March 19, 2024

Five finalist startup founders pitched for $150,000 equity investments as part of the second cohort of The Drexel University Innovation Fund (DUIF). DUIF launched in 2023 and has announced investments in two Drexel-affiliated startups to date. In preparation for this second cohort, the Innovation Fund operations team received 22 applications from candidate startups, student enrollment in the integrated course with the Charles D. Close School of Entrepreneurship increased by 218%, and the Drexel Applied Innovation entrepreneurial community has continued to grow.

Cohort two was the perfect time to convene startups, students, and the Investment Advisory Committee for an in-person pitch day and happy hour. The event facilitated networking across the breadth of the Drexel entrepreneurial ecosystem and celebrated the fantastic progress made since the Innovation Fund launched in January ‘23.

The next DUIF startup application cycle will launch in June 2024. Drexel innovators are welcome to apply! Visit the website for additional details on qualification

Please see below for our gallery of photos from this event!