UM Student Venture Fund Celebrates 10 Years

Wednesday, December 10, 2008 | Source: Great Lakes IT Report
The venture capital community is growing in Michigan, especially at the University of Michigan.

Excerpt:

Charting a course for many of today's student-led venture capital funds, the Wolverine Venture Fund marks an important milestone -- ten years of providing a unique learning experience for University of Michigan Ross School of Business students.

Part of the university's Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies and its Center for Venture Capital & Private Equity Finance, the Wolverine Venture Fund was created in 1998. It was the country's first student led venture fund and has served as a model for other university programs over the years.

Since its inception, the Wolverine Venture Fund has invested in more than 18 companies in a wide range of innovative industries such as information technology, life sciences and alternative energy.

The Fund currently has active investments in 12 firms and boasts a rich portfolio of growing companies across emerging industries.

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Related Tags

Higher Education, Investment, University Of Michigan, Venture Capital 

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