William C. Norris Institute

Innovation through Entrepreneurship

The William C. Norris Institute continues the legacy of the founder of Control Data Corporation by supporting the startup and growth of visionary Minnesota companies. The Institute’s seed capital fund invests in innovative companies that are in the early stages of commercializing proprietary products and/or services. Breakdown of investments by industry are:

  • Information technology (software or web) – 21 companies
  • Health (medical device, pharma, health care IT – 10 companies
  • Clean technology (environmentally safe products, resource conservation, alternative fuels) – 7 companies
  • Security – 2 companies
  • Consumer services – 2 companies
  • Consumer products – 2 companies

Since joining the University of St. Thomas in 2001, the Norris Institute has:

  • Invested in 47 new ventures, 23 of them founded by St. Thomas students and alumni
  • Invested more than $4 million in seed capital, leading to over $58 million in additional capital from later investors
  • a projected total exit value of equity in portfolio companies of $12.5 million

For more information

For further information or to submit a business plan executive summary for potential investment review, please contact:

Bruce Nordin
Executive Fellow & Director
Bruce.Nordin@stthomas.edu
(651) 962-4092