Mississippi University alumni-backed Rebel Venture Capital Fund searches for students looking to launch startups.

Rebel Venture Capital Fund, an investment vehicle driven by Mississippi University alumni, is on the search for startups from the institution.

Despite being independent from Mississippi, Rebel’s investment strategy is focused squarely on businesses coming out of the university, and any proceeds from the fund will be donated back to the institution.

The fund has already invested in two companies, and is looking to make grants of $2,000 – $5,000 available to more student startups over the coming months.

Bill Fry, a member of Rebel’s advisory board, said: “We hope that the businesses we fund are successful and really make money. We want the students to get rich and donate some of that money back to Ole Miss. If not, we hope the students learn valuable lessons that make them successful in another venture down the road.”