What is the Student Seed Capital Process Objective? 

To provide startup and early stage working capital funding to any full-time Juniata College student run business. The student must be in good standing (i.e, no academic probation, conditional acceptance status or significant current student affairs disciplinary action). Or a faculty run business where students play a significant role, interested in starting a for-profit business in the local area of Huntingdon County. 

What is the Process? 

  1. Submit a written detailed business or operation plan to the JCEL Staff. It is recommended students take advantage of NextStep Fellowship to developed their comprehensive business plan. 
  2. JCEL staff and the JCEL Board of Directors will review the plan, they may require additional details. 
  3. Within 30-days, a BOD meeting will be scheduled where the student will present (in person/ Skype/ teleconference) their idea to the Board of Directors. It is recommended the student's entrepreneurial support team (faculty sponsor, mentor, etc) attend this presentation. 
  4. Upon completion of the presentation, approval may occur unconditionally or with conditions. The request may be tabled or rejected by the Board of Directors. 
  5. If approved, a Seed Capital Agreement (SCA) will be executed detailing the terms and conditions of accessing the funds* requested.

*Funding levels generally do not exceed 15,000.000 per plan