Academy for UK-based, early stage digital social ventures calls for applications to join its second class of startups.

A students at the University of Akron in the US state of Ohio receive $250,000 to start venture capital fund.

Cisco has invested $6m in the Jordan-focussed Badia Impact Fund, in its first close including investments from the European Investment Bank and Jordan's King Abdullah Fund for Development.

Google Capital is expected to formally launch later this summer.

CA Technologies, an IT management software maker from the United States, has made a strategic investment in venture fund IDG Ventures India. For CA, the investment is part of a larger strategy to get access to India start-ups building innovative enterprise software that could be potential targets for acquisition.

The University of California Los Angeles launches its own crowdfunding platform to support innovative projects.

Louisiana State University (LSU) gives the green light to $2m proof-of-concept (POC) fund to support innovation at the institution.

Oxford lures tax efficient spin-out investment with creation of new fund.