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14 U of T startups receive support from Lo Family Social Venture Fund: Betakit

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Olugbenga Olubanjo, the CEO of the startup Reeddi, is one of 14 U of T entrepreneurs who received funding through the Lo Family Social Venture Fund (photo by Daria Perevezentsev)

More than a dozen University of Toronto startups – all focused on making a global social impact – have received support through the Lo Family Social Venture Fund, .

The 14 winning ventures include: Ryan Tam’s startup Aerlift, a drone-operated delivery system that helps governments provide health care to remote populations; Olugbenga Olubanjo’s Reeddi, which has developed a tool that provides clean and affordable electricity to individuals, households and businesses operating in energy-poor regions of the world; and Jamie Lee’s Swate, a mobile app that uses grocery inventory tracking technology to provide recipe and meal plan recommendations so individuals can decrease household food waste.

provides support for social startups launched by U of T students or recent graduates that will have a positive impact the global community, with a particular focus on Asia.

Awards for undergraduate students can be up to $15,000 while graduate students are eligible to receive as much as $30,000.

 

 
UTC