MOMENTUM FUND CRITERIA

 
 
 

To be eligible for investment from the Momentum Fund, each company must be a graduate of The Idea Village’s VILLAGEx accelerator* AND raise outside equity capital equal to or greater than $400,000.

Complete investment terms are shared with all VILLAGEx companies during or following their time in the cohort. All companies seeking Momentum Fund investment must abide by these terms. Core investment criteria are highlighted in the box to the right.

*VILLAGEx became the official branded name of The Idea Village’s later-stage accelerator in 2019. Alumni of “IDEAx” or equivalent earlier iterations of growth-stage accelerator cohorts may also be eligible. Email innovation@ideavillage.org for more information.

Most VILLAGEx graduates will have attended all in-person events, hit milestones set with their Entrepreneur-in-Residence, developed a professional deck, attended pitch coaching, presented at Demo Day, and have received an overall positive recommendation from their Advisory Board and mentors.

 

CORE INVESTMENT CRITERIA

  • All companies will have successfully graduated from The Idea Village’s later-stage accelerator program in the last five years.

  • Each company must raise a minimum of $400,000 from outside investors to trigger eligibility for Momentum Fund investment.

  • For every $4 of outside investment, companies receive $1 of Momentum Fund investment above the minimum investment and up to their allocation cap.

  • Funds allocated to companies that do not raise a qualifying round within 18 months of VILLAGEx graduation or IDEApitch prize winnings will be reallocated.