Less than a week after Philadelphia Mayor Michael Nutter announced a public-private venture fund, a Philadelphia university said it will launch a venture fund next year.
Drexel University president John Fry mentioned the venture fund as part of a presentation mapping out the university’s plans for transforming a section of the surrounding neighborhood into an “innovation neighborhood.”
The fund will be managed as a subsidiary of Drexel University and will support not only Drexel University’s faculty, students and alumni, but also entrepreneurs in the region.
To read the original article: University to launch venture fund to enhance Philadelphia’s entrepreneur ecosystem | MedCity News
