Who

Lighthouse Labs

Where

Richmond, VA

Date & Time

  • Feb 28th, 2019

Cost

N/A

Questions: hello@gan.co
Lighthouse Labs Summer 2019 cohort applications will be open through February 28, 2019. If the timing isn’t right, please reach out to our team and see how Lighthouse Labs can support you now or during a future cohort. The Lighthouse Labs “University Initiative” is a GO Virginia funded initiative providing alumni founders of Virginia colleges & universities with access to capital connections, and customers.
Acceleration perks $20,000 in Seed Capital. No equity taken. 
Per GO Virginia funding requirements; teams participating in the Summer Lighthouse U Cohort receive $20,000 per team in seed capital investment, at 0% equity for the startup. This includes a commitment to keep the business in Virginia for 2 years post-acceleration, or repay 110% of the $20,000 investment. 
3 of the most PRODUCTIVE months of your life! 
Filled with guided workshops led by experts in leadership, search engine optimization, branding, lead generation, investment thesis, etc.
Launch days across the Commonwealth
Designed to demonstrate your startup to investors, alumni groups, potential customers, and peers.
FREE co-working space 
Teams in the Summer 2019 cohort will co-work at Maggie L. Walker Governors School. Once acceleration is complete, Lighthouse Labs teams have 3 months of co-working space at Startup Virginia in the center of downtown Richmond so you continue to be surrounded by fellow founders and startups.
Cohort requirements & timeline
Lighthouse Labs has a few guidelines that help us grow the strongest companies:
  1. At least one founder must be graduating from or graduated from a Virginia public or private  2- or 4- year undergraduate/graduate program between 2014-2019.
  2. Company should be a technology driven service or product in the innovative web, mobile application, service, SaaS and product solution companies with particular interest in consumer marketing and analysis, education, enterprise, healthcare, security and manufacturing sectors. We are open to considering teams in other industries – if you have a really excellent idea and traction.  
  3. Team must be willing to have at least 2 founders relocate or currently live in Richmond for the duration of the 13-week acceleration program. We don’t require you to stay in Richmond once you complete acceleration, but our funding requires your startup to form in Virginia and stick around for a while.  Lighthouse U GO Virginia funding requires companies to stay in Virginia for 2 years post-acceleration, or repay 110% of the $20,000 investment.
  4. The focus is on scalable technology driven corporations. (We are not currently accepting non-profit organizations, but consider B corporations) 
JANUARY 14
Summer 2019
Applications Open
FEBRUARY 28
Summer 2019
Applications Close
MARCH 15
Summer 2019
Finalists Announced
MARCH 27
Summer 2019
Finalist Interviews
APRIL 1
Accepted Companies Announced

Picture

MAY 28
Summer 2019 Acceleration Begins
MAY 30
Meet the mentors speed pitching event
AUGUST 15
Demo Day in Richmond, VA
AUGUST 16
Accelerator
Program  Ends