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Xconomy Detroit highlights WSU's Warrior Fund for student entrepreneurs
April 1, 2012
Wayne State University has launched a new pre-seed fund supporting student-run tech startups, the first of its kind in Detroit. The Warrior Fund, which is made possible through a grant from the Michigan Initiative for Innovation & Entrepreneurship, will be administered by the tech transfer office and Blackstone Launch Pad. A total of $25,000 is available for startups, which Andrew Olson, commercialization principal with the tech transfer office, hopes to award $2,500 or $5,000 at a time. The fund will announce its first investment recipient in a few weeks.