UM Student Venture Fund Celebrates 10 Years

The venture capital community is growing in Michigan, especially at the University of Michigan. Excerpt: Charting a course for many of today’s student-led venture capital funds, the Wolverine Venture Fund marks an important milestone — ten years of providing a unique learning experience for University of Michigan Ross School of Business students. Part of the university’s Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies and its Center for Venture Capital & Private Equity Finance, the Wolverine Venture Fund was created in 1998. It was the country’s first student led venture fund and has served as a model for other university programs over the years. Since its inception, the Wolverine Venture Fund has invested in more than 18 companies in a wide range of innovative industries such as information technology, life sciences and alternative energy. The Fund currently has active investments in 12 firms and boasts a rich portfolio of growing companies across emerging industries. Read the rest of the story here.