• Selection Criteria

    Successful applicants to the Venture Lab will not only present an innovative way of addressing a critical social, economic, or environmental issue, but also explain why their team has what it takes to succeed. We believe strong teams are composed of individuals who share a vision and have complementary strengths. For this reason, we look at both the team composition and the venture concept.

    Please review the Application Guidelines (PDF) before you apply.

    Team

    Entrepreneurial Vision and Passion

    What system will you have changed ten years from now, and how? What are the potential long-term impacts of your venture? Why are you passionate about this issue, and how long have you been working on it?

    Resilience and Growth Mindset

    Tell us about an obstacle that your team has already confronted in relation to your venture. What did your team do to change course and/or resolve any potential disagreements?

    Ability to Collaborate and Build a Team

    What makes your team qualified to address the issue you have identified? How long have you worked together? What are the strengths and roles of the members on the team?

    Venture Concept

    Understanding of the Issue

        Tell us how you have identified an unmet need of a particular community. What insight have you gained through direct engagement with your target customer? To what extent does this unmet need represent a significant societal challenge?

          Social Impact 

          In what ways will your venture address the challenge you have identified? In what ways might your venture achieve the transformative change and/or scalable impact you’ve envisioned?

          Viability

          In what ways do you envision that your venture will become financially sustainable and/or receive financial support from donors or investors? Do you already have a current or near-term revenue stream?

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