Apply: YP Ventures
For Millennial Nonprofit Founders
Apply to Receive Capital from Young Philanthropist Venture Fund!
The Young Philanthropist Venture Program (YP Venture Program) is a 5-month program housed under and maintained by Capital Cause, a 501c3 nonprofit that (a) provides training and funding for founders of nonprofits seeking to launch and/or scale their business, and (b) awards them with access to skilled volunteers in Capital Cause young philanthropist network.
In order to participate in the YP Venture Program, non-profit organizations that apply, must meet the following criteria:
- At least one of the founders must be a millennial (21-35 years old)
- Must be an 501c3 organization (to include fiscally-sponsored nonprofit organizations)
- At least one of the founders must be a millennial (21-35 years old)
- Must serve the DC, VA and/or MD community
- Focus must be in one of the following areas: education, health, poverty or environment
- Must have an operating budget of no more than $50,000
- Must have been in existence for more than 1 year, but less than 5 years
If at least one of the organizations’ founders is not a Capital Cause member, there will be a $30 application fee.
JOIN CAPITAL CAUSE TODAY and APPLY TODAY
Benefits:
Organizations that are selected to participate in the YP Venture Program and fulfills the program’s requirements, will receive a number of benefits, including: Training, Mentorship, Pro-Bono Skill-Based Support and a Financial Donation.
Training:
Participants in the YP Venture Program will receive training on topics including but not limited to:
- Effective Story-Telling
- Pitching Your Venture Idea/Nonprofit Campaign
- Obtaining Start-up Capital and Philanthropic funding
- Project Management and Working in Teams
- Providing and Locating Pro Bono Support
- Leveraging Technology to Attract Supporters
Mentorship:
Participants will have the opportunity to interface with a personal mentor in the nonprofit, philanthropic and/or business arena that can provide one-on-one support and guidance. The type of support that the mentor may provide includes, but is not limited to:
- Refining Business Plan
- Creating a funding strategy
- Developing effective marketing and outreach strategies
Pro-Bono Skill-Based Support:
Capital Cause will leverage current membership base, collaborations and networks to provide pro-bono skill-based support to YP Venture Program Participants. Each participating organization will be required to outline a plan to utilize young philanthropist pro-bono support. The type of skill-based support the participants can have access to includes, but is not limited to:
- Web Development Support
- Grant Writing
- Fundraising Efforts
- Event Volunteers
Financial Support:
Each organization participating in the YP Venture Program will receive $500 – $2,500 in capital to support a project that will be implemented no later than 120 days after receipt.
Organizations are responsible for raising 25% of the funds that are gifted through the venture fund. This is to ensure each organization’s commitment to their project and serves as fundraising practice for the organizations.
There will be opportunities for the organizations to pitch their projects and fundraising efforts to other young philanthropist and Capital Cause supporters, in an effort to receive financial support and constructive feedback on the pitch. Participation in the pitch opportunities is mandatory for all participants.
Commitment:
Participation in the YP Venture Program requires significant commitment from the participants, to ensure each organization receives maximum benefit for participating in the program.
Each organization is required to make the following commitments:
- At least one founder must attend 3 Young Philanthropist Dinners (YP Dinners)
- At least one founder must participate in one Capital Cause Pipeline Project
- Raise 25% of funds gifted through the venture fund
- Develop a plan to utilize pro-bono support from young philanthropist for venture
==} APPLY TODAY {==
DEADLINE: Rolling Admissions Until Filled