Industry Transformation (Track)
Overview
Launch Blue’s Pre-Seed Accelerator focuses on training and developing deep tech, industry solutions and social innovation startups to create a funding strategy for success. Startups are educated on using multi-phase federal research grants to develop and de-risk the technology while also learning how to raise dilutive investment dollars at the seed stage level.
Candidate Fit
Attractive candidates for our program will have demonstrated success in one or more of the following areas:
Early sales / Revenue
Investment / Funding Raised
Grants (SBIR, STTR, etc.)
Active Users
Minimum Viable Product / Beta Product
Strong Founding Team / Founder Market Fit
Other forms of credible traction
Eligibility
The Launch Blue Accelerator program focuses on startups with the potential to provide positive societal and economic impact. Attractive candidates for our program will have demonstrated success in the following areas:
Development Stage: Refined Prototype, Version 1 of the product in the market, possible SBIR Phase 1 nearly complete and prepping to apply or in the application process phase.
Impact: Priority is given to startups with the potential to impact the Kentucky economy, workforce development, and community.
Team: We are looking for startups with well-rounded founding teams OR founders with strong industry founder fit with contractors/employees rounding out the team.
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Track Description
The Industry Transformation track is for innovative tech startups that provide solutions for industries with urgent needs with complex ecosystems or complicated long purchasing processes. This track has a narrower area of focus: Circular Economy and Sustainability, as well as Materials Innovations.