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$5M University of Utah fund set to turbocharge startups, real-world student experiences

New University of Utah fund will turbocharge startups, student experiences

A $5 million investment fund backed by Utah philanthropists Tim and Joan Fenton is aiming to not only back startups coming out of the University of Utah network but also give students real-world experience in analyzing and vetting the companies most worthy of venture investment. Profits will be pushed back into the fund to grow and sustain the program amid a burgeoning entrepreneurial ecosystem at the school.

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