission holds the infant industry's life in its hands.
The Jumpstart Our Business Startups Act, passed almost a year ago, will let privately held companies sell up to $1 million a year in unregistered stock to mom-and-pop investors using the Internet and social media. But they can't start until the SEC completes the regulations.
Interest: The Center for Sports Skill Measurement & Improvement, LLC (Center for Sports), a tenant of the SUNY Fredonia Technology Incubator, was recently named by the National Center for Entrepreneurial Tech Transfer (NCET2) as a Top 100 University Startup. As a result of the honor, CEO Kevin Morse has been invited to attend NCET2's national conference, sponsored by the National Association of Venture Capital and held in Washington, D.C., in March. Final scoring of all the nominated companies will be ava
Interest: The U.S. Securities and Exchange Commission should urge the creation of a new stock exchange limited to small companies that have trouble raising capital in public markets, an agency panel recommended today.
The SEC Advisory Group on Small and Emerging Companies made the recommendation as its co-chairman suggested that a 2012 law intended to increase the number of initial public offerings might fail to have a big impact. The so-called Jumpstart Our Business Startups Act designed to induce more I
Interest: People faced with soaring healthcare costs have looked for help before. Now they've found another possible solution online.
Thousands are sharing their stories on websites in what is known as crowdfunding. It's the latest online evolution connecting individuals who are in need, with people who want to do good.
Interest: A New Jersey foundation that funds research coming out of the state’s medical school has agreed to replenish its investment arm with $5 million to pump into biotechnology startups at the pre-seed stage — one of the most difficult stages for companies to get funding.
The New Jersey Health Foundation’sFoundation Venture Capital Group in New Brunswick, New Jersey invests up to $500,000 in pre-seed stage companies spinning out of the University of Medicine and Dentistry of New Jersey. It is poised
Interest: As the nation's economy continues its sluggish recovery, community colleges have emerged as important engines for entrepreneurial activity and job creation. An innovative new program, created and proven in a community college in northeastern Ohio, is hitting the road to help schools and the communities they serve to launch and grow technology-based startups.
Interest: With Georgia’s promising technology center still hamstrung by a lack of cash, Lt. Gov. Casey Cagle is pushing legislation to combine state money and private dollars into a new venture capital fund. It could be a game-changer for the kind of jobs the state covets, but it also comes with high risk.
Interest: The United States has adopted a financial culture where banks are too big to fail and individuals are too small to succeed.
The financial crisis and the consolidation of banking titans made it increasingly difficult for small business owners and hopeful entrepreneurs to obtain the crucial capital for enterprise.
Small businesses need a new line of credit, and the solution is crowdfunding.
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