ABOUT THE FUND
Founded in 2018, the J. David Armstrong, Jr. President Emeritus Student Venture Fund provides seed capital to launch startups based on ideas developed by the students of Broward College. Portfolio companies who benefit from the Fund will be provided needed capital after the completion/graduation of one of the many entrepreneurial programs provided by Broward College through the Innovation Hub.
Programs provide proven methodology, mentorship and networking with the entrepreneurial and venture communities, as well as practical management and marketing expertise that can transform student ideas into successful companies which will grow and hire in Broward County.
The Fund makes several investments per year and, through partnerships with our “Founding Members”, provides access to angel investors and introductions to venture capital firms. The Fund will recycle investment returns from the successful sale of portfolio companies back into the Fund to finance future ventures.
CRITERIA AND GUIDELINES
Funding is available to startups founded by current students at Broward College. Students may be degree-seeking or enrolled in one of our entrepreneurial certificate programs.
The Fund seeks early-stage student-led businesses with inventions, products or services that were developed or enhanced at Broward College. The business must have completed an entrepreneurial program at Broward College; achieved proof of concept, and are ready for commercial product development. The fund does not invest in businesses requiring further basic research.
The Fund will consider proposals using the following evaluation criteria:
Completed a Broward College entrepreneurial program or be degree seeking.
Technology, product or service has achieved proof of concept, has a minimum viable product (MVP) or prototype and is ready for commercial product development.
Business has important and sustainable points of differentiation.
Identifiable customer(s) with a compelling value proposition.
Founders with key skills & experience committed to venture success.
CONTACT US TO DONATE
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or need more information about the Fund?