We have been saying to be on the lookout for the announcement that the window is open for the next round of CalSEED applications for their Phase 1 Proof of Concept $150,000 awards. These are grants. They are not loans that need to be repaid, and no surrender of ownership shares is involved. It is one of the best sources of early stage capital available.
The announcement is now out and applications will be accepted August 23-September 5, a much shorter period than usual. There will be two online workshops explaining the process this time held August 18 and 25. One of the key questions with each CalSEED solicitation is what categories of innovations will be eligible for awards. This time, the eligible categories are pretty broad, and you can find them in the application manual on pages 6 and 7.
CalSEED will be looking to make 7 awards from the Central Valley region, and with the short timeframe, there may not be as many competing applications this time.
If you are at all interested in applying, make it a point to watch one of the webinars.
The application and the scoring criteria have some unique features it is important to understand. If you have applied in the past, there is no prohibition on resubmitting a revised version and trying again.
Register – HERE!
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