Summer 2009 Funding
RPM10 is now accepting applications for the Summer 2009 funding cycle. It will take place in Ann Arbor, MI from May through mid August 2009.
If you want to apply, please fill out the application form and send it to rpm10@rpmvc.com by midnight EST, Sunday February 8, 2009. Teams that submit early have a slight advantage because we have more time to read their applications.
Do NOT send PowerPoint decks or business plans. If we receive one, you will be automatically dinged.
Please only submit one application per team. If you have multiple ideas, please submit the idea you think is best. Your other ideas may be brought up if you are selected for interviews
If you want to change your application, you can resubmit up to two times. Just make sure to resubmit from the same email address, because that's how we identify you.
Applications will be reviewed with finalists announced on February 11th. Finalists will make a short presentation with Q&A on Feb 16th. Selection decisions will be announced on Friday, February 20th.
Yes, decisions will include the total amount we'll invest (up to $25,000).
You will be expected to use your own computers. Any specialized hardware or computing cycles that are needed will come out of your $25,000 budget.
We cannot sign an NDA (non-disclosure agreement). However, we will do our best to keep your application confidential
Our motivation with this program is to provide the best University of Michigan students with a unique look into the world of high tech start-ups. However, we are also in the business of producing a return on the time we invest. So, yes, we are looking for the next Netscape or YouTube team. So we're looking for startups we think will succeed.
