Virginia Magazine - More than Money

Virginia Magazine | Summer 2018

By: Janine Latus

The Grounds are rich soil for innovation, made richer by a seed fund that helps University- affiliated ideas grow until they are successful enough to attract other funding.

The UVA Licensing & Ventures Group Seed Fund, begun in 2016 with $10 million from the UVA Health System and unrestricted private funds, provides more than money, though. It also has the potential to connect people with ideas to a vast network of alumni talent—people who could advise and invest, open doors, lend industry expertise, and serve as board members. 

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