IDEA: Northeastern University's Venture Accelerator focuses on supporting student entrepreneurs through various stages of business development, primarily offering grants and pre-seed funding. The accelerator provides monetary support ranging from $5,000 to $47,000, targeting early-stage ventures across diverse sectors. IDEA emphasizes experiential learning, guiding founders from concept to launch with educational resources and community engagement.
Notable portfolio companies include Mavrck, Mobile Pixels, and BusRight. The accelerator is student-led, leveraging Northeastern's strong emphasis on experiential learning to offer unique value-add services such as in-kind resources and mentorship opportunities. This hands-on approach helps student entrepreneurs refine their business models and gain practical experience, positioning them for global career success.
Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Total Investments90
Current Portfolio Count61
Total Portfolio Exits0
Top Investment Stages
Grant82 (92.1%)
Pre-Seed4 (4.5%)
Angel1 (1.1%)
Non Equity Assistance1 (1.1%)
Seed1 (1.1%)
Stage Mix
Grant 92%Pre-Seed 4%Angel 1%Non Equity Assistance 1%Seed 1%
Concentration shown as share of disclosed investments by stage.
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Classification
- NAICS
- 520000Finance and Insurance
- 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- 523900Other Financial Investment Activities
- 523990All Other Financial Investment Activities
- 523999Miscellaneous Financial Investment Activities
- SIC
- 7300Business Services
Show 6 more industry codes
- NAICS
- 540000Professional, Scientific, and Technical Services
- 610000Educational Services
- 541000Professional, Scientific, and Technical Services
- 611000Educational Services
- SIC
- 8200Educational Services
- 8290Schools And Educational Services, Not Elsewhere Classified