FutureLab/Batch2
Idea stage Accelerator and VC Fund - Future Laboratory Ventures (FutureLab) is looking for individuals and teams from Georgia with the potential to create a new technological product or service for one of the world's largest markets!
Get investment (10.000 GEL) to validate your innovative idea and develop an MVP (initial prototype) for the US market
Gain additional benefits from FutureLab for your startup development, including access to regional and VC funds from US for follow-on investments, and our partner’s infrastructure and services (Terminal Co-working, Nvidia, Microsoft, Google, AWS, Pipedrive, GitLab, and others)
Why FutureLab
6
Year expertise in accelerating the growth of 100+ startups
+30
Get Access to 30+ Regional VC Funds for Follow-on Investments
#1
Learn from experts at top universities: Stanford and UC Berkeley
10K
Investment for initial prototype (MVP) development
Who We're Seeking
Seek innovators from Georgia with technical, business, or industrial backgrounds;
1
Consider trends in social identity groups in USA;
5
Prefer a Software Developer on the team for initial MVP development;
2
With ideas of startup for the USA market !!
3
Projects must offer significant improvements over existing ones;
4
Unique solutions for productivity enhancement required;
Verify uniqueness and technical feasibility using Crunchbase.com;
7
Revenue generation plan is a must;
8
Top Experts and Trainers for Our Acceleration Program
Rhonda Shrader - Lean Launch
Executive Director of the Berkeley-Haas Entrepreneurship Program as well as the National Science Foundation’s I-Corps program for the Bay Area Node
Jeff Wallace - Founder and CEO of Global Kinetics
A mentor and advisor to several Silicon Valley technology accelerators where he advises early to mid-stage companies.
Artem Yaremchuk
Venture Lead, Deloitte Ventures Co-founder of Attendify acquired by Hopin
Mark Iwanowski
Former Vice President of Oracle
Stephen Tores
Stanford StartX / UC Berkeley
Kal Deutsch - Partner, Silicon Valley in Your Pocket
An international startup lecturer and coach, has worked with entrepreneurs at
global incubators and accelerators.
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Ihar Mahaniok
Managing Partner at Geek Ventures, $23MM VC Fund Investing in Immigrant Founder
Jaanus Sakkis - Feks Design - Founder
Estonian Entrepreneurship University of Applied Sciences - Head of Concepting module on Startup Entrepreneurship Curriculum
Zviad Kardava-Senior Program Manager
AI/ML Lead for North America – Developer Relations Ecosystem @ Google
Acceleration Program
Stages
Pre-acceleration/Batch2 (1 month) - Stage 1/March:
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Kick-off with 40 Teams: Each team secures a contract, providing a 6% equity stake at a $400,000 valuation cap.
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US Market Discovery: Dive into customer discovery and validation with guidance from UC Berkeley Haas IBI and Stanford experts
Acceleration/Batch2 (2 months) - Stage 2/April-May:
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Top 26 Teams Advance: Get mentored by the best from UC Berkeley, Stanford, and Silicon Valley.
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Boost with Resources: Receive 10,000 GEL for prototype development and access to the Terminal Co-working space.
6
Demo Day (May):
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Showcase Your Innovation: The top 26 teams present their products to potential investors and partners.
All Startup Presented on Demo Day Will Get Additional Benefits:
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Unlock Next-Level Benefits: Gain support from FutureLab for next-stage financing from regional and US VCs and product development in the US market.
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Exclusive Access: Connect with Berkeley Innovation Forum members like Google, Intel, Dell, Toyota, and more.
For Non-Selected Teams for Acceleration (Stage 2):
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Stay in the Game: Access our online program, technological partner benefits, and join the Central Eurasia Venture community with regional VC access.
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Equity Adjustment: Teams not selected for the 2-month Acceleration phase will provide a 4% equity stake instead of the initial 6%. They will not receive the 10,000 GEL cash investment.
General Partners
