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Exploration Fund

Amount:

$25,000

Type of Program:

Investment


Description:

The Exploration Fund offers up to $25,000 in the form of a SAFE agreement to businesses who meet the eligibility criteria and successfully pass through the fund’s due diligence process. 

Comments on Funding:

Funding will take the form of a SAFE agreement of up to $25,000.


When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must be a current Saint Mary’s University (SMU) student or recent alumni who is running a start-up that has:

  • strong user feedback, or traction via early orders or sales;
  • proof of concept, MVP (Minimum Viable Product), or a product already in market;
  • plans to grow the business;
  • well-defined, short-term strategy;
  • clear market differentiation.

Application Steps:

1

Applicants must apply by attending an introductory meeting;

2

Applicants must go through the due diligence process.

Documentation Needed: 

No specific documentation has been identified.

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