Funding opportunities for student entrepreneurs.

The Severino Center supports student entrepreneurs as they seek to learn more about the business aspects of start-ups and early stage companies. Through the SCTE, faculty and experienced entrepreneurs mentor students who are developing business plans or who want to work with early stage companies.  

Buhrmaster Grants

Small grants for student-based ventures.

Mr. Bob Buhrmaster ’69, friend of the Lally School, and his wife Maureen, have given a gift that enables the Severino Center to offer small grants to help student-based ventures test the market feasibility of their business concepts. Grant amounts are $1,000-$2,000, and are determined by the Director of the Severino Center.

To Apply

  • Student teams should send a letter of request to Severino Center Director at SCTE@rpi.edu, indicating how they plan to use the money to aid in their market learning.
  • “Testing market acceptability of the concept” may be interpreted broadly to include, but not be limited to activities such as technical tests to ensure that the technology meets the requirements that the market has specified as valuable, attending trade shows or appropriate conferences, running focus groups or traveling to visit key customers or other market agents.
  • The memo need not be long, but it should clarify a couple of market questions you want to answer and how you’ll use the money to get the answers. It should also include a date by when you plan to have spent the money.

Once the grant has been awarded and the money spent, a short report indicating what the team has learned and how it has impacted their venture is required. The report will be filed with the Severino Center, and will be forward to Mr. Buhrmaster.

Note: Contents of submitted reports may be shared in a public format. Team will be asked to remove any intellectual property present in the report prior to publishing publically.

 

Rensselaer Entrepreneur Internship Program (REIP)

Designed to assist students in the understanding of the opportunities and challenges of a startup or early stage company.

Learn more

Venture BPlan Series

A collaboration of the Center for Economic Growth and the Rensselaer Incubator Program. This forum offers a first-look for the business community at the best and brightest early-stage growth companies in our region. Up to two businesses present each month to a panel of investment experts. This forum offers visibility for entrepreneurs to the region’s angel and institutional investors, business service providers, advisors, students, faculty, alumni and the early-stage business community.

Learn more

Grant Programs

VentureWell E-Team Program provides a chance to move new tech ideas out of the lab and classroom and into the marketplace. Funding up to $25,000 per team.
 
NSF Innovation Corps programs
I-Corps Site program: teams explore (at a high level) the market-readiness of their technology concepts using nationally adopted tools. This training is conducted in a local setting and prepares teams for the I-Team program.  Up to $3,000 avaiable per team.
I-Corps Team program: provides real-world, hands-on, immersive learning about what it takes to successfully transfer knowledge into products and processes that benefit society. This training is conducted at a national level. $50,000 per team.
 
SBIR is a highly competitive program that encourages small business to explore their technological potential and provides the incentive to profit from its commercialization. Up to $1,000,000 per team.

 

 

Crowd Funding

A funding platform for creative projects. Offering a new way to fund and follow creativity.
 
The world's largest global funding platform. Founded on the principles of opportunity, transparency, and action.
 
Investment platform for startups and investors.
Unlike crowdfunding websites like Kickstarter, people who invest through AngelList get a stake in the startup, although terms vary per company and per deal. AngelList has a minimum of $1,000 investment and is free for startups and investors.