The US government will give your startup up to $1.55M and take 0% equity.
@NSF's America's Seed Fund is open again after Congress reauthorized it in April.
Three tracks:
- Phase I: up to $305K to prove the idea
- Phase II: up to $1.25M to build it
- Fast-Track: up to $1.55M, both phases in one go
Who can apply:
- US-based startups with 500 or fewer employees
- 51%+ owned by US citizens or permanent residents
- Not majority owned by VCs
- All the work done in the US
How it works:
- Send a 3-page Project Pitch first
- NSF invites the best ones to submit a full proposal
- Next full proposal deadline: Nov 4
Phase I funding rates have run about 10 to 20%. It's work, but nobody takes your cap table.
Application link ๐ https://t.co/f5CcZoC1bf
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