What is EIF?
The Tufts Entrepreneurship & Innovation Fund (EIF) provides modest funding to individual students, teams or student clubs to support them in their entrepreneurial initiatives. Eligible funding requests are in the $200-$2000 range. Students can apply for EIF funding in three tracks:
- Student clubs and organizations that need supplemental funding for entrepreneurial training and experiences
- Travel expenses in support of innovation and entrepreneurship training and initiatives
- Project related expenses that support student-led new venture creation (startup, small business, or non-profit)
Dates and Deadlines
EIF applications will be processed on a rolling basis through May 1, 2025 or until all available funding has been distributed. We will review applications in the order that they are received.
Application Process
Application submission:
Teams submit a written application with a 1-minute video pitch outlining the following:
- Quick overview about their venture
- Total dollar amount applied for, and a rough description of use of funds
- Why you need the money now
Screening and deliberation:
- A funding committee will review the applications. Where appropriate, the funding committee may reach out to individual teams for additional information.
- The funding committee will deliberate and decide whether the team will receive funding – and if so, whether they will receive the full amount applied for or a subset thereof.
Notification & award distribution
- Teams will be notified of their application status within 2-3 weeks of the application submission date.
How to apply
- Review the application questions and prepare written answers
- Record a 1 minute video pitch summarizing your project and your funding “ask”
- Develop an itemized budget supporting your proposal on a linkable platform (Google Spreadsheet, Excel file hosted on Box, Dropbox or Google Drive, etc)
- Apply!