What is the program's structure like?
We have meetings every week in which teams discuss their progress, milestones reached and receive feedback. Each team will also have regular meetups with their assigned industry mentors who will provide advice and guidance.
What are the benefits of this program?
We offer mentorship with top LA investors and entrepreneurs, along with resources and a dedicated coworking space where students can connect with other like-minded students. There will be regular workshops and talks by established and well-known entrepreneurs and industry professionals. Furthermore, the Accelerator teams will also have a weekly feedback session to discuss milestones reached and best practices.
What are the requirements / qualifications for this program?
All current UCLA undergraduates and graduates are welcome to apply. We highly encourage students from diverse majors to consider this program.
Who are the mentors?
We are still coordinating and finalizing mentors' availabilities and schedules. Once confirmed, we will update this page and notify members and subscribers on the mailing list.
What role do the mentors play?
Mentors will provide advice and any guidance deemed necessary to aid teams in their progress. Mentors can also introduce teams to their own network of relevant and valuable contacts.
What is expected of teams?
Teams are expected to commit to the program for the entire duration and this includes attendance at meetings. Teams are also expected to meet set targets and milestones while maintaining professionalism at all times.
At what stage does my company have to be at to be eligible for this program?
We welcome any team at all stages although teams with minimum viable products are preferable.
How big can my team be?
Teams typically consist of 2-4 individuals. Larger teams may be accommodated on a case-by-case basis.
What if I don't have a team?
We highly encourage you to find team members with complementary skill sets who can support each other since a startup can be strenuous on a single person. However, we will still consider your application on a case-by-casis basis.
Am I allowed to submit more than one idea?
You may. However, we advise applicants to ensure all ideas have been well thought-out and developed.
Does my idea have to be tech-focused?
No, we greatly encourage ideas from all fields.
What if my idea requires capital to start?
Unfortunately, Bruin Entrepreneurs does not provide any capital or funding at this moment. However, we can help connect you to relevant resources that may benefit you. (Note: We are contemplating need-based funding, we'll keep you posted)
Do I have ownership over IP on my venture created during this program?
You have ownership over all that has been created by your own work However, please ensure that any work that involved third parties is properly accounted for so as not to infringe upon IP issues. All mentors will be asked to sign a Mentor Agreement to ensure understanding of their roles, tasks and entitlement to any sort of equity or IP.
Are there course credits?
bVentures is not an official college course and hence will not have any course credit. It will not be recognized on your transcripts or degree.