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Grant Components

2024 Fund for Alumni Start-ups in Transition

Curriculum Focus: Idea Stage | Program Duration: 16 weeks

Grant Disbursement Criteria

  1. Week 0 Overview of grant components and program setup.
  2. Week 1 Assignment: Conduct a minimum of 30 interviews and develop a preliminary prototype.
  3. Week 6 You can pitch for a chance to access up to $4,000 to further develop their businesses.

Deliverables and Assessments

  1. Development of a Comprehensive Business Idea: Detailed description of the business concept, including market and value proposition.
  2. Prototyping and MVP Development: Creation of a Minimum Viable Product for initial user testing.
  3. Investment-ready Pitch Deck: Structured presentation covering the business idea and funding needs.
  4. Customer Validation Reports: Evidence of customer feedback and market testing.
  5. Business Model Canvas: A completed canvas that clearly illustrates the business model.

Monthly Metrics

Use Lesgo at least twice a week to:

  1. Update your project profile.
  2. Upload reports about your progress.