Closed PamelaJohn closed 6 years ago
Consent to proceed updating the 2016/17 Budget Breakdown was given 1/22/2018. Consent to implement filing the NMV with bottom line annual budget as reflected in the 2018/19 Proposed Budget was given 1/29/2018.
UPDATE: On Feb 27, 2018, ProgCode received an email notification from Wesley Panek via F6S that we have made it past the initial applicant screening process. Following is the body of the email as well as important upcoming dates.
Dear Open Call Applicants,
Congratulations! You have made it past the first stage of our screening process. Here's what to expect:
Shortlist Announcement (mid March) The NMV team, along with an investment committee of external experts, is currently conducting a more in-depth evaluation of your application, after which you will receive a message informing you whether or not you have moved onto the next in the process, a first round interview.
First Round Interview (March 19-30) We will interview the CEO / Executive Director or one of the founders of the team to learn more about your application (over video). Please hold these dates available for interviews as much as possible.
Finalist Announcement (early April) After first round interviews, you will receive a message informing you whether or not you have have been selected as a finalist, and will be asked to provide more information about your work at this time (e.g., financials, references).
Final Diligence (complete by end of April): We will ask for additional information to complete our diligence, which may include another interview with your core team (over video) to help us make our final decisions.
Good luck! Thank you again for your inspiring work, and for taking the time to apply to the Open Call. We will make final funding decisions in early May.
Best, The NMV Team
Latest email today from Wesley Panek via F6S indicates the NMV team and investment committee experts are wrapping up in-depth evaluation of our application. We can expect to receive an email from them Saturday, March 17 letting us know if we cleared the next hurdle!
If successful, we move on to a First Round Interview next week, Mon. 3/19 - Fri. 3/30, consisting of:
If you have any suggestions, we would love to hear them!
ProgCode was not selected to move onto the First Round Interview. Feedback from the NMV investor committee was received via email and shared with the community in #wg-progcode-funding.
On 1/18/2018 Pamela attended an NMV webinar for Innovation Fund grant applications and posted the questions in the #wg-progcode-funding Slack channel for community review and input. In 2017, 2.5% of NMV grant applications were approved. Funding available for 2018 is between $50k-250k per grant. NMV Grant Application is due 1/31/2018. Final decisions will be made in April, 2018.
Application Questions
Initial grant applications request the following info:
Problem
To answer the four questions above, we must first:
Benefit
Answering the foregoing questions will enable the Operations team to:
Plan
Decision Making
Reference Links