Drug developer Anagin, a company launched by two Indiana University scientists through the aid of IURTC’s Spin Up program, won BioCrossroads’ third annual New Venture Competition on Tuesday. The contest, held in tandem with the 2014 Indiana Life Sciences Summit at the JW Marriott hotel in Indianapolis, awards $25,000 to the first-place winner. The top… Read more »
Economic Development
IU startup Anagin wins $692,706 NIH grant to battle PTSD, named as BioCrossroads finalist
Anagin, a company co-founded by Indiana University scientists Anantha Shekhar (left) and Yvonne Lai (right) is one of the latest success stories to emerge from IURTC’s Spin Up program. With nearly $800,000 in seed money, which includes a recent $692,706 Phase I Small Business Innovation Research (SBIR) grant from the National Institutes of Health and… Read more »
IU South Bend to host 2nd annual Northern Indiana Innovation Competition
A ceramic alternative to titanium dental implants. Automatic fire extinguishers for race car engine bays. Lighting kits for sports equipment. Water-based paint balls. Each of these – and more – are examples of products developed by undergraduate students who have competed in the Northern Indiana Innovation Competition, which is set for Nov. 21-22 at Indiana… Read more »
Kelley School’s monthly business index for Indiana rises for fourth consecutive month
Leading economic indicators, particularly those in the housing and automotive sectors, contributed to a “robust” increase in the Kelley School of Business‘ Leading Index for Indiana in September. Produced by the school’s Indiana Business Research Center, the index reflected increased interest from experienced homebuyers, a potential “banner year” for automakers and higher transportation and logistics… Read more »
Inventrek Technology Park marks 10th year as incubator for Kokomo-area companies
Inventrek Technology Park, an incubator for high-tech businesses in Kokomo and Howard County, will celebrate its 10th anniversary with an Oct. 2 ceremony at the park. Opened in January 2004, Inventrek is home to companies that serve such industries as robotics, wireless communications, environmental sciences, freight logistics, renewable energy, and marketing. Affiliated with the Greater… Read more »
Universities warn that new tech patent, licensing growth may halt if reductions in federal research funds persist
Despite steady patent and licensing growth and a 16 percent increase in new technology startups in 2013, technology managers at major U.S. research universities are worried this trend will wane if federal research funds continue their decline. In its annual Licensing Activity Survey that covers the 2013 fiscal year, the Association of University Technology Managers… Read more »
Innovate Indiana Fund part of $10 million PrecisionHawk investment round
PrecisionHawk, an IU-funded venture that deploys unmanned aerial vehicles (UAVs) to collect and process data for various commercial users, today disclosed a second round of funding that totals nearly $10 million. The Innovate Indiana Fund, which led the company’s Series A funding, participated in the Series B financing round as well. The round was led… Read more »
Carley joins OVPE as Assistant Director for Economic Development
As the newest member of the OVPE team, Joe Carley brings 10 years of combined planning, zoning and economic development experience in three states to Innovate Indiana’s mission of fostering statewide economic growth. In his role as Assistant Director for Economic Development, Carley — a recent graduate of Indiana University’s Maurer School of Law —… Read more »
IU-funded UAV developer PrecisionHawk wins Indiana Innovation Award
PrecisionHawk, an IU-funded venture that uses unmanned aerial vehicles (UAVs) and plug-and-play sensors to collect and process data for various commercial uses, is one of 10 Indiana Innovation Award winners for 2014. Presented by Centric, Indy’s Innovation Program, the award honors companies with Indiana operations that have launched a successful or innovative product or service… Read more »
Encouraging Hoosier innovation through Sen. Coats' proposed TRANSFER Act
Recognizing the contributing role Indiana’s research universities play in introducing innovative technologies and spurring economic growth, Indiana’s Senator Dan Coats recently co-introduced bipartisan legislation designed to enhance the effectiveness of the Small Business Technology Transfer (STTR) program. The Technology and Research Accelerating National Security and Future Economic Resiliency (TRANSFER) Act would facilitate proof-of-concept research and… Read more »