Timeline

N.XT Timeline


-APPLY-

  • Check the N.XT website for important application dates and deadlines. Applications may ONLY  be submitted during N.XT Application Periods. Application Periods generally last 4-8 weeks, and announcements will be made via email, and updated on the N.XT website.
  • Applications not selected for investment will be kept on file for further consideration, but resubmission during the next Application Period with updated information is highly encouraged.
  • Each N.XT application goes through a detailed vetting process. Executive summaries are presented to the Advisory Board some of which are selected for further review and in depth diligence. This portion of the vetting process provides an opportunity for Advisory Board to build dialogue with each N.XT Applicant. Formal diligence is conducted by N.XT Associates and managed by N.XT Staff. Final award decisions and recommendations will be made by the Advisory Board.

-PREPARE-

Awardees will participate in Orientation to discuss the following topics with the N.XT Director:

  • Development plan (approved by Advisory Board)
  • Awardee expectations
  • Available resources
  • N.XT Associates
  • Mentorship
  • Details of N.XT terms and conditions (for more information regarding N.XT terms and conditions, contact Nick Maull)

After orientation, there will be a Final Planning Meeting where the Awardee will review the following with the N.XT Director:

  • Development plan
  • Mentor team
  • N.XT terms and conditions

-WORK-

  • Awardee to achieve development milestones
  • Diligence team to create market analysis, begin business planning
  • Mentorship meetings

-ADVANCE- 

  • N.XT Phase Planning Meeting
  • Re-align innovation development milestones with business milestones if needed
  • Create final business plan/development plan
  • Pitch to Advisory Board
  • Begin business formation if possible
  • Start the N.XT Phase