CMU awards 7 startups OFEF Funds -Project Olympus - Carnegie Mellon University

Wednesday, January 16, 2013

CMU awards 7 startups OFEF Funds

CMU’s Open Field Entrepreneurs Fund (OFEF) has awarded $300,000 to six startup companies to assist them in growing their business ventures.

The fund, established by CMU alumnus and Flip Video Camera creator Jonathan Kaplan and his wife, Marci Glazer, provides early-stage business financing and support to alumni who have graduated from CMU in the last five years.
Since June 2012, the OFEF has provided support to 16 startup companies from across the country and a variety of industries. The fund is part of CMU’s Greenlighting Startups initiative, which facilitates bringing faculty and student innovations from the research lab to the marketplace. Read More...

By: Deb Smit/ Pop City Media Pittsburgh