nonprofit status

January 11, 2017

UAMS BioVentures Changes to Nonprofit

Ben Boulden

Jan. 11, 2017 | UAMS BioVentures of the University of Arkansas for Medical Sciences (UAMS) recently became a private, nonprofit limited liability company to give it more flexibility in using funds for the new companies it helps get started. The University of Arkansas Board of Trustees approved the change in September. The nonprofit legal structure…