ASU receives $1 mln to form new VC fund

Arizona State University has received a $1 million grant from the Maricopa County Industrial Development Authority to launch a VC fund. The target is $10 million. According to ASU, the pool will focus on companies that have been aided by ASU-supported accelerator programs. The fund will make investments ranging from $50,000 to $250,000 in selected companies.

13 February 2014•5 mins read
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