U News 2 | Old Dominion University receives $500,000 through Congressionally Directed Spending
Venture Partners, the commercialization arm of the University of Colorado, helped to launch 35 new start-up companies out of CU Boulder’s research labs.
From the University of South Florida:
Tampa Bay Inno report that the University of South Florida Research Foundation has invested $200,000 in Psilera, a Tampa-based biotech company developing therapies for neurological disorders. The start-up has worked to develop the next generation of non-hallucinogenic psychedelic therapies, but the focus of the funding, according to Co-Founder Jackie von Salm, is on disorders like Frontotemporal Dementia (FTD), a progressive condition that impacts cognition and behavior with no currently available treatments.
From Old Dominion University:
Old Dominion University’s Institute for Innovation and Entrepreneurship received $500,000 to support service members preparing for civilian careers in entrepreneurship.
Funding for this new program, called Double-TAP, comes from FY24 Congressionally Directed Spending through the Small Business Administration with the support of Senators Mark Warner and Tim Kaine. Double-TAP, which stands for transition assistance program, will expand on existing programs and work being done at the University’s institute and within the military.
Hampton Roads is “not a normal region,” said Paul Olsen, Executive Director of the institute. Its proximity to multiple military commands means there is a high concentration of veterans and service members looking for opportunities after their service. This new initiative builds on existing programs to support military-affiliated students and expand those efforts into to the broader military community.
Double-TAP will connect service members with resources before entering the civilian workforce, like the Department of Defense’s Transition Assistance Program’s mission. It is like a “firehose” of resources within the last year of their time in the military, preparing them for different careers and letting them know what kind of supports are out there for veterans, wherever they go, Olsen said.
From the University of Colorado:
In fiscal year 2024, Venture Partners, the commercialization arm of the institution, helped to launch 35 new start-up companies out of CU Boulder’s research labs. This is a great leap above CU Boulder’s previous record of 20, set in 2021, and places it among the very best university campuses globally.
The dramatic rise in start-up production is no accident. It is the fruition of a multi-year strategy to make CU Boulder the premier university campus in which to launch a new company. The team at Venture Partners has built a suite of resources to inspire, mentor, train and fund aspiring founders among faculty, graduate students and post-doctoral researchers.
The surging start-up numbers are built on the record productivity of these founder support programs, including lean start-up training through the NSF I-CorpsTM Hub: West Region (105 teams trained this year), proof of concept grants through the Lab Venture Challenge (12 awardees totaling $1.5 million), Ascent Deep Tech Start-up Creator (15 graduating companies) and the Embark Deep Tech Start-up Creator, our newest program, which paired community entrepreneurs with CU Boulder innovations to form 10 new companies.
From the University of San Diego:
The Fowler Business Concept Challenge is an annual event organized by the University’s Knauss School of Business where the sky is the limit on creative ideas and students are encouraged to explore their entrepreneurship potential to make a positive impact on the world. Both finalists and semifinalists pitch their ideas to top San Diego business leaders and have the chance to win up to $45,000 in scholarships.
The kick-off event is September 19 with the semi-finals and finals set for December 6.
From Bryant University:
Following a nationwide search, Bryant University in Smithfield, RI has announced the appointment of Kristie DeJesus as the inaugural Director of the forthcoming Center for Entrepreneurship and Design Thinking, slated to open this academic year. Located in the recently opened, 250,000-square-foot Business Entrepreneurship Leadership Center at Bryant, the Center is poised to be a regional catalyst for innovation and entrepreneurial excellence in New England and beyond.
DeJesus, who began her role earlier this month, joins Bryant from Worcester Polytechnic Institute (WPI), where she served as Senior Director of Innovation and Entrepreneurship. At WPI, she designed, implemented, and managed a dynamic portfolio of programs; developed and executed an ongoing stakeholder engagement strategy; and cultivated critical partnerships to support an inclusive environment that nurtures innovative thinking and creative problem-solving.
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