The E-Team Program cultivates opportunities for collegiate technology entrepreneurs by providing early-stage support and funding of up to $75,000
Our E-Team Program gives college students the chance to move new tech ideas out of the lab and classroom and into the marketplace. The three-stage program provides grant funding, experiential workshops, veteran coaching and a potential investment opportunity to help teams manifest their projects’ full commercial potential.
- Stage 1 provides funding of $5,000 to attend a three-day workshop on how to better articulate the opportunity for the innovation in the marketplace. Remaining funds may be used to support further development of the project/product.
- Stage 2 provides additional funding of up to $20,000. In a second workshop, teams develop their business model hypotheses and plans to test them. Six monthly coaching sessions follow, helping keep teams moving forward.
- Stage 3 Eligible Stage 2 teams may be invited to participate in Stage 3, which focuses on helping teams develop a “lens of the investor” perspective and culminates in a venture forum presentation to potential investors. VentureWell invests up to $50,000 in two to three Stage 3 teams per year.
We define an “E-Team” as a multidisciplinary group of students, faculty, and mentors working together to bring an invention to market.