E-Team Program also known as the VentureWell Accelerator, supports student ventures as they embark down the path of innovation and entrepreneurship. They help you advance your invention through a powerful mix of up to $25,000 in grant funding, entrepreneurship training, mentorship by dedicated staff, national recognition, and networking with peers and industry experts.
Eligibility Criteria
Are you a founder focused full-time on your startup? The E-Team Program helps you prepare to launch and scale your company through ASPIRE and its investor network. The startup program helps you secure your first round of equity funding.
Do you have an idea that can change the world? Every year, Venture Well Accelerator awards over $800,000 in non-dilutive E-Team grants to early-stage innovator teams that develop scalable innovations which aim to solve a large social, health, or environmental challenge.
Benefits
✓ Up to $25,000 in Grant Funding
Unlock up to $25,000 to launch your venture. Their grants are competitive, recognized nationally as a source of non-dilutive funding, and empower innovators to explore commercialization.
✓ Sponsored Training
Attend fully funded training workshops and explore possible pathways for your venture. They have a bank of innovation curricula that combines lean startup principles with company building, professional development, and individual cultivation.
✓ Networking & Mentorship
Tap into the VentureWell mentor and E-Team network, with the potential to connect with investors and strategic partners who can transform your venture.
✓ National Exposure & Recognition
E-Team members have been named to the Time Magazine “Best Inventions” list and Forbes’ “30 Under 30”; appointed as an AAAS-Lemelson Invention Ambassador; and appeared in The New York Times, National Geographic, and other publications.
Is Your Innovation a Good Fit? (Requirements)
✓ Social/Environmental Impact: Inventions that will scale to address a pressing social, health, or environmental need. The E-Team Program fund innovations that can solve challenges including health, food security, energy, and climate change. See additional examples here.
✓ Science- and Engineering-Based Inventions: An innovation that is different from other competing technologies.
✓ Intent To Commercialize: A strong commitment to exploring commercialization of your innovation.
✓ Student Team Identified: Teams that include two or more students and a faculty advisor.
Application Deadline – October 5, 2022