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AUSTIN – The University of Texas System Board of Regents approved an additional $12.5 million for the UT Horizon Fund – a reserve used to invest in ideas and scientific breakthroughs developed at UT institutions.

Originally approved in 2011 as part of UT System Chancellor Francisco G. Cigarroa's action plan for advancing excellence across UT System institutions, this strategic venture fund keeps both the financial investment and returns in Texas and encourages greater commitment by UT institutions to help facilitate collaborations among the System's nine academic universities and six health institutions.

To read the original article: $12.5 million to UT System commercialization fund | University of Texas System