Founder Grants

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"Before starting my student career at Dartmouth College, I was already pursuing a career in business and entrepreneurship. I founded GiftAMeal during my senior year of High School and feared having to balance college-level schoolwork with my venture. The Magnusom Center provided me with an alternative space and alternative resources fit for student entrepreneurs. Without a space and network concentrated on growing the next generation of Dartmouth Startups, GiftAMeal would not be the successful social-impact startup it is today."

 – Aidan Folbe ’19

Founder and COO, GiftAMeal

aidan

Apply today for a grant of up to $5,000

Overview:

The Magnuson Center Founder Grants facilitates the start and development of Dartmouth-founded ventures. The Founders Grant award up to $5,000 to an individual or team. Successful applications have ambitious entrepreneurial plans, exhibit solid background research of the idea, and demonstrate high commitment to both learning and executing on their ideas.

Rules & Eligibility:
1. Founders Grant are open to enrolled full-time undergraduate and graduate Dartmouth students, Dartmouth faculty, and Dartmouth staff who are either the founder or one of the co-founders of the venture.
2. A maximum of one Founders Grant per primary applicant per academic year, regardless of venture, will be granted.
3. Preference is given to ventures with primary applicants who have not yet received funding.

Your application will be evaluated based on the following:
1. Strength of the team
2. Size and growth of the market
3. Quality of the product or service (value proposition)
4. Credibility of the business model
5. Clear definition of an action plan for the term (objectives vs. timeline)
6. Individual/Team commitment to learn and execute

Required items to apply:
1. Online application
2. Pitch deck of 10-20 slides
3. Company logo (can be a mock-up)
4. Founder(s) head shots
5. Two-minute pitch video
6. Possible 15 minute interview.

Grant Dates and Deadlines:
Oct 8th 2018: Application Opens
Oct 22nd 2018: Applications Close at NOON
Nov 5th, 2018: Winners are announced
Grant recipients are required to attend 2x office hours and the final Magnuson Center’s Founders Grant Dinner

Important:
- All recipients must provide any necessary information or documentation within one month of award notification or any and all monies awarded will be forfeited.
- If receiving an award, checks must be deposited within 90 days to avoid loss of funds. Checks will not be reissued.
- International students should check with OVIS regarding any possible conflicts pertaining to working or operating a business.

Contact Information:
For questions about this application, please contact Annie Ren at Annie.Ren@Dartmouth.edu