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Bucks Built Startup Fund: Application Opens May 10
Upcoming round to deploy $125,000 in investments and $20,000 in grants to 10 startups.
Developed and administered by Startup Bucks, a local non-profit organization, with funding from the County of Bucks, Bucks Built provides $250,000 annually in two rounds of $25,000 investments into five promising early-stage startups per round.
Startup Bucks partner Penn Community Bank has funded an additional $40,000 in grants in two rounds to non-recipient finalists.
The application window for the Bucks Built Startup Fund’s third cohort of startups will be open May 10th through June 13th. Early interest submissions are accepted year round.
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For 12 months following the investment, each startup receives partnered advising, resources, connections, and programming from the Bucks Built team and Startup Bucks community focused on enabling growth and securing follow-on funding.
Interested startups can learn more and apply at bucksbuilt.com.
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Companies do not need to be based in Bucks County to apply, but they do need to meet certain criteria. In addition to being innovative, differentiated, and scalable, eligible startups must already have or have intentions for a founder to reside in, hire employees, and/or base some operations in the County.
The 10 startups from the inaugural Spring 2021 and Fall 2021 spanned diverse industries from HR and clinical software to vegan haircare and medtech. Those 10 have already gone on to raise a combined $6 million in follow-on funding, with 5 receiving funding from Ben Franklin Technology Partners of Southeastern PA.
“The Bucks Built investment has helped us to manufacture our first batch of devices which we shipped out in the first quarter of this year. The program has also provided me with mentors and advisors who have been instrumental in helping me and my team to stay accountable and goal-oriented through the past year.,” says Amira Radovic, Founder and CEO of TheraV.
The Bucks Built team will hold online information sessions to field questions from interested startups and partners on May 12th and May 17th. Registration is available on bucksbuilt.com.
You can also connect with the Startup Bucks community every Wednesday at 9am on Zoom during the weekly entrepreneur forum, Founder's 30 // Powered by Penn Community Bank.
Interested in applying? Head to bucksbuilt.com.
Questions? Get in touch with the Bucks Built team at bucksbuilt@startupbucks.org.