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Thought Into Action Entrepreneurship Institute Entrepreneurs Fund

The fund was established in 2013 to grow and advance the ventures of Colgate student and alumni entrepreneurs who are demonstrating an ability to find and execute solutions to problems.
Recipients of funding work in the 20 Utica St. incubator space in downtown Hamilton.

About the Fund

Through spendable gifts made to the Entrepreneurs Fund, action-oriented teams are awarded cash grants to bring their ventures to commercial viability. Each team receives seed capital; incubator space for the summer in Hamilton; and intellectual resources from within the Colgate community. The fund was created in 2013 and initially funded by Dan Rosensweig P'15, '17.

2014 Entrepreneurs Fund

Five winners of Colgate’s 2014 Entrepreneurs Fund competition  were announced during Entrepreneur WeekendVern Clothing,Sapling Advisory, HUGS (Hamilton United Gift Shop), Prettier Please, and Late Date. See the full story here.

        


Entrepreneurs Fund In Action

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Past Award Winners

  
  

Award

A grant of $15,000 is awarded to each of the winning teams.

2014 awards were announced on April 12th at Colgate's Entrepreneur Weekend. Take a look at all past award winners.

Eligibility Requirements

Those receiving awards from the Entrepreneurs Fund have to meet the following requirements:
  • The fund is open to both not-for-profit and for-profit ventures with at least one Colgate student or alumnus on the founding team
  • Recipients must reside in the Village of Hamilton, New York during the course of the incubator

Additional Award Benefits

In addition to funding, award recipients receive the following aids and benefits:
  • Maintain intellectual property rights
  • Office space in Hamilton
  • Earn an opportunity to present at the end of the award term for the chance to seek additional funding sources
  • Access to the Colgate alumni network
  • Access to the Syracuse startup eco-system through CenterStateCEO

Judges' Criteria

Ventures will be judged by a panel of Colgate alumni entrepreneurs on the following:
  • Demonstrated ability to execute
  • Commercial and/or social impact
  • Scope of problem being solved and solution proposed
  • Market viability and timing
  • Stage of development
  • Team dynamic
*Seeking more than just an idea; prototype and some traction is expected

*Number of awardees will be decided based on the quality of ventures and team, not based on a quota


More Information

For more information, contact TIA@colgate.edu