Introducing: The GBF Germ Funding Program

There are a plenty of seed funding programs out there, but we have decided to take things one step further.  With the GBF Germ Funding Program, entrepreneurs who do not yet have startup ideas will be given the tools they need to come up with brilliant Web 2.0 concepts.  Thanks to the leadership and mentoring we will provide, founders will then be able to seek outside funding by pitching the germ of an idea that they will generate in our program.

Our investment decision will be calculated based on the following criteria:

• Team members with degrees from MIT, Harvard, or Stanford (+10 for each)
  
• Team members who dropped out of MIT, Harvard, or Stanford (+25 for each)
  
• Number of times each founder visits the TechCrunch home page each day (+1)
• Is your company's name intentionally misspelled? (+2)
  
• Do you already have a demo you can show us? (-3)
  
• Amount of equity you're willing to give up in exchange for our investment (+1 for each percent)
  
• Personal relationships any of the founders have with high profile bloggers from technology news powerhouses such as Valleywag and Uncov. (+2 for each)

If you are interested, please e-mail your application to gbfventures@gmail.com.