The newly formed Joan and Tim Fenton Founders Fund, made possible by a $5 million investment from the Joan and Tim Fenton Family Foundation, will support student-founded startups coming out of the University of Utah.
This innovative fund will serve as an accelerator for promising businesses that are at an earlier stage than might typically be of interest to traditional venture capital funds.
You can read more about the fund in this article in the Deseret News or by reading the full press release.