The fund seeks inventions, discoveries, products or services that were developed in whole or in part at UMass Lowell, have achieved proof of concept, and are ready for commercial product development. 

Once such a technology has been identified, New Venture Initiative (NVI) partners with UMass Lowell students, faculty, researchers and alumni as well as its strong external network to identify and develop a compelling business plan, strong management team and solid financial backing to launch an independent commercial venture. 

NVI maintains strong partnerships with alumni investors and outside third party traditional angel and venture investors to ensure University-inspired startups receive the complete support they need to succeed.

NVI  Supports:

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