Seed Grant Competition
The Patricelli Center for Social Entrepreneurship will award three $5,000 seed grants each year to fund the launch or early stage growth of a Wesleyan-connected social enterprise, project, program, or venture. Apply here.
- What is the timeline for the 2013/2014 Seed Grant Competition?
Throughout the year: Workshops and private mentoring through the PCSE (optional)
By December 2: Round 1 application available on PCSE website
December 2-4: Daily information sessions 12:15-1 p.m., Usdan University Center
By December 31: Judges announced
January 26: Round 1 applications due by 11:59 p.m.
February 3: Up to six finalists announced; feedback from judges shared privately with all applicants
February 17: Round 2 applications due from finalists
February 28-29: Public presentations (“pitches”) 12-1 p.m. and private finalist interviews (1:30-2:30 p.m.)
By March 7: Up to three seed grant winners announced
- Who is eligible for a PCSE Seed Grant?
Projects or ventures must:
- address a proven social need in an innovative way
- be scalable or replicable
- have a large capacity for impact
- be launched in 2013 or 2014
Entries are not required to lead to a new organization or company; they can be new programs or projects implemented within an existing entity. Those that are new ventures can be for-profit, non-profit, or hybrid. Entries can be US-based or international.
Teams may be made up of one or more members, but at least one founding member must be a current Wesleyan undergraduate. Teams made up completely of Wesleyan students may have an advantage.
- What does the Round 1 Application include?
Applicants will need to submit information about their project/venture, the parent organization (for projects that will reside under another program, agency, company, etc.), and all members of their leadership team. They will also have to answer these 5 essay questions (no more than 500 words total):
- Describe the social problem that your project or venture will address.
- Describe your innovative project/venture idea and the impact it will have.
- Describe your team’s strengths and qualifications that specifically prepare you for success with this project. (Why you, why now?)
- Are there other organizations tackling the same problem? How is their approach different from yours?
- How has your project been shaped by your Wesleyan experience? (Don’t be generic. Be specific.)
Click here for the application form.
- What are the judging criteria?
Judges will assess the quality of the applicant(s) and the quality of the idea(s).
- Purpose/Passion – commitment for the program area in which he/she plans to work, commitment to Wesleyan, personal integrity
- Resilience – demonstrated ability to overcome obstacles
- Leadership – demonstrated leadership and entrepreneurial potential
- Innovation – demonstrates a new approach
- Importance – addresses a pressing social problem
- Organization – clear and compelling mission, objectives, program operation, service delivery, data strategy, financial plan, etc.
- Feasibility – well-designed and could be rolled out effectively before December 31, 2014
- Potential for Impact - has the potential to create big, bold change
- Who are the judges?
2014 PCSE Seed Grant judges are:
- Phoebe Boyer ’89, Senior Advisor, Robertson Foundation; former Trustee, Wesleyan University; PCSE Advisory Board Member
- Ali Chaudhry ’12, Business Analyst at Deloitte Consulting; Founder and CEO of Possibilities Pakistan
- Tim Devane '09, Entrepreneur In Residence, Red Sea Ventures; former Director of Sales & Business Development at bit.ly; president & co-founder of Birthright Earth; co-chair of Digital Wesleyan
- Lexy Funk '91, Co-founder and CEO of Brooklyn Industries
- Amir Hasson ’98, CEO of Oxigen America and Chief Development Officer of Oxigen India; judge and mentor for Harvard and MIT Business Plan competitions
- Rachel Hines '82 P'18, international monetary expert formerly with J.P. Morgan, World Bank, and USAID
- Makaela Kingsley ’98, Director of the Patricelli Center for Social Entrepreneurship, Wesleyan University
- Rob Rosenthal, John E. Andrus Professor of Sociology, Wesleyan University; PCSE Advisory Board Member
- Maeve Russell '14, Executive Committee Member, Wesleyan Chapter of Shining Hope for Communities; Communications Intern, RefugePoint; Coordinator, Wesleyan’s Office of Community Service
- Marc Schleifer '95, Regional Director for Eurasia and South Asia at the Center for International Private Enterprise (CIPE)
- Sarah Williams ’88, Co-founder, Advective Fund; Principal, Sarah Williams Consulting; PCSE Advisory Board Co-chair
- What happens if my project/venture is chosen as a finalist?
Up to 6 finalists will advance to round two. Finalists will be required to submit two recommendation letters and a detailed project plan that expands on the information submitted in Round 1. Recommendation letters from Wesleyan faculty and staff members are preferred but not required. Finalists will also give a public presentation and be interviewed privately by the judges.
For the project plan, format is flexible but it must start with a one-page executive summary and include a detailed budget (listing other potential funding sources), an overview of staffing and operations, and data to back claims. It could also include a list of mentors or advisors already on board and an explanation of how the project could engage the larger Wesleyan community. Maximum length is 10 pages, but it does not need to be that long.
Presentations will be open to the entire Wesleyan community. They will be recorded and webcast. Each finalist team will have up to 8 minutes to pitch their project. Slides and videos are optional. Attendees will have an opportunity to vote for their favorite projects, and judges will take these votes into consideration when selecting winners.
The finalist interviews will be closed. Each finalist team will be interviewed privately by a panel of judges. Interviews will last approximately 10 minutes.
- How do winners collect their grants, and what are the expectations of grant recipients?
Grant payments will be made in two installments: $4500 in March 2014, and $500 in September 2014, pending satisfactory progress. Checks will be payable to a member of the winning team who is a currently-enrolled Wesleyan student (i.e. payments must be made to an individual, not an organization). It is expected that grant money will be spent no later than December 31, 2014.
Winners will also receive mentoring from Patricelli Center staff and volunteers, 24/7 access to the PCSE Board Room, and priority registration for PCSE workshops and events.
Grant recipients will be expected to take full advantage of Patricelli Center programs, submit blog posts, and offer peer advising upon request.
- Who do I contact if I have questions?
Contact Makaela Kingsley, Director of the Patricelli Center, at email@example.com or (860) 685-3836.