The new prize, which is being funded by the Massiah Foundation, will award $50,000 each year to the best, entrepreneurial plan and idea to come out of the USC Viterbi engineering school. Maseeh told socalTECH that the prize was modeled after a similar, schoolwide competition at MIT, where he received his Ph.D. READ MORE>>. MORE >>

In a bid to spur more startups out of the University of Southern California, the USC Stevens Institute for Innovation said Wednesday that it has awarded $498,700 to six research projects. USC's effort, the Ideas Empowered Program, is funded by James C. stevens commercialization technology transfer research startup venture capital MORE >>

USC revealed this morning that it has created a new, startup accelerator on campus, the Viterbi Startup Garage , which will help students and alumni start technology companies in Los Angeles. The startup accelerator is behind headed by Ashish Soni. Last a pilot middle school at the L.A. READ MORE>>. MORE >>

The USC Stevens Institute for Innovation , the group at the University of Southern California run by Krisztina Holly, and which was kick started by a major donation from Sand Hill road venture capitalist and USC trustee Mark Stevens, said Wednesday that it has appointed two directors to the institute. READ MORE>>. MORE >>

A new, Los Angeles startup, ARMORWAY , has spun out of the University of Southern California, the USC Stevens Center for Innovation announced THursday. According to USC, ARMORWAY has been issued an exclusive license to commercialize software to intelligently plan randomized, security patrols for security agencies. READ MORE>>. MORE >>