Author: Alexander Hecht Abby Matousek Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Source: http://www.natlawreview.com/
Interest: On May 31, the Department of Health and Human Services (HHS) reissued its Omnibus Funding Opportunity Announcement (FOA) for the Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) programs in order to implement venture capital provisions of the SBIR/STTR Reauthorization Act of 2011.
Interest: For entrepreneurs wondering about the mysteries behind a term sheet, Theresia Gouw, a partner at Accel Partners, has answers.
Gouw and Iiya Strebulaev, professor of finance at Stanford University's Graduate School of Business, offered a crash course in angel and venture capital funding at Tuesday's Silicon Valley Open Doors event in Mountain View.
Interest: Startups, it's time to polish your pitches. Hyde Park Venture Partners has more than $20 million that it's looking to put into early-stage technology companies in the Midwest.
The Chicago-based investment firm said Thursday that it has closed its first fund with $25 million in commitments.
Interest: Representatives and analysts from the securities industry offered their suggestions for how the Securities and Exchange Commission could reduce barriers to capital formation for small businesses at a House Committee on Financial Services hearing on Wednesday.
Some urged the SEC to speed up its deliberation of regulations that would set the ground rules for crowdfunding under the Jumpstart Our Business Startups Act, while others highlighted the importance of investor protection.
Source: 2013 Austin American-Statesman, Texas.Distributed by MCT Information Services.
Interest: Texas might have the nation's best business climate, but it struggles to get it share of federal funding for innovation from small businesses.
Over 30 years, Texas is only seventh in attracting awards from the Small Business Innovation Research (SBIR) program or the Small Business Technology Transfer (SBTT) program.
Interest: So he tried crowd-funding on a US website, Indiegogo, which had recently opened up in the UK. Within five days he had hit his target and raised £36,200. So popular was his campaign at the end of last year to entice donations from the public, that within 40 days he had raised a colossal £400,000.
Interest: It's billed as an attempt to help grow local businesses, anchored in high tech, that will grow and create jobs in the Central New York area.
CenterState Corporation for Economic Development has been awarding grants to start-up companies working with local universities.
Interest: The Virginia Center for Innovative Technology (CIT) announced a total of $3 million awards for this year’s Commonwealth Research Commercialization Fund.
Interest:
The Institute for the Commercialization of Public Research (the Institute) announced today that it has finalized a funding agreement with NeuroNet Learning, providers of a learning enrichment program designed to help children improve motor skills, language, and information processing. Working with Florida’s research universities and institutions to support new company creation and job growth, the Institute’s Seed Capital Accelerator Program bridges early funding gaps, requiring recipients to ra
Interest: The U.S. Small Business Administration (SBA) today honored eighteen high-tech small businesses and three individuals in Washington, D.C., for the critical role they play in research and development for the government and for their success in driving innovation and creating new jobs. The Tibbetts Awards, given by SBA, honor outstanding small businesses and individuals who participate in the SBA's Small Business Innovation Research (SBIR) program. In addition, three past participants in SBIR who r
Interest: Gathering at the National Venture Capital Association’s VentureScape conference this week, venture and corporate investors met with executives leading top startup accelerators in a crowded session to discuss the health of the “startup ecosystem.”
Two main questions on venture investors’ minds: “How do we know if accelerators are succeeding?” And: “Are we in an accelerator bubble?”
Interest: A miracle drink to cure hangovers. A cream that brightens the color on tattoos. An ergonomic shovel. A website that cuts the humble car salesman out of the deal.
In addition to dreaming up these inventions, students in Loyola Marymount University's new business-incubator class created the prototypes.
Interest: The Madison office of law firm Perkins Coie LLP is sponsoring a first-ever award with a $10,000 prize for the University of Wisconsin-Madison team that demonstrates the most market-ready innovation.
UW-Madison is the fourth campus to be chosen for an Innovative Minds competition. The others are Arizona State University, the University of California-Los Angeles and the University of Washington,
Perkins Coie launched the program in 2011 to help advance creative thinking, innovation and entrepren
Interest: You can’t accuse billionaire Ronald Perelman of not investing in the future—the FORBES 400 lister just put up $100 million to help teach entrepreneurs to navigate the fast changing currents of modern markets.
Interest: In the age of startup-mania, accelerators, incubators and the constant search for venture capital, Northeastern University is taking a proactive approach to getting would-be founders to an entrepreneurial happy-place.
Interest: The Global Venture Labs Investment Competition (Global VLIC), the longest-running investment competition for graduate student entrepreneurs, will hold its 30th annual competition May 2-4 at the AT&T Executive Education and Conference Center at The University of Texas at Austin.
Interest: Each year, more than $2.3 billion in grants and contracts are awarded by 11 federal agencies such as the U.S. Department of Defense, the National Science Foundation and the National Institutes of Health through the Small Business Innovation Research and Small Business Technology Transfer programs.
Interest: Georgia took steps this week to create a public-backed venture fund aimed at keeping startup companies from fleeing the state when funding dries up.
The fund could eventually pump $100 million into innovative new companies, The Atlanta Journal-Constitution reported on Tuesday.
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
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.