Tag: entrepreneurs
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Research Spin Off Company to Tackle Superbug Infections
Fixed Phage Limited in Glascow, Scotland has been launched to commercialize a technology for tackling bacterial infection and contamination, including superbugs such as MRSA. That technology was developed at the University of Strathclyde Institute of Pharmacy and Biomedical Sciences in Scotland. Fixed Phage’s technology is based on research for treatment and prevention of infection and…
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Cleantech, Electronics Venture Funding Jump in 2010
Venture capital investments recorded a solid increase in 2010 over 2009, the first annual jump since 2007. Industries based on science and engineering were among the gainers, particularly clean technology and electronics. The statistics were contained in the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters.…
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Report: Tech Industry Clusters Help Build Regional Economies
A new report from the Brookings Institution, a public policy research institute in Washington, D.C., urges the nation’s governors to create innovative new businesses in their states by building on current clusters of enterprises rather than trying to steal companies from other states. The report says this strategy, documented with examples of science and technology-based…
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University, Start Up Develop Anti-Counterfeit Technology
A student at Simon Fraser University (SFU) in Burnaby, British Columbia, Canada researched a new method based on nanotechnology for stopping counterfeiters, which has led to the founding of a new company to develop the product. Nanotechnology uses materials at nanometer scale, with one nanometer equal to one billionth of a meter. Clint Landrock, an…
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2010 Venture Fund Raising Drops to Seven-Year Low
According to a report by Dow Jones LP Source, venture capital (VC) companies in 2010 raised $11.6 billion in 119 funds, a decline of 14 percent compared to the $13.5 billion raised by 133 funds in 2009, and the lowest amount raised in seven years. VCs have been among the traditional equity funders of start…
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Univ. Engineers Develop New Sewage Treatment Device
Research engineers at University of Utah in Salt Lake City have developed and commercialized an alternative device to help growing communities deal with sewage treatment. The device, known as Poo-Gloos because of their igloo-like shape (pictured right), supplement wastewater lagoons often used for sewage treatment, particularly in small, rural towns. Kraig Johnson and research colleagues…
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Community Management Can Sustain Small Fisheries
Small-scale commercial fishing operations, the kind that often feed millions of people worldwide, can be sustained when managed cooperatively with their communities. This conclusion is drawn from a study published 5 January in the online issue of the journal Nature (paid subscription required). Nicolas Gutiérrez, a University of Washington fisheries scientist and lead author of…
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IPOs, Mergers for Venture-Funded Companies Gain in 2010
The number and value of exit deals — where enterprises backed by venture capital (VC) become financially self-sustaining — increased sharply in 2010, compared to 2009. The compilation by Dow Jones VentureSource shows 514 exit deals took place in 2010 a 25 percent increase, with those deals netting $39.3 billion, a jump of 72 percent…
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Small Business Research Grants Reauthorized in DADT Bill [Updated]
UPDATE, 27 DECEMBER: My reading of the legislation and commentary was in error. It turns out the language to repeal Don’t Ask Don’t Tell replaced the SBIR/STTR authorization text in the bill, not added to the original text, as I first reported. SBIR and STTR are still on a temporary authorization through the end of…
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Student Engineering Works Become Products for Disabled Vets
Last year, four University at Buffalo (UB) computer engineering undergraduates developed a software program to enable quadriplegics and other people with limited mobility to use computers productively with one button. The students are now working with a federal government contractor to tailor the software for disabled veterans, and have formed a company to distribute the…