ORGANIZATION NAME: VentureWell
DESCRIPTION: The E-Team program supports multidisciplinary student-led teams who are aiming to bring their innovation out of the lab and into the market. Every year, we award over $700,000 in non-dilutive E-Team grants to these early-stage student science and tech startups who are on the path to launching innovations with a social, health, or environmental impact. In the past two decades, VentureWell has provided over $8M in grants to more than 550 entrepreneurial teams. Our 180+ alumni ventures have received over $122M in follow-on funding since taking part in the E-Team program. Meet our E-Teams here!
In addition to funding, we offer a robust Early-Stage Innovator Training Program designed to thoroughly prepare our teams to discover possible pathways for their venture as they explore topics like business model development, customer discovery, and intellectual property. The E-Teams Program supports student ventures as they embark down the path they’re likely to take as an innovator and entrepreneur. If teams are able to continue with their startup after they graduate, ASPIRE and our investor network are available to help teams prepare to launch and scale their company.
We’re looking for teams with:
Intent to Commercialize: A strong commitment to exploring commercialization of your science or tech innovation.
Social/Environmental impact: Inventions that will scale to address a pressing social, health, or environmental need. We fund innovations that can solve challenges including health, food security, energy, and climate change. See additional examples here.
Student team identified: Teams that include two or more students and a faculty advisor.
AVAILABLE FUNDING: $700,000.00
MAXIMUM AWARD AMOUNT: $25,000.00
APPLICATION DEADLINE: 10/07/2020