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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.
"The world's first water coaster for kids." That's what Cedar Fair, owner of Schlitterbahn New Braunfels, Texas, is banking on with its newest attraction: Schatze's Storybrook Park, a children's...more
A professor at the University of Texas at Austin has developed a play therapy approach that she says could help millions of children around the world, the Austin American-Statesman...more
If you're looking for a four-year degree in Ireland, Munster Technological University is the place for you. The school, which has campuses in Cork and Kerry, is the first university in the...more
One of the world's largest not-for-profit foundations has teamed up with a venture capital firm to invest $50 million in a fund that aims to improve the health of children around the world,...more
"For decades, people have often assumed that playing video games is somehow bad for children, undermining their well-being," UNICEF's Bo Viktor Nylund says in a press release. "But our new study...more
"As a family-owned company, we are humbled to give to organizations that provide hope and healing to so many families." So says Meijer CEO Rick Keyes in announcing a $3 million donation to help...more
Peter Kessler graduated from the University of California, Berkeley, with a degree in chemical engineering, and now he's working on an AI invention that "stands on the brink of the educational...more
"They have over 100 lobbyists walking the halls here with us today and they're awash in money and it's really a Sisyphean challenge for a bunch of parents to fight against these big interests," says...more
"Now is the time for creative, collaborative solutions that will drive positive outcomes for all children." That's the message from the Saul Zaentz Early Education Initiative at the Harvard...more
A London-based tech startup has come up with 3D-printed headphones specifically designed for kidsand they're going on sale next year, Fast Company reports. The Kibu Headphones, which were...more
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Social Entrepreneurship
Spotlight
Social Entrepreneurship: Meet the Disruptors of The World Of Philanthropy
William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”
