Lori Hermelin Bush Seed Fund – Call for Submissions
The Lori Hermelin Bush Seed Fund is open to companies founded or led by a member of the Temple University Community. The designated team leader must be a Temple University degree candidate (undergraduate or graduate), alumni, faculty, or staff. Teams may include additional members without ties to Temple (students from other universities, etc), but the Temple University community member, must serve as the team leader, be part of the founding team, and/or be a significant equity holder if equity has been distributed.
Companies submitting to the Lori Hermelin Bush Seed Fund must be less than five years old as of April 1, 2022, and cannot have raised more than $10,000 from institutional funding (includes pitch competitions, angel investors, VCs, and/or accelerator/incubator programs), and must have gross sales less than $25,000 by April 1, 2022.
Submission Deadline: Monday, May 2nd at 11:59pm
Finalist Pitches + Feedback: Monday, May 23rd
All submissions must include the following:
- Brief company description containing no more than 250 characters explaining your company, product, or service.
- Elevator Pitch: This is a one or two-sentence statement that describes your idea and how it creates value for a user or stakeholder, and why that user will purchase your offering instead of doing what they have always done or purchasing a competitor’s offering.
- The requested dollar amount and a detailed timeline of how the funds will be used and milestones that will be achieved if this funding is received. The Financial Milestones Template should be used to submit the financial milestone details to the Selection Committee, in regards to how the requested funding will be utilized to advance your venture. Please keep in mind that a high-level overview of your financials and milestones should also be included in your pitch deck! Please download the excel (or google sheets) document as a PDF and submit into the portal.
- Investor Pitch Deck (Helpful guidelines on the elements of an investor style pitch deck are linked here and will guide you through the content that you should include)