The i.Lab Incubator Program supports the development of new entrepreneurs and the growth of promising early-stage ventures.
We provide this support through a combination of programs, funding, workspace, committed mentors, industry experts, free legal services, a community of founders and funders, and connections to a range of resources.
Since its first cohort in 2000, and including the 2018 cohort, the Incubator program will have provided nearly $1.5 million in grants to greater than 240 companies, supporting nearly 450 founding team members.
The i.Lab Incubator program is open to seed and early stage ventures from the Charlottesville community. We welcome applications from both for-profit and not-for-profit ventures, and from ventures with a direct affiliation to UVA (e.g., faculty, staff, or student) or without a direct affiliation to UVA.
If you have any specific questions about the process, contact Sandra McCutcheon.
THe incubator Program Provides:
Up to $10,000 in grant funding for your company (i.e., we do not take an equity stake). Including, an initial $5000 grant with the opportunity to apply for a Startup grant of up to an additional $5000;
Eligibility to apply for the $25,000 Kathy Carr Award;
Dedicated workspace for 10 weeks (w/co-working option for up to one year);
Weekly workshops and new venture curriculum;
Legal support (e.g., incorporation, operating agreements);
Mentorship from experienced founders and industry experts;
Community and Connections;
Eligibility for investment consideration by the UVA LVG Seed Fund.
Ventures in the Program commit to:
Participating—full-time—in the 10-week residential program at the i.Lab in Charlottesville;
Participating in key i.Lab events throughout the year;
Being a positive and contributing member of and resource to the i.Lab community.
TIMELINE - 2019 Incubator Program
January 3: Online application available (recommend submitting close to deadline Jan 21 - 22 and referencing PDF)
January 17: Application workshop 5:30 PM - 7:30 PM at i.Lab
January 22: Application workshop 1:30 PM - 2:30 PM at i.Lab
January 24: Applications due by 1:00 PM EST (1300 EST) - no exceptions
February 6 - 8: Applicant interviews (by invitation)
February 16: Announcement of 2019 Class
February TBD: Commitments Due and Law Clinic Mixer (typically held in last week in February)
2019 Incubator: June 3 - August 9
Downloadable PDF 2019 Incubator Application (for reference)