The Morgan Stanley Inclusive Ventures Lab is an intensive five-month accelerator designed to help further develop and scale startups, culminating in a Demo Day and showcase presentation to the investor community.
Morgan Stanley launched the Inclusive Ventures Lab, formerly known as the Multicultural Innovation Lab, in 2017 to address inequities in funding, which our research shows totals more than a trillion dollars.
This year the Inclusive Ventures Lab invites companies whose commercial business models address low-carbon, green or social challenges.
These include companies targeting the following themes, among others: climate change, land/freshwater/oceans, pollution (chemicals and air quality), resource use (sustainable consumption), biodiversity and access to services (increased access / low costs for underserved communities).
Benefits of participation
Morgan Stanley will provide the following:
- Cash contribution to participating companies
- A five-month curated program
- Mentorship and networking
- Office space for the duration of the program
- Access to certain external advisors in exchange for an equity stake of 5.00%.
Note: The cash contribution is $250,000 to each company participating in its New York-based program and £250,000 to each company participating in its London-based program.
What does the curriculum cover?
The curriculum is tailored to suit each cohort, but it generally includes such topics as branding your startup, developing your investor pitch, refining your value proposition and devising effective finance and sales strategies. In addition, we offer participants the opportunity to meet with industry experts for one-on-one consultations.
How to apply
Click here to apply for Morgan Stanley Inclusive Ventures Lab. The deadline for application is Friday, March 15, 2024.
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Source: techbuild.africa