Pitt students who want to explore innovation and entrepreneurship now have a new resource to help them bridge the critical period between the initial idea and having a prototype or beta version of their product or service.
The Big Idea Advantage Fund, a new resource by the Big Idea Center, part of the University of Pittsburgh’s Innovation Institute, will provide investments between $10,000 and $25,000 to Pitt students of any level—first-year to postdoc—from any part of the University. The first investments to approximately three to five student startups will occur this May. Moving forward, three to five teams will receive awards in both the fall and spring semesters.
“Since its launch in 2018, the Big Idea Center for student innovation has been building a suite of programs, events and resources that provide Pitt students with experiential innovation and entrepreneurship learning opportunities,” said Babs Carryer (pictured), director of the Big Idea Center. “Through the Big Idea Advantage Fund we can provide students who demonstrate exceptional commitment and whose ideas show commercial potential with critical early funding to support them before they are able to generate revenue.”
The Big Idea Advantage Fund is being made possible by donors who have stepped forward to accelerate the growth of student innovation and entrepreneurship at Pitt.
Visit the Big Idea Advantage Fund website for more information.