CHICAGO Anyone who has traveled to London and taken the tube (the subway for New Yorkers or the L for Chicagoans) is constantly besieged by tape loops of mind the gap, which is a warning for the dark hole or space between the subway car and the concrete waiting area as one gets on or off the tube.
In other words, beware of the void as it can be dangerous for your health.
In la......Full article >>>
ffice of Technology Management at the University of Illinois at Chicago
The new IllinoisVENTURES fund, which is called the Illinois Emerging Technology Fund, was completed via $4 million of public funding from the University of Illinois and the state of Illinois. The remaining $16 million came from the private sector.
IllinoisVE......Full article >>>
Members must fall into the category of accredited investors, which according to the SEC means an individual with a net worth of $1 million or an annual income of at least $200,000 for two of the most recent years. Members are limited to individuals rather than companies.
Interestingly, service professionals (doctors, lawyers, accountants and executive recruiters) cant join unless they ca......Full article >>>
ifying to know that there is at least an angel group in the Midwest thats dedicated exclusively to the field of life sciences. It will be even nicer to know that some actual investment took place in companies.
Kegonsa Seed Fund
This Madison, Wis.-based Kegonsa Seed Fund
is brand new and is ......Full article >>>
the U.S. government is funding $2.1 billion of research in nine Midwest universities (of which $1.1 billion is in the life sciences space).
These universities include the University of Wisconsin-Madison and the University of Wisconsin-Milwaukee, the Medical College of Wisconsin, the Marshfield Clinic, the University of Minnesota-Minneapolis, the University of Illinois at Urbana-Champaign......Full article >>>
Peter Johnson, founder and CEO of Hyclite and chairman and CEO of Tetrionics.
Johnson expects the Kegonsa Seed Fund I to invest in 12 to 15 companies. Thatll provide the first $250,000 to $500,000 in funding. Lets hope his fishing prospects are good. Johnson, by the way, is accustomed to fishing in all kinds of weather and hosts ice-fishing parties in the dead of winter on Lake Kegonsa.......Full article >>>
oneering efforts in this seed stage space of ARCH Development Partners
, which has fostered financing and development of start-up companies in Chicago, Peoria, Indianapolis, Kalamazoo and Cincinnati.
Championed by Tom Churchwell and Teri Willey, ARCH Development currently has investments in 14 companies (of which six are......Full article >>>
Midwest. If only we could multiply this by a factor of 10, we could really build some critical mass with our outstanding science and technology in the Midwest.
You gotta start somewhere, I know, so kudos to all five groups. Lets hope there are some early success stories to attract the formation of even more groups. No applause, please. Just throw money their way. See you next week!
......Full article >>>
Source:wistechnology.com By Michael Rosen 07/26/04Related biology technology :1
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