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Development Grant

Development Grants: Fund Your School’s Entrepreneurship Programs

EIX and the Schulze Family Foundation will award up to $125,000 in development grants to institutions to support developing e-Fest teams and/or entrepreneurship related programs and activities.

To be considered for the grant, schools must be a four-year college or university, offer at least one entrepreneurship course, and encourage the development of an undergraduate e-Fest team.

First time grantees will receive $2,500. Schools that received a grant(s) in the past and met grant requirements are eligible for a continuation grant of $1,500.

Grant Rules

Funds are to be used to help develop e-Fest teams and/or support a school business concept competition or other undergraduate student-focused entrepreneurship activities. We expect grant recipients to mention e-Fest to their students and encourage the formation of at least one undergraduate student team. Funds are limited, all applications are screened for eligibility according to e-Fest rules, and grants are awarded on a first-come, first-served basis.

Grant recipients must:

  • be a 4 year college or university in North America
  • offer at least one entrepreneurship course
  • be engaged in student entrepreneurship experiences and learning
  • encourage the development of at least one undergraduate e-Fest team
  • visit the EIX.org website and provide feedback about using EIX.org entrepreneurship teaching resources in class and student activities.*

*Our EIX.org website offers free, peer-reviewed entrepreneurship teaching resources, research, and articles. EIX and the Richard M Schulze Family Foundation are the sponsors of e-Fest, which is held at the University of St Thomas, Schulze School of Entrepreneurship, in Minneapolis.

e-Fest Eligibility

  • Must be all undergraduate students registered during 2023 spring semester, or have graduated no earlier than Fall 2022
  • Must attend a 4-year college or university in North America
  • Must have a team advisor who is on the faculty or center staff at the university
  • Teams must have at least 2 and no more than 5 members
  • Other people can be involved in the venture (non-students / past graduates), but e-Fest student team members must have a substantial leadership role in the venture
  • Team members can be from different schools, but will submit as one team from one school for administrative simplicity
  • Winning teams agree to allow their video submission and slides to be published by EIX
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