Hoping to seed the next world-changing idea, New Enterprise Associates is setting up shop at Harvard University.
The new fund, dubbed The Experiment Fund, will include a yet-to-be determined amount carved out of the $2.5 billion NEA XIII.
NEA will invite other investors in coming weeks to participate in the new venture, which will bankroll Boston-area students looking to turn big ideas into big business. NEA doesn’t have a full presence in Boston and will seek at least one local VC firm to provide hands-on support for the newbie entrepreneurs.
To read the full, original article click on this link: NEA Creates Harvard Seed Fund To Back Students' Big Ideas - Digits - WSJ