Interest: The California Institute for Quantitative Biosciences (QB3) has signed an agreement with Johnson & Johnson Innovation to allocate 5,000 square feet of the space in QB3's new 24,000-square foot biosciences incubator in San Francisco to launch Janssen Labs @QB3.
Under the collaboration, Johnson & Johnson will have an exclusive agreement to create a Janssen Labs facility within the new incubator at 953 Indiana St., near the UC San Francisco (UCSF) campus at Mission Bay, with an option to expand.
Interest: NIH has reissued its Small Business Innovation Research (SBIR) Omnibus Grant Solicitation announcement, which states that small businesses that are majority-owned by multiple venture capital operating companies are eligible to apply for (1) these SBIR grants and (2) any other NIH SBIR funding opportunities announced after January 28, 2013. The NIH grant solicitation announcement can be found here.
Interest: Protagonist Therapeutics has found another major corporate investor to support its pursuit of new peptide drugs. Johnson & Johnson Development Corporation, a unit of J&J ($JNJ), led the Menlo Park, CA-based biotech group's $14 million Series B financing, and Eli Lilly's ($LLY) Lilly Ventures and Starfish Ventures returned for the latest round of funding after previously investing in Protagonist.
Interest: This afternoon, the White House is honoring 12 entrepreneurs who’ve used crowdfunding to launch tech startups and Main Street businesses, make microloans, and explore ocean floors and outer space.
The recognition of the entrepreneurs calls attention to a conspicuous absence. More than a year after President Obama signed the JOBS Act into law, predicting it would be a “game changer,” the Securities and Exchange Commission has yet to finalize rules that would make it legal for companies to sell
Interest: Bloomberg is launching a new $75 million venture capital fund to support early-stage companies.
The fund will be called Bloomberg Beta and will invest in startups that are “producing insights from data” and “making the experience of work better.” This could involve anything from content discovery to human-computer interaction technology. Bloomberg has already invested in Newsle, Nodejitsu, Codecademy, Errplane, and ProsperWorks.
Interest: MIOX Corporation www.miox.com today announced a strategic investment by TEL Venture Capital, Inc. http://www.tel.com/about/telvc.htm, the corporate investment arm of Japanese semiconductor capital equipment manufacturer Tokyo Electron Ltd. http://www.tel.com/. This marks the first investment by an Asia-based investor in MIOX.
The TEL investment complements grants awarded to MIOX by the National Science Foundation (NSF) http://www.nsf.gov/ targeted toward the pursuit of coupling MIOX's core on-
Interest: Startups pioneering new products for scar reduction and a hand-held imaging system to detect cancer each have secured $1 million loans from a state program that boosts early-stage life sciences companies.
The quasi-public Massachusetts Life Sciences Center chose Boston’s Cytrellis Biosystems and Wellesley-based Lumicell Diagnostics as recipients of the seventh round of its accelerator program from among 29 applicants.
Interest: Indiana Governor Mike Pence joined Indiana-based global life sciences and research university executives last week to unveil the Indiana Biosciences Research Institute, the first industry-led collaborative life sciences research institute in the country.
Interest: BCL Technologies won the National Science Foundation (NSF) SBIR Phase I award. In its Phase I NSF research BCL Technologies will develop a financial data extraction system that uses machine learning and Natural Language Processing methods.
The National Science Foundation (NSF) is a United States government agency that supports fundamental research and education in all the non-medical fields of science and engineering.
Interest: The U.S. Department of Energy has approved a Small Business Innovative Research (SBIR) Phase 1 grant proposal for $149,900 to study the differential data from retrofitting a concentrated solar thermal array to the existing geothermal electrical generation system currently installed at the Oregon Institute of Technology (OIT) in Klamath Falls Oregon.
The PHS 2013-2 Omnibus Solicitation of the NIH, CDC, FDA, and ACF for SBIR/STTR Grant Applications and SF 424 (R&R) Application Guide for SBIR/STTR Grant Applications are now reissued. The reissued solicitation consists of: (1) re-issued parent funding opportunity announcement (FOA) for SBIR, (2) re-issued parent FOA for STTR, and (3) narrative descriptions of the programs and research topics (in PDF - 1 MB and MS Word - 1 MB formats). The remaining due dates for CY 2013 are August 5 an
Interest: As much as we celebrate new technology and treat successful entrepreneurs like rock stars, there is still a tension at many universities between the mission of fundamental research and the quest to commercialize new breakthroughs.
These competing goals have tied universities in knots for decades. Will "pure" science--knowledge for the sake of knowledge--be cheapened by commercial priorities? How can professors even teach properly if they are preoccupied with starting companies and getting rich?
Interest: Policymakers, university and private sector leaders, and entrepreneurs from seven regions around the world are coming together to accelerate their regions' entrepreneurial ecosystems, thanks to the pilot cohort of the MIT Regional Entrepreneurship Acceleration Program (MIT REAP).
Interest: BETHESDA, Md., May 29, 2013 — /PRNewswire-USNewswire/ -- React Labs, an early stage company commercializing a comprehensive mobile technology platform for real-time polling, has been awarded $100,000 in funding from the Maryland Innovation Initiative (MII), company officials announce today.
Interest: Glyncoch is a small village near Pontypridd in south Wales. The economic tides of the mining industry are still receding; deprivation is rife.
Nearby, Sir Richard Attenborough is collaborating with the Welsh Development Agency to build a glitzy film studio (nicknamed Valleywood) to try to help the post-coal economy back on to its feet.
CHARLOTTESVILLE, Va. (AP) - A new website is allowing University of Virginia alumni and others to make targeted, tax-deductible donations to specific research and development projects under way at the university.
The Charlottesville school has partnered with a company called USEED for its efforts. The crowdfunding start-up focused on philanthropic fundraising for higher education.
Interest: The geography of traditional energy sources -- coal, oil, natural gas -- was set long before humans walked the planet. Even the most determined and business hungry community cannot will itself into becoming a natural gas or oil hub.
In contrast, though, smart forward-thinking communities can establish themselves as clean energy hubs and start to attract significant new investment and job creation. In this economic environment, it comes as no surprise that across the country, from coast to coast
Interest: These days, you’re unlikely to encounter a story about equity-based crowdfunding that doesn’t come with some form of the following disclaimer: More than a year after President Obama signed the JOBS Act into law, the Securities and Exchange Commission has yet to formalize rules that would allow small companies to sell shares over crowdfunding platforms.
Interest: When the Menlo Park-based venture firm The Westly Group raised a $160 million cleantech fund earlier this spring, one thing stood out.
Pension funds and university endowments, traditionally among the largest investors in cleantech venture funds, were absent. However, so-called "strategic investors" -- particularly large, multinational corporations based overseas -- were in. Of the 50 investors in the fund, the three largest were corporations: banking giant Citicorp, the German utility E.ON and
The University of Virginia is leveraging crowd-sourced funding to support and highlight ongoing research projects.
“We hear from a lot of stakeholders and a lot of others that they would like to know more [about projects] and understand how to better engage with us,” said Mark Crowell, executive director of UVa Innovation and UVa’s associate vice president for research.