University Growth Fund

University Growth Fund (UGF) is a student-run venture capital firm based in Salt Lake City, Utah, dedicated to providing early-stage technology companies with the capital and resources needed for growth.

UGF operates across various sectors, including technology, consumer products, semiconductors, and enterprise software, focusing on companies at different stages, from seed to pre-IPO. The firm emphasizes a collaborative approach, partnering with other investors to add value to its portfolio companies.

Established in 2022, UGF has grown to manage over $50 million in committed capital, with investments from notable entities such as Ally Financial Inc., Sallie Mae Bank, Lending Club, Arvest Bank, Continental Bank, and ATHOS. The firm has expanded its operations to Atlanta, Georgia, to provide more Black and Brown students with access to the venture capital field, aiming to diversify the industry and create pathways for underrepresented groups.

UGF's mission extends beyond financial investment; it offers students hands-on experience in venture capital through educational workshops and competitions, fostering the next generation of investors and entrepreneurs. The firm operates offices in Salt Lake City, Utah; Atlanta, Georgia; and San Diego, California, reflecting its commitment to supporting diverse and innovative startups across the United States.