DreamIt Offers Pre-Seed Funding

Got a great idea for something you and your team could build in 3 months? Willing to spend those three months living in Philadelphia from mid-May through August this year? Then you might want to head over to DreamIt Ventures and put in an application for one of their twelve pre-seed “Dollarships.” They’re looking for young hacker types with a great idea who can use business support – they’ll provide legal and business mentoring, help you find space, and help you put together your pitch for further funding at a Funding Day in August.

Of course, there’s no free lunch: they want a passive equity stake in your budding company if you sign on. And if you’re really successful, the $10-30,000 they’re putting into the pot to get that will be a mighty good investment. But if you’re struggling to jump start an idea, this may be the help you need.

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