For entre­pre­neurial stu­dents, there’s a new source of cap­ital on campus this fall: theDorm Room Fund is coming to Boston. The fund, backed by Philadelphia-​​basedFirst Round Cap­ital, will have $500,000 to invest in stu­dent star­tups over the next two years. And a stu­dent invest­ment team will be giving deals the green light.

Stu­dents will have a unique per­spec­tive on these ideas and mar­kets, as well as the teams building the com­pa­nies,” says Phin Barnes, the First Round partner who over­sees the Dorm Room Fund. “We want to give them as much lat­i­tude as we can.” Super­vising the oper­a­tion of the Dorm Room Fund, which already oper­ates in New York, Philadel­phia, and Sil­icon Valley, is CeCe Cheng, right. Cheng says the core of the Boston invest­ment panel mem­bers will come from Har­vard and MIT, “but we will also have an open appli­ca­tion for stu­dents at other schools who want to be on the team.” The panel meets weekly during the school year, and once a month over the summer. They are paid a two per­cent man­age­ment fee to cover their oper­ating costs, such as events and marketing.

Matt Bilotti, Northeastern

Matt Bilotti is a Junior at North­eastern Uni­ver­sity studying Entre­pre­neur­ship and Com­puter Sci­ence. After serving as Pres­i­dent of the NU Entre­pre­neurs Club and Product Man­ager at influencers@, Matt is now a Product Man­age­ment Intern at Hub­Spot. A lover of tech prod­ucts, healthy foods, and his moped, Matt is incred­ibly eager to help the stu­dent entre­pre­neur­ship com­mu­nity in Boston reach new heights.

Casey Hogan, Northeastern

Casey Hogan is a Junior at North­eastern Uni­ver­sity studying Entre­pre­neur­ship and Com­puter Sci­ence. She most recently worked at the New Eng­land Ven­ture Cap­ital Asso­ci­a­tion as their Mar­keting and Member Ser­vices Asso­ciate, and is now the Pres­i­dent of the NU Entre­pre­neurs Club. She’s very excited to use her expe­ri­ences working in star­tups and in the Boston startup com­mu­nity to help stu­dents find the resources they need to build and grow their ideas into suc­cessful ventures.

Read the article at Boston.com →