Everday Entrepreneur Venutre
Fund Phase II – Colleges

NACCE has invited community colleges and Historically Black Colleges and Universities (HBCUs) to participate in the two-year program, Everday Entrepreneur Venture Fund (EEVF) Phase II. Learn more about the Phase I of the EEVF Pilot Program here.  NACCE is currently accepting applications by invitation only in response to this Request for Applications (RFA) and is seeking seven to nine  Phase II institutions willing to foster entrepreneurship, with an eye towards innovation, diversity, inclusion and local economic growth. Qualifying institutions accepted into EEVF Phase II will receive a grant of up to $20,000 based on the confirmation of local matched dollars. Phase II applicants are encouraged to begin the application process prior to securing matched funding. 

The goal of EEVF Phase II is to help cultivate entrepreneurial mindset, provide scalable resources, strategies and tools, and build a sense of community in colleges, who are dedicated to empowering future entrepreneurs with the financial management skills and tools required for long-term business success. 

Our objectives with participating community colleges are to:

  1. Give students access to grants/loans for business seed funding not available elsewhere and help them obtain skills required to be a successful business owner.

  2. Create a collaborative learning environment and system of support for a cohort of aspiring entrepreneurs within the community college network.

  3. Build scalable, profitable and highly visible businesses that engage a diverse student community through existing curriculum resulting in an expanded local ecosystem and an increase in available employment.



EEVF Pilot Phase II Timeline

NACCE encourages all applicants to attend scheduled informational webinars that will further clarify the EEVF Phase II application process and funding plan. Questions regarding all aspects of the EEVF program and the Phase II application process may be submitted to NACCE Vice President Anne Strickland no later than 5:00 p.m. on Friday, April 24, 2020. The Request for Applications timeline is as follows:

 Request for Pilot-School Applications Issuance
 April 9, 2020
 Webinar 1 | Introduction: Program Launch   Requirements, Timeline & Financial Awards



 April 14, 2020
 12:00 p.m. - 1:00 p.m. EDT
 Webinar 2: Development: Fundraising, Grant Making,
 Funding Committees and Sustainability



 April 22, 2020
 12:00 p.m. - 1:00 p.m. EDT
 Deadline to Submit Questions Regarding
 RFA Process and Requirements
 April 24, 2020
 Answers to Questions Posted/Shared with Applicants


 April 29, 2020
 Applications Due to NACCE
 May 15, 2020
 Final Selection of Pilot Schools
 June 1, 2020
Funds Issued to Selected Colleges
 (Funding contingent on secured local matching funds)
 June 15, 2020