State lawmakers on Tuesday approved legislation that would invest millions of dollars in public and private money in Wisconsin startups despite criticism that the investment targets only limited industries. The bipartisan legislation would create a program that invests $25 million from the state and at least $50 million in private money in young Wisconsin companies
Google Inc. is investing $200 million in a Texas wind farm, the Internet search leader's latest big bet on the future alternative energy. The commitment to the Spinning Spur Wind Project announced Wednesday brings Google's total investments in alternative energy to about $1.2 billion. The company has backed 11 different projects with a combined capacity to produce 2 gigawatts of electricity—enough to power about 500,000 U.S. homes for a year.
The general rule of thumb is that most new businesses fail. But the incubator model is beginning to change those statistics for companies who seek the right kind of help.
The pharmaceutical industry won approval to market a record number of new drugs for rare diseases last year, as a combination of scientific innovation and business opportunity spurred new treatments for diseases long-ignored by drug companies. Many of these so-called orphan drugs offer extra patent protections and faster government approval.
How can you be sure that an incoming phone call is really from a customer and not an overseas criminal intent on fraud? For major financial services companies, that's a growing concern as the telephone system adopts Internet technologies—and the security issues that come with them. A startup company based on technology developed at Georgia Tech offers a solution to that challenge.
As the United States seeks to reinvigorate its job market and move past economic recession, the Massachusetts Institute of Technology examines manufacturing's role in America's economic future through work at the institute around manufacturing.
Purdue University President France A Córdova announced the launch of a new research commercialization center that will move Purdue discoveries to the marketplace more quickly, increase revenue for the university, and spur economic development in Indiana and the nation.
Geothermal energy developers plan to pump 24 million gallons of water into the side of a dormant volcano in Central Oregon this summer to demonstrate new technology they hope will give a boost to a green energy sector that has yet to live up to its promise. The federal government, Google and other investors are interested enough to bet $43 million on the project.
Technology developed by researchers at the Georgia Institute of Technology and Emory University for delivering drugs and other therapeutics to specific locations in the eye provides the foundation for a startup company that has received a $4 million venture capital investment.
Online search and advertising giant Google is teaming with investment firm Kohlberg Kravis Roberts & Co. to develop four solar energy farms in the Sacramento, providing electricity to power more than 13,000 U.S. homes. Google, which earns returns on renewable energy tax credits, says its promoting the availability of green energy for its power-energy servers farms.
The Small Business Innovation Research and the Small Business Technology Transfer programs were both set to expire on Dec. 16, 2011. But on Monday evening, Congress successfully negotiated a long-term reauthorization.
According to a study out Wednesday venture capitalists invested more money in more U.S. startups in the third quarter than they did a year earlier. Though overall investments dropped from the second quarter, the software industry showed especially big jumps in venture capital quarter to quarter.
The European Union Industrial R&D Investment Scoreboard, published annually by the European Commission, tracks the world’s top 1,400 companies and ranks their investments in R&D. The report shows global R&D investment increased by 4%, but some regions are lagging behind others in investment growth.
The National Science Foundation (NSF) has selected 21 teams for the inaugural class of its I-Corp awards. Winning teams will receive guidance from private- and public-sector experts, participate in a specially designed training curriculum, and receive $50,000 to begin assessing the commercial readiness of their technology concepts.
A few years ago, Internet connections were so slow in Indonesia that a YouTube clip took 20 minutes to download. Now, the nation of 240 million people is a leader in social networking use, attracting investors and prompting an explosion of start-ups. Experts wonder: Will this growth last?
As venture capital continues to shrink, medical device developers are finding new investment options, from “friends and family” to corporate investors.
According to Musk, SpaceX is profitable with more than $2.5 billion in orders for satellite launches and a strengthening relationship with NASA. Tesla has been selling steadily, too, and the Model S 4-door electric luxury car is taking shape. But money is short and $1 billion is needed quickly. Is an IPO the only choice?
If we needed any further proof of the inferiority complex Russia seems to be continually chafing under, Viktor Vekselberg, one of the country’s most successful oligarchs, has been placed in charge of the new Kremlin effort to create a Russian Silicon Valley.
The economic stimulus of 2009 was partly supposed inject a little nitrous oxide into the burgeoning green energy sector. But the jury's still out on whether green energy is the future of U.S. jobs. And we’re still not sure which green jobs those will be.
Patent valuation is one of the trickiest tasks a company can face, according to patent law expert David Wanetick with The Business Development Academy, who has written a primer on how valuation—and vulnerability—can affected by many factors.
Biotechnology leapt ahead as the biggest recipient of U.S. venture capital money in the second quarter, but first-time venture investments in companies overall dropped to a 15-year low, a trade association reported.
A recession, stimulus, new administration, continuing resolutions, and globalization effects have altered the picture of R&D spending from just six months ago.
Despite the current economic downturn, independent research organizations remain optimistic. For the tenth consecutive year, the editors of R&D Magazine interviewed the CEOs of the leading independent R&D laboratories in the U.S. to determine the challenges and opportunities they face.
An internal Battelle survey draws upon the views and experiences of staff who are closely involved with the conduct of research that supports a wide range of government and industrial clients.
The U.S. research and development environment is being shaped in 2008 by a myriad of economic, political, and technical factors.