Introduction

Summary: Lighthouse Labs, a Richmond-based nonprofit accelerator, has rebranded as Lighthouse Network, marking a significant step in the startup transformation journey in the Hampton Roads community. Lighthouse Network plans to provide long-term founder support by transitioning from an 11-week accelerator to a dynamic network of resources. This includes a focus on ongoing mentorship, investor connections, and an upcoming 2025 founder summit, offering tailored support for startups at all stages. The rebrand also promotes regional collaboration, linking with Startup Virginia and VCU’s DaVinci Center to broaden access to expertise. The Startup Transformation brought about by Lighthouse Network aims to ignite innovation and foster inclusive growth, reflecting the mission of Innovate Hampton Roads.

Startup Transformation with Lighthouse Network

By Tim Ryan

Hey, Hampton Roads! Buckle up, because Richmond’s startup scene just dropped a game-changer that’s set to spark waves of Startup Transformation right here in our backyard. Lighthouse Labs, the nonprofit accelerator that’s been fueling startups since 2012, has rebranded as Lighthouse Network—and this shift is a beacon for our entrepreneurial ecosystem. Here’s why this Startup Transformation matters for you, our trailblazing Hampton Roads community.

Long-Term Founder Support

Lighthouse Network, recently announced that they are doubling down on long-term founder support, moving beyond its signature 11-week accelerator to a dynamic network of resources. This is a significant part of the Startup Transformation. With 149 companies backed, $350 million raised, and 1,500+ jobs created, Lighthouse has a proven track record. Now, it’s scaling back to one cohort per year to focus on ongoing mentorship, investor connections, and a new fall 2025 founder summit. This means more tailored support for startups at every stage—perfect for Hampton Roads founders ready to level up.

Regional Collaboration and Access to Expertise

Why should you care? Lighthouse Network’s hybrid model, with in-person sessions in Richmond (just a quick drive from Hampton Roads), is accessible and equity-free. Their $20,000 grants, mentorship, and focus on HealthTech, EdTech, and FinTech align with our region’s growing innovation hubs. Plus, their commitment to underrepresented entrepreneurs mirrors Innovate Hampton Roads’ mission to foster inclusive growth. Imagine tapping into their national network to secure funding or expand your market—all while staying rooted in our vibrant coastal community. This is a clear example of Startup Transformation.

Building a Brighter Future with Lighthouse Network

This rebrand also strengthens regional collaboration. Lighthouse’s ties to Startup Virginia and VCU’s DaVinci Center create a bridge to Richmond’s ecosystem, offering Hampton Roads startups access to a broader pool of expertise. Their fall 2024 cohort saw 285 applications, doubling from the prior year, signaling a hotbed of opportunity we can’t ignore. By partnering with Lighthouse Network, our founders can gain the tools to compete on a national stage without leaving Virginia. This is the essence of Startup Transformation.

Call to Action

For Innovate Hampton Roads, this is a call to action. Let’s connect with Lighthouse Network’s resources, join their summit, and amplify our startups’ success. Visit www.lighthousenetwork.co to explore how this rebrand can light the way for your Startup Transformation journey. Together, we’re building a brighter, bolder future for Hampton Roads innovation!

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