Harvard Innovation Labs supports Harvard innovators by providing guidance, community, funding, and resources to help transition ideas into ventures. The initiative assists creators at every stage of the innovation process, fostering an ecosystem for entrepreneurial development. In 2020, the Labs continued its mission of empowering innovators across Harvard’s academic and research communities.
Harvard faculty, researchers, and staff collaborate with hospitals, first responders, and local leaders in Greater Boston to address the COVID-19 pandemic. The university’s expertise spans medical research, public health initiatives, and direct support for frontline efforts. Initiatives involve coordinating resources and knowledge to aid the regional response.
Harvard Innovation Labs launches the **Allston Venture Fund** and **Social Impact Fellowship Fund**, allocating **$7 million** in combined investments and grants to ventures led by Harvard-affiliated founders. The funds support early-stage startups and social impact projects emerging from the university’s innovation ecosystem. Both initiatives aim to accelerate high-potential ventures with direct financial backing and mentorship.
Oct 2019Harvard Innovation LabsNews article
Allston Venture Fund
Allston Venture Fund is an investment collaborative that combines pre-seed funding with equity-free grants. It directs these two forms of support to ventures led by Harvard students.
