Harvard Business School recently announced its Minimum Viable Product Fund (MVP Fund). The fund is run through the Arthur Rock Center for Entrepreneurship and will award $50,000 to student teams that want to start a new businesses and work on a ‘minimum viable product’. From the HBS Startup Tribe website:
The Fund will make up to $50,000 in total awards to student teams. It will target ten $5,000 awards; teams may request more or less funding, but in no case will an award be greater than $10,000. The first deadline will be January 28 at 4:00. If there are a sufficient number of outstanding proposals, then all the funding will be awarded in this cycle. If not, we will announce another cycle some time later in the winter semester.We expect that most proposals will come from teams entered in the HBS Business Plan Contest. However, you are not required to enter the Business Plan Contest to apply for this funding.