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UNC Startup Impact Totals $7B in NC(OT)

DF1972

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http://exitevent.com/article/unc-startup-impact-totals-7b-in-nc-150521

Carolina Research Venture Fund
In January, the Board of Trustees announced the Carolina Research Venture Fund, a pool that will provide financial resources for ventures utilizing university-owned intellectual property.
What do you think?
The purpose of the fund is to provide much needed capital to ventures that have high potential but are too early-stage for most venture capitalists to consider funding. UNC is a top 10 research university and churns out useful research every year that too often is consigned to a shelf. Administrators hope this fund will bridge the gap and help university faculty turn their research into commercially-viable products.
What do you think?
“They (the Board of Trustees) have really proven their commitment to translating ideas into impact for society," said Judith Cone, UNC’s special assistant to the Chancellor for innovation and entrepreneurship, when she announced the fund. "This fund is one piece of that multi-pronged commitment.”
 
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