Sponsorship

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Venture FundNo equityVerified

1789 Student Venture Fund

Also known as: 1789 Fund

University of North Carolina at Chapel Hill · Chapel Hill, North Carolina

The 1789 Student Venture Fund provides seed funding for UNC-Chapel Hill students to build commercial and social startups. Founded by Jim Kitchen, professor at Kenan-Flagler Business School and active angel investor. The fund is part of the 1789 Hub, UNC's student innovation incubator community.

Quick fit check

  • No equity required
  • Currently active
  • Verified by research

Key numbers

Funding range

Equity

None

Application

Semiannual

Institution Wide

Last activity

2026-06-26

High confidence

Key Details

  • Founded: 2021 (by Jim Kitchen)
  • Total awarded: $174,834 to 137 teams (as of FY2025)
  • Follow-on funding: $2M+ raised by funded teams
  • Cycles: Two per year (fall: Aug 15-Oct 1, spring: Jan 1-Feb 15)
  • Eligibility: Current UNC undergrad and graduate students
  • Average cycle: 18 winners, ~$27K total per cycle
  • Use of funds: Prototyping, product development, app/website, customer discovery, licensing, marketing, supplies
  • 1789 Hub: Virtual student innovation community with ~20 mentors

News & articles

News articles and official sources documenting 1789 Student Venture Fund at University of North Carolina at Chapel Hill.

1 source