What is the StartOut Growth Lab?
StartOut Growth Lab is a startup accelerator that offers top quality office space, mentoring, education, and networking opportunities for young companies that happen to be founded or co-founded by LGBTQ entrepreneurs. The Lab was founded in 2017 as a partnership between Nixon Peabody LLP, a full-service nationwide law firm, and StartOut, the largest nonprofit organization for LGBTQ entrepreneurs.
StartOut Growth Lab ("SGL") hosts a new cohort of early-stage companies every six months starting in January and July of each year. Up to just seven companies are selected for each cohort. Think your company has what it takes? Apply here.
“SGL opens doors into the world's biggest startup ecosystem. I met so many smart, connected people.”
Rachel Weinstein | Founder & CEO, MIXALOT
How can being in StartOut Growth Lab give you an edge?
SGL is tailored to pre Series A startups that have a product or service in market testing or have already launched.
WHAT WE OFFER:
Space in a premium, newly-built office suite with a conference room, a kitchen, dedicated workspaces with desks, chairs, power and storage, and blazing fast Internet.
A premier downtown address on the 31st floor of a flagship office building that enhances your company's image to potential business partners, customers, and new hires.
Convenient access to restaurants, retail stores, and public transportation (Muni and BART).
Mentoring from a full-time entrepreneur-in-residence and experts from StartOut's 15,000 member network.
Free legal consultations from Nixon Peabody lawyers.
Monthly lunch & learns with guest experts covering a broad range of topics presented by founders, experienced professionals, and venture capitalists.
A graduation event at the end of your term open to the startout community of fellow entrepreneurs, investors, and industry leaders.
WHAT WE EXPECT FROM YOU:
A commitment to relocate your company founders to the SGL office at One Embarcadero Center in San Francisco.
A spirit of collaboration, volunteerism and joy in giving back to your peers and others who contribute to your success.
Agreement to take turns organizing our monthly group social events.
Mandatory attendance at monthly lunch & learn events.
Long hours and hard work to make the most of your tenure at SGL.
“Great products are not invented, they are discovered. SGL provides the laboratory.”
PETER SISSON | CEO & Co-Founder, YAZA
What makes the StartOut Growth Lab different?
Our focus is on impact. In the 18 months since our founding, the 20 companies in our current and prior cohorts have raised $19.6M in funding, added $2.9M in revenue, and created 54 new jobs. Those numbers are a testament to the quality and extent of the resources we offer to our companies. We are also making a real impact promoting diversity within startup communities across the nation.
SGL's primary difference from most startup incubators is its explicit focus on supporting founders from the LGBTQ community. However, there is no requirement that the business target the LGBTQ community nor that its other founders or employees be LGBTQ.
Our small size means each company gets lots of personal attention from our mentors, guest experts, and each other. We can promise you a work environment where everybody shares a deep commitment to diversity, community, and integrity.
Accepted companies pay a one-time fee of $750 to cover utilities and incidentals for their 6-month term. We expect you to help out with chores, share ideas, participate in events, and contribute to the success of your cohort. And if you do achieve a successful exit, we hope you'll give back with a tax-deductible donation to StartOut in the form of a 1% founder pledge.
Are you ready?