Washington University in St Louis is to launch grant scheme called Holekamp Seed Fund to back student entrepreneurs with a $500,000 donation from the Holekamp family.
Washington University in St Louis is to launch the $500,000 Holekamp Seed Fund program to provide up to 20 grants to student entrepreneurs each year, the St Louis Post-Dispatch reported yesterday.
The vehicle has been endowed by the Holekamp family and will award $1,000 grants with no conditions attached, though investees will be encouraged to repay in $200 annual instalments after graduation.
Cliff Holekamp, professor of entrepreneurship at Washington’s Olin Business School and partner at VC firm Cultivation Capital, will…
