INVESTING IN THE FUTURE OF THE GULF SOUTH
The Momentum Fund is designed to provide accelerator companies with a source of founder-friendly, patient capital that can help “add a ‘0’” to the types of venture deals being done in Louisiana and across the Gulf South. We believe that great companies can be built here and want to be part of supporting founders in that journey.
While the terms above remain subject to change, we are endeavoring to lay out as many of the expected terms and conditions for investment as possible upfront in an effort to build a road map that companies and founders can follow.
We hope that the prospect of investment from the Momentum Fund will help provide additional validation in the market, making fundraising easier and faster, and help founders think bigger while focusing on building an industry-leading business. We also hope that it will foster a long-term relationship between The Idea Village and alumni for decades to come.