An analysis of a 2005 survey of university based venture funding

The core focus for this research project is to analyze what alternative university based venture based funding mechanisms are currently being used to promote entrepreneurship and regional development, who is managing those funds, what returns are expected, and outcomes of the investments. The research project is intended to provide a benchmark for universities considering financing options for entrepreneurial development. The questions on size, type, qualifications, management, purpose, management and results are all intended to help in the decision making process. The underlying belief is that a venture fund should somehow help accomplish the universities overarching goals. These goals typically include: Educating students; Promoting research/knowledge acquisition; Enhancing economic development; Creating opportunities for students and faculty; Identification of sustainable resources; and Community outreach. The development of venture funds (of whatever type) is seen as a possible alternative method to achieve any or all of these core university goals and the research will tell us the prevailing views of a broad mix of universities.