UCLA Students Win $250,000 in Venture Capital Competition
A team of four MBA students from UCLA's Anderson School of Management has won the second annual Draper Fisher Jurvetson (DFJ) Venture Challenge business plan competition.
DFJ and its California-based affiliates will invest $250,000 in the students' company. Their venture, Precision Reproduction LLC, will deliver a patented, improved technology for in vitro fertilization to doctors and clinics. A venture capitalist from DFJ or one of its affiliates may also join the board of Precision Reproduction.
Silicon Valley-based DFJ, a leading firm in early stage venture capital, invites the winners of business plan competitions at California universities and colleges to participate in the Venture Challenge each year. Fifteen teams participated in this year's contest. The six finalists came from UC Berkeley, Stanford, California Tech, and USC as well as UCLA.
Source: "Draper Fisher Jurvetson Awards UCLA Student Team with $250,000 Investment in Second Annual Venture Challenge" - press release, DFJ (Menlo Park, CA), June 5, 2006
DFJ and its California-based affiliates will invest $250,000 in the students' company. Their venture, Precision Reproduction LLC, will deliver a patented, improved technology for in vitro fertilization to doctors and clinics. A venture capitalist from DFJ or one of its affiliates may also join the board of Precision Reproduction.
Silicon Valley-based DFJ, a leading firm in early stage venture capital, invites the winners of business plan competitions at California universities and colleges to participate in the Venture Challenge each year. Fifteen teams participated in this year's contest. The six finalists came from UC Berkeley, Stanford, California Tech, and USC as well as UCLA.
Source: "Draper Fisher Jurvetson Awards UCLA Student Team with $250,000 Investment in Second Annual Venture Challenge" - press release, DFJ (Menlo Park, CA), June 5, 2006
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