Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Northeastern University Venture Fund, known as IDEA, is a student-led venture accelerator founded in 2009 and based in Boston, Massachusetts. The fund focuses on supporting Northeastern entrepreneurs by providing educational, monetary, and community-based resources. IDEA has backed six companies and engages founders in experiential learning.
IDEA invests in ventures led by students, alumni, and staff of Northeastern University, targeting pre-seed to seed+ stages. The accelerator emphasizes customer validation, business model development, and execution of venture milestones. Resources include workshops, mentorship, and access to funding opportunities.
Notable portfolio companies include Slate Milk, a healthier chocolate milk option; BusRight, enhancing school transportation; 88 Acres, allergen-free snacks; Mavrck, a social media influencer collaboration tool; Drink Simple, offering maple water; and Mount, a rental platform for travelers.
Submit your pitch through their form at ideaneu.com or email ideaneu@gmail.com with your deck.
IDEA runs the Northeastern University Venture Fund (IDEA), which offers a structured accelerator program for student-led ventures, providing educational resources and funding opportunities.
IDEA typically participates in early-stage funding rounds but does not lead them. The focus is on supporting ventures through mentorship and resources.
IDEA may consider follow-on investments based on the progress and needs of the portfolio companies, particularly those led by Northeastern affiliates.
The specific size of IDEA's current fund is not publicly disclosed, but it is designed to support multiple ventures through various stages of development.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.