Drexel University Innovation Fund (DUIF)
About the program · 1 linked sources
Evergreen venture fund for early-stage Drexel-affiliated startups. Acts as "friends and family investor" — first money in. Provides $150,000 per startup, up to 4 startups per year. 3 cohorts completed, 6 startup companies funded to date. Next application round anticipated for Summer/Fall 2026. Also features experiential learning component where students perform VC due diligence through credit-bearing courses and present to the Investment Advisory Committee.
Also known as: Drexel Innovation Fund
How we know this: the figures on this page come from the linked sources (last verified 2026-06-24); what those sources do not state is left unknown.
Key numbers
Funding range
$150,000
Investment
Equity
Equity taken
Application
Annual
Campus Wide
Last activity
2026-06-24
High confidence
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Drexel University Innovation Fund (DUIF)
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Student experiences · Read or add a note
Student notes
Drexel University Innovation Fund (DUIF)
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Application and Timing
Annual cycle. Next round: Summer/Fall 2026. Selection by Investment Advisory Committee comprising industry experts and early-stage investors.
Participants
Early-stage Drexel student and postgraduate-led startups, and startups commercializing Drexel research.
Funding and Equity
$150,000 per startup investment. Equity terms not publicly specified (SAFE, convertible note, or equity). Evergreen structure — returns reinvested into future startups.
Recent Activity
- 2026: 3 cohorts completed, 6 startups funded.
- 2025 (Jan): Ultrafix (orthopedic medical device) selected for Innovation Fund support ($150K).
- Ongoing: Student due diligence course active.
Known startups and winners
Competition winners and notable student ventures from our research.
Historical winners (research notes)
- Ultrafix — Orthopedic surgical device startup ($150K, founded by Sorin Siegler PhD).
- 5 additional funded startups (names not publicly listed).
Research gaps & things to verify
Verification Gaps
- Equity terms and investment structure not publicly specified.
- Full portfolio company list not available.
- Total fund size (AUM) not disclosed.
Additional research notesShow
Evidence
- 2026-06-24-drexel-innovation-fund
- Drexel University Startup Intelligence Report
News & articles
News articles and official sources documenting Drexel University Innovation Fund (DUIF) at Drexel University.
1 source
