Venture FundUniversity of North Carolina at Chapel Hill ↗

1789 Student Venture Fund

About the program · 1 linked sources

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.

Also known as: 1789 Fund

How we know this: the figures on this page come from the linked sources (last verified 2026-06-26); what those sources do not state is left unknown.

Key numbers

Funding range

Not listed

Equity

None

Application

Semiannual

Institution Wide

Last activity

2026-06-26

High confidence

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1789 Student Venture Fund

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Program details

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