Loyola University Maryland partners with Wasabi Ventures on an accelerator, strenthening the ties between the firm and the university.

US-based Loyola University Maryland has partnered with venture firm Wasabi Ventures, on an accelerator. Wasabi co-founder Thomas Kuegler was a 1994 graduate from the university and is its entrepreneur in residence.

The accelerator is set to be located in the Govans community of North Baltimore, east of Loyola’s campus.

Brian Linnane, Loyola’s president said: ""This initiative allows us to advance two priorities deeply important to the University. First, it creates new opportunities for our students to think creatively about new products, new markets, and the types of business, marketing, and expansion plans that will help young companies grow, and to apply these ideas to real-world organizations and the entrepreneurs behind them. For those with an entrepreneurial spirit of their own, it can give them a chance to get their own businesses off the ground. Second, it offers Loyola a new way of continuing to contribute to the revitalisation of…

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