Official Program PagePrimary Official

Drexel University Innovation Fund

Drexel University

Observed 2026-06-24

Documenting Drexel University

Original article

Drexel University logo

Drexel University

Drexel University Innovation Fund

Official Innovation Fund page. Evergreen venture fund acting as "friends and family investor." $150,000 per startup, up to 4 startups per year. 3 cohorts completed, 6 companies funded. Next round: Summer/Fall 2026. Also provides experiential VC learning for students.

Read on Drexel University

Related in UndergradVC

Source Summary

Official Innovation Fund page. Evergreen venture fund acting as "friends and family investor." $150,000 per startup, up to 4 startups per year. 3 cohorts completed, 6 companies funded. Next round: Summer/Fall 2026. Also provides experiential VC learning for students.

Claims Supported

  • $150,000 per startup investment.
  • Up to 4 startups per year.
  • 3 cohorts completed, 6 startups funded to date.
  • Next application round: Summer/Fall 2026.
  • Student experiential learning component (credit-bearing due diligence course).
  • Developed by Close School, ORI, Provost's Office, and VC alumni advisory group.

Evidence Limits

  • Equity terms (SAFE, convertible note, or equity) not specified.
  • Specific portfolio company names and outcomes not listed.

Related Institution and Programs