VentureWell Grant

Up to $25,000 in grant funding. Unlock $5,000 in Stage 1 and $20,000 in Stage 2 grant funding to launch your venture. Grants are competitive, recognized nationally as a source of non-dilutive funding, and empower innovators to prototype and explore commercialization. VentureWell has opened a qualification phase application for interested applicants to receive feedback on their innovation to assess fit for applying to the E-Team Grant. Graduate and undergraduate students are eligible to apply!

APPLICATION REQUIREMENTS

Students are REQUIRED to apply through their university grant office by working with the Private Investigator (PI) for their grant application. Student grant applications need to be reviewed by the university in order for application records to be created in case applicants are awarded grant funds. Once this is complete, students will also need to apply via VentureWell’s online portal system.

VentureWell requires institutional verification of each application from the Private Investigator (PI), Adminstrative Contract (AC), and Department Contact (AC) listed on the grant application. Applications MISSING verifications of support from their PI, AC and DC cannot move forward with their submission in the VentureWell portal system.

Please Note: The deadline to submit your complete application submission through the university is approximately 30 days ahead of VentureWell’s submission deadline, which means your application materials must be completed and submitted to the university by January 9th, 2020 before submitting officially to VentureWell via their online portal system.

To begin the process, interested applicant teams must inform us of their plans to apply to the grant by filling in this INTEREST FORM by October 23, 2019.

QUESTIONS

Students with questions regarding application to the VentureWell E-Team Grant or PI related questions, should email Gloria Negrete, Executive Director of the Basement at ganegrete@ucsd.edu or thebasement@ucsd.edu .


Next Steps for Interested Applicants

1.    COMPLETE – INTEREST FORM for applying to the VentureWell E-Team grant at  by Wednesday, October 23, 2019.

2.   REVIEW  Key calendar activities and deadlines for submitting your application. See list below.

 3. VISIT   The VentureWell website and review E-Team Grant Guidelines to begin writing your application proposal https://venturewell.org/wp-content/uploads/NEW-E-Team-Stage-1-guidelines-with-Quals-Phase%E2%80%942019-1.pdf

*For general info. on the VentureWell E-Team Grant visit https://venturewell.org/e-team-grant-program/


Key Monthly Activities for Your Grant Application

October Activities

  • Submit INTEREST FORM for VentureWell NO LATER THAN Wednesday, October 23rd, 2019

  • Review application guidelines and proposal components

  • Create inventory list of proposal components to compile

  • Recruit additional team members (if needed)

  • Determine Private Investigator (PI), Administrative Contact (AC) and Department Chair (DC). If applicants do not have a PI, AC and DC, they should contact Gloria Negrete, Executive Director of the Basement.

  • Start putting together your application components

  • Make letter(s) of support asks of prospect customers and others who can validate what you are developing

  • Write first draft of proposal narrative with proposal components

November Activities

  • Follow up with letter of support writers

  • Revise proposal narrative and review proposal components for missing items

  • Compile any missing proposal components

  • VentureWell E-Team Grant Info. Session + Workshop: Wednesday, November 6th, 12:00-1:15pm

  • VentureWell Application Workshop: Monday, November 25th, 2019, 12:00-1:15pm

December Activities

  • Collect any missing letters of support and any missing supporting documents

  • Complete final proposal narrative with all application components assembled

  • Inform the Basement, your PI, AC and DC of any changes to your Team or Product name to ensure they are aware of the change for verification of your proposal

  • Submit the first COMPLETE draft of your application to the Basement for review – Friday, December 6th, 2019

Key Application Deadlines

  • Deadline to submit INTEREST FORM to Apply to VentureWell Grant – Wednesday, Oct. 23, 2019

  • Info. Session + Workshop - VentureWell E-Team Grant – Wednesday, November 6th, 12:00-1:15pm

  • Workshop your application – Monday, November 25th, 2019, 12:00-1:15pm

  • Submit the first COMPLETE draft of your application to the Basement for review – Friday, December 6th, 2019

  • Submit Final COMPLETE Application to UC San Diego via your acting PI – January 9th, 2020

  • Upon approval from UC San Diego’s grant office, submit your Application via VentureWell’s online portal by Friday, January 31, 2020.