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Morgan Startup Grants

Morgan Startup Grants

Thanks to generous support from Burton D. Morgan Foundation, LaunchNET is offering funding via Morgan Startup Grants to help Kent State student and alumni entrepreneurs move their businesses forward with inventory, capital, product, or other related purchases. Grants range from $100-$3,000 depending on applicant and business status.

 

Summer 2025 Grant Cycle

Open to revenue generating student and alumni businesses. Application and details are below.

 

Applications will close on June 27, 2025 at 11:59 PM. Applicants will be contacted for additional information and to schedule venture meetings with LaunchNET to discuss requests and potential funding.


If you have any questions, please email launchnet@kent.edu.
 

Program Details

Eligibility
  • Applicant must be ºÚÁÏÍø student or alumni
    • Students can request funding up to a maximum of $1,500
    • Alumni applicants can request funding up to a maximum of $3,000
  • Business must be for-profit, based in Ohio and currently revenue generating
    • Alumni businesses must be registered in Ohio
  • The business idea or product that the venture is focused around MUST be inspired and/or made/produced by the founder (applicant).
  • Business products CANNOT be part of another business (multi-level or pyramid model, franchise, etc.)
Application Requirements

As part of your application you will also be uploading the following materials: 

  • An elevator pitch video
    • 3 minutes or less and focused on your business and why
      you are requesting funds (video may be unlisted or pw protected).
       
  • A completed funding request template
    • Template can be found
Post-Award Requirements
  • Completion of at least two venture meetings with member of LaunchNET team
  • Completion of post-award survey
  • Provide updates via survey 30 days, 60 days, 90 days and 120 days post-award
  • Completion of LaunchNET intake form if not current client
  • One LinkedIn post about award and/or business progress tagging @LaunchNET ºÚÁÏÍø and @Burton D. Morgan Foundation along with #MorganStartupGrants
Fund Distribution
  • For Students: payments are issued through the scholarship process to your bursar's account and will be issued as a refund to you in a few days, typically through a check in the mail or direct deposit.
  • For Alumni: grants will be distributed through the ºÚÁÏÍø Foundation. Grant recipients will be required to complete a W9 form including business name, entity, address, and EIN.
Awardee Opportunities (Optional)
  • Burton D. Morgan Foundation-supported educational
    sessions (available to Morgan Startup Grant participants in Fall 2025)
     
  • Participate in LaunchNET's programming/event(s) as a guest speaker, mentor, vendor, workshop facilitator etc.
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