Revel Scholarship, E-Team Grant

via Thinkstock
via Thinkstock

Here are two new income-generating opportunities! One is a scholarship and mentorship opportunity from Revel Systems; the other is an e-team grant competition sponsored by VentureWell.

Revel Systems Scholarship

Award: $10,000
Deadline: Wednesday, July 1 at 5 p.m. PT

Revel Systems POS is pleased to announce The Revel Scholars Program, which will award two $10,000 scholarships for the 2015/2016 school year to current high school and/or college students interested in entrepreneurship. In addition to receiving a scholarship towards their tuition, the two students selected for the Revel Scholars program will receive mentorship with Revel’s founders Lisa Falzone (CEO) and Chris Ciabarra (CTO) at regular intervals throughout the year for professional counsel and guidance. The scholarship funds will apply to the winners’ accredited United States college or university tuition.

One scholarship will be open to female applicants only: Revel CEO and co-founder Lisa Falzone will mentor with this winner.

The other scholarship is open to either male or female applicants: Revel CTO and co-founder Chris Ciabarra will mentor with this winner.

Learn more here.
Apply here.

VentureWell E-Team Program Grants

Award: Workshops and funding up to $75,000
Deadline: May 8, 2015

VentureWell’s E-Team Program gives college students the chance to move new tech ideas out of the lab and classroom and into the marketplace. The three-stage program provides grant funding, experiential workshops, veteran coaching and a potential investment opportunity to help teams manifest their projects’ full commercial potential.

They define an “E-Team” as a multidisciplinary group of students, faculty, and mentors working together to bring an invention to market.

Stage 1 provides funding of $5,000 to attend a three-day workshop on how to better articulate the opportunity for the innovation in the marketplace. Remaining funds may be used to support further development of the project/product.

Stage 2 provides additional funding of up to $20,000. In a second workshop, teams develop their business model hypotheses and plans to test them. Six monthly coaching sessions follow, helping keep teams moving forward.

Stage 3 Eligible Stage 2 teams may be invited to participate in Stage 3, which focuses on helping teams develop a “lens of the investor” perspective and culminates in a venture forum presentation to potential investors. VentureWell invests up to $50,000 in two to three Stage 3 teams per year.

Learn more here.
Apply here.

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