
The US university has partnered with a Silicon Valley-based VC firm to manage the investment fund.
Investors and university tech transfer should educate policymakers on the need for federal funds.
Early-stage VC Velocity manage the independently run fund, which backs spinouts from the Canadian university.
Tech transfer arm Edinburgh Innovations has created a new role of director of venture creation to increase the number of companies it spins out.
The British Business Bank plans to invest in university spinout investment funds outside of the Golden Triangle.
It becomes the fourth academic institution in the north of England to join the university spinout investor.
Van Wensveen worked in commercialisation at Austrialian government research organisation CSIRO for more more than three years before joining the ventures fund.
He will be joining the Mussallem Foundation to work on treatment for children with congenital heart disease.