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CHAPEL HILL: UNC-Chapel Hill creates $5 million startup fund – NewsObserver.com

By January 23, 2015No Comments
North-Carolina-UNC-Chapel-Hill-logo

North-Carolina-UNC-Chapel-Hill-logo

UNC-Chapel Hill has created a $5 million fund to help startups commercialize technology developed at the university.

The new Carolina Research Venture Fund, an initiative of the university’s board of trustees, aims to address the dearth of seed funding available to startups. A long-standing maxim in the startup world is that the first infusion of cash is the toughest to raise.

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