Illinois-based Northwestern University is launching 'Garage', a student startup incubator modelled on similar incubators at Harvard and Stanford.
Northwestern University (NU), a private research university in Illinois, US, is launching a startup incubator named ‘Garage’ later in 2014. It will be partly financed by NU trustees Michael Ferro and Pat Ryan, who are each donating $2m.
Garage is modelled on similar incubators at Harvard University – the Innovation Lab – and at Stanford University – the Design School, and inspired by the 1871 incubator, which describes itself as ‘Chiacgo’s entrepreneurial hub for digital startups.”
The launch results from a recent drive, led by NU President Morton Schapiro, to support innovation across the campuses in Evanstaon and Chicago.
