Project11 will make investments in the $10,000 to $50,000 range in Internet-enabled businesses that can prove their business models with a couple hundred grand, not millions.

Investment includes mentorship and hands on efforts from founders Reed Sturtevant and Katie Rae. 

Learn more at http://www.boston.com/business/technology/innoeco/2010/08/project_11_ventures_hoping_to.html