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Blackstone Entrepreneurs Network Launches

Tuesday, April 26, 2011 5:02:00 AM PDT | VentureDeal Staff

   Durham, North Carolina  --  The Blackstone Charitable Foundation has committed $3.6 million to create a new five-year initiative in the North Carolina Research Triangle Region.

Called the Blackstone Entrepreneurs Network, the effort is being implemented through a consortium of major area universities including Duke University, North Carolina Central University, North Carolina State University and the University of North Carolina at Chapel Hill.

The goal of the initiative is to identify and mentor up to 30 startup teams each year for a five year time period.

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