The Newman Entrepreneurial Initiative

The Fannie and John Hertz Foundation's mission is to focus on supporting graduate students in the applied physical, biological, and engineering sciences for the purpose of solving difficult, real-world problems. Harold Newman has long been an active supporter of the Hertz Foundation, serving both as a Board Member and as a generous donor. Harold Newman has generously established an endowment to allow the Foundation to support entrepreneurial efforts by Fellows.

The Newman Entrepreneurial Initiative Fund provides individual investments of up to $25,000 with a particular emphasis on collaborative activities amongst Fellows. Investments by the Newman Gift are intended to be a one-time funding event, but in extraordinary cases continuation investments will be considered. In the spirit of the Hertz Foundation, this support comes with no strings, but with the expectation that as these ventures grow and develop, the Hertz Foundation can share in their economic success.

Any Hertz Fellow in good standing with the Foundation may propose a project for funding. Preference will be given to Fellows in school or the early years of their careers.

To find out more about The Newman Entrepreneurial Initiative Fund, please contact Linda Kubiak.


2013
Allen Y. Chen
Agile Devices co-founded with Hertz Fellow Vyas Ramanan and Leo Tsai MD/PhD, Harvard Medical School and Ben Merewitz, MIT Sloan School of Management.

2013
John Frank
Diffeo, co-founded with Hertz Fellows Max Kleiman-Weiner and Dan Roberts.

2013
Max Kleiman-Weiner
Diffeo, co-founded with Hertz Fellows John Frank and Dan Roberts.

2013
Vyas Ramanan
Agile Devices co-founded with Hertz Fellow Allen Chen and Leo Tsai MD/PhD, Harvard Medical School and Ben Merewitz, MIT Sloan School of Management.

2013
Daniel A. Roberts
Diffeo, co-founded with Hertz Fellows John Frank and Max Kleiman-Weiner.

2012
Zachary Wissner-Gross
School Yourself is recreating education from the ground up by reformatting textbooks to take advantage of the interactive features on a computer, tablet, or mobile device. The company is “reimagining” education with the world’s most immersive and interactive books in math and science for middle and high school students.