Seed funds are one of many ways Youth Venture supports Venturers.
Youth Venture provides start-up grants of up to $1,000 to Venture Teams. The purpose of this funding is to help Ventures operate until they can start generating their own revenue. Seed funding should be used to fund items that are essential to the success of the Venture.

Use seed funds for:

  • 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 If the equipment becomes outdated, it should be sold as a fundraiser or donated to an organization.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. (Don’t forget to ask for in-kind donations of transportation before spending grant money).

Do not use seed funds for:

  • Money that goes into Venturers’ pockets. Youth Venture will not 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.

© Youth Venture, 2007. All rights reserved.

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How Can I Use my Seed Funds.pdf554.71 Ko