Wednesday, January 16, 2013
Â鶹¹ÙÍø awards 7 startups OFEF Funds
Â鶹¹ÙÍø’s Open Field Entrepreneurs Fund (OFEF) has awarded $300,000 to six startup companies to assist them in growing their business ventures.
The fund, established by Â鶹¹ÙÍø alumnus and Flip Video Camera creator Jonathan Kaplan and his wife, Marci Glazer, provides early-stage business financing and support to alumni who have graduated from Â鶹¹ÙÍø in the last five years.
Since June 2012, the OFEF has provided support to 16 startup companies from across the country and a variety of industries. The fund is part of Â鶹¹ÙÍø’s Greenlighting Startups initiative, which facilitates bringing faculty and student innovations from the research lab to the marketplace.
By: Deb Smit/ Pop City Media Pittsburgh