The NMotion Venture Studio is looking for founders to launch new companies through this five month program based in Lincoln, NE and conducted in a hybrid format across the state of Nebraska.
Donor Name: NMotion
State: Nebraska
Type of Grant: Program
Deadline: 07/31/2022
Size of the Grant: $100K
Details:
This $100K investment is just the beginning. You’ll connect with 100+ mentors, find your first customers, and pitch up to 50 early stage investors.
Develop meaningful relationships, while building your company alongside other founders. Whether you’re a first time founder or serial entrepreneur, they’d love to work with you.
Selected co-founders receive $100K in investment capital and work closely with NMotion & gener8tor staff to build, design, launch and iterate new products/services over the course of 20 weeks. Then enjoy lifetime access to the NMotion & gener8tor networks.
Program Location: Hybrid format with in-person events in Lincoln, NE
Program: September 15, 2022 – February 3, 2023
Does this sound like YOU?
- Charismatic leaders who have a proven track record of building and motivating teams around a cause
- Domain experts with nuanced knowledge of emerging technologies and shifting industries who can clearly articulate complex concepts to a wide range of stakeholders
- Cross-functional technologists with the ability to both quickly build products and sell them? They are looking for digital acquisition specialists who know how to acquire customers and adapt to market signals
- Those currently work at a startup, just left one, are eager to spin out of your corporate role, or are simply talented and eager to build.
Deal Terms: Founder receives $100K, five months of intensive help, 80% common stock equity (60% founder stock vested over four years and 20% key employee option pool), and lifetime access to the NMotion/gener8tor network
Co-founders may be selected to:
- execute on product/service concepts internally incubated by gener8tor,
- conceive of and execute on brand new product/services concepts, or
- collaborate with NMotion’s partners and gener8tor’s Corporate Innovation partners on devising a new startup from scratch.
For more information, visit NMotion.
