Knowledge Fund

The Knowledge Fund is a catalyst for the new Nevada. Facilitated by the Nevada Governor’s Office of Economic Development (GOED), it was created to further research, innovation and commercialization at Nevada's research universities and institutions. It was passed by the Nevada State Legislature and signed into law in 2011 as a part of Assembly Bill 499, and received initial funding in 2013.

Return on investment

Nevada Center for Applied Research and the Innevation Center

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$8.7M

Knowledge Fund
investment
over 8 years

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$108M

in venture capital
raised by affiliated
startups

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181

companies, agencies &
orgs engaged through
memberships or agreements

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490+

jobs created
by affiliated
companies

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29

companies with
University-based
operations

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$25M+

in grants,
contracts, gifts
& agreements

As of January 2021

The Knowledge Fund recognizes and strengthens the connection between the research and innovation capabilities of the University and the development of Nevada's new, knowledge-intensive economy. It is an investment in innovation, economic development and workforce development.     — Dr. Mridul Gautam, Vice President for Research and Innovation

The University's Knowledge Fund supported projects