FREQUENTLY ASKED QUESTIONS

Why was the JVS Philadelphia Fund for Women formed?

Judee von Seldeneck is a committed leader and successful entrepreneur and businesswoman in Greater Philadelphia.  She has a sincere commitment to help other women succeed in transforming their dreams into economic reality.

How large is the Fund? How much is available for grants? How much is available for investments?

The fund is initially capitalized with $2 million, with $1,500,000 for the grant pool and $500,000 for investments.

May a company apply for both a grant and an investment?

Yes, a company may apply for both a grant and an investment; however, the requirements and review processes for each are separate and distinct.  Grant submissions are submitted via GUST, and investment applications are submitted to Ben Franklin www.sep.benfranklin.org

What type of presentation is required of applicants invited to present to the JVS Advisory Committee?

The live presentation should be no longer than 10 minutes.  It should be posted to GUST.com and clearly convey the nature and growth objectives of the enterprise, success to date, differentiating competitive advantages, amount of capital needed to achieve the next stage goals, team members. Following the 10-minute presentation, Advisory Committee members will pose questions for 10 minutes. 

What is Ben Franklin’s role in the JVS Philadelphia Fund for Women?

Ben Franklin has two roles.  In addition to helping to structure the Fund, Ben Franklin is providing administrative support and programmatic advice for the grant funds and is the investment manager for the investment funds.  Companies interested in an investment are invited to learn about Ben Franklin’s process at https://www.sep.benfranklin.org/partner/jvs-philadelphia-fund-for-women/.