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June 01, 2023 | Tom Ballard

Students in one of the least populated states want to be #1

Dakota Venture Group at the University of North Dakota is raising what it hopes will be the largest student-operated venture fund in the U.S.

Students at the University of North Dakota (UND), the fourth least populated state in the country, have aspirations to be the biggest in one area.

According to this article from the Grand Forks Herald, they want to have the largest student-run venture fund in the U.S. The Dakota Venture Group (DVG) is already one of the oldest, founded in 2006 through a donation by the Dakota Foundation. Already claiming to be the first completely student-run venture capital investment fund in the Country, DVG allows UND students of all majors to gain hands-on experience in the fields of investing and venture capital. It is advised by prominent business leaders in the community, representing the healthcare, aerospace, and tech sectors.

The new fund named Harvest II has an ambitious goal $5 to $10 million and already reports soft commitments of $500,000 to $600,000.

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