Tonight in San Francisco, many of the Valley's stars are coming together for the second annual TechFellow Awards, a fellowship designed to help recognize some of the most accomplished leaders in technology ? and to help foster further innovation by granting them $100,000 to invest in startups. The awards program, which TechCrunch co-hosts along with
Founders Fund, has been expanded this year to include
New Enterprise Associates. Together, Founders Fund and NEA will grant each TechFellow $100,000 to invest in a start-up of their choice, which more than doubles how much each winner is being granted. The fund structure has also been adjusted to allow each TechFellow to share in the success of all 2010 TechFellow companies. Last year?s TechFellows helped fund and found fFlick, Bidfire, Quora, Flipboard, HipChat and others (you can see a list of last year's winners
here).
Source: http://feedproxy.google.com/~r/Techcrunch/~3/Nhg7RciSepw/
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