Formidable Fund

Quick Facts

• ·Grant Amount: $1,000
• ·Type: No-strings-attached grant (no equity, debt, or obligations)
• ·Deadline: February 21, 2025 (Winter cohort)
• ·Status: 501(c)(3) non-profit
• ·Eligible Applicants: Middle and high school students in USA with active, revenue-generating businesses
• ·Team Structure: Individual or team founders (one grant per business)
• ·Not Eligible: Business plans, pre-revenue ideas, non-profits, pitch decks only
• ·Contact: info@formidablefellowship.org

Mission

Formidable Fellowship is a group of successful entrepreneurs and investors funding the next wave of young US entrepreneurs. The organization believes that building and selling real products teaches more than any classroom ever could.

Funding Details

• ·Active Businesses Only: Must be generating revenue
• ·Any Business Type:
  • —Online Businesses (dropshipping, e-commerce, affiliate marketing)
  • —Software (games, apps, SaaS)
  • —Service Businesses (tutoring, lawn care, errands)
  • —Retail (food, clothes, physical products)
  • —Creative Ventures (design, photography, crafts)

Application Process

1. 01Submit Application: Complete brief form at formidablefellowship.org
2. 02Record Video: Share your business story and goals
3. 03Decision Timeline: All Winter cohort decisions by March 5, 2025
   • —Rolling applications (earlier submissions preferred)

Application Guide

Key points to address in your video:

• ·Product/service description
• ·Creation process
• ·Origin story
• ·Customer base and acquisition
• ·Marketing strategy
• ·Problem solving approach
• ·Revenue model
• ·Team structure
• ·Business highlights
• ·Areas needing support