Grant and Application Information Skip Navigation

Grant and Application Information

Award


A grant of $12,000 - $15,000 is awarded to each of the winning teams.

(May be taxable. Awardees are encouraged to consult a tax professional.)

Eligibility Requirements


Those receiving awards from the Entrepreneurs Fund have to meet the following requirements:
  • The fund is open to for-profit and non-profit ventures with at least one Colgate member on the founding team.
  • At least one member of the founding team must reside in the village of Hamilton for six weeks (in June and July) for the duration of the incubator.
  • Alumni applicants must have graduated within the last 10 years.

More Information


Contact Wills Hapworth, Alumni Executive Director of TIA

Judges' Criteria


Ventures will be judged by a panel of Colgate alumni entrepreneurs on the following:

  • Quality of idea
  • Size of problem
  • Team
  • Demonstrated ability to execute
  • Stage of development
  • Market viability of venture
Judges seek more than just an idea; a prototype and some traction is expected.

Additional Benefits

In addition to funding, award recipients receive the following aids and benefits:

  • Office space in Hamilton
  • Maintain all rights to intellectual property
  • Access to one-on-one mentoring from entrepreneurs in the Colgate/TIA network
  • Access to the upstate New York startup ecosystem
  • Access to the greater Colgate alumni network
  • Startup resources key to launching and growing early stage ventures
  • The benefit of being part of a cohort and sharing best practices with fellow founders