What happens after I’m invited to apply and I submit an Executive Summary to JumpStart Ventures?
The JumpStart Ventures team will review your Executive Summary and contact you about one to two weeks later with feedback and to determine any next steps. If you are not selected to move on to the next stage, it doesn’t mean your idea is bad. It could mean that your written plan didn’t convey the idea as compellingly or simply as it could have, in which case you have the option to rewrite and resubmit it. It could also mean that the idea does not have a sustainable competitive advantage or differentiator. Or, it could simply mean that your growth objectives are not aligned with our investment objectives (for example, you don’t plan to raise additional equity investment from other investors). We welcome entrepreneurs back into our process if they are able to address any obstacles that we have identified or if there are material changes to their business of which we should be aware.
Related Questions
- If I’m invited to full application stage do I need to submit it straight away to ensure there is funding available for my project?
- Where and how should I submit the executive summary, résumés/cvs, personal statements and PowerPoint presentation?
- What happens after I’m invited to apply and I submit an Executive Summary to JumpStart Ventures?
