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E-Team Program Grant for Student Inventors & Entrepreneurs | $5,000-$20,000
Who: Must have a project or product that is a science or engineering-based innovation
Deadline: January 29, 2025
The E-Team Program, part of the VentureWell Accelerator, supports student ventures as you embark down the path you’re likely to take as an innovator and entrepreneur. E-Team grants to early-stage innovator teams that develop scalable innovations which aim to solve a large social, health, or environmental challenge. Apply for Pioneer or Propel. More information below.
Pioneer for the E-Team Program: The First Stop in Bringing Your Innovation to Life
You’ll start your entrepreneurship journey with Pioneer, the first stage of the E-Team Program. Through $5,000 in non-dilutive funding and an entrepreneurship training workshop designed to help you discover the best market for your invention, we kickstart your potential and outline the possible pathways for your invention.
Propel for the E-Team Program: Build and Test Your Business Model
Once you have successfully completed Pioneer and built a strong foundation for advancing your innovation, you’re eligible to level up and apply for Propel. Propel offers an additional $20,000 in non-dilutive funding and three months of training focused on supporting you as you build your business model canvas and make plans for testing your business hypotheses. Your new discovery can change the world.
Evaluation Criteria | Program Grant for Student Entrepreneurs
All applicants must meet the following criteria:
A student-led team of at least two active and enrolled students at a college or university who are committed to development/commercialization of the technology
Support of your university (Administrative Contact, most often in the Office of Sponsored Programs) and department (Chair)
Your project or product is a science/engineering-based innovation that will benefit people or the planet and your intention is to get it to the market.
Your team is solving a big problem (or addressing a big opportunity)
Your product has a positive impact on society
What your team is doing is scalable
Grantee Obligations
A portion of the grant funds is intended to cover expenses related to your team’s participation in the required program workshops.
VentureWell does not allow overhead to be taken from grants funds. We strongly recommend that teams consult with their office of sponsored programs (or equivalent) to learn their institution’s rules about overhead before submitting an application.
Benefits
Each grant recipient of the E-Team Program grant for student entrepreneurs receives:
Up to $25,000 in grant funding
Entrepreneurship training
Mentorship by dedicated staff
National recognition
Networking with peers and industry experts.
Are you ready to grow your business? Check out The Creator Parlor® for on-demand educational videos, free digital resources, and so much that will help you reach your business goals! |
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