Our mission at DIAL Ventures is to take on the Agrifood industry's top
challenges, investing in talent to create new digital businesses and, within
an innovation ecosystem, effecting needed change for decades to come. The DIAL
Ventures studio engages with you as an entrepreneur through our six-month
Fellowship program to provide all the resources and supplemental learning
required to move you quickly into a potential co-founder in a newly created
startup.
Our Fall 2024 studio cycle will focus on **_sustainability and regenerative
agricultural practices_**. If you have a background and deep interest in food
and agriculture and their impact on the world we want to speak to you. In
addition to the talent you bring to the studio, our process immerses you in
the industry across the agrifood supply chain, introduces you to experts, and
fosters high-level corporate connections. The following critical elements are
addressed in the studio process:
* Ideas sourced from industry and research.
* Concept testing with industry partners.
* Minimum viable product development.
* Business and market entry plan development.
* Pre-seed stage funding to launch your company (up to $1M).
* Help in post-launch business creation resources such as software, product design, key hiring, marketing, financial and legal.
* Assist in facilitating field trials with industry partners.
* Introduce initial sales opportunities with industry partners.
* Help to secure a seed funding round to transition into company growth.
During the initial ideation-to-concept phase you work with industry experts in
transitioning from high-impact industry themes to strategic opportunities to
product concepts and business plans in just under 6 months. During this time
you are paid a stipend in the studio, and then if your company is launched we
provide up to $1M in seed funding and after which you transition to company
co-founder and negotiate your compensation package with your Board. This
launches the business build phase where we provide assistance in establishing
business functions such as software engineering, product design, marketing,
legal, etc. We provide all this extra support because we want founders to
focus on getting their product right and moving to first revenue as soon as
possible. We invite you to begin the application process and get involved in
one of today's hottest industry tech segments.
DIAL Ventures at Purdue University focuses on SaaS, Supply Chain Management,
Agriculture, Specialty Foods, and Food Tech. Their company has offices in West
Lafayette. They have a small team that's between 1-10 employees.
You can view their website at <https://www.dialventures.com> or find them on
[Twitter](https://twitter.com/dialventures),
[Facebook](https://www.facebook.com/dialventures/), and
[LinkedIn](https://www.linkedin.com/company/purdue-dial-ventures).
