Our next application period opens in Summer, 2018.          

Launch Alaska seeks firms that help solve some of the world's most intractable problems in food, water, transport, and energy. We see Alaska as a world class location for deployment and validation of arctic technologies with global applications. Accelerator participants receive investment and mentors, as well as a four month intensive program that turns companies into lean, mean, startup machines.

We’re looking for innovative firms who are serious about scaling up. Firms that graduate from an accelerator have a higher rate of survival, and are more likely to receive additional investment—about 30% of firms graduating from a GAN-member accelerator receive second round investment, at an average of $1.9m. In addition to this possibility, you’ll receive mentoring and relationships with corporations, utilities, and experienced entrepreneurs.

PROGRAM TRACKS

Customer Discovery Track

WHO should apply: Companies with an innovative technology and a rock star team who are: 1) raising an angel or seed round, 2) needing to vet their business model with customers, and 3) seeking business development and investment readiness support.

WHAT support do we provide: We help companies find customers and vet their model by providing:

·       Mentorship

·       Customer discovery, business development, and investment readiness guidance

·       Introductions to customers, partners, and investors

·       $75,000 in investment in return for up to 6% in equity

·       Co-working space

deployment track

WHO should apply: Companies with an innovative technology and an experienced team that are: 1) raising a series A to C round, 2) ready to validate their business model through project-based deployment, and 3) seeking to scale first in the Arctic and beyond.

WHAT support do we provide: We help you test your technology and scale by providing:

·       Mentorship

·       Introductions to customers, partners, and investors

·       Demonstration design and support

·       Up to $1M in investment for up to 6% in equity

·       Co-working space

Requirements to Apply

Prototype: We prefer companies to have a functioning product or service, or one that that can be developed by the end of the program.

Full participation of at least two team members: Participation of two or more team members in the program leads to greater success in the program. The CEO and additional team member must be present in-person during program Summits listed at the bottom of this page.              

U.S. entity: International applicants are welcome, but must establish a U.S. entity in order to participate.

For-profit: We invest in scalable, for-profit companies. 

what we look for

Team: We want exceptional teams that are dedicated and have a track record of success. Applicants should highlight their diversity in backgrounds, ability to execute, and industry experience. We also test companies on their coach-ability in later application stages.

Investment Attractiveness: We look for companies with a clear path to profitability and a realistic exit strategy.

Technology: Innovative technologies that have the potential to make a 10x improvement in process, speed or function. 

Alaska/Arctic Fit: We want to invest in companies that are solving one or more of Alaska’s challenges.

Scalability: We look for companies that have demonstrated traction in the market and have strong commercial potential. We evaluate a company’s cost structure, revenue model, product-market fit, value proposition, competitive landscape, and market size. Companies should highlight how they have tested their assumptions to validate their model.

Application Process & Dates FOr 2018 COhort

Round One Applications close                                                     October 8, 2017 at 11:59 pm AKDT    

Round Two (Semi-Finalist)

Notification of acceptance into Round 2                                       October 24, 2017 

Q&A office hours                                                                             October 25 - November 7, 2017

Round 2 materials due                                                                    November 8, 2017 at 11:59 pm AKDT

Round Three (Finalist)

Notification of acceptance into Round 3                                       December 1, 2017

Interviews                                                                                         December 6 - 20, 2017

Notification of acceptance into accelerator                                January, 2018  

Program begins in March, 2018.