IDEA reaches gap funding milestone: 6 ventures receive non-equity grants
VentureFizz - 04/15/2015
Northeastern University’s Venture Accelerator IDEA recently reached a monumental milestone in their mission to coach, fund, and launch ventures: in February, IDEA completed its largest round of Gap Funding that provided six ventures with $10,000 to overcome a specific gap in each of their businesses.
The bi-monthly Gap Fund IDEA provides ventures the opportunity to pitch their business to IDEA’s Funding Board to receive feedback and funding for critical businesses needs. The increase in ventures applying for and receiving Gap Funding not only demonstrates the quality and innovation of the ventures, but also the caliber of the coaches who help the ventures develop their business strategy.