Rice eXperiment Fund Grant

LILIE RICE EXPERIMENT FUND FOR ALL CURRENT STUDENTS

The Rice Experiment Fund is a program designed to enable you to get straight to testing the assumptions in your student venture. Open to any current Rice Student, RXF pairs equity-free funding with guided mentoring sessions to help you maximize the impact of your experiment. Need to A/B test a social media ad campaign? We’ve got you covered. Want to buy a domain name and test some landing pages to verify your customer’s needs? You’ve got it. Need to hire a freelancer on Fiverr to build out an MVP of your app? Done.

The maximum grant is $500 per student per semester, and the application is open and rolling to ensure you get funds in your hands to conduct experiments quickly to enable your venture to focus on what matters. With up to $4,000 of equity-free funding available to a student over the lifetime of the program, this is a unique opportunity to get out there, test your assumptions and iterate quickly!

THE HIGHLIGHTS

 

WHO CAN APPLY?

  • Currently enrolled undergraduate or graduate Rice University students.
  • Any major or discipline is welcome to apply.
  • Students can apply individually or as part of a team. There is no limit to the size of your team.
  • All applying individuals and team members must be in good academic standing.

HOW TO APPLY

  • Fill out the application here
  • Provide short explanation of your idea, the problem you hope to solve, and how the funding will help you better understand the target market and solution.
  • Create an estimated, line-item budget for the funding needs your venture.
  • Applications are accepted on a rolling basis. We will follow-up within one week.

What are some examples that RXF could support?

 

Have other ideas, needs, or not sure if you qualify? Let us know! Reach out to lilie@rice.edu with any questions.

 

What to expect:

Application