University of Chicago has debuted an accelerator to develop and fund artificial intelligence and data science startups, including those focused on healthcare, Becker’s reports.
The Transform project will pick 20 startups to receive about $250,000 in total investment each, with $25,000 in funding, credits for Amazon Web Services and Google for Startups, workspace, and access to industry, technical and student advisers. The program will be housed at the Deep Tech Ventures initiative at the Polsky Center for Entrepreneurship and Innovation.
Deep Tech Ventures also plans to raise $25 million to support startups with seed money and series A funding rounds. Read more.