Startups offered the big bucks

Jonathan Kaplan thinks Carnegie Mellon University could become a destination school for would-be entrepreneurs, and he’s willing to put money on that. Kaplan and his wife, Marci Glazer, on Tuesday announced the first recipients of grants from their Open Field Entrepreneurship Fund, and seven of the 10 are located in the Pittsburgh area…
Grant recipients must have graduated from CMU during the past five years. They’ll receive $50,000 and get mentoring from CMU graduates, such as bitly founder Peter Stern and former Sun Microsystems CEO Jonathan Schwartz, and accounting and legal support from the university.