The Farnsworth Fund was formed to stimulate the growth of entrepreneurial companies in Northeast Indiana. That starts with you.
This is what we are looking for.
Big & Bold
We look for founders or early-stage ventures that have growth potential. Since we want to move the needle on regional economic growth, we prefer founders who have a plan for growth.
Skin in the
Those who are actively engaging their customers (or ideally making sales) or building a product or a prototype. We are much less likely to approve a grant for a founder who is waiting for $1,000 before they start doing anything.
We look for founders who engage with the Farnsworth Community. That could be by attending Farnsworth events, following and being actively engaged in our social media or online community, and more.
We recognize the differences between school age and adult founders. Sometimes you may only be able to afford to talk with potential customers, not sell to them. In any case, there is always some action you can take to move a venture forward. We respect action and effort that is appropriate to an individual’s situation. Adult founders have more resources available than school age founders, so we expect more from them.
We know that you may feel you need a little more time and help to be prepared to apply. This is common and you are not alone. That’s why our mantra is “Community, Mentors, Money”. We urge you to join us at events where you can learn from your peers and mentors. You will know when it feels right!
If you apply and do not receive a grant, don’t despair! Less than 50% of applicants receive grants (we simply can’t give grants to everyone who applies.)
We encourage you to reapply after six months and engage with our community in the meantime!
Use this form to apply for a Farnsworth Fund $1,000 grant.
Here’s what happens next:
Woo Hoo! It’s a yes!
Not now. We want you to refine your idea, perhaps make it a bit more defined, stay connected to the Farnsworth Fund community, and apply again.
Try something else. We are concerned this project may not be legal or ethical. It’s a no for this particular project.