Mookerji Innovation Fund (MIF) Program
At KSU
Our Impact Report on fostering student and alumni entrepreneurship.
Introduction
The Mookerji Innovation Fund (MIF) was established in 2021 to provide Kennesaw State University (KSU) students and recent alumni with seed capital to
launch scalable, fundable ventures across all disciplines. This fund plays a pivotal role in enabling many first-generation college students to access essential capital for testing concepts, building prototypes, conducting customer discovery, and refining product-market fit. Without our support, many aspiring entrepreneurs would lack the financial resources to pursue these critical startup activities.
Program Strategy & Structure
Venture Capital Best Practices
Our program follows best practices from the venture capital
community, focusing on funding ventures based on their market
potential rather than the quality of presentation. We offer mentorship
and coaching to student entrepreneurs, assisting in team development and business organization to accelerate growth effectively.
Evaluation Process
Participants apply to our program with a basic level of pre-work, meet
with an advisor, and prepare for a venture capital-style presentation. A panel of external business professionals evaluates funding requests and determines investment levels based on the venture's stage and needs.
Three-Stage Funding Model
Concept Validation
Customer and solution prototypes.
Business Model Validation
Refining and validating revenue and
operational models.
Customer Growth Acceleration
Expanding market reach and scaling
operations.
Impact & Success Stories
We have successfully nurtured several high-potential ventures, including:
Happy Doc – An AI-driven veterinary industry solution that has secured $2.5M in venture capital funding, acquired 225 customers in the past year, and achieved $850K ARR.
Generalized Robotics – AI-enabled law enforcement video solutions gaining traction with Atlanta law enforcement agencies and external investors.
Theta Informatics – Developing GPS technology receiving significant interest from the Department of Defense.
APEX Innovation – Expanding its VR training solutions into the energy sector.
Studio Grim – A game development company selected as a development partner by Microsoft’s Xbox team.
C & P Prosthetics – Pending $500K investment in legal review.
Since our inception, we have reviewed and mentored 154 companies seeking funding consideration with 55 Funding events. The Mookerji Innovation Fund continues to be a catalyst for innovation and economic growth at Kennesaw State University. Through our strategic funding, mentorship, and a robust venture capital framework, we empower student entrepreneurs to transform their ideas into successful businesses, further strengthening the entrepreneurial
ecosystem at KSU.
Funded Companies & Milestone Progress
Right Hand Ruler LLC
Funding Rounds: 1
Description: Physical Model Aid for Engineering and Physics Students.
Litigence Inc
Funding Rounds: 1
Description: Optimization System for IP.
Tempo Automation LLC
Funding Rounds: 1
Description: Unique Loading System for Unbundled Freight.
Carter C Tech LLC (EcoLyfe)
Funding Rounds: 1
Description: Energy Optimization System for Electric Consumption
Monitoring.
C & P Prosthetics
Funding Rounds: 1
Description: Patented Joint for Arm and Wrist Prosthetics.
Renderview
Funding Rounds: 1
Description: Electronic Event Ticketing system.
Fanfundr
Funding Rounds: 3
Description: E-commerce Platform for Event Curation for Retail VIP
Customers.
BeBop
Funding Rounds: 1
Description: Electronic Gaming Publication Platform.
Theta Informatics
Funding Rounds: 2
Description: GPS technology innovator.
ESI
Funding Rounds: 1
Description: Exo - Skeleton System for Human Performance Training.
EZ Sheets
Funding Rounds: 1
Description: Integrated Sheet system for Hospitality Industry.
Studio Grim
Funding Rounds: 3
Description: Game development company partnered with Microsoft
Xbox.
HappyDoc
Funding Rounds: 3
Description: AI scripting solutions for veterinary professionals.
Black Diamond Accessories
Funding Rounds: 2
Description: Military tech company specializing in M-Lok rail system rifle
accessories.
Schoolconomy Inc
Funding Rounds: 3
Description: Gamified academic rewards platform.
RVRS Tech LLC
Funding Rounds: 1
Description: Innovative phone camera accessory.
HUBS
Funding Rounds: 1
Description: E-commerce platform bridging influencers and
marketplaces.
Totally Tutoring
Funding Rounds: 2
Description: Special education software platform.
Generalized Robotics
Funding Rounds: 3
Description: Robotics-driven innovation in high-barrier markets.
Together
Funding Rounds: 1
Description: Social platform connecting newcomers in cities with trusted
connections.
Blimish
Funding Rounds: 1
Description: Mental health support and connection platform.
Good Gains
Funding Rounds: 2
Description: Blockchain platform for NFT and gaming communities.
Hermes
Funding Rounds: 2
Description: Autonomous driving systems.
Render Health Technologies
Funding Rounds: 3
Description: ERP medical system for emerging international healthcare
markets.
Linqd
Funding Rounds: 1
Description: ERP software platform for the construction industry.
C & P R & D
Funding Rounds: 1
Description: Patent-developed products for the robotics industry.
Swales Innovation
Funding Rounds: 1
Description: Mechanical joint with 3-axis linear rotation for machines.
Snap Movies (now Sifter)
Funding Rounds: 3
Description: AI-powered media recommendation platform.
APEX
Funding Rounds: 3
Description: Develops Virtual Reality systems for industrial training.
"Sweetroll, LLC
Funding Rounds: 1
Description: SME Marketing Platform.
Insights
Funding Rounds: 1
Description: Patent identification and Market Valuation System.
Creative Critique
Funding Rounds: 1
Description: Online collaborative Platform for Designers.
Corrupted Media
Funding Rounds: 3
Description: Innovative E-Sport System.
Upcoming Investments
The following companies are in the pre-funding stage or expected to receive funding soon: