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Students Woo Venture Capitalists At UVA - NBC29 WVIR Charlottesville, VA News, Sports and Weather

Students Woo Venture Capitalists At UVA

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The University of Virginia is in the middle of hosting its second annual Venture Summit.

Thursday a panel of venture capitalists offered a window on the future of technology investing. The group represents nearly $20 billion in active capital funds.

More than 100 venture capitalists got to see presentations from four UVA start-ups and five student entrepreneur teams.

"It's very, very important for job creation and economic growth," explained UVA Vice President for Research Tom Skalak. "What happens here is that some of the nation's top venture capitalists can see the ideas that produce the new companies that will drive economic growth."

The summit also showcases the talent that is coming out of the university. The event continues Friday with more presentations.

Reported by Henry Graff
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