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Funding Opportunity
Logo *
Accelerating Startup Partnership and Investment Readiness  (aspire) Program
Organization Name
VentureWell
Funding Opportunity Brief *
Applications for Venturewell’s ASPIRE program will open soon! ASPIRE prepares startups for the investments and partnerships necessary to launch their venture.
Description

ASPIRE is an intensive program that prepares startups for the investments and partnerships necessary to launch their venture. Mentors-in-residence work one-on-one with startups to simulate due diligence conversations and integrate feedback into materials in real-time.

Engaged Mentorship
 
You will work with high-caliber mentors throughout the program that have experience investing or partnering with startups like yours.

Clear Milestones & Ask
 
Startups will leave with a clear articulation of their investment needs, including the investment ask and planned milestones for the round.

Due Diligence Deal Room
 
Spend time creating and refining deal room materials to use during the fundraising process. Invest your time and energy into work product for a deal room, not a demo day pitch.

Stress Tests
We push your boundaries with real-world stress tests – actual startup disaster scenarios.

Network Building
 
Learn from your peers and share your experiences with a cohort of like-minded entrepreneurs who are facing similar challenges.

Does your startup qualify?

For each cohort, VentureWell selects 10-15 dedicated science and engineering-based startups from across the nation that are launching high-impact inventions. Startups must be committed and competitive!

  • Team identified and startup formed. Management team and key roles identified and secured. Incorporated as a legal entity by the beginning of the program.
  • High-impact inventions. Innovation has a clear positive impact, solves a real problem felt by customers, and has a compelling value proposition.
  • Early market validation. Validated customer segments and initial evidence of product-market fit.
  • Intellectual property. Provisional patent(s) filed and assigned to the company or evidence of a clear pathway to the license.
  • Beyond proof of concept. Initial prototype developed and pilot studies/field trials underway.
  • Actively fundraising. Company has raised at least $25K (grants or equity) and is preparing for a round of equity investment within 12 months.
Tags
Fundraising
Training and Assistance