USTAAR: Empowering Student Ventures at the U

Exterior of the student center at University of Miami Coral Gables Exterior of the student center at University of Miami Coral Gables
Igniting Innovation, Fostering Entrepreneurship

USTAAR is a University of Miami initiative supported by the Alvarez Fund and led by Dr. Suhrud Rajguru, fostering a multidisciplinary student accelerator program within the Office of the Vice Provost for Research and Scholarship. The primary focus is on providing financial and resource support for student design projects, technology transfer, and the commercialization of start-up companies arising from the university. The initiative aims to cultivate innovation, stimulate technology transfer, and promote entrepreneurship among students.

Elevating future generations of student entrepreneurs

The University of Miami has long empowered aspiring engineers, architects, and entrepreneurs from all disciplines to develop design ideas as part of their coursework and capstone projects.

The next step—the ability to launch student-created concepts in the marketplace—has received a significant boost with a $5 million pledge from University alumnus Angel Alvarez, founder and chairman of ABB OPTICAL, and his family to establish the University Student Startup Accelerator or USTAAR.

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A $5 million pledge from alumni brothers Angel and Victor Alvarez will propel the University of Miami toward the front ranks of institutions that nurture student-led startups.