What does Youth Venture fund?
Youth Venture provides start-up grants to Venture Teams. The purpose of this funding is to help Ventures operate until they can start generating their own revenue. Youth Venture can only fund items that are essential to the success of the Venture.
Youth Venture Funds:
• Organizations and for-profit businesses that exist to serve the community.
• Initial costs, such as supplies, equipment, trainings transportation, the cost of the first fundraiser, and space for teams for one year.
• Equipment that is necessary for the success of the Venture and that will permanently belong to the Venture (If the equipment becomes outdated, it should be sold as a fundraiser or donated to an organization).
• A conference or training necessary to the success of the Venture.
• Transportation necessary to the success of the Venture.
Youth Venture Does Not Fund:
• For-profit businesses with no community benefit.
• Money that goes into Venturers’ pockets. Youth Venture will never pay for salaries.
• Equipment that is unnecessary for the success of the Venture or will later become the personal property of a Venturer.
• A conference or training with an unclear relationship to the Venture.
• Transportation unnecessary to the Venture, or that could be provided through some less expensive means.