Startups and Innovations

FINANCING

The ANTrepreneur Center at the University of California-Irvine has received $550,000 from the Blackstone Charitable Foundation.

The funds will be used to add new technology to the facility, host special events and provide travel opportunities for participating students.

“The ANTrepreneur Center is a place where students can get help to develop the skills necessary to start, run or grow their business,” Jaune Odombrown, ANTrepreneur Center manager said in a statement.

He added that, “Using the funds from Blackstone as fuel, we are off to a great head start to begin building our overall brand identity and delivering our value proposition.”

The ANTrepreneur Center works in partnership with UCI Beall Applied Innovation and the UCI Division of Undergraduate Education to instill an entrepreneurial spirit in undergraduate students.

The $5 million donation was divided between the eight UC campuses as an expansion of Blackstone’s LaunchPad program for innovators and entrepreneurs.