Tag: funding
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Facebook launches its first innovation school in Brazil
Facebook has launched an innovation center in Brazil to foster entrepreneurs with ideas aimed at social disruption. A world first for the company, Estação Hack (Hack Station, in Portuguese) is based in São Paulo and opened its doors to the public yesterday (2) with the aim of supporting about 7400 people leading projects with social…
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French government proposes big science-spending boost
Ludovic Marin/AFP/Getty Images Frédérique Vidal, France’s higher education, research and innovation minister, said the budget would give ‘fresh oxygen’ to the country’s research. French research funding is set for a heartening increase in the country’s first budget under President Emmanuel Macron, if draft 2018 plans released on 27 September are voted into law. The research portfolio…
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Hong Kong Innovation and Technology Venture Fund opens for application by venture capital funds
HONG KONG, Sept. 18 (Xinhua) — China’s Hong Kong Special Administrative Region (SAR) has launched an Innovation and Technology Venture Fund (ITVF) of 2 billion Hong Kong dollars (256 million U.S. dollars) to encourage venture capital funds’ investment in local innovation and technology start-ups. The fund is open for application from venture capital funds until…
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How innovation can solve society’s problem
An innovative commons model can be exemplified by something as high tech as a new app…or something as traditional as alpine cheese-making. When you think of innovation, you also may think of patents and profits. But two Swiss researchers argue that we should be focusing more on people and places. Excellence in innovation is as…
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Singapore’s long game in innovation
For decades, the Republic has moved steadily towards becoming an innovation-driven economy. Today, it is poised for the next phase in its innovation journey, with its position as a business hub in rising Asia, and access to private venture capital. Innovation may be the buzzword today but for Singapore’s economic planning agencies, our journey in…
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Improving risk capital funding in Canada
Canadian entrepreneurs regularly cite a lack of financing options as a reason for Canada’s mediocre innovation performance. Certainly part of the problem has to do with the organization of risk capital markets. Canada’s public venture exchange (TSX-V) is biased toward junior resource listings. Canadian venture capital firms often lack the scale and expertise to fund…
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Creative industries to benefit from £80m innovation fund
Cultural organisations and universities are being encouraged to work together as part of an £80 million programme designed to address issues within the creative industries. The scheme is seeking to come up with new ways of working or create new services that tackle problem areas such as skills shortages, equality and diversity, and finance models.…
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UK Plots Post-Brexit Tech Investment Fund
Start-up Funding UK will provide funding for startups to boost British tech firms seeking to expand to the world stage following Brexit. The British government is proposing a new venture capital fund in order to help nurture innovative firms based in this country. Called the National Investment Fund, the government says it will help…
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Fintechs: the market it’s changing…
Total global funding to fintechs doubles over Q1’17 to US$8.4 billion; Fintech investment in Singapore increases despite continued decline in deal volume. Total global fintech investment more than doubled quarter over quarter in Q2’17 to hit US $8.4 billion, up from US$3.6 billion in Q1’17, according to the KPMG Pulse of Fintech report.* According to…
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Senate approves $4M. budget for US-Israel Energy center
The center is meant to contribute to natural gas deployment in Israel, expand water and energy production in both countries and improve cybersecurity systems for critical infrastructure. Fulfilling a vision that has been three years in the making, the Senate Appropriations Committee committed $4 million on Tuesday toward establishing a Joint United States-Israel Energy Center.…
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