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VC puts up $250k for university spinouts

March 28, 2011 /

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"For small to medium to national organizations, for events and fundraisers of any size, in any format – live, virtual or hybrid – the platform is built for scale."

Many venture capitalists will tell you the quality of the entrepreneur is at least as important as that entrepreneur’s product or idea, if not more. With the inaugural tech transfer event TechStorm, Amplifier Ventures is taking that notion to its logical extreme.

The full-day conference, held June 2 at George Mason University and produced by InnovateTech Ventures, will match representatives from about two dozen universities and labs with entrepreneurs, investors and corporations looking to license new technologies. Cohost Amplifier, an early-stage venture fund based in McLean, is putting up as much as $250,000 in seed funding for a handful of pre-screened entrepreneurs to build companies around the intellectual property they find at the event.

Bill Flook

Full Story: http://www.bizjournals.com/washington/blog/2011/03/vc-puts-up-250k-for-university-spinouts.html

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Prospera helps businesses and communities find their pathway to success, acting as the navigator, problem solver and catalyst for a strong Montana economy.

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