Gap Fund Recipients: May 2018

While Summer 2018 is in full swing, we continue to highlight the Gap Fund recipients for May 2018. Wizio and All-in Nutrition were both awarded Gap Funding, and we are excited to see these ventures evolve. To learn more about these two ventures and their plans to use the funding, see below:

Wizio

Wizio is the first Virtual Reality based listing platform for real estate. In other words, the platform allows you to go apartment hunting from the comfort of your own home by exploring 360 degrees viewings of apartments directly on your electronic device. Wizio is ready to go to market and with Gap Funding, they are hoping to get more apartment listings available on their website. Their go-to-market advertising strategy incorporates social media advertising, as well as some short videos describing their brand and offerings for the public to see.

All-in Nutrition

All-in Nutrition is a nutritional bar company focused on bringing high quality food products to market. The venture believes in redefining the energy bar industry, especially in a landscape filled with misinformation and poor ingredients. With Gap Funding, All-in Nutrition is hoping to rebrand their Wicked Energy bars. Because of new FDA regulations coming in 2019, they must make changes to the requirements on the nutritional label. Their package designs will have to be rebranded and converted to the FDA approved layout, but requires purchasing of the minimum order to do so.

Congratulations again to these two ventures!

IDEA Gap Funding is a non-equity educational grant available to ventures in the GO stage of IDEA’s process. Applicants may apply on a bi-monthly basis where their business plans are reviewed by IDEA’s student Investment Committee upon being selected to pitch plans to IDEA’s Advisory Board. Applicants may receive up to $10,000 in funding.