The launch of the CWRU Alumni Venture Fund aims to develop and accelerate Case Western Reserve University’s entrepreneurial and innovation ecosystem including students, faculty and alumni.
Objectives of the CWRU Alumni Venture Fund include:
- Elevate student understanding of early stage finance through experiential learning
- Drive strong financial returns, with profits used to fund future investments and support entrepreneurship at CWRU
- Accelerate alumni engagement
- Enhance CWRU entrepreneurship visibility and brand identity
- Support capital formation for CWRU alumni and student startups and CWRU spinouts
The returns-oriented fund has a strong CWRU connectivity through the Veale Institute for Entrepreneurship and the CWRU Chief Investment Officer. It is structured with a $2-5 million target fund size, $50-100k initial investment range, and a max 15% of fund in any one company.
