For those thinking about launching or announcing something ‘cool’ in the fall, DEMO has a new scholarship program they unveiled earlier this month that will allow a portion of the companies at the event launch for free.
The DEMO Scholarship Partner Program has brought in a number of sponsor partners who will subsidize at least 20 companies that have raised less than $500,000 — basically, those with no or minimal funding. Another 10 angel-backed companies — those that have raised only seed rounds of less than $1.5M — will get partial scholarships to cover at least half of the cost of launching.
Another great win win is the initiative they’re doing with the Kaufman Foundation, which plans to support a scholarship for four companies with female CEO’s. Anything that promotes and supports more women to get involved, lead the charter and take the leap to launch is a great thing for the industry, so kudos to them for making it a priority. The original press release can be found here. And, here’s the list of all the scholarships including a link where you can apply.