Plans of developing seed funds for on- campus startups is an excellent idea, which will foster and promote entrepreneurship in new ways.
https://www.fis.dowjones.com/WebBlogs.aspx?aid=DJFVW00020100723e67q000gp&ProductIDFromApplication=&r=wsjblog&s=djfvw
The only hope is that getting a slice of those funds should not be yet another bureaucratic process.
Processes should be in place to pick the right group/student/professors.
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