Tomorrow Innovations / Tomorrow Ventures is launching the Tomorrow Innovations incubation program with cash, financing and mentorship.

About Tomorrow Innovations / Tomorrow Ventures:

• Associated with larger fund Tomorrow Ventures which is actively investing
• Based in Palo Alto, CA, USA
• Goal is to inspire, encourage and support global innovation and entrepreneurship

About the Incubation Program:
First-round of $5,000-$10,000 to dozens of selected companies
Second-round convertible debt of $50,000 – $150,000 to a subset of selected companies
Support services including mentorship, development support, community platform, investor introductions and advice

Timeline:
Applications accepted May 17 – June 11, 2010
Grant decisions announced June 30, 2010
Incubation period July 1 – Sept. 30, 2010
Second-round funding decisions announced Oct. 18, 2010

For more information check  http://www.tomorrowinnovations.com/