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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.
Foundation: de Beaumont Foundation
Shah is recognized for his editorial leadership, holding roles as Editor or Associate Editor for several prominent public health journals.His research has been supported by major federal grants,...more
Foundation: de Beaumont Foundation
In 2021, Jessica was named one of the "World's 50 Greatest Leaders" by Fortune Magazine for her work on COVID-19 research and data communication.Jessica is a Research Fellow at Boston Children's...more
Foundations Awards Nearly $170K In Grants To Bucks County Nonprofits.The grants support capital projects and recognize innovative programs to improve the lives of children, young adults, and...more
KU professor says we need an education system that lets students have more control over their learning.To help students thrive in the age of artificial intelligence, schools must shift their...more
Kelly Carrillo is the new director of child nutrition services for Moorpark Unified School District.Carrillo will officially begin her new role on Jan.1.She will focus on culinary innovation and...more
IEEE Lebanon and Rethinking Lebanon to empower youth and drive innovation | Digital Watch Observatory HomeUpdatesIEEE Beirut and Lebanon aim to create impactful programs and initiatives to contribute...more
Pradhan Mantri Rashtriya Bal Puraskar honours extraordinary accomplishments in seven categories: art and culture, bravery, innovation, science and technology, social service, sports and...more
India: President Murmu confers 17 children with Pradhan Mantri Rashtriya Bal Puraskar.The award honours extraordinary accomplishments in seven categories: art and culture, bravery, innovation,...more
Foundation: Google.org
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Crayola, Space4All, Blue Origin's Club for the Future, Kennedy Space Center Visitor Complex Announce Partnership to Champion the Importance of Creativity in Space.Crayola Creativity Week is a free,...more
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Social Entrepreneurship
Spotlight
Hexham Social Enterprise Launches Workshop to Provide Training for the Unemployed
A Gilesgate-based shop and community facility, Hexham’s Core Music, launches a separate workshop where up to six people will be trained how to repair guitars and make ukuleles. The European Social Fund grant supported the project and has secured funds through the County Durham Communication Foundation to equip the workshop in Burn Lane.
