Entrepreneurship community Kairos ASEAN and SMU’s Institute of Innovation and Entrepreneurship (IIE) have launched a new venture fund run by university students, for students. Called Protégé Ventures, it aims to give undergraduate and postgraduate students from Singapore-based universities a shot at "practical, real-life venture capital experience" in sourcing, analysing and investing in technology-enabled ASEAN start-ups with at least one student founder. "We noticed there were multiple student venture funds in the United States, but none in South-east Asia. We wanted to fill a gap in the space and empower students to experience and learn more by doing," said IIE director Hau Koh Foo. Protégé Ventures is looking for 15 full-time students who have a strong interest in the start-up and venture capital ecosystem. Selected student ventures will receive a $20,000 convertible note investment from the supporting venture capital firms, as well as post-investment support from SMU. Applications to join Protégé Ventures are open until Aug 31. To apply or for more information, visit http://protege.vc.