///Foundation-support
13 11, 2018

Alumni to support WVU start-up and entrepreneurship efforts 

By |2018-11-13T08:21:46+00:00November 13th, 2018|Foundation-support, West Virginia|0 Comments

John Chambers, a West Virginia native and West Virginia University alumni, was announced last week as a major supporter behind WVU's efforts to promote entrepreneurship and business growth in the state. Along with his knowledge, Chambers will share substantial financial resources with the university, which has renamed their College of Business and Economics in his honor. “I’ve [...]

1 11, 2018

IU Philanthropic Venture Fund commits $500,000 to drug development company

By |2018-11-01T10:25:16+00:00November 1st, 2018|Foundation-support, Indiana, New Investments/Awards, Venture Fund|0 Comments

The Indiana University Philanthropic Venture Fund, which provides capital to faculty, students, alumni and staff at all IU campuses to help them further develop their research and innovations into startup companies, has committed to invest $500,000 in Indianapolis-based NERx Biosciences Inc. as part of $2.2 million bridge round. The company discovers and develops targeted therapeutics for cancer treatment. John [...]

5 09, 2018

Alumni gifts to expand entrepreneurship at Loyola 

By |2018-09-05T08:37:32+00:00September 5th, 2018|Foundation-support|0 Comments

In late July, Loyola received two gifts from alumni totaling more than $1.46 million. The gifts came from Nick Simon ’84, and the Frank family (George Frank ’50 and Tim Frank ’85) with the intention to further expand entrepreneurship at Loyola. Simon has more than 30 years of operating and investment experience in the biopharmaceutical industry, including at Genentech, [...]

16 08, 2018

Celgene Donates $100K to Rutgers’ TechAdvance® Gap Funding Program

By |2018-08-16T09:01:06+00:00August 16th, 2018|Foundation-support, New Jersey|0 Comments

Rutgers University’s TechAdvance Fund, a proof-of-concept fund created through the university’s Office of Research and Economic Development (ORED) to advance early stage Rutgers technologies toward commercialization, received $100,000 from Celgene Corporation, marking the first corporate donation since the program’s inception in June 2017. “The TechAdvance program serves as a catalyst to move Rutgers inventions beyond [...]

2 08, 2018

Purple Arch Wants to Back More Northwestern Alumni Startups With 2nd Fund

By |2018-08-02T08:45:19+00:00August 2nd, 2018|Foundation-support, Illinois, Startup Fund|0 Comments

Purple Arch is a venture fund for Northwestern alumni, by Northwestern alumni. And the young VC firm is already raising its next fund to back more entrepreneurs that bleed purple and black. Purple Arch, founded in 2016, closed its first fund last year. The $5 million fund backed 20 Northwestern University-affiliated startups, including Chicago startups like [...]

2 08, 2018

Emerging source of innovation funding?Penn State University launches new donor-advised fund

By |2018-08-02T08:42:02+00:00August 2nd, 2018|Foundation-support|0 Comments

Penn State has partnered with TIAA Charitable to provide alumni and friends with a leading-edge, donor-advised fund, the Penn State Giving Fund, which they can use to enhance their overall philanthropy while supporting the University. Donors can open a Penn State Giving Fund beginning today. “The University is enthused to partner with TIAA Charitable to [...]

23 03, 2018

 $5 million donation to University of Chicago support startup education and immersion 

By |2018-03-23T14:13:48+00:00March 23rd, 2018|Foundation-support, Illinois, Student Funds|0 Comments

The fund donated by Khosa will be used to establish the Rattan L. Khosa Student Entrepreneurs Program at the Polsky Center for Entrepreneurship and Innovation at the university. The program will help the students to convert their innovative ideas to successful business models. The initiative consists of four components through which financial aid will be [...]

26 02, 2018

New Jersey Health Foundation Awards $50,000 Innovation Grant To Princeton University Researcher

By |2018-02-26T14:59:42+00:00February 26th, 2018|Foundation-support, New Jersey|0 Comments

New Jersey Health Foundation (NJHF) has awarded a $50,000 Innovation Grant to Alexander Ploss, Ph.D, assistant professor of Molecular Biology at Princeton University, announced James M. Golubieski, president of NJHF. Dr. Ploss is addressing the urgent need of finding better treatments to combat hepatitis B and E viruses.  He will use the funding to investigate novel compounds that inhibit hepatitis [...]

26 02, 2018

IU creates $15 million Philanthropic Venture Fund to develop innovations, businesses

By |2018-02-26T14:58:37+00:00February 26th, 2018|Foundation-support, Indiana, Proof of Concept (POC) Fund, Venture Fund|0 Comments

A newly created evergreen fund managed by the Indiana University Research and Technology Corp. will provide capital to faculty, students and staff at all IU campuses to help them further develop their research and innovations into startup companies. The IU Philanthropic Venture Fund was originally envisioned in the Bicentennial Strategic Plan as part of the university's continuing [...]

21 12, 2017

Auburn Alumni Gives $1 Million Gift to Auburn University Entrepreneurs 

By |2017-12-21T15:23:42+00:00December 21st, 2017|Alabama, Foundation-support|0 Comments

$1 million gifted by Auburn Alumni will be a game changer for students looking to start their own businesses. Auburn’s business school believes entrepreneurship is the key to the future for U.S. businesses. So, ensuring students have the skills and resources needed to create startups means they’ll be ready to ride this wave of economic [...]