[ibimage==22056==Original==none==self==null]$1.5M venture fund created to encourage innovation, collaboration
FORT COLLINS - The Colorado State University System today announced the creation of a $1.5 million venture capital fund to support innovation and promote collaboration in higher education.
“State funding for higher education has dropped more than $160 million since 2009, and we must find new ways to maintain quality and preserve access in response to the long-term trend of public divestment in higher education,” Chancellor Mike Martin said. “The goal of this new venture capital fund from the CSU System is to incubate and nurture ideas, programs and innovations that will make us better and help build a more durable and entrepreneurial university system that will continue to serve Colorado now and in the future.”
The CSU System Venture Capital Fund is open to students, staff, faculty of the CSU System, and projects, programs or initiatives of up to $500,000 will be considered...