Pitch Competition Program FAQ's
We accept any kind of business into our accelerator. We have had fashion businesses, retail stores, tech companies and others emerge from the Lab. So, if you think the idea can become a great business - go for it and apply!
Only for the Pitch Competition in Amesbury at the end of the accelerator. We will be doing most sessions in the evening via videoconferencing, so you can attend those sessions remotely if you prefer. We also welcome anyone who wishes to attend in person to do so.
InventiveLabs does not directly invest in the companies that compete in the Pitch Competition. However, if your company requires funding to launch, by participating in our accelerator we go through how to prepare a compelling pitch deck for investors. The co-founders of InventiveLabs have raised multiple rounds of angel and venture capital in excess of $40 Million and can share this knowledge with you.
We do have access to an angel network of investors, but they usually invest in businesses beyond the conceptual stage and when the business has some initial traction. That said, some of them will be attending the event.
To be eligible, individuals or teams must have at least one primary member that self identifies as being ADHD, dyslexic, autistic or some form of learning difference. Applicants are selected based on their business idea, team member’s skills and background, and the team’s ability to execute. We also consider whether InventiveLabs can have an impact on their success and growth as part of the selection process.
Rick and Tom have vast experience in the startup and business world. They will be available for consultation on a scheduled basis throughout the duration of the program on an as-needed basis. We love helping startups launch and have the connections to help you succeed.
Yes it can be! That said, the more fleshed-out your idea is, the higher your chances of being selected. So if you have an idea, try to demonstrate some sort of validation for applying if you can. If not, apply anyway - what do you have to lose?
The accelerator will run one evening each week consecutively for 8 weeks. The sessions will start at 6 pm allowing people to participate from home in the evenings.
No, InventiveLabs is a limited liability company. We consider ourselves a social enterprise. Any fees or donations made to the Lab are NOT tax deductible.