Its mission is to help students and academics build a company.
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But why is such an initiative needed forAmsterdams ecosystem?
According to Kneppers, there are thousands of researchers but very few companies that are created by them.
What was lacking was a system to bring all this knowledge and talent to market.
Kneppers vision is to bring all the different initiatives of the four universities together under one umbrella brand.
At the moment ACE isnt investing in the startups its helping to build, nor is it a shareholder.
The capital is also as an evergreen fund.
My goal is to make it attractive for people to even consider building a company, Kneppers noted.
Story byIoanna Lykiardopoulou
Ioanna is a writer at TNW.
With a background in the humanities, she has a soft spot for social impact-enabling technologies.
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