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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.
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Our expertise is in covering local stories that matter most to the Park City community.Submit a news tip, Share a photo or video, or contact TownLift with your local Park City news and feedback.Join...more
Minister of Youth Affairs Launches 'Bake Box by Little Chefs' A Sweet Taste of Bahraini Innovation.Rawan bint Najeeb Tawfiqi attended the launch event of the platform and product.Jouri, Maria, and...more
Noah Sorin is transforming how children learn about sustainability through his startup, Idori.The company produces educational children's books, eco-friendly plush toys, and learning materials.Idori...more
Vipo.AI is an innovative application that brings professional-level parenting guidance directly to families' smartphones.The app offers parents two primary features: they can record an actual play...more
They contain no added sugar, sweeteners or artificial flavours, and count as one of the recommended five portions of fruit and vegetables per day.Both variants are available in 200m cartons and will...more
Social Entrepreneurship
Spotlight
Google Invests $103 Million in Latest Renewable Energy Project
Google’s latest investment is $103 million in a 265.7 megawatt (MW) solar project in Southern California.
