The Seahawk Fund will fund start-ups and be part of the school's Center for Innovation and Entrepreneurship (CIE) and UNCW Research Foundation.

US-based University of North Carolina Wilmington (UNCW) has helped set up a university venturing fund to “support business and economic development” in the Wilmington area.

The Seahawk Fund will fund start-ups and be part of the school’s Center for Innovation and Entrepreneurship (CIE) and UNCW Research Foundation. However, the Seahawk Fund itself is not the university’s directly, but rather that it is privately run and affiliated with UNCW through a public-private partnership.

The CIE will house the university’s Small Business and Technology Development…