Research Commercialization Academy (BETA 0.01)

Author: April M. Clobes

Source: http://www.cuinsight.com

Interest: MSUFCU’s startUP Challenge is an opportunity for entrepreneurs to start their businesses in the tri-county area: Ingham, Clinton, and Eaton County. The winner of the MSUFCU startUP challenge will be awarded up to $25,000 to jump-start his/her business.

Link: http://www.cuinsight.com/456/media/news/msufcu_to_award_25000_for_startup_challenge_create.html

Author: Goldie Blumenstyk

Source: Chronicle of Higher Education

Interest: Universities and their inventors earned more than $1.4 billion from commercializing their academic in the 2011 fiscal year, collecting royalties from new breeds of wheat, from a a new drug for the treatment of HIV, and from longstanding arrangements over enduring products like Gatorade.

Link: http://www.vagazette.com/news/newsletter/va-universities-earned-14-billion-on-inventions-in-2011-20120828,0,3849606.story

Author: Bethany Venable

Source: http://woub.org

Interest: A business development project housed at Ohio University is getting a $200,000 boost in state funding.

Link: http://woub.org/2012/08/21/ou-business-development-program-gets-200k

Author: Sarah Schmid

Source: http://www.xconomy.com

Interest: A group of University of Michigan alumni have formed the Michigan eLab, a new venture capital fund that aims to connect tech startups from the university community with Silicon Valley cash and resources.

Link: http://www.xconomy.com/detroit/2012/08/20/michigan-elab-connects-silicon-valley-vc-to-u-m-entrepreneurs/

Author: http://www.justmeans.com

Source: http://www.justmeans.com

Interest: From its humble beginnings in a garage in Palo Alto to becoming the world's largest technology company, HP has proven that collaboration drives innovation—and that means success

Link: http://www.justmeans.com/Funding-Innovation-HP-Commits-4-Million-in-Latest-Round-of-International-Collaborative-Research-Awards/55606.html

Author: Steve Vockrodt

Source: Kansas City Business Journal

Interest: The University of Missouri-Kansas City has set a fundraising record, having raised $65.5 million during the 2011-12 fiscal year. The university received contributions from 19,213 donors. The UMKC Foundation’s endowment reached $22.6 million. The largest gift was $32 million, which came from H&R Block Inc. co-founder Henry Bloch and his wife, Marion, for the development of the Henry W. Bloch Executive Hall for Entrepreneurship and Innovation. That project is expected to open in August 2013.

Link: http://www.bizjournals.com/kansascity/news/2012/08/21/university-of-missouri-kansas-city.html

Author: DAILY PROGRESS STAFF REPORTS

Source: Daily progress

Interest: The University of Virginia on Monday introduced an online portal that compiles and showcases more than 70 products based on discoveries or research that originated at UVa.

Link: http://www2.dailyprogress.com/business/2012/aug/13/new-directory-showcases-uva-research-products-ar-2128556/

Author: Elizabeth Lopatto

Source: http://www.businessweek.com

Interest: Novartis AG (NOVN) will fund a $20 million research center at the University of Pennsylvania in a deal in which the drugmaker gains technology that uses manipulated immune-system cells to fight cancer.

Link: http://www.businessweek.com/news/2012-08-06/novartis-gets-immune-cell-cancer-therapy-in-upenn-pact

Author: http://www.clemson.edu

Source: http://www.clemson.edu

Interest: A collaboration involving a Clemson University institute that leads research and education in advanced biomaterials and tissue fabrication has received a National Science Foundation grant to advance an increasingly favored surgical procedure. The team has received a $50,000 I-Corps grant to explore commercialization of a haptic device to train laparoscopic surgeons.

Link: http://www.clemson.edu/media-relations/article.php?article_id=4386

Author: David Bratvold

Source: http://pro.gigaom.com

Interest: Crowdfunding — where a crowd of people donates a defined amount of money for a specific cause — has grown from a $33 million market to a $128 million market in the past two years and is expected to reach $500 million in 2012. This is in large part thanks to platforms like Kickstarter, the JOBS Act and the growth of investment-based crowdfunding. While crowdfunding won’t completely replace more traditional fund-raising methods, we believe it is an important space to watch. This report examines th

Link: http://pro.gigaom.com/2012/08/crowdfundings-rapid-growth-and-future-opportunities/?utm_source=tech&utm_medium=editorial&utm_campaign=waterfall

Author: http://www.neighborhoodnotes.com

Source: http://www.neighborhoodnotes.com

Interest: Crowdsourcing has streamlined the funding process by appealing directly to potential customers and fans, and it offers four benefits that make it a better fundraising solution that applying for a small business loan.

