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University launches $1.5M venture fund to encourage innovation, collaboration

"State funding for higher education has dropped more than $160 million since 2009, and we must find new ways to maintain quality and preserve access in response to the long-term trend of public divestment in higher education,"

"The goal of this new venture capital fund from the CSU System is to incubate and nurture ideas, programs and innovations that will make us better and help build a more durable and entrepreneurial university system that will continue to serve Colorado now and in the future."

Full Story: http://www.denverijournal.com/article.php?id=8620

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