Interest: Silicon Valley venture-capital firm Andreessen Horowitz just closed fundraising for a second tech fund of $650 million -- more than double its first, completed in June 2009, for $300 million.
Interest: The federal government lavished $90 billion on university researchers last year. Krisztina Holly, vice provost for innovation at the University of Southern California in Los Angeles, is doing her best to turn her share of that investment into successful businesses. It can be an uphill battle.
Interest: Bedford biofuels startup Altranex Energy LLC is working with Brown University to develop process technology to make biodiesel that works in cold climates.
Interest: There is no question that combining the expertise of USU researchers, educators and alumni with the technical savvy of those at Idaho Lab with energy producers and investors involved in the Basin have brought about some amazing results in Vernal.
Interest: A new Champaign-based venture capital fund has invested in two businesses, committed to a third and expects to invest in a couple more by year's end.
Interest: Serial entrepreneurs have a huge advantage over newcomers to the startup game because they bring a potent combination of experience, reputation and contacts to the table.
Interest: All the western states experienced budget crunches in the recent economic downturn. All the western states are looking for new business. And the cost of doing business in the western states is fairly similar across the board (California being the exception). Nevada needed a dynamic business platform to present the reasons Nevada is a great place to grow business.
Interest: AUSTIN, Texas — ConocoPhillips has committed to contribute $1.5 million over five years to support cutting-edge energy research at The University of Texas at Austin.
Interest: There’s more bad news for cleantech investing. A new report from Ernst & Young found that U.S. venture capital dollars going to cleantech have dropped 55 percent compared to the same time last year.
Interest: A budding biomedical technology company located in Southern California is considering moving to El Paso. A company exec says the business environment is much healthier here.
Interest: The University of Notre Dame and Purdue University are teaming up with state officials to offer Indiana’s first business plan competition targeting startup ventures and emerging companies in nanotechnology.
Interest: SAN FRANCISCO—An EDA startup spun out of research at the University of British Columbia (UBC) came out of stealth mode Monday (Nov. 1) offering what it says is to a breakthrough technology for post-silicon debug and validation.
Interest: Michael Joyce was 7 years old when Neil Armstrong took "one giant leap for mankind." Joyce, who is now heading up a Boulder-based aerospace company, distinctly remembers the moon landings being prominently featured on his family's black-and-white TV set.
Interest: The spotlight slowly is moving onto efforts to create homegrown jobs as a base for northern Nevada’s economy.
No one ever doubted the importance of entrepreneurial companies to create jobs, but organizations such as the University of Nevada, Reno, the Nevada Commission on Economic Development and the Economic Development Authority of Western Nevada these days are stepping up their efforts to provide more support to startup companies with big ideas.
Interest: With 18.5 million people, Florida has 16 Fortune 500 firms. Minnesota has 71 percent fewer people and 30 percent more F500 firms. Per capita, Minnesota has the highest number of F500 companies in the country. But in the last 25 years, Minnesota has not produced a single Fortune 500 company. Are there lessons for Florida from Minnesota's past success, and recent loss of its ``secret sauce?''
Interest: Soren Hansen’s first marine lab was in the closet of an apartment in Orono, Maine. The University of Maine graduate student wanted to breed saltwater tropical fish in captivity and shared his idea with a few skeptical faculty scientists.
Interest: The University at Buffalo’s forthcoming Clinical and Translational Research Center and Biosciences Incubator in downtown Buffalo is set to receive a $4.6 million appropriation from the U.S. Department of Defense.