Mark Zupan, dean of University of Rochester, said: "The fund underscores Simon's commitment to providing rigorous and meaningful experiential learning opportunities for our students, and complements Simon's array of entrepreneurship educational options including the School's student startup incubator at High Tech Rochester and the annual Mark Ain Business Model Competition."

The $1m Simon School Venture Capital Fund, a student-run effort of the University of Rochester’s Simon Graduate School of Business Administration, has made its first investment by backing StormBlok Systems, a US-based business that helps protect manufactured homes from hurricane damage.

In September, venture capital firms Excell Partners and the Cayuga Venture Fund invested in StormBlok Systems as part of a $700,000 first close on its series A round.

Mark Zupan, dean of University of Rochester, said: “The fund underscores…