Science-based university spin-offs face considerable technology and market uncertainty over extended periods of time, increasing the challenges of commercialisation. Scientist-entrepreneurs can play formative roles in commercialising lab-based scientific inventions through the formation of well-endowed university spin-offs. Through case study analysis of three science-based university spin-offs within a biotechnology innovation ecosystem, we unpack the impact of <i>pre-formation</i> intangible assets of academic scientists (research excellence, patenting, and international networks) and their entrepreneurial capabilities on spin-off performance. We find evidence that the pre-formation entrepreneurial capabilities of academic scientists can endow science-based university spin-offs by leveraging the scientists' pre-formation intangible assets. A theory-driven model depicting the role of pre-formation intangible assets and entrepreneurial capabilities in endowing science-based university spin-offs is developed. Recommendations are provided for scholars, practitioners, and policymakers to more effectively commercialise high potential inventions in the university lab through the development and deployment of pre-formation intangible assets and entrepreneurial capabilities.

In the Class of 2028, 71.5% of students qualify for financial aid and 21.7% of the class are lower-income students eligible for federal Pell grants.

Retired Penn State Shenango Campus Director Jo Anne Carrick, along with her husband, John, have pledged a $50,000 gift to the campus to establish the Carrick Family Endowment for Penn State Shenango Athletics.

The National Endowment for the Arts grants funding to 567 arts organizations to save jobs and to fund operations and facilities, health and safety supplies, and marketing and promotional efforts Wilmington, Del. (February 2, 2022) – At the end of January, four Delaware arts organizations – Art Works for All, Inc., The Delaware Contemporary, Delaware […]

  THE NATIONAL ENDOWMENT FOR THE ARTS ANNOUNCES $34 MILLION IN GRANTS TO SUPPORT THE ARTS The Choir School of Delaware and State Education Agency Directors of Education to receive federal funding for arts projects   Wilmington, Del. (January 17, 2023) — As the only funder in the country to support arts activities in all […]

Wilmington, Del. (June 6, 2023) – Five organizations in the State of Delaware will receive a total of $1,030,000 in federal grants from the National Endowment for the Arts, as part of the National Endowment for the Arts’ second round of funding, announced today. “The National Endowment for the Arts is pleased to support a […]

New Castle County Libraries is one of 62 organizations nationwide selected to receive a 2023-2024 NEA Big Read grant. A grant of $20,000 will support a community reading program focusing on "The Best We Could Do: An Illustrated Memoir" by Thi Bui between September 2023 and March 2024. An initiative of the National Endowment for the Arts in partnership with Arts Midwest, the NEA Big Read broadens our understanding of our world, our communities, and ourselves through the power of a shared reading experience.

  Wilmington Based Non-Profit, Four Youth, Awarded Funding   Statewide, DEL. (October 2, 2024) – The National Endowment for the Arts (NEA) is pleased to announce 112 organizations recommended for awards under ArtsHERE—a new pilot program in partnership with South Arts and in collaboration with the other five U.S. Regional Arts Organizations—designed to expand access […]

The McKnight Center for the Performing Arts at Oklahoma State University named in honor of visionary gift

The Harvard University endowment fund lost $10 billion in 2009. Unable to dump toxic investments, the university had to find new ways to recoup this 27 percent

Foundation set to expand dramatically in its 25th year

Grand Canyon Association (GCA), the official nonprofit partner of Grand Canyon National Park, today announced a $1 million donation from Arizona Public Service (APS) that will establish the Grand Canyon Trails Forever Endowment to help preserve and protect Grand Canyon’s trails. This is one of the most significant private, philanthropic gifts in Grand Canyon’s history. https://www.nps.gov/grca/learn/news/grand-canyon-association-receives-one-million-dollars-from-arizona-public-service-to-initiate-the-trails-forever-endowment-at-grand-canyon-national-park.htm

The private Catholic university in South Bend with $11 billion in reserves follows similar decisions by other endowment-rich institutions.

THE DELAWARE DIVISION OF THE ARTS TO HOST A FREE ACCESSIBILITY PRESENTATION LED BY THE NATIONAL ENDOWMENT FOR THE ARTS Dr. Beth Bienvenu, accessibility director, will review how to make the arts accessible to all Wilmington, Del. (November 30, 2017) – Building off of this year’s Arts Summit theme: “Arts for All” and an earlier […]

THE NATIONAL ENDOWMENT FOR THE ARTS ANNOUNCES FY 2018 GRANTS TO SUPPORT THE ARTS Two Delaware organizations will receive $20,000 in federal grants Wilmington, Del. (February 7, 2018) – Each year, more than 4,500 communities large and small throughout the United States benefit from National Endowment for the Arts (NEA) grants to nonprofits. For the […]

Three Delaware organizations will receive $729,100 in federal grants Wilmington, Del. (May 15, 2018) – As the only funder in the country to support arts activities in all 50 states and five U.S. jurisdictions, the National Endowment for the Arts (NEA) announced that three Delaware organizations, including the Division of the Arts, will receive $729,100 in […]

Three Delaware organizations will receive $54,000 in federal grants Wilmington, Del. (February 15, 2019) — As the only funder in the country to support arts activities in all 50 states and five U.S. jurisdictions, the National Endowment for the Arts (NEA) announced that three Delaware organizations will receive $54,000 in federal grants. This is the […]

Two Delaware organizations will receive $55,000 in federal grants Wilmington, Del. (January 28, 2020) – As the only funder in the country to support arts activities in all 50 states and five U.S. jurisdictions, the National Endowment for the Arts announced that two Delaware organizations, will receive $55,000 in federal grants. This is the first […]

Regional and State Arts Agencies to Disburse 40% of Funds Through Local and Regional Programs Washington, DC (April 8, 2020) – This morning, the National Endowment for the Arts announced guidelines to distribute funding to nonprofit arts organizations from the Coronavirus Aid, Relief, and Economic Security (CARES) Act to preserve jobs and help support organizations […]

There is not very much to like about the Tax Cuts and Jobs Act of 2017. It delivers big benefits to the affluent, creates new loopholes and complexities, and will send the deficit soaring. One provision with some merit, however, is the introduction of a tax on the endowments of wealthy colleges. Of course, it has hardly gone down well within the Ivy League. But…

The McKnight Center for the Performing Arts at Oklahoma State University named in honor of visionary gift

Turmoil in commodity market slashes state colleges’ revenues

LIC's New Endowment Plan is a participating non-linked plan which offers an attractive combination of protection and saving features.

Wildermuth, Daniel