Over 200 ventures have applied to Genesis for funding, and the 16 funded companies are working on big data, artificial intelligence, drones, biotech, materials, and consumer packaged goods.
Genesis has funded 35 student entrepreneurs. Of those students, 29 were undergraduate students, and 6 were graduate students.
Genesis companies have collectively secured over $100,000 in follow-on investment after receiving Genesis funding.
Genesis Portfolio founders are diverse. Students majoring in Engineering, Biology, Communications, Nutrition, Business, and Neuroscience have received funding.
Every student Partner in the Genesis Program has made a personal donation to the organization.
Genesis Program is the first of its kind at UT Austin to engage alumni, students, and university leaders to fund and empower student entrepreneurs and investors.