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Resources > Prototype Fund

Prototype Fund

Prototype Fund

The Prototype Fund is a competition that awards up to 5 $1,000 grants to promising prototype concepts 7 times per year. You don’t need to be an IDEA venture to apply but we do hope that these concepts will one day develop into profitable ventures.

The Prototype Fund is an effort spearheaded by IDEA, Northeastern Entrepreneurs Club, and the Northeastern University Center for Entrepreneurship Education in order to encourage students and recent graduates to take the leap and try to develop their own product. We look forward to seeing your applications. Good luck!


Students and recent NEU graduates (within the past 5 years) can apply. You can only receive Prototype Funding once every 12 months.


Up to 5 winners of up to $1,000 per month


Monthly; Applications are due the 15th of every month (see below) and winners will be notified by the 1st of the following month