Twente University imports the student-led venture fund model from across the Atlantic.
The student-led university venturing fund is making its debut in Europe.
The Dutch Student Investment Fund, launched by Twente University, is the first of its kind on the continent after the launch of several similar funds in the US, including Johns Hopkins’ recent A-Level Capital and the well-established trio of student-led venture funds at Michigan, most notably Wolverine Venture Fund.
The fund will typically invest between €25,000 ($27,910) and €100,000 at the early stage, and is planning to invest in student startups coming out of Twente and partner institution Saxion Academy, as well as those launched by recent alumni. An overall size of the fund was not disclosed, and a long term strategy is still in the works.
The fund has already made its first investment of €40,000 into medtech startup LipoCoat, which is making skin friendly coatings for other medical appliances.
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