Draper Foundation commits $2.5M to expand UT Dallas for student entrepreneurship pipeline

The Draper Foundation has announced a $2.5 million, five-year commitment to The University of Texas at Dallas in Richardson, Texas, to expand the university’s entrepreneurship ecosystem. The funding will support the Institute for Innovation and Entrepreneurship and the Naveen Jindal School of Management, helping students launch startups and bring innovations to market. The gift has expanded the Draper Pitch Competition and established the Startup Founders Awards, providing seed funding, mentorship, and accelerator programming. The initiative aims to strengthen UT Dallas’ pipeline of founders and accelerate venture creation across multiple industries.

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Draper’s $2.5 Million Gift Fuels Entrepreneurial Ecosystem

Press Release

University of Texas at Dallas

Graphic created from original photo. Credit: Pexels/Tima Miroshnichenko

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