Drexel Gets Into Early Stage Venture Capital

Drexel University is getting into early-stage venture capital. The school announced Monday the creation of “Drexel Ventures,” a new program designed to incubate and fund new technologies developed by faculty, students and alumni

Dragon Fund, A Drexel University Student-led Fund, Secures $1mm for investment

The student-managed portfolio, called the Dragon Fund, began in 2007 with a $250,000 contribution from Drexel. The university contributed another $100,000 in 2011 and then $500,000 in May. The fund has gained more than $150,000, due to the investments made by the students. “The fund has performed quite well. It has beaten

The Dorm Room Fund, Supported By First Round Capital, Puts $20K Into Student Ventures

Most college dormitories are a mixture of unmade beds, fireproof carpeting, beer pong, ramen noodles and that poster of John Belushi in “Animal House.” Investors want to add two more ingredients: successful start-ups and budding venture capitalists. “We’re trying to help students feel what it is to run a start-up, to take an idea that starts in […]

Drexel University announces new venture fund

Less than a week after Philadelphia Mayor Michael Nutter announced a public-private venture fund, a Philadelphia university said it will launch a venture fund next year. Drexel University president John Fry mentioned the venture fund as part of a presentation mapping out the university’s plans for transforming a section of the surrounding neighborhood into an […]