Lighthouse Labs is accepting applications for its 15th Cohort, presenting an exciting startup growth opportunity for high-tech, high-growth, early-stage companies. Ideal candidates are post-MVP startups with a validated business model and proven market need, preferably in healthcare or FinTech industries. Founders are expected to actively participate in the program, which encourages diversity and values strong ethics, tenacity, and coachability. Successful applicants will receive numerous benefits including $20,000 in seed capital, a combination of virtual and in-person programming, mentorship, access to legal and accounting professionals, lifetime support from the Lighthouse Alumni Network, and potential future funding through the Lighthouse Investor Network.
Introduction
By Tim Ryan
Attention all high-tech, high-growth, early-stage startups! Lighthouse Labs is now accepting applications for their 15th Cohort, running from August 21 to November 3, 2023. If you’re a startup founder or cofounder seeking an opportunity to boost your company’s growth and secure future funding, this might be the perfect opportunity.
Qualifications
To qualify for the Lighthouse Labs program, your company should be an early-stage but post-MVP startup, ideally with a validated business model and a proven market need. Evidence of traction can include early sales revenue or beta partnerships. While Lighthouse Labs is industry-agnostic, they have a special interest in healthcare-related and/or FinTech companies. Additionally, at least 60% of cohort companies should be based in Virginia.
Founder Requirements
As a founder, you should be fully committed to active and consistent participation in the program. This includes seeking educational, mentoring, and networking opportunities within the Lighthouse Labs ecosystem. The program encourages diversity and aims to include underrepresented founders (women, people of color, LGBTQ+, rural residents, veterans, and people with a disability). Key traits such as strong ethics, tenacity, and coachability are highly valued. Participation from multiple cofounders is welcome, and those who have attended other accelerator programs will be evaluated on a case-by-case basis.
Application Process
Interested applicants can visit the Lighthouse Labs https://linktr.ee/lighthouselabs to learn more about the program and watch a pre-recorded info session. Applications are due by June 5th at noon and can be submitted via this link.
Benefits
Successful applicants will receive a multitude of benefits, including:
1. $20,000 in seed capital investment with no equity taken (0%).
2. A hybrid program that includes both virtual and in-person portions in Richmond, VA.
3. Three months of proven programming and mentorship.
4. Pairing with a Lead Mentor and access to over 100 subject-matter mentors.
5. Office hours and hands-on support from legal advisors, accounting professionals, branding experts, and more.
6. Lifetime support and community as a member of the Lighthouse Alumni Network, including networking events, ongoing education and programming, and founder retreats.
7. Connections to capital for future funding through the Lighthouse Investor Network, boasting over 300 members.
Conclusion
Don’t miss this opportunity to supercharge your startup’s growth and join the Lighthouse Labs accelerator program. With its invaluable resources, network, and support, Lighthouse Labs can help you take your company to new heights. Apply now and unlock your startup’s true potential.
Question & Answer
1. What type of startups is Lighthouse Labs looking for in their 15th Cohort?
Lighthouse Labs is looking for high-tech, high-growth, early-stage startups, preferably in healthcare or FinTech industries, with a validated business model and proven market need.
2. What are the founder requirements to participate in the Lighthouse Labs program?
Founders are expected to actively participate in the program, demonstrate strong ethics, tenacity, and coachability, and be committed to seeking educational, mentoring, and networking opportunities within the Lighthouse Labs ecosystem.
3. What are some benefits successful applicants will receive from Lighthouse Labs?
Successful applicants will receive $20,000 in seed capital, a combination of virtual and in-person programming, mentorship, access to legal and accounting professionals, lifetime support from the Lighthouse Alumni Network, and potential future funding through the Lighthouse Investor Network.
