Interest: The revenue stream from a blockbuster patent is quickly expiring, and the Office of Technology Commercialization at the University of Minnesota is scrambling to find new ways to stay on solid footing.
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Kansas, like the rest of the United States, has felt the effects of the economic recession. But thanks in part to the state’s diversified economy, we are emerging from the recession stronger than ever. While many states rely on one or two major industries for economic growth, Kansas is investing in several promising sectors of our economy, including the biosciences.
Interest: Investors are handing an additional $18 million to Semprus BioSciences of Cambridge, one of the biggest medical device investments of the year locally. Semprus is developing a process that it says can make implantable devices more resistant to bacterial infection over a long period of time; such infections cause more than 50,000 deaths a year, says Semprus chief executive David Lucchino.
Interest: A University of Massachusetts researcher has developed technology to produce petrochemicals and fuel from sawdust, corn stalks and other nonfood biomass, and is considering the Schenectady area for a pilot production plant.
Interest: Super-angels may look like venture capitalists and raise money like venture capitalists, but they continue to deserve a different classification.
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The entrepreneurial spirit is alive and kicking in Texas, but the state gets low grades for access to financing, incentives and education, according to a first-of-its-kind statewide survey.
Interest: The South Jersey Chapter of the National Association of Women Business Owners has named Sarah Piddington, interim director of the South Jersey Technology Park at Rowan University and of the Center for Innovation & Entrepreneurship, as its Business Advocate of the Year.
Interest: The Austin Technology Incubator and the State Energy Conservation Office are seeking applicants for two new clean energy incubators at Texas universities.
Interest: This past Friday night, University of Nebraska–Lincoln (UNL) students brought their ideas out in force, from an engineering firm to a software as a service (SaaS) startup monitoring and limiting children's internet access. In all, nine students representing eight teams across two divisions – four undergraduate and four graduate – gave 10-minute pitches and answered 10 minutes worth of judges' questions. The event, the 12th Annual UNL Venture Plan Competition (below, photo by Danny Schreiber), awarded $1,000 to each division winner.
Interest: Hoping to attract and grow entrepreneurial talent in the New Orleans area by supplying hard-to-find early stage capital, a group of New Orleans business leaders in partnership with GNO Inc. on Monday launched an evergreen venture capital fund.
Interest: The Association of University Technology Managers released a "Better World Report" that highlights how commercialization of technologies developed at universities contributes to society.
Interest: When it comes to its new electric truck pilot program, Southern Oregon University (SOU) is shopping local. Their new truck conversions will be supplied by Ashland’s own Ambiente Motors, an electric vehicle start-up that’s been hard at work developing low-cost, light-duty truck electric components and yes, a conversion kit, known as the the IC³, for commercial vehicles.
Interest: If Joel and Ethan Coen ever need a place to stay in Fargo, Karen Stoker is waiting. “I always say, ‘God bless the Coen Brothers. They could have named the movie ‘Brainerd,’” said Stoker, founder of Fargo’s Hotel Donaldson.
Interest: Massachusetts, a team of researchers from University of Massachusetts Amherst reported in Science that they have developed a new process to produce key chemical intermediates from pyrolytic bio-oils. According to the researchers, “the new process could reduce or eliminate industry’s reliance on fossil fuels to make industrial chemicals worth an estimated $400 billion annually.”
Interest: The Texas State University System Board of Regents approved a new doctoral program in Materials Science, Engineering, and Commercialization last week.
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