6 12, 2018

How the New Venture Challenge Is Helping Cement Chicago’s Reputation as the Next Great Startup Hub 

By |2018-12-06T08:42:14+00:00December 6th, 2018|Competition, Illinois, Student Funds|0 Comments

At first glance, Tovala’s Chicago headquarters looks like an ordinary apartment. But upon opening the front door to the office space, located in the city’s River West neighborhood, visitors are greeted with an open space filled with boxes, home goods and employees buzzing like worker bees. Some cooked in the test kitchen. Others sat at their [...]

14 11, 2018

Tel Aviv University and Northwestern University launch joint nanoscience program

By |2018-11-14T08:50:54+00:00November 14th, 2018|Corporate, Illinois, Israel|0 Comments

A new collaborative venture between Northwestern University and Tel Aviv University brings together researchers and students in the field of nanotechnology through joint research and development projects, student exchange programs and research grants. Under the new partnership, two researchers from each university will receive post-doctoral fellowships supporting two years of research at the partner institution. [...]

30 10, 2018

2018 Fall Cohort Finalists Selected for the UChicago Innovation Fund

By |2018-10-30T08:16:46+00:00October 30th, 2018|Illinois, New Investments/Awards, Proof of Concept (POC) Fund|0 Comments

The Polsky Center for Entrepreneurship and Innovation at the University of Chicago has announced the five companies moving on to the fall finals of the 2018 University of Chicago Innovation Fund. Each of the finalists will present their ventures to the Innovation Fund advisory committee and public audience in an event hosted by the Polsky Center [...]

5 09, 2018

Taking Startups to the Next Level: TransUnion Partners with University of Chicago’s Polsky Center

By |2018-09-05T08:40:01+00:00September 5th, 2018|Corporate, Illinois|0 Comments

A new partnership between TransUnion (NYSE:TRU) and the University of Chicago's Polsky Center for Innovation and Entrepreneurship will take startups to the next level with the use of cutting-edge data assets. The program supports entrepreneurial innovation and provides University of Chicago students with access to TransUnion's Startup Credit Kit, a suite of innovative solutions to support [...]

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 [...]

7 06, 2018

Startup That Analyzes Bacteria in Feces Gets Backed by UChicago Fund

By |2018-06-07T08:57:33+00:00June 7th, 2018|Illinois, New Investments/Awards|0 Comments

BiomeSense, a startup developing biosensors that can detect particular kinds of bacteria in patients’ feces that could help improve the efficacy of clinical trials, won the University of Chicago’s Innovation Fund finals and an investment of up to $250,000 from the college. The finals, which took place May 31, featured five startups that presented their [...]

4 06, 2018

Deerfield Management pledges $65 million to Northwestern for drug development

By |2018-06-04T08:43:10+00:00June 4th, 2018|Corporate, Illinois, Venture Fund|0 Comments

Northwestern announced Thursday it is partnering with Deerfield Management, an investment management company, to launch Lakeside Discovery LLC in order to help develop new drugs. Deerfield, which pledged up to $65 million, will help shepherd potential drugs to the Food and Drug Administration to get them approved for human testing. Alicia Löffler, executive director of [...]

31 05, 2018

$35 million in NIH funding launches health research accelerator with UChicago 

By |2018-05-31T07:55:47+00:00May 31st, 2018|Accelerator/incubator, Illinois|0 Comments

The University of Chicago and UChicago Medicine are part of a new health research accelerator that has launched thanks to nearly $35 million from the National Institutes of Health. The Institute for Translational Medicine will work to improve people's lives by pursuing research breakthroughs and getting those discoveries into the real world. “This vital initiative will help drive [...]

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 [...]

5 03, 2018

UChicago invests in tech startup company founded by Chicago Booth alumni 

By |2018-03-05T14:17:16+00:00March 5th, 2018|Competition, Illinois, Startup Fund|0 Comments

The University of Chicago has announced their next venture investments from the UChicago Startup Investment Program. Ascent Technologies, a regulation technology company that helps users build, manage and automate their compliance programs, received $315,000 from the University as part of their Series A financing rounds. Announced in 2016, the UChicago Startup Investment Program is an initiative in which [...]