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Sponsorship

Featured partner placement

Sponsor Drexel University once and your brand appears on the Drexel University page and across every one of its programs and student-startup pages — not just this page.

Venture FundDirect fundingEquity takenVerified

Drexel University Innovation Fund (DUIF)

Also known as: Drexel Innovation Fund

Drexel University · Philadelphia, PA

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.

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Quick fit check

  • Offers direct funding
  • Takes equity
  • Currently active
  • Verified by research

Key numbers

Funding range

$150,000 – $150,000

Investment

Equity

Equity taken

Application

Annual

Campus Wide

Last activity

2026-06-24

High confidence

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.

See every startup

Ultrafix

$150,000

prize won

Drexel University

Competition winner

Orthopedic surgical device startup. Received $150K from the Drexel University Innovation Fund in 2025.

Historical winners (research notes)
  • Ultrafix — Orthopedic surgical device startup ($150K, founded by Sorin Siegler PhD).
  • 5 additional funded startups (names not publicly listed).

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