History of Launch Lab:
In June 2020 and June & October 2021, the VMN facilitated a unique virtual opportunity to engage, celebrate, and support some of Northeastern University’s best ventures. Five Northeastern entrepreneur teams seeking Pre-Seed, Seed and Series A funding virtually pitched their early stage, tech-enabled ventures, followed by networking in breakout rooms with investors and potential corporate partners in attendance.
Launch Lab 2021 Details:
In May 2022, VMN will host Launch Lab again! Currently, VMN Staff are identifying potential Launch Lab participants. Note, the selection process for participation in Launch Lab includes a pitch to a VMN Invest Mentor. VMN Invest Mentors decide who will pitch at the live, virtual Launch Lab event based company readiness and the following criteria:
- In the process of raising a pre-seed, seed, or series A round (or will be in Q3 of 2022)
- Have some capital committed already (i.e. friends and family, grants, accelerators, investors)
- Have a starter pitch deck to work with
- Have defendable IP (if applicable) or at least some defendable competitive advantage
- Have proof of market traction (i.e. already acquired customers or pre-signed pilot/launch partners)
- Committed to putting the work in with VMN and Invest Mentors for approximately 3 months prior to the event (1-2 practice pitches a month in addition to time spent with Invest Mentor refining pitch deck--likely 3 hours minimum a month)