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One in 25 children in the Netherlands suffers from amblyopia, or lazy eye, which causes them to see something different in one eye than in the other, Phys.org reports.
Fortunately, there's a treatment that's been around for centuries, but it's expensive, hard to find, and doesn't always work.
That's why a new fund in the Netherlands is trying to change that.
Called the Startup Innovation Fund (SIF), it's a $9 million effort with the goal of promoting innovation in the West and supporting entrepreneurs in the Utrecht region, Phys.org reports.
It's similar to a similar fund in California, called the Proof of Concept Fund, that has supported around 20 companies over the past three years, according to a press release.
The SIF will offer investments in the "early stage" of development for up to $500,000.
"The goal of the fund is to promote innovation to stimulate a healthy individual, a healthy environment, and a healthy society," the head of investments at ROM Utrecht Region says.
One of the SIF's first investments will go to a company called MYCOTEX, which is developing environmentally friendly textiles using biomaterials made from mushroom roots and other biomaterials.
Another investment will go to a company
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
It's that time of year again: time for parents to start thinking about summer camps for their kids. And if you live in New Jersey, you may be in luck: The Code Ninjas are now offering summer...more
The latest trend in kids' smartwatches is one that encourages healthy habits from an early age.NehBaby, a device from Kickstarter, aims to help kids ages 2 to 8 learn how to drink water, take a...more
"If your child is surfing the web in Manchester, they can be targeted by a bad actor halfway around the world," writes John Pizzuro in an op-ed for the New Hampshire Union Leader. And that's why...more
This Mother's Day, Philip Morris International is honoring "supermoms" at its India affiliate, IPM India Wholesale Trading Private Limited. "The company acknowledges the unwavering love and...more
One in four school children in Burundi now receives a nutritious meal, thanks to a donation from China. The UN's World Food Program says China has donated $1.5 million to provide 42,000 children...more
If you have a compelling story about the future of child care in America, you may be in luck. The Better Life Lab at New America and the Bainum Family Foundation are offering a total of $100,000...more
"Access to mental health support should be a fundamental right for all children, regardless of their socioeconomic status." That's the message from Hafeezah Muhammad, CEO of Backpack Healthcare,...more
Phoenix Children's Hospital is known for its world-class medical care and cutting-edge research, but it's also one of the country's most under-funded. That's about to change, thanks to a group...more
It's that time of year again: time for kids to start brushing their teeth, playing with their toys, and peeing in the potty. If that last part of the list doesn't ring a bell, you may want to...more
Zain is one of the fastest-growing telecom companies in the world, but it's also one of the worst when it comes to sustainability. The Middle East's second-largest telecom company has released...more
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3 Social Enterprises Earn Honors at Social Enterprise Award
Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.
