Ben-Gurion University of the Negev has announced a university venture fund called Cactus Capital to run in conjunction with a VC investment course for its students.
Ben-Gurion University of the Negev (BGU) is to put $1m into a university venture fund called Cactus Capital to back emerging projects led by university students, recent graduates and other academic entrepreneurs.
The fund will officially launch under BGU’s Center for Entrepreneurship and will invest across three tracks – with two of the strands offering up to $5,000 for nascent tech startups and social impact businesses respectively.
A third tier providing a maximum of $20,000 will be dedicated…
