Allston Venture Fund

Allston Venture Fund is an investment collaborative that provides pre-seed funding to high-potential, high-impact ventures led by Harvard students. Typical award amount: $10,000-$100,000. The fund is backed by Bain Capital, General Catalyst, GETTYLAB, Highland Capital, Polaris Partners and Underscore. The fund invests approximately $700,000 per year over three investment periods: Fall, Spring, and Summer. Investments take the form of a simple agreement for future equity (SAFE) and range in value from $10,000 to $100,000. More than one team may be funded each round. Open to Harvard student-led ventures that meet all the following criteria without exception: -The venture has an active founder or cofounder who is a matriculated, degree-seeking Harvard student. -The venture has achieved material traction. -The venture is incorporated as a C corporation. -The venture is actively raising capital.