Archive for the ‘Secured Funding’ Category

New Selah Park Ready To Move On

Thursday, January 28th, 2016

SELAH, Wash.– Plans for a brand-new complete park in Selah are moving forward.Volunteer Park has passed all the management phases with the city.The park will have devices for children of all abilities.To make it an all-ability park, it will be fenced in. Every piece of devicestool would be modified for kids with various disabilities.The park is a passive park, indicating there will not be organized sporting events.City leaders secured moneying for the park through a grant

and donations.A ground-breaking for the park will happen this spring.Its going to be the kind of play area where a child in a wheelchair or crutches can have access and

really use, so were excited to be able to provide that to the neighborhood, Selah City Administrator Donald Wayman said.City leaders will check the soil before they begin design making sure its safe.The park might open by the end of the year depending on weather.

UCL Launches ₤ 50 Million Innovation InvestmentMutual Fund

Tuesday, January 26th, 2016

UCL is today releasing the UCL Technology Fund to invest pound; 50 million in commercialising its world-leading research study emerging over the next five years.

The Fund will be made use of to support academics whose research study has industrial capacity, with funding for early stage proof of idea, licensing projects and brand-new spinout business.

This is the very first financial investmentmutual fund that UCL has launched to commercialise its multidisciplinary research and it will support innovations from academics in all locations of the university, consisting of life sciences, engineering and details communication technology.

The Fund will supply both funding and assistance to take tasks through the entire advancement trip from proof of principle to commercialisation. It will develop on the success of UCLs technology transfer business UCL Business (UCLB) in commercialising research from the university, by enhancing the variety of jobs that can be supported and improving the monetary return to the university. UCL is ranked top for its research study strength in the UKs recent Research Excellence Structure and has a long performance history of establishing successful businesses through UCLB.

UCLB has actually introduced over 60 spin-out business to commercialise intellectual building established by UCL scientists. Recent UCLB spinouts include Freeline, which is developing gene treatments for blood conditions and Autolus, which is establishing cancer immunotherapy treatment.

Another spin-out, Senceive, offers wireless monitoring options to the design and train industries while Mediagamma is an ingenious advertising technology plumber.

UCL has protected funding from the European Investment Fund (EIF), among the biggest carriers of endeavor financial investment in Europe, and from Imperial Developments (Developments), a leading UK public technology commercialisation plumber.

EIF and Imperial Innovations have each committed pound; 24.75 million to the Fund, which will have an initial financial investment period of 5 years. EIFs contribution to the UCL Technology Fund is supported by the Investment Plan for Europe.

The Fund will be handled by Albion Ventures, among the UKs largest independent venture capital investors. Albion is likewise adding to the Fund. Albion will draw on the experience of UCLB to make sure the Fund fulfills monetary targets in addition to goals set by UCL for broader society and financial impact.

Dr Celia Caulcott, Vice-Provost (Business) at UCL, said: UCL has an outstanding performance history of commercialising our research through licensing and spin-outs and the launch of the UCL Technology Fund underlines our long-term approach towards investment. Together with our partners, we will guarantee UCL remains to increase the industrial chances of its ingenious and ground-breaking research study, with the objective of benefitting society as an entire and producing economic effect. The Fund exemplifies UCLs Grand Challenges method which brings competence from throughout UCL and beyond to solve essential international issues.

Russ Cummings, Ceo at Imperial Innovations, said: The quality of research at UCL indicates that there is currently a wealth of opportunities to be made use of and this will provide even higher level of resources to UCLB to enhance throughput. We anticipate our participation in this new fund will result in a significant increase in our rate of investment in UCL related spinouts to which we will have access via our function in this brand-new fund.

Pier-Luigi Gilibert, President at the European Investment Fund, said: The UCL Innovation Fund is the very first fund backed by the EIF that concentrates on proof of idea funding, licensing contracts and companies spun-out from throughout all scholastic disciplines from UCL. Great science is necessary for successful technology transfer and UCL is a leading source of scientific research. We are delighted to sign up with forces with Imperial Innovations to be part of this amazing brand-new effort.

OneSavings Bank PLC (OSB) Upgraded By Numis Securities Ltd To “” Include””

Tuesday, January 26th, 2016

Shares of OneSavings Bank PLC (LON: OSB) opened at 304.800 on Thursday. OneSavings Bank PLC has a one year low of GBX 204.00 and a one year high of GBX 412.60. The companys market cap is GBX 740.97 million. The business has a 50 day moving average rate of GBX 346.82 and a 200 day moving typical cost of GBX 348.80.

OneSavings Bank plc (LON: OSB) is a United Kingdom-based financing and retail cost savings business. The Business operates through 3 sectors: Buy-to-Let/SME, Residential Mortgages and Personal Loans. Its Buy-to-Let/SME sector offers protected financing on building for investment and business functions. Its Buy-to-Let/SME sector likewise offers property advancement finance to small and medium sized designers and secured financing lines to other lenders. The Companys Residential Mortgages section provides providing to customers who live in their own homes, protected either through first or 2nd charges against the property house. Its Residential Mortgages section also offers bespoke domestic very first charge, 2nd charge and shared ownership home loans, and supplies secured funding lines to other loan providers. The Companys Personal Loans section provides unsecured lending services.

