George Shultz Innovation Fund
About the program
George Shultz Innovation Fund
Proof-of-concept to early-stage deep tech fund providing non-dilutive grants up to $250K. Over 15 years, the fund has invested $10.4M in 83 startups that have gone on to raise $327M+ in follow-on funding.
Also known as: Shultz Innovation Fund, Innovation Fund
Key numbers
Funding range
Not listed
Funding available
Equity
None
Application
Rolling
Rolling · Faculty, Alumni · Institution Wide
Last activity
2026-07-13
Active
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Startups
CavilinQ
Quantum computing hardware; George Shultz Innovation Fund investee ($150K) that raised an $8.8M seed round (UChicago).
Parasol Medtech
Medical device venture; $250,000 George Shultz Innovation Fund investee 2026 (UChicago).
Signl
$250,000 George Shultz Innovation Fund investee 2026 (UChicago).
StaC12
Diamond semiconductor materials; $250,000 George Shultz Innovation Fund investee 2025 (UChicago).
Theta Neurotech
EEG-based seizure prediction; $200,000 George Shultz Innovation Fund investee 2025 (UChicago).
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