UC to create $250 million venture capital fund – SFGate

“Seeking to boost entrepreneurship, the University of California will create a $250 million venture capital fund to invest in inventions developed by students and faculty.

The UC Board of Regents voted Wednesday to start the fund, which will support work at the system’s 10 campuses, five medical centers, three national laboratories and more than 20 incubators and accelerators.”

via UC to create $250 million venture capital fund – SFGate.