North Bridge Venture Partners, an early stage venture capital firm with offices in San Mateo, CA and Boston, MA, launched a new seed capital competition in conjunction with Stanford University’s Asia-Pacific Student Entrepreneurship Society (ASES).
The competition will award the winning team up to $50,000 in seed capital, $25,000 of in-kind development support, up to six months of incubation space at North Bridge’s San Mateo, CA office and access to, and mentorship from members of the North Bridge investment team.
North Bridge’s inaugural 2010 seed capital competition provided funding for two companies:
– Magoosh, an online multi-media test preparation company based in Berkley, California, and
– Profitably, a web-based business intelligence and improvement service for small, medium businesses based in New York.
For application details, email Cali Tran (cali at northbridge.com) or Jason Lin (Lin_Jason at GSB.Stanford.Edu).