Scale to $1M Startup Program 2021

Scale your startup to $1 million in valuation. In six months.

Connect by Mar 17 '21

May 3-Oct 29 '21 (6 months)

Colorado Springs, US

Why Should You Apply?

If you are struggling to take your startup to the next level, or simply want to grow smarter and faster, consider the Scale to $1M Startup Program™. Successful startups do not scale alone. Do not miss an opportunity to learn and collaborate with experienced entrepreneurs, researchers, experts, and peers.

Program Overview:

This pre-accelerator, pre-investment program is designed to provide early stage startups around the world with expertise, resources, and support to help them scale. The six-month online program will enable founders to scale their companies to an estimated valuation of $1 million or more, without giving up equity. Learn more at: ventureattractor.org/scale-to-1million/

Who Should Apply?

Ideal participants include growth-driven early, pre-seed, seed, pre-A, or first stage startups with an estimated valuation of $0 - $900K. Startups must be beyond the idea stage. Startups are not required to be legally formed or incorporated at the time of application.

We focus on industry sectors that relate to a healthy and active human lifestyle. Accepted program startup ventures must be in one or more of the following sectors:

- Sports and Outdoors
- Health Innovation
- Human Performance

Subcategories include wellness, fitness, nutrition, and healthy lifestyle.

Program at a Glance:

- Innovative curriculum, on your schedule
- Monthly progress pitches
- One-on-one mentorship
- Small peer groups
- Demo day with investors
- Network of peers in your industry

Cohort Size:

The program will accept up to 35 startup ventures in the 2021 cohort.

Program Registration Fees:

2021 Program Fee: $2,900 USD
2021 Discounted Program Fee: $2,600 USD*

* Alumni, students, staff and/or faculty from any University of Colorado institution are eligible for the discounted rate.

About fees: No program registration fees are due at the time of application. Fees are only charged to applicants who are selected for the program and choose to participate.

Things to Know:

- The Scale to $1M Startup Program™ is a fully online, virtual program.
- All program activities will be related to scaling your startup.
- We will introduce you to investors at the end of the program during an online demo day.
- Accepted applicants can be international and do not have to currently reside in the U.S.
- We do not invest in startups.
- We do not take an equity stake in your company. more

Saving

COMPANY

Is the business legally incorporated?
Where? (i.e. in what country, what state, what province?)
If your business is legally incorporated, please attach supporting documents (i.e. legal certificate of incorporation). (Max file size 30MB.)
Aliases (other names the company operates under [or DBA])
Physical company address (include state/province, country)
Mailing company address (include state/province, country)
Total number of employees
To the best of your knowledge, what is the current valuation of your company? This is a self-assessment of your estimated valuation, or your best guess. If you are unsure about your valuation, put $0.

INDUSTRY FIT

The Scale to $1M Startup Program is seeking innovations that contribute to human health and happiness. The EPIIC Venture Attractor is focused on the industry sectors of Sports / Outdoors, Health Innovation, and Human Performance. Sub-sectors include wellness, fitness, nutrition, and healthy lifestyle.

What is your main industry sector?
Explain your industry sector fit in more detail. (max 300 words)

Explain your industry sector fit in more detail. (max 300 words)

Explain your industry sector fit in more detail. (max 300 words)

PRODUCT / SERVICE

What problem are you trying to solve?
What product or service do you intend to bring to the market as a solution?
Describe your customer validation efforts to date.
What was your approximate revenue generated in 2019?
What was your approximate revenue generated in 2020?

MARKET

What is your TAM (Total Addressable Market), or value of the entire market?
What is your intended geographic reach for your product/service?

APPLICANT ATTACHMENTS

Executive Summary (Max file size 30MB.) (max 2 pages) For a suggested template, please visit our resources page to download: ventureattractor.org/scale-application-templates/
Key Team Members (Max file size 30MB.) For the key members of your team, please list the following for each person: - Name - Title - Short role description - Qualifications (i.e. years of experience, training, degree) (max 2 pages)
Introduction Video (Max file size 30MB.)(max 5 minutes)
Pitch Deck (Max file size 30MB.)(max 15 slides) For a suggested template, please visit our resources page to download: ventureattractor.org/scale-application-templates/
Owners and Officers (Max file size 30MB.) Required: Complete and upload the program Excel file with the contact information for all company owners, officers, and principles. Click on the link below to download an Excel file. Complete all fields with information about all owners, officers, and principles of the company. Save and upload the completed Excel file. Rename the file to the company name and year. (For example, company-name_2021). Click here to download the Excel file: ventureattractor.org/wp-content/uploads/2021/01/Scale_application_owner_contact_2021.xlsx

UNIVERSITY OF COLORADO AFFILIATION

Are you affiliated with the University of Colorado? (Alumni, student, staff, faculty, or lecturer from any campus)

State your affiliation(s), all that apply. CU alumni, students, staff, faculty, and lecturers are eligible for a program discount.

TERMS AND CONDITIONS

Participants must agree to the program's Terms of Conditions and Terms of use.

Terms of Use and Terms and Conditions Each authorized representative of the participating startup business, named on this application, with the authority to bind the startup business, must read and agree to the program's Terms of Conditions and Terms of Use when applying to participate in the program. To agree, enter your full name. To access and read the Terms and Conditions and Terms of Use, click here: ventureattractor.org/terms-of-use-conditions/

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