Avinger Impact Fund
Fall Applications due Tuesday, October 20th, 2019
Spring Applications open February 2020
PURPOSE OF THE AVINGER IMPACT FUND
Established in honor of Robert L. Avinger, Jr., a member of the Davidson Class of 1960 and professor of Economics from 1967-1980, the Avinger Impact Fund fuels the vision, qualities, and passions of an innovator, giving evidence of creativity, energy, and initiative that will lead to success in future endeavors. (The Avinger Impact Fund was formerly known as the Avinger Scholars Program.)
Through small, project-based grants, the Avinger Impact Fund awards microgrants up to $10,000 to Davidson entrepreneurs looking to validate and advance their idea. We have found that funding, paired with mentorship and guidance, early in a company’s lifecycle, can make a significant impact on future success.
CRITERIA FOR SELECTION
Successful applicants should demonstrate a serious commitment to their proposed idea, issue, project, or venture — even if they still have unanswered questions or unvalidated assumptions. That is fully acceptable! However, they must be willing to work hard, think critically, take smart risks, and learn from failure.
Finalists are chosen on the merits of their written application (to be submitted via our online webform). The deadline for applying is midnight on Sunday, October 20, 2019. Finalists will be notified by October 24 if they are selected for an in-person interview. Interviews will be conducted by members of the Avinger Impact Fund Advisory Team, in partnership with The Hurt Hub@Davidson faculty and staff, in early November 2019.
REQUIREMENTS FOR FUNDING
If you are selected to receive an Avinger Impact Fund microgrant, you will be asked to review your initial budget with a mentor – and submit a final budget before any funds are disbursed. You will also be required to enroll in our Hurt Hub Mentoring Program, which matches you with a local team of experienced mentors who can help you grow and shape your business idea.
*Please find the initial budget form here.
The Finer Print
The Avinger Impact Fund microgrants are considered taxable income, not scholarships. Please consult with a tax adviser if you have questions about how this may impact your personal tax situation.
CHECK OUT PAST WINNERS