Story excerpt provided by The Plain Dealer.
Written by Robert L. Smith.
After investing in a handful of early-stage companies, a student startup booster at the University of Akron is seeing the first fruits of due diligence.
On Wednesday, the Northeast Ohio Student Venture Fund accepted a check for $25,000 from Wastebits, an Akron company that designs software for the waste management industry.
The check was presented with some fanfare at a meeting of the ARCHAngels Network at Quaker Square. It heralded the first return on a NEOSVF investment.
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Originally published February 20, 2015.