Oversight & Governance

Collegial Partners

Collegial Partners are business angels and venture capitalists who introduce Student General Partners (GPs) to investment opportunities and advise them on the requirements of due diligence.  Collegial Partners engage Student GPs to conduct due diligence, and can invite Student GPs to invest alongside their own investment activities.

Mentors

Student GPs are mentored by a collection of international industry professionals including: venture capitalists, business angels, professors, lawyers, accountants, other private equity specialists, and fund sponsors. 

Governance

The Governance Committee oversees the regular and ongoing activities of the Student GPs in Venture Grade.  Students must have the approval of the Governance Committee to conduct an investment.  Students have a fiduciary responsibility to the fund, its future development, and to the future consideration of students yet to come.  The Governance Committee is composed of:  Ellen Farrell, PhD; Andrew Ray, Innovacorp; and Patrick Fitzgerald, Cox and Palmer.

Investments

Investments are made in $5,000 increments in convertible debentures or equity shares. 

●     Investments are made only when viable opportunities exist which precludes a predictable number of investments per semester or per term.

●     Made in the Atlantic Region and are based on opportunity availability which also precludes any predictable location.

Reporting

Reporting consists of quarterly reports provided to the Governance Committee and the Collegial Partners, and annual reports to Funders and Mentors and the University’s Board of Governors.