Ven­ture cap­i­talist and North­eastern Uni­ver­sity grad­uate Richard D’Amore ’76 has pledged $5 mil­lion to his alma mater to sup­port inno­va­tion, entre­pre­neur­ship and research. Inspired by Northeastern’s track record of pro­ducing inno­va­tions and grad­u­ates that con­tribute to the economy, D’Amore intends the gift to serve as a cat­a­lyst for inno­va­tions that drive eco­nomic growth and create jobs.

The dona­tion from D’Amore, gen­eral partner at North Bridge Ven­ture Part­ners, will estab­lish the Anthony and Mary D’Amore Inter­dis­ci­pli­nary Inno­va­tion Fund, named in honor of the donor’s par­ents, who placed tremen­dous value on edu­ca­tion. The fund will be used to pro­mote entre­pre­neurial research activ­i­ties that take place at the inter­sec­tion of aca­d­emic disciplines.

North­eastern is an insti­tu­tion that gen­er­ates ideas and pro­duces entre­pre­neurs who turn those ideas into busi­nesses that fuel our economy,” said D’Amore. “The uni­ver­sity has a his­tory of edu­cating entre­pre­neurs, such as Richard Egan,Roger Marino and Robert Shillman—people who have taken their North­eastern edu­ca­tion and cre­ated vibrant, inno­v­a­tive busi­nesses in our region. We need to make more of this pos­sible, par­tic­u­larly through inter­dis­ci­pli­nary work, which is where the greatest dis­cov­eries and inno­va­tions will be cre­ated in the years to come.”

Local busi­nesses founded by North­eastern alumni include EMC Corp., Cognex and Thermo Elec­tron. The university’s Col­lege of Busi­ness Admin­is­tra­tion was recently rec­og­nized by “Entre­pre­neur” mag­a­zine and “The Princeton Review” as one of the top under­grad­uate entre­pre­neur­ship pro­grams in the country. “Busi­ness Week” mag­a­zine also recently rec­og­nized Northeastern’s busi­ness pro­grams in its latest national rank­ings, including ranking North­eastern number one in the country in busi­ness edu­ca­tion internships.

Richard D’Amore is an out­standing example of someone who has turned inno­va­tion and entre­pre­neur­ship into a remark­able career that has launched count­less suc­cessful ven­tures, both here in greater Boston and around the world,” said North­eastern Pres­i­dent Joseph Aoun. “We are deeply grateful for his com­mit­ment to North­eastern and his con­fi­dence in our ability to create and trans­late knowl­edge at the inter­sec­tion of disciplines.”

D’Amore’s com­mit­ment to fos­tering entre­pre­neur­ship has inspired him to give back to his alma mater before, when his joint con­tri­bu­tion with Alan S. McKim ’88 estab­lished the McKim-D’Amore Dis­tin­guished Pro­fes­sor­ship of Global Man­age­ment and Inno­va­tion. Moti­vated by their former professor’s accom­plish­ments and con­tri­bu­tions at North­eastern and in the busi­ness com­mu­nity, the two former stu­dents of Dis­tin­guished Pro­fessor Daniel McCarthy endowed the position.

Richard D’Amore has been a ven­ture cap­i­talist for more than two decades. He co-​​founded North Bridge in 1994 and con­tinues to serve as a gen­eral partner. In addi­tion, he serves as a director of Phase For­ward, Inc. and Veeco Instru­ments Inc. and sits on the board of a number of pri­vate companies.

D’Amore earned a B.S. from North­eastern, summa cum laude, in 1976 and an M.B.A. from Har­vard Busi­ness School, where he was a Baker Scholar.