The InNEVenture Fund is a source of proof-of-concept funding that has been established to help University of Nevada, Reno faculty, students, staff and recent graduates determine if their technologies and business ideas have commercialization potential. The Fund was created to help bridge the funding gap between concept validation and obtaining seed funding for a new venture.
The InNEVenture Fund currently operates on an annual funding cycle, with a call for applications at the beginning of each Fall semester. Applications will not be accepted outside of the funding cycle. The call for applications is open to entrepreneurial efforts across all of the University’s colleges and schools, and can include faculty, staff, students and recent graduates. Teams that represent diversity or a multidisciplinary approach are especially encouraged to apply.
Supported by the Governor’s Office of Economic Development and the State of Nevada Knowledge Fund, the InNEVenture Fund totals $100,000 and is poised to make investments of varying sizes up to that amount.