Link: http://www.neighborhoodnotes.com/news/2012/08/4_reasons_crowdfunding_is_a_better_solution_than_a_small_business_loan/

Author: ANJALI ATHAVALEY

Source: http://online.wsj.com

Interest: "As start-ups spin out and naturally settle across the river in Long Island City, it will transform western Queens by bringing in new talent and resources," Mayor Michael Bloomberg predicted last year.

Link: http://online.wsj.com/article/SB10000872396390443866404577567102056138014.html

Author: Gregory T. Huang

Source: http://www.xconomy.com

Interest: The Waltham, MA-based tech startup, which also has operations in Santa Clara, CA, has raised $12 million in Series C funding from Horizons Ventures, Kleiner Perkins Caufield & Byers (Digital Growth Fund), and previous investors, which include WPP and Myrian Capital.

Link: http://www.xconomy.com/boston/2012/08/07/mit-spinout-affectiva-gets-12m-more-from-big-investors-to-pursue-big-idea/

Author: Jessica Stillman

Source: http://www.cnbc.com

Interest: Enter New Jersey non-profit Intersect Fund and its latest program, Entrepreneur University. The organization was founded by a pair of Rutgers University students, Joe Shure and Rohan Mathew, who were both impressed by the drive of the folks they met in their local community of New Brunswick.

Link: http://www.cnbc.com/id/48531825

Author: Staff

Source: http://www.pehub.com

Interest: Tintri Inc., a maker of VM-aware storage appliances, has added $25 million in new funding. Menlo Ventures led the round. Existing investors NEA and Lightspeed Venture Partners also contributed. The money will help Tintri expand research and development, as well as sales efforts.

Link: http://www.pehub.com/160241/tintri-seals-25m-nea-lightspeed-menlo-ventures/

Author: CHRISTINE WILLIAMSON

Source: http://www.pionline.com

Interest: University of Michigan Board of Regents, Ann Arbor, approved investment agreements for four potential investments under the State of Michigan Conflict of Interest statute from Michigan Investment in New Technology Startups, a venture capital fund co-managed by the university's investment office and its Office of Technology Transfer.

Link: http://www.pionline.com/article/20120723/DAILYREG/120729964/university-of-michigan-invests-in-4-in-state-companies

Author: http://www.commercialappeal.com

Source: http://www.commercialappeal.com

Interest: Tennessee ranks eighth in the country for the volume of federal grants its university research centers receive, but those dollars are not paying off in terms of new products, companies and jobs.

Link: http://www.commercialappeal.com/news/2012/jul/23/tennessee-launches-effort-to-turn-research-into/

Author: Melissa M. Werthmann

Source: http://bostonglobe.com

Interest: EdX, a joint venture established this spring by the Massachusetts Institute of Technology and Harvard University to offer free online classes, is getting a high-profile West Coast partner: the University of California, Berkeley. The $60 million initiative, which will offer seven classes in the fall, gives millions of people around the world the chance to take college-­level courses for free through the open-source platform. The addition of UC Berkeley, being announced Tuesday, thrusts one of th

Link: http://bostonglobe.com/metro/2012/07/23/university-california-berkeley-join-edx-joint-harvard-mit-venture-offer-online-courses/mKl47LI5BdBX0MMO2RHHwI/story.html

Author: Eileen Ambrose

Source: http://www.baltimoresun.com

Interest: This new incubator venture, set to open in September in Federal Hill, will be a place that entrepreneurs — for a monthly membership fee — can call home temporarily while getting access to the mentoring and networking needed to turn ideas into viable products. Betamore also will offer classes, such as such as Angel Investing 101, along with more extensive courses on running a business.

Link: http://www.baltimoresun.com/business/money/bs-bz-ambrose-betamore-20120724,0,917603.story

Author: Carol Potera

Source: http://www.genengnews.com

Interest: Rich reserves of iron and coal once made Birmingham a major producer of iron and steel. In fact, the city’s nickname was “The Pittsburgh of the South.” Like Pittsburgh, the steel industry and local economy sharply declined, and now clean technology companies are boosting Birmingham’s economy. Many of them, like Soluble Therapeutics, are located in the Innovation Depot, close to the University of Alabama at Birmingham (UAB) campus. The building, once the largest Sears & Roebuck retail store in t

Link: http://www.genengnews.com/blog-biotech/biotech-booming-in-birmingham/712/