Kansas University receives $100,000 donation from alumnus Clay Blair towards its venture fund.

Kansas University (KU), which is in the process of raising its own university venture fund, has received $100,000 towards its goal from one of its alumni.

Alumnus Clay Blair, a businessman based in Kansas City, made the donation to the KU Venture Fund. Kansas is targeting $1m in total for the fund, with $500,000 provided by the university and the remainder made up from other contributions, such as Blair’s.

The fund will be used to support start-ups and spin-outs coming…