IDEApitch ↓
MOMENTUM FUND + IDEApitch
In addition to being one of the region’s industry-leading and much beloved pitch competitions, IDEApitch will now become a way for VILLAGEx alumni to compete for a larger investment allocation, in addition to showcasing their startup live on stage to a broader audience of investors, peers, and startup community.
Each year, three companies will be selected to compete in the IDEApitch program as “finalists.” While all remain eligible for the $100,000 investment opportunity through Momentum Fund, the grand prize winner will be eligible for a $250,000 investment prize through the Momentum Fund. All IDEApitch recipients are still subject to the same criteria and terms and conditions as Momentum Fund’s other investments.
FOLLOW-ON INVESTMENT OPPORTUNITIES
All companies that receive an initial investment from the Momentum Fund may be eligible for additional follow-on investment in a subsequent up-rounds at a later date and at the full discretion of the fund.
Companies for which the fund has already made an investment that intend to raise at least $1M in a subsequent round should contact The Idea Village to discuss subsequent funding.
CURRENT TERMS & CONDITIONS
For more information on the full Terms & Conditions associated with all stages of Momentum Fund investment, see the most current document of all terms and conditions here.
See the fund’s most recent independent audit here: Momentum Fund I LP FY25 Audit