
District 3 Innovation Center — Launch & Grow
At a glance
- No Condition
- Open Date : November 14, 2019
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Overview
Technical and business services to help innovators launch and grow their business and move from idea to impact with confidence.
Activities funded
The District 3 Launch & Grow Program supports startups with initial traction to achieve product market fit and scale globally. Eligible activities are focused on building products, acquiring customers, and securing funding.
- 1:1 coaching on a biweekly basis centered around 90-day sprints
- Building entrepreneurship skills
- Participating in tailored workshops, peer-to-peer sessions, and 1:1 sessions with industry experts
- Access to co-working and state-of-the-art lab spaces
- Support in accessing non-dilutive funding opportunities
- Navigating dilutive fundraising rounds
- Expanding to international markets with support
- Accessing a network of investors
- Receiving free industry-leading market data
- International development support
- Partaking in a community of like-minded individuals
- Joining partner incubator and accelerator programs
- Planning and integration in the US through Market Connect
- Building relationships with US investors through Investor Connect
Eligibility
The eligibility criteria for the Launch & Grow Program specify requirements related to the innovation level of the idea, team composition, and commitment level.
- An idea that leverages emerging technologies or an innovative business model
- A minimum of two co-founders
- Full-time commitment from at least one co-founder
Who is eligible?
The Launch & Grow Program at District 3 is designed for early-stage startups leveraging emerging technologies or innovative business models. The program provides tailored services to accelerate product market fit and scale startups globally.
- D3 Bio: Startups in biomanufacturing, bioengineering, sectors such as biopharma, agri-food, clean technologies, and biomaterials.
- D3 Healthcare: Early stage medtech and healthtech startups.
- D3 High Tech: Early stage startups focusing on emerging technologies.
- D3 Social: Startups focused on social issues like education, health, environment, and culture.
Eligible geographic areas
The eligible geographic zones for this grant include various regions as indicated by the incubator's network and partners.
- Canada
- United States
- Europe
- China
Selection criteria
This grant appears to be selective on key aspects such as the novelty of the idea, the commitment level of the team, and the potential for growth. Below are the evaluation and selection criteria mentioned for this grant:
- An idea that leverages emerging technologies or an innovative business model
- A minimum of two co-founders
- Full-time commitment from at least one co-founder
How to apply
Ensure Eligibility
- Verify that you have an idea leveraging emerging technologies or an innovative business model.
- Ensure there are a minimum of two co-founders.
- Confirm full-time commitment from at least one co-founder.
Submit Application
- Prepare your application detailing your startup and its traction.
- Submit the application through the designated online platform.
Wait for Response
- Wait for up to 2 weeks for a response from the grant provider.
- Receive notification of acceptance or rejection.
Initial Evaluation
- Upon acceptance, participate in an initial evaluation.
- Assess whether your startup should continue or consider pivoting.
Participate in the Program
- Engage in biweekly 1:1 coaching sessions and tailored workshops.
- Utilize access to co-working and lab spaces.
- Take advantage of networking opportunities and market data access.
Ongoing Assessments
- Every three months, undergo an assessment to evaluate progress and necessary pivots.
- Adjust strategies based on the assessments to ensure you're on the right track.
Completion
- Complete the program after up to 24 months.
- Ensure you have a viable business and have acquired the necessary entrepreneurial competencies.
Additional information
The program is designed for startups with initial traction, providing extensive support to reach product market fit and scale.
- Customized 1:1 coaching and expert support
- Workshops and best-in-class training
- Access to co-working and lab spaces
- Guidance for both non-dilutive and dilutive funding
- Networking opportunities with investors
- Support for international market integration
- Eligibility for up to 24 months of support
- Rolling admissions with responses within two weeks
- Divided into specialized streams: Bio, Healthcare, High Tech, and Social
Frequently Asked Questions about the District 3 Innovation Center — Launch & Grow Program
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