The University of Minnesota wants to create two venture capital funds to invest in startups that are trying to take university-created technology to market.
The funds could fill a void left by traditional venture capital funding, which has shied away from backing startups and early stage technology companies lately because of the higher risk and the long wait until they pay off.
First, the Board of Regents must approve the concept called MN Ventures and decide how the funds would be supported and managed.
To read the original article: University of Minnesota plans two venture capital funds - TwinCities.com
