New Venture Funds

The program is designed to give U of L people the best possible opportunity for success as their entrepreneurial discoveries convert to profitable enterprises. Its purpose is to provide a seamless, simple route for University of Louisville faculty, staff, students and alumni to take their innovations to the marketplace. The program does this by providing business assistance and, in most cases, investment capital. The Foundation anticipates that its investments will benefit U of L by returning income to its foundation, which will further support the University’s mission.

“One of the ways the Foundation helps the University and its strategic priorities is by supporting the link between academic research and the private sector. The Foundation has earmarked approximately $3 million for new ventures program, which will be used to help faculty, staff, students and alumni take their inventions and research out into the private sector. The Foundation provides investment capital in the early stages of a research-related business, which can make all the difference.”
-Dr. Nancy Martin, Senior Vice President of Research