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Johns Hopkins students have access to a new funding source designed to ignite innovative ideas that may one day develop into the next great company founded by a university student.

In March, FastForward U will disburse its first Spark Grants, awards of between $500 and $1,000 given to full-time undergraduate and graduate students intent on building a nonprofit organization, for-profit business or novel technology.

“Student feedback indicated that even small monetary awards can have a big impact in the creation of a new venture,” says Johns Hopkins Technology Ventures Director of Student Ventures Darius Graham. “These Spark Grants will enable our student innovators to test or validate an idea, build a prototype or launch a pilot project.”

Image: https://ventures.jhu.edu