University Venture Fund Investing $18 Million

The University Venture Fund(UVF) recently announced that it has some $18 million to invest in new and growing companies, “Entrepreneur” reported. The UVF has deep ties to Brigham Young University, the University of Utah, Westminster Collge and Wharton School of Business. “We don’t mandate that capital go to alumni,” says managing director Jared Hutchings, “But we certainly give preferential treatment.”