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Tuesday, January 26th, 2016

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Monday, January 25th, 2016

Monday, January 25th, 2016

Mayor Names Hill School Commission

Monday, January 25th, 2016

SOMERSWORTH #x 2014; Mayor Dana Hilliard said the time has pertained to make a last decision regarding the Hill School.At the Somersworth City Council conference Monday Hilliard announced the formation of a Hill Commission. #x 201c; I anticipate this commission beginning their work and this council making a final decisiona decision on the re-use of the former Hilltop school by the end of October, #x 201d; Hilliard said.Hilliard called City Councilor Marty Dumont to serve as chair.Dumont said he is excited to lead the commission. #x 201c; The obstacle is terrific, #x 201d; Dumont said.

#x 201c; However, the chance is terrific

also. #x 201d; Dumont stated he plans to report back to the council on a routineregularly and will get to work immediately to arrange a very first meeting.Hilliard likewise called City Councilor Jessica Paradis to the commission along with an agent of the Friends of Somersworth, Madeline DeSantis; a member of

the community Chris Smith; City Supervisor Bob Belmore; Superintendent of Schools Jeni Mosca, and Peter Michaud of the Department of Historical Resources.There is an opening for a member of the companybusiness community and Hilliard asked that if anybody is interested they get in touch with him.When Somersworth High School was developedintegrated in 1956, the building ended up being Hill Elementary

School. It closed in 2007. The Hilltop School was called to the National Register of Historic Places last fall.According to the New Hampshire Division of Historic Resources, the Hilltop School is significant for its architecture and the essential role it played in the advancement of modern-day high school education on a regional level.The state #x 2019; s Somersworth Act of 1848 cleared the method for municipalities to develop centralized school districts, develop systems of graded schools, purchase lots for them and build school houses.The city built Great Falls High School, the first public high school in New Hampshire built after the act #x 2019; s passage, in 1849.

By the 1920s, that structure was in disrepair and the school board protected funding for a brand-new school that might accommodate contemporary academic needs.Somersworth High School was considered innovative when it was constructedintegrated in only

19 weeks in 1927 on the website of the old school. In addition to basic researches, students could discover accounting, typewriting, physics and chemistry. A 1939 addition broadened manual training classroom space and consisted of a biology space with an integrated work table.Designed by architect Charles Greely Loring, Hilltop School is an exceptional example of a Georgian Revival-style public school. Its brick and stone exterior, huge windows and fancy primary entrance make it easily recognizable as having been developed at the height of the style #x 2019; s popularity in New England. Inside, many original features remain, including coat closets, gas light components near the exit doors and brick-lined niches for the water fountains.

Basketball hoops still hang from opposite ends of the mix gymnasium-auditorium. The Pals of Somersworth, a group formed in 2011 to tryattempt to recover the school as an arts and cultural center, presented some choices to the council a few years ago, however the plans were declined. Councilors, mentioning wants versus needs, would not support the usemaking use of taxpayer funds for the job.

New Biopsy System Shows Promise For Early Detection Of Colorectal Cancer

Friday, January 1st, 2016


On behalf of a worldwide and multi-discipline consortium, AWSensors has protected financing from the European Commission to take this innovation further. The new system will be checked on the blood samples of colorectal cancer patients over the next 3 years. This cancer is the 2nd cause of death in Europe and one of the most common, alongside bust, lung and prostate cancers.

The current go-to technique for reputable cancer diagnosis is tumour tissue biopsy, however this method is intrusive, agonizing and expensive. It likewise just supplies details of a single point in the development of the illness. The brand-new system likewise has the advantage of being up to 3 times more affordable than other real-time approaches, such as quantitative PCR, and can be come with out by non-specialists.

LiqBiopSens will for that reason enable simple, inexpensive, non-invasive screening for early detection and routine monitoring of tumours.

Innovation established at AWSensors and Destina Genomics will be made use of to establish this new system. By discovering both the DNA launched by the tumour into the body and any cancer-associated anomalies it goes through, it will dependably identify the presence and advancement of this cancer, doing away with false positives.

Real-life screening at hospitals in Andalusia

In the final stage of the job, a LiqBiopSens prototype diagnosis will be tested on real patients in health centers in southern Spain, monitored by the Andalusian Health Service.

Besides the UK-based Destina Genomics and the Andalusian Health Service, AWSensors will also be signed up with by the Universit Catolique de Louvain in Belgium and the Greek Structure for Research study and Innovation (FORTH). Scientists, specialists and other experts from the fields of oncology, genomics, nanomaterials, microelectronics and microfluidics will all be contributing their expertise.

Daily Funding Roundup

Wednesday, December 30th, 2015
  • HomeTouch, an online platform to find vetted and skilled home carers, has actually protected financial investment funding from one of Londons leading ventureequity capital companies, Interest Capital.The funding will accelerate HomeTouchs growth throughout London, increase the variety of vetted carers on its platform into the thousands and expand its variety of features which already enhance option, openness and effectiveness of discovering high quality, inexpensive house care.
  • Rowheels, Inc., a Fitchburg, WI-based developer of reverse propulsion wheel technology for manual wheelchair users, raised $1.5 million in funding.The round was led by strategic operating capital fundWISC Partners. David Guinther, a General Partner at WISC Partners, who will be signing up with Rowheels Board of Directors, in conjunction with the funding.The company will utilize the funds to advance the commercialization of its reverse propulsion wheel innovation.
  • Palantir Technologies, an information analytics and security company that assists federal government companies track down terrorists and reveal monetary scams, said on Wednesday it has raised $880 million in its latest financing round.Earlier this month, the Palo Alto, California-based company reported that the financing round, which started in July, had actually raised $679.8 million. Wednesdays submitting suggests it raised an additional $200 million in just weeks.

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