HOW CAN WE APPLY?
Just go to our Apply page.
DO WE NEED A BUSINESS PLAN?
No business plan is required.
DO YOU THINK OUR COMPANY IS TOO EARLY/TOO LATE TO APPLY?
We accept teams at all stages of development (we’ve accepted teams anywhere from ideation to $1M+ in revenues). We expect that by the end of the program you will be ready to raise your next round of fundraising, whatever that amount may be.
If you are not manufacturing at scale, then you are not “too late.”
If you have more questions please feel free to sign up for open office hours on our home page.
DOES OUR COMPANY NEED TO BE INCORPORATED?
No. If you are accepted into our program, we will help you think through issues surrounding incorporation and also connect you with experienced legal providers our companies have worked with before.
We partner with a number of law firms that provide our companies with complimentary legal services and documents (e.g. certificate of incorporation, restricted stock purchase agreement, stockholders agreement, proprietary rights agreement).
WILL YOU SIGN A NON-DISCLOSURE AGREEMENT (NDA)?
No. Because we look at hundreds of business plans each year, we do not sign NDAs. However, we will work with you to find the balance between understanding your company’s unique advantage without requiring you to divulge proprietary information. In your application, please avoid disclosing any technical information that you consider to be your “secret sauce,” but be as clear as possible about your competitive advantage.
WHAT'S THE SELECTION PROCESS LIKE?
A review committee consisting of our advisors, investors, and the AlphaLab Gear team will review all of the applications and select 20-30 companies for in-person interviews. After the face-to-face meetings and follow-up due diligence, we will select the companies based on the teams’ ability to develop and launch a winning product/service, the technology’s market potential, and the concept’s originality.