By: Staff reports

PBS’ MoneyHunt Program Awards $100,000

A Folsom, Calif.-based company that helps college newspapers establish
Web portals has won the first investment from “MoneyHunt,” a syndicated
TV show appearing on PBS that awards money to entrepreneurs. will receive $100,000 from the show.

The show is produced by Norwalk, Conn.-based Money Hunt Properties LLC,
which runs, a Web site for entrepreneurs. has signed 70 student papers to transform their Web
sites into campus portals. Universities to sign up include Virginia
Tech, Florida State, Michigan State, Texas Tech, the University of
Hawaii, and the University of Pittsburgh. The company claims a reach
of 1.4 million college students.

The campus portals offer free e-mail, online classifieds, interactive
auctions, campus chat, and breaking news. CEO Jack
Crawford says student newspapers want to be the “premier Internet
portals for their campus communities.” Crawford formerly worked for
System Integrators Inc. (SII), a long-time supplier of publishing
systems to newspapers.

CampusEngine raised $1.5 million in its first round of financing
earlier this year. The company expects to close a second round later
this summer.


Staff Reports

(c) Copyright 2000, Editor & Publisher

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