Tsinghua University establishes fund for entrepreneurial alumni

Tsinghua University has set up an alumni fund to assist students in starting their own businesses. The fund has a basic investment of RMB 30 million (USD 5 million) from 20 alumni and Tsinghua Holdings Co., Ltd., a state-owned limited liability corporation funded by Tsinghua University. The supported program team must have at least one member studying in Tsinghua or recently graduated.

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