Interest: It took about six months of due diligence before Katie Chitwood, John Field and their colleagues decided they were willing to put up $30,000 for a University of Missouri startup that makes a long-lasting human tissue filler.
Interest: Cowboy Technology Angels, a member-led investment fund, is looking for Oklahoma State University enthusiasts and friends to invest in the technologies developed at OSU. CTA is an independent fund separate from OSU, its Alumni Association, Foundation and Cowboy Technologies LLC. CTA allows its member investors to have the first look at technologies developed at OSU.
Interest: Michigan State University faculty and students will soon have better access to the business talent and the operational and financial support necessary to turn research innovations into successful businesses. Spartan Innovations LLC, a newly formed subsidiary of the MSU Foundation, will provide five key resources to support the launch of sustainable MSU startups
Interest: It was Startup America, the independent nonprofit launched at the White House in 2011 as an engine for startups across the country. As promised, three months later, Startup America landed in Pennsylvania on Wednesday before a sold-out room of about 100 entrepreneurs and economic development professionals on the campus of Harrisburg University of Science and Technology, full of entrepreneurs from across the Commonwealth.
Interest: Vouching for someone's research might seem like a steep challenge, although sites like Kickstarter too ask donors to believe that projects really are possible. And just as with Kickstarter, the crowd will decide what's worthy of funding. But Microryza will have to face the challenge of attracting researchers and, depending on how much it relies on academic credentials, vetting some of their work.
Interest: The Business Accelerator Fund is a two-year, $3 million fund established through a grant agreement between the Michigan Strategic Fund and the Small Business and Technology Development Center (MI-SBTDC) at Grand Valley State University. The fund can be accessed by 13 business accelerators across the state, including Automation Alley and Kettering University TechWorks, to provide specialized business acceleration services to companies commercializing advanced technology.
Interest: Technologies such as a wind energy radar and a solar wafer screening machine were highlighted during the CU Cleantech Incubation Open House, an event hosted by CU's Deming Center for Entrepreneurship, Technology Transfer Office and the newly launched CU Cleantech, a program aimed at promoting and commercializing the school's clean and renewable energy inventions.
Interest: Researchers at the University of Arkansas at Little Rock have created an online site that they say will encourage economic development in central Arkansas and the wider region. The new online portal for the UALR Center for Innovation and Commercialization compiles important information on seminal research, inventions and other scientific discoveries happening on campus.
Interest: The Act, signed into law by President Barack Obama on Thursday, may allow smaller companies new to the markets to reduce their financial regulation, and it removes the requirement for an expensive internal audit. It does not protect CEOs and CFOs from being sued by regulators and investors for fraud.
Interest: In the case of Jellyfist Art, crowdfunding was a perfect vehicle. He didn’t need millions, or even hundreds of thousands of dollars. He didn’t have to give up company equity. And the high donation rate proved there was strong market demand for his tanks.
Interest: When Cambridge, MA-based Warp Drive Bio launched on January 10, the startup was as notable for its financing structure as it was for its technology—maybe more. That’s because part of the $125 million in funding that Warp Drive received came from French pharmaceutical giant Sanofi (NYSE: SNY) , which received in return the chance to buy Warp Drive outright, sometime in the future, if certain milestones are met.
Interest: About three times each week, an enterprising researcher at theUniversity of Maryland, College Park, takes a step toward patenting an invention. Each year, that results in the creation of about five new high-tech firms, the kinds of businesses often credited with creating good jobs. That's a good start, but the school's goal is to double that rate in the next few years. With a small but smartly focused investment by the state, we can get there — and all Marylanders can benefit.
Interest: The annual study by the Battelle Technology Partnership Practice found that since 2002 Arizona has outpaced the nation in generating bioscience jobs and firms, and in winning National Institutes of Health grants, the gold standard for biomedical research funding. Even venture-capital funding, long a challenge for Arizona's bioscience sector, was on an upswing in the past year.
Interest: On the one-year anniversary of the Startup America Partnership, President Obama urged Congress Tuesday to pass legislation that would make it easier for start-up companies to raise money and grow. The initiative is the latest push by the federal government to encourage more entrepreneurship and to boost fast-growing companies.
Interest: Startups have had trouble raising money during the recession, with banks tightening their lending rules. Angel and venture funding also has sputtered. Some entrepreneurs have turned to crowdfunding, which lets them raise small amounts of money directly from a large number of people using websites such as Kickstarter and IndieGoGo.
Interest: Students, faculty and staff at four Northeast Ohio colleges and universities will have an opportunity to launch new companies as part of an innovative on-campus program to help entrepreneurs.
Interest: The National Institutes of Health is launching the electronic Research Materials catalogue (eRMa) to streamline the federal government's technology transfer process. This project addresses one of the important directives in a Presidential memorandum related to the commercialization of federal research and support for high-growth business potential. eRMa was designed and developed by the Office of Technology Transfer (OTT) at NIH with support from the NIH's National Cancer Institute Center for Ca
Interest: The Court of Appeals for the Federal Circuit, the nation's top patent court, recently reached a decision that will have breathtaking ramifications: scientific research methods per se can be patented for a field of research. This decision promises to accelerate the flood of patent litigation, which shows that the recent America Invents Act does not go far enough to fix the patent system.
Interest: Startup companies have always been the engines of growth of the American economy, and it is even more the case in the green sector. Startup companies are more nimble and innovative and, according to a study by the Kauffman Foundation they create many more jobs annually than established companies.