I’ve applied for a previous Radicle Challenge and didn’t win. Am I eligible to apply again?
Yes, we’d love for you to apply again. Anyone who has not previously won a Radicle Challenge is eligible to re-apply as long as your technology is a fit for the search of the Challenge.
What are the requirements to apply?
Companies of any size, anywhere in the world are eligible to apply. The key requirement is that there must be a $100,000 investment to date either in cash or in-kind in the applicant’s company or technology to be eligible for funding through this Challenge.
I am a student. Can I apply?
Yes, student innovators are eligible to apply for a Radicle Challenge, but investments are made in formed companies, so the innovation would need to result in a formed company for an investment to be made.
I’ve already submitted by application and our business has hit a new milestone, received an industry accolade, launched a new product, etc. Can I update my application?
Once an application is submitted, it cannot be updated or modified. However, we would like to hear from you, so please email us at firstname.lastname@example.org.
Some of the information in my application is confidential. Can I ensure that all information I submit will remain confidential?
Everything that is contained in your application will only be seen and reviewed by the committee performing due diligence to select the finalists, and the judges deliberating on the winners (if you become a finalist). All information contained in the application is considered confidential, however, we urge you to only submit information that you feel is appropriate to evaluate your application.
What are the terms of the investment?
Terms of our investments are negotiated with finalists ahead of the Pitch Day competition and will be normal and customary terms and conditions for a venture investment.
When will finalists be notified?
Will companies who are not chosen as finalists be notified as well? After the application close on May 29, we will perform several months of due diligence work on the applications that come in from around the world. We will reach out for more information from companies that are on our shortlist of top applicants, starting around mid-July. We will announce the finalists in mid-August, ahead of the Pitch Day event for the finalists this Fall. We will notify all applicants which companies are selected as Challenge finalists.
Please reach out to Damaris Mozo at email@example.com for any other questions. Thank you for your interest.