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The University of Missouri System plans to establish a new three-year, $5 million fund for start-up companies, President Gary Forsee announced Friday in his State of the University address.

The Enterprise Investment Program “is designed to help fund start-up companies in Missouri that can move the discoveries of our faculty from the laboratory to the marketplace,” Forsee said.

He said he anticipates the new fund will leverage the university’s expertise in life sciences, nano science, information technology, engineering, medicine/medical devices and energy.

To read the full, original article click on this link: University of Missouri System to launch $5M business fund - St. Louis Business Journal:

Author: Gary Forsee