Ventures must be led by Columbia University students, alumni, faculty or researchers, or be advised and have significant involvement by Columbia University faculty or researchers.
There is no time limit after graduation for alumni to apply. The entire team need not be Columbia University affiliated; one founding member or significantly involved faculty or research advisor is sufficient.
Awards of up to $25,000 are available. Three to four awards are available per application cycle.
The Tamer Fund for Social Ventures at Columbia Business School provides seed grants to nonprofit, for-profit, and hybrid early-stage social and environmental ventures. Social or environmental ventures are defined as those working to solve a social or environmental problem. In general, social and environmental for-profit ventures produce products and/or services that either focus on addressing the needs of low-income communities or customers with an explicit purpose of increasing the welfare of these groups, alleviate a market failure and create significant public goods or benefits that are not wholly captured in the price charged by the business, or have attracted funding for the business by investors or grant makers who are seeking measurable social or environmental impacts.