Apply for $1,000 in seed funding for your startup.
Awards are directed to student applicants to defray the costs of becoming an entrepreneur.
Are you eligible?
- Washington University junior or senior undergraduate or graduate student
- Have completed a full semester of an Olin course or program
- US citizen or permanent resident
- 25 percent or higher owner of a corporate entity such as an LLC
If you meet the criteria above, complete and upload the following components to the Box below. Be sure to follow the naming conventions for all uploaded documents.
- Completed application form (Download PDF) – saved as “yourLLCname-application”
- LLC corporation certificate (your business must be incorporated or have secured an LLC) – saved as “yourLLCname-certificate”
- CrunchBase profiles for self and company that identify you as WashU student – enter URL on application
- PowerPoint pitch deck (see contents below) – saved as “yourLLCname-pitch”
- Signed, nonbinding agreement for philanthropic contributions to the Holekamp Seed Fund or to the Olin Annual Fund, equal to at least the award amount within 5 years of graduation (Download PDF) – saved as “yourLLCname-agreement”
Pitch Deck Presentation
Pitch deck contents should include: concept overview, founding team info, articulation of personal commitment, capital raised/spent to date, timeline and strategy for developing the product and business to at least the point of being market ready.
The pitch is not an investment offering and while it is expected to contain financial projections and strategies, it should not contain a pitch for equity investment.
After you apply, you will be invited to present a professional quality pitch to one of the three fund directors. If the deck or presentation falls short of expectations, you will be given feedback and the opportunity to pitch again.
Once all application requirements are met, the three directors will vote (2/3 votes passes) to approve the awards on a rolling basis throughout the year until funds run out. Student award winners may use the funds for their personal financial burdens of being an entrepreneur.
Applications won’t be judged on the potential long-term viability of the idea, but rather on how passionate the student is about pursuing the opportunity. Concepts the directors deem might have a negative impact on the community will be denied.