Virginia Tech Launches Hokie Ventures LLC

Virginia Techs Athletic Department to Launch Hokie Ventures, LLC: A New Era of Fundraising and Investment Opportunities Virginia Techs athletic department is set to launch Hokie Ventures, LLC, a new entity aimed at boosting fundraising, creating investment opportunities, and managing name, image, and likeness deals for athletes. The startup, which plans to secure a $15.2 million loan, will operate as a for-profit arm, separate from the universitys core educational mission. This move aligns with a broader push to invest more in athletics and fill key leadership positions, as well as the trend of athletic departments forming LLCs to separate commercial activities from education. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e5d171c4c71df851