the Entrepreneurship Center at Ball State University provided four students with pre-seed fund grants to help them grow and grow their businesses.
This semester’s winners are Hunter Beale, an entrepreneurship and innovation major; Emali Grose, an entrepreneurship major; Holden Robinson, a junior entrepreneurship and innovation major; and Ani’a Walker, an entrepreneurship major.
Twice a year, all Ball State students are invited to apply for pre-seed grants of up to $2,500 per student, per semester, for business development. This fund was created to help students take their new business concepts from idea to prototype. Funds have always been used to conduct market research, create digital renders, obtain certifications, and more.
“We have increasingly seen student ideas stop developing due to a lack of funding. Many ideas are too early for bank loans or angel investors, so the pre-seed fund helps fill the gap and help our students take those first steps,” said Kristal GeyerDeputy Director of the Center for Entrepreneurship.
Among the winning entrepreneurial projects this semester:
• Mr. Beale received funding to hire a designer to do 3D renderings for his Simpler Living concept, a small Tennessee-based home rental business.
• Ms. Grose received funding to obtain 3D renderings for EMG Commercial Development, a real estate development company specializing in the revitalization of Midwestern cities, starting with a vacant Marsh building in Warsaw, Ind.
• Mr. Robinson purchased items to build a prototype for Relixir, a nutritional supplement subscription service.
• Ms. Walker used her grant funds to take her high-end cupcake business, Puff’s Pastries, to the next level.
For Ms. Grose, the ability to use pre-seed funding meant she could better explain her ideas to various stakeholders.
“Receiving pre-seed funding made my dream come true,” Ms. Grose said. “It wasn’t just an idea anymore, I was able to bring it to life through visuals.”
For more information on the pre-seed fund, visit www.bsu.edu/entrepreneurship/seedfund or email email@example.com. To contribute to the pre-seed fund to continue fostering student entrepreneurship, contact Brian Meekin at firstname.lastname@example.org.