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North Dakota Students Hit The Mark With Country’s Only Totally Student-run/managed Venture Capital Fund

July 22, 2007View for printing

Energy, entrepreneurship, tech savvy, and cash: that’s the dynamite combo for the country’s only totally student-run venture capital fund, the University of North Dakota-based Dakota Venture Group (DVG) .

Seeded with $200,000 from retired venture capitalist Bart Holaday and his wife Lynn, DVG is making major waves in the world of student venture funds. And get this: the five dapper students who run this show as managing directors score zero compensation. The only shiny stuff they get for their efforts is the glow of success, notes Bruce Gjovig, entrepreneur coach and director of the UND Center for Innovation, whose foundation hosts the fund.

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