News roundup 2 October

News roundup for week ending 2 October 2015.

Stanford tops list as most innovative university

Stanford University muscles out Ivy League peers of the top spot for Reuters’ inaugural innovative university rankings.

Finance Wales appoints Bullock as non-executive chairman

Gareth Bullock starts his role as non-executive chairmen of Finance Wales next month, taking over from Ian Johnson.



€1bn in loans for German startups

The European Commission supports startups in Germany with a €1bn loan agreement made between the European Investment Fund and the German government-owned bank KfW.

Enterprise Ireland launches €500,000 Competitive Start Fund

Ireland supports agriculture and manufacturing startups with a €500,000 fund to provide up to €50,000 for businesses with the potential to employ more than 10 people and achieve exports of more than €1m in three years.

Innogest Capital II fund closes at €85m

Italian government-created Fondo Italiano d’Investimento invests in the final close of Innogest SGR's Innogest Capital II fund to support Italian technology companies.

India electronics fund of funds becomes operational

The Indian Electronics Development Fund finds its home at the Canbank Venture Capital Fund.

Tamasek boosts Jungle Ventures' fund

The government of Singapore invests in Jungle Ventures' latest technology fund through Tamasek Holdings.

Governments back sub-Saharan Africa renewables

Government-backed and owned organisations invest in the African Renewable Energy Fund's $200m fund to support small and medium renewable projects in sub-Saharan Africa.

Singapore launches ESVF III

Singapore's National Framework for Innovation and Enterprise launches the third tranche of its Early Stage Venture Fund to support large local enterprises in establishing corporate venture funds.



International taxi firms join forces

US/China taxi partnership provides travellers with a familiar service in a strange land.

Cool transportation gains BPIfrance's backing

The public investment bank of France invests in refrigerated transport company Le Groupe Jardel in its €1.6m ($1.8m) investment round to support its expansion.

£200m EIB loan for University of Oxford

The European Investment Bank has provided the University of Oxford with a loan to help it develop sites in and around Oxford and support the projects happening within them.

Vulog raises €8.4m for “free-floating” car sharing

BPIfrance drives Vulog to international expansion by taking part in its €8.4m funding round.

Slovakia peer-to-peer lending gets JEREMIE boost

The European Commission helps Slovak residents access peer-to-peer lending by investing in Žltý Melón's series A round through its JEREMIE programme.

IPO for In-Q-Tel-backed Pure Storage

In-Q-Tel-backed flash storage company Pure Storage prepares for its initial public offering where it plans to raise $450m for a valuation of $3.33bn.

Investment brings fresh food to Germany's doors

High-Tech Gründerfonds helps Germany lose weight by backing diet, ready-to-eat meal delivery service Kukimi.

See more from this Government Report: United Nations


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