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A student-run venture fund would address this problem head-on. First, a venture fund could disburse its money freely and proportionately instead of prescribing the single lump sum found in business plan competitions. Second, it could more closely simulate the investment climate of post-collegiate entrepreneurship. Third, it would professionally develop the students serving as fund members by teaching them to critically evaluate businesses’ viability, which would also inform their ability to plan successful businesses later on.
Finally and critically, highlighting recently invested ventures would publicize the fund, the University's endorsement of student entrepreneurship, and the ventures themselves.
*Team Leader: TBD