[ED] Ventures Fund mentors and incubates young entrepreneurial talent in precollege age students in Honolulu through real startup opportunities
- Under 20 1%
- Between 20-29 34%
- Between 30-39 40%
- Between 40+ 25%
Avg Age of Startup Founders
Current Startup Support is geared almost entirely to developing founders after college
Avg Age Served at Silicon Valley Startup Accelerators & Incubators
Opportunity: [ED] Ventures Fund Provides Mentoring, Strategy, and Funding to Develop Successful <20 Start Up Founders in Honolulu
Mentoring
Founders are paired with a team of local mentors who help support the startup team through its design phase to funding and beyond
Strategy
Utilizing the local network created by [ED] Ventures Fund, founders are provided assistance as they develop a strategy to prepare their startup for market
Funding
Founders are given up to $10,000 in seed capital to help through the design phase and assisted through another round of funding at the [ED] Ventures Demo Day in June 2016
[ED] Ventures Fund is currently accepting applications from <20 startup founders in the Honolulu area to participate in the 2015–2016 selection process. Follow these steps to apply:
Selection Steps
Step 1: Complete Application
In order for your team to be considered to be a startup founder at [ED] Ventures Fund, you must complete an application no later than October 1st, 2015. Click here.
Step 2: Selection Interview
Top applicants will be asked to participate in a selection interview in mid-October. In preparation for your potential interview, your team should perfect its pitch. Check out our resource page for help.
Step 3: Final Selection
Selection of our first two startup teams, which includes up to $10,000 in seed funds, will occur by early December.
Incubation Calendar
Phase 1: Design
Although it’s expected that founders will have already begun to design a product or service, [ED] Ventures mentors will work closely with the founders to improve or even restart the design process if needed.
Phase 2: Develop
Throughout the incubation cycle, [ED] Ventures Mentors will work closely with the startup founders to develop the skills and expertise needed to be successful startup entrepreneurs. This process can hardly be described as something confined to phase 2, but instead as a critical and continuous component to startup success.
Phase 3: Demo
The process of developing a startup is constantly iterative, but startup founders will aim for an early June Demo Day, where they’ll unveil their product or service to a room of investors, supports, and others in the [ED] Ventures Community.