Interest: TTVs are a way to provide science/innovation expertise to businesses who don’t have an in-house R&D capability.But, just as the SMEs that the TTVs are aimed at, are learning about the scheme, so is the Ministry itself. That’s part of the reason it has dropped the threshold for the 1:1 co-funding to $30,000 from $100,000.
Interest: Venture capital and angel investments are starting to pick up after a lull in the last few years, because of a strengthening economy and the ability to fund a company with a lot less capital than was needed historically.
Interest: Globally, the imbalance was becoming more extreme. Mr Oliver said that in the US, 83pc of private and public funding went to the top 20pc of US companies, but the bottom 20pc of companies raised only 0.4pc of funds.
Interest: Making the right investments means a new philosophy about what the state's role is in the economy. It is not about just creating the right conditions for innovation, but also having the courage to make direct investments that are subject to high failure rates, which the private sector notoriously shies away from.
Interest: The University TechWatch 2011 Startup Report and Directory is whittled down from about 2,000 from 100 U.S. universities, with the final product including only a few cases in which the CEO is still a professor. Regardless, all the companies listed are active and making some progress in their market, Eldering said. Most haven’t received an institutional round of funding.
Interest: The event was a rare forum that allowed minority entrepreneurs to witness personal narratives of other successful minority entrepreneurs and obtain fundamental advice from both policy makers and investment entities.
Interest: The Pittsburgh Life Sciences Greenhouse (PLSG), the organization providing capital investments and customized company formation and business growth programs to the region's life sciences enterprises, announced through its President and CEO, John W. Manzetti, the creation of the Bioengineering Innovation and Commercialization Program (BICP) that PLSG will lead in partnership with the Biomedical Engineering Society of the University of Pittsburgh.
Interest: In May 2009, federal Chief Information Officer Vivek Kundra told an auditorium full of venture capitalists that the White House would make it a goal to buy innovative technology from atypical contractors like startups and Silicon Valley Web outfits. Two years later, that kind of outreach is on the rise, but hasn't translated into easier contract wins for the newbies, industry members and observers say.
Interest: Success in a startup is not possible as a “one-man show.” An entrepreneur has to engage with team members, partners, investors, vendors, and customers. In my experience, the joy of positive engagement is sometimes the only pay you get in an early startup. Amazingly, many successful startups are built on this basis alone, with almost no money.
Interest: The agency is considering whether to let fast-growing companies use social networks such as Facebook and Twitter to raise funding by tapping thousands of investors for small amounts of money, the Wall Street Journal reported.
Interest: InfoReady said it would use the funding to expand its capacity in sales and product development. The company's top product, previously called InfoReady4Grants and recently renamed In4Grants, is being used by 25 clients, including Eastern Michigan University and Ann Arbor SPARK.
Interest: Ben Rye believes Michigan’s highest concentration of brainpower is in Ann Arbor. He also sees the potential that lies in working with students at the University of Michigan to fund their business ideas.
Interest: AquaMost LLC, a water-technology start-up that sprang from the University of Wisconsin-Madison, said Thursday it raised a total of $1 million from early-stage venture investors including investment groups based in Milwaukee and Madison.
Interest: he microscopic domain of certain highly useful microbes is well known by Jack Adams, a metallurgical engineering research professor at the University of Utah and president of start-up company Inotec. Along with company co-founder Mike Peoples, a doctoral student in environmental engineering, he has refined a method for cleaning contaminated mining wastewater that uses microbes and a steady stream of electrons.
Interest: The Carnegie Foundation for the Advancement of Teaching has elevated Louisiana Tech University to its “Research University – high research activity” (RU/H) category, placing it among an exclusive group of approximately 100 research universities in the United States to earn this classification.