The Digital Catalyst Fund formally announced today that it is accepting applications to its start-up boot camp for student entrepreneurs.
This initiative represents a unique opportunity for student entrepreneurs to develop their business and build a working prototype in a single summer– all expenses paid.
The value proposition is "simple but powerful," in the words of one applicant. Entrepreneurs receive $30,000 in technical talent, a cash stipend, and living expenses – a package worth $50,000.
Entrepreneurs who are passionate about building new media ventures while still in college are encouraged to apply. Student entrepreneurs who are selected will be fully accommodated in a renovated mansion – including a live-in chef - in Bucharest from early June to mid-August 2013.
The Digital Catalyst Fund is the 'go to' place for student entrepreneurs," noted Zach Davis of Stylitics, a Wharton Business Plan Competition winner of 2011 and a DCF portfolio company. "This is an extraordinary opportunity to join a community of other like-minded entrepreneurs, and to collaborate every day on making your business vision come to life."
Applications to the boot camp should be submitted by February 15th. Decisions will be announced by late March. Approximately ten teams will be selected in all.
The Digital Catalyst Fund is a Bucharest-based venture capital fund focusing on new media technologies and digital marketing. The Fund makes early stage investments into companies with a full-time CEO, in addition to supporting the summer boot camp for student entrepreneurs.
For more details and to apply, visit the Digital Catalyst Fund website, www.digitalcatalystfund.com