Georgia Tech Edison Fund

November 9th, 2007 • Entrepreneurship + Startups, Technology, Venture Capital
Tags: Georgia Tech, seed investing, Venture Capital

I just stumbled upon this news release and I must say, I’m pretty impressed. I advocated something like this years ago but I could never get it to happen. It probably helps that Stephen Fleming, Georgia Tech’s chief commercialization officer, headed up this effort to get this done. In a nutshell, Georgia Tech is going to run an early seed stage investment fund with money coming from the Charles A. Edison Fund as well as private donations (they are a 501(c)3 so donations are tax deductible). They’ll invest up to $250k in a company but perhaps the most impressive part of the fund is this:

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