CHAPEL HILL — UNC-Chapel Hill has created a $5 million fund to help startups commercialize technology developed at the university.
The new Carolina Research Venture Fund, an initiative of the university’s board of trustees, aims to address the dearth of seed funding available to startups. A long-standing maxim in the startup world is that the first infusion of cash is the toughest to raise.
U.S. venture capital investment hit $48.3 billion in 2014, its highest level since 2000, according to data from the National Venture Capital Association (NVCA) and PricewaterhouseCoopers (PwC). Investments jumped 61 percent over the previous year in terms of dollars. Deals were up as well, but by a more modest 4 percent to 4,356 deals in 2014, indicating the growth of deal size and the presence of a number of “megadeals.” NVCA also noted that investments were dispersed throughout the country, with 160 U.S. metros receiving some venture capital.
Several years ago the National Science Foundation surveyed the small businesses that had won its innovation research grants (through the SBIR program) to see how they were progressing five and ten years after their awards. While there were unquestionably many successes, of those companies that failed, or where the SBIR-funded projects didn’t go well, the most common reason was that companies made products no one wanted.
In other words, for what was typically regarded as a grant to fund risky R&D, the biggest reason for failure was market failure . Perhaps similar reasons exist when education innovations don’t get widely disseminated?
As I touched down in San Francisco I could feel that there was something different about this city. It was a short flight, coming from my Los Angeles hometown, but there was obviously a different air in San Francisco. Colder, yes. But also, more innovative. As I headed to the city, I got into a discussion with the driver about the difficulty of finding a nearby cab when I needed one. The cab driver let me out at the hotel and said, “Someone should just make an app for that.” I was definitely in Silicon Valley.
Silicon Valley luminary Ben Horowitz explains when it makes sense for a founding CEO to relinquish multiple roles and recruit others in order to focus on leading the business. Says the co-founder and general partner at venture capital firm Andreessen Horowitz: "You only get leverage if the person that you hire can do it better than you can."
Montclair, New Jersey, January 5, 2015: Applications are open for tech entrepreneurs interested in joining TechLaunch, NJ’s investor led technology accelerator, housed off-campus at Montclair State University. This will be TechLaunch’s 4th program, beginning its 16-week program in May and ending with Demo Day on September 17, 2015.
Please click here to APPLY or here for FAQ or here for TESTIMONIALS from past teams. Applications and program acceptance will be on-boarded on a first-come rolling basis. Once accepted you can start working immediately with Mentors, Investors and the TechLaunch staff. If you have a team or know a team that is up to the challenge and has a spectacular technology please do not hesitate to direct them over to the APPLY page.
When you picture a a duck, what do you see?
What’s the first thing that comes to mind?
If you’re anything like me—a hopelessly devoted child of the 90s—you think first of Gordon Bombay, Charlie Conway, Julie “The Cat” Gaffney, and everyone’s favorite fat guy, Goldberg. You know, thatgroup of Ducks. The capital “D” Ducks. If you’re a true fan, you may even catch a glimpse of Dean Portman stripping in the penalty box circa D3.
It’s not an Earth-shattering concept that healthy confidence is an asset in the workplace. But it can also deliver bottom-line benefits to both the individual and the organization by allowing you to excel in a number of areas necessary for greater financial success.
If you’ve ever seen me present a strategic thinking workshop, you’ve likely heard me say, “People think strategic planning is boring, and I agree with them. I’m a strategic planner, and even I don’t enjoy strategic planning. That’s why we make it fun!”
That’s not simply a throw-away line. It’s the absolute truth.
We consciously try to develop fun strategic planning activities.
The Dearborn automaker on Thursday opened a 25,000-square-foot innovation and mobility center in the backyard of Google, Yahoo and Facebook in an effort to accelerate its mobility and autonomous vehicle research. Ford has had a presence here — a small office that housed about eight workers — since 2012. But President and CEO Mark Fields said the automaker wanted to become a major player in the region and take advantage of nearby university partners and app developers like Nest.
Image: Detroit News
Today, Bill and Melinda Gates released an ambitious 15-year plan for their eponymous foundation. The plan covers everything on the poverty-reduction spectrum, from wiping out diseases to giving the global poor access to mobile banking services. And to carry it out, they’re taking some inspiration from the private sector.
Maybe it’s Google Glass backlash. Even as the niche for Google Glass in sectors like healthcare continues to generate interest, particularly for telemedicine and surgical checklists, consumer interest in the device failed to take off. I saw it more frequently worn by folks at mobile health and health IT conferences than on the street. The owners tended to be selling something or used it to attract attention as to how they were putting the smart glasses to use.
GlobalGiving is one of the oldest crowdfunding sites on the web, having been launched half a decade ahead of industry giants Kickstarter and Indiegogo. GlobalGiving is a highly curated platform–an application process is used to screen fundraisers–that services only nonprofit organizations.
In a guest post on VentureBeat last week, Chris Lynch of Atlas Venture wrote, “If you’re stupid enough to sign on with one of these guys (accelerators), you might not deserve to be in business in the first place.”
Ouch! I resemble that remark!
I’m a first-time chief executive and a cofounder of LaunchDarkly, and my Alchemist Accelerator demo day is actually happening today.
Image: Epic Bets/Flickr
LOS ALAMITOS, California, Jan. 21, 2015 /PRNewswire-iReach/ -- At Startup Rock Stars, March 24 in San Francisco, attendees will receive everything they need to propel a successful business, including information on current funding options, from crowdfunding and incubators to venture and angel investing. The conference will also include a pitchathon where attendees can present their ideas to funders from Intel, HP, RocketHub, and Crowdfunder.
Small businesses are often more receptive than large ones because the playground for them is very competitive and the only way to survive the intense competition is to keep improving, for which they need new ideas. One such idea was “bring your own device (BYOD)”. Employees were supposed to bring their own devices to the office and use them for office works. The reaction toward the idea was lukewarm.
Patents are the structural foundation of the digital economy. They create incentives for entrepreneurs like me to bet the proverbial farm on a great idea with the confidence that we can bring it to market and compete with the biggest companies in the world. The problem is that some companies are abusing patents in ways that threaten the very innovations they are meant to serve.
If you Google “daily habits of successful people” you’ll find almost every business-focused media outlet represented in the results. But if you’re looking for a guaranteed roadmap to success, don’t get excited just yet. If you read all of those articles, or even a few of them, you'll soon realize that successful people have a wide range of daily habits.
Companies hit by lawsuits filed by so-called patent trolls become gun-shy about innovations and spend less on R&D, say Lauren Cohen and Scott Duke Kominers of Harvard University.
The United States is a land of innovation. New products and services are being invented and marketed every day. A legion of young, talented entrepreneurs is starting countless new ventures, and venture funding is abundant. What could possibly be wrong with this picture?
It looks like the stuff of science fiction. As a snowboarder carves through virgin snow, a small drone buzzes overhead – an attached camera following and filming his every turn. This is Hexo+, an intelligent drone from a company founded by students doing a postgraduate in entrepreneurship at the Grenoble Ecole de Management in France.