3 Reasons to Apply for Growth Lab

April 5, 2019 2:53 am
Written by: StartOut Team

Be a part of the only LGBTQ accelerator in the country!  An experience like no other, the StartOut Growth Lab offers 6 months of prime San Francisco office space, community, mentoring, education, and networking opportunities for young companies founded or co-founded by LGBTQ entrepreneurs.

Launched in 2017 in partnership with Nixon Peabody, the StartOut Growth Lab has graduated 20 companies who have collectively raised $23 million in funding and created 95 new jobs.

Applications for the Fall 2019 Cohort will be accepted April 5 – May 17. You can find more information about the Growth Lab’s eligibility criteria as well as apply here.

Here are 3 reasons to apply to our Growth Lab:

1. Community of Like-Minded Entrepreneurs

Time and time again, we hear from our graduates that their cohort-mates and the Growth Lab alums were pivotal in motivating and driving their success.  Together you will celebrate the highs, commiserate the lows, and offer feedback and expertise to one another. Both you and your company will benefit from the tight-knit community created in the StartOut Growth Lab.

2. Mentorship and Learning

Mentoring and small group learning are major pillars of Growth Lab. As a member of the cohort you will receive:

  • A mentor specifically selected to address your needs.
  • Direct access to the StartOut Experts including Entrepreneur in Residence Peter Sisson, fundraising expert Chris Davidson, marketing guru Jason Kelly, and legal advice from Nixon Peabody lawyers.  (Plus, bonus experts who work exclusively with Growth Lab members.)
  • Monthly lunch and learns tailored to meet the needs of each cohort class.

3. Top-Tier Downtown San Francisco Location

Cohort participants relocate to One Embarcadero Center in San Francisco. This premier downtown address boosts each startup’s brand image—serving as the perfect location to invite potential business partners, customers, and new hires.

Need more convincing?  

Recently, Fall 2018 cohort alum Goodly, the leading platform for student loan assistance as an employee benefit, announced that it raised $1.3 million in a seed round led by Norwest Venture Partners. The co-founders took full advantage of Growth Lab’s education and networking opportunities. Greg Poulin, co-founder and CEO of Goodly, credits cohort collaboration amongst other program benefits for their success:

“StartOut Growth Lab served as a great resource. It gave us a central location to hold meetings with investors. We also received invaluable feedback from other cohort participants. I highly recommend the program to LGBTQ entrepreneurs.”

If you’re an LGBTQ founder who wants to take their business to the next level, we encourage you to apply for the Fall 2019 Cohort.

Apply Today