The Future of Work Studio-Accelerator.
Work as we know it is rapidly evolving. The COVID-19 pandemic was a major catalyst for this change, but disruption in the workplace has been a long time coming.
At Untapped, we firmly believe the New Future of Work is in redefining what, where, and how we get work done, and why we do it in the first place - is it our life purpose? Are we leveraging our superpowers? Are we using the latest productivity tools? Can we easily reskill? How is well-being? This is our definition of the New Future of Work.
This is a 9-month intensive program for founders passionate about disrupting work environments, designing new models of work, developing new tools for enhanced productivity, and bringing wellbeing into the workplace.
If you're an experienced entrepreneur with a bold new idea aimed at changing the "traditional work experience" and you are ready to commit to this hands-on venture building journey- we want you to apply!
Access to Investment
1-to-1 Startup Coaching:
Phase 1: Launch
4 Months - March to June 2021
If you enter the program as a solo-founder, this is where you will be introduced to potential co-founders. Think of it as cofounder speed dating. At the end of this period, you'll have built your A-team and will be ready to roll.
Everyone has great ideas, but each team can only choose one. This period is where you'll get clear on what problem you're solving, why it's a problem worth solving, and develop a potential solution to solve that problem.
This is the Problem/Solution Fit stage: It's your time to experiment, talk to customers, build a demo, and test your product and see if you can pre-sell $10K ARR. You will iterate as you go and the Untapped studio team will help you to make your first set of sales. The Leanstack playbooks (our startup curriculum) along with your expert startup coach will be there to teach you everything you need to know.
Phase 2: Growth
5 Months - July to November 2021
At this stage, you should have validated a problem worth solving, ideated a solution, and developed clarity on MVP 1.0. To get into the Growth phase, you and your team will pitch our investment committee to get funding. Untapped is prepared to invest in the most promising startup teams and ideas and those who gain investment will move on in the program.
This is where our team helps your team build, launch, and scale. During this MVP-Customer Fit phase you'll develop your financial and business models, build your product, test it out in the market, and get sales. As initial customers are delighted and referenceable, you'll work on acquiring more customers. Using our proven system, expertise, and connections, we will help you move from $10K ARR to $100K ARR quickly becoming worthy a favorable seed financing round.
This is the big day! You've worked hard over the last 8-months and it's time to show the world what you've built. You can expect dozens of early-stage investors to attend as well as media, sponsors, our team, and our partners. This is your chance to secure seed-funding and grow a venture scale company. Note: Virtual or in-person TBD due to COVID.
Who Should Apply:
Here's who we're really looking for...
Entrepreneurs with a previous exit ready to do it again with the help of a startup studio
Business Cofounder whose gone out and gotten clear market validation on a very compelling Idea
Technical Cofounder whose come up with a brilliant solution to a big problem, likely hacked out an MVP already
Venture-backed startup exec who left their full-time job to take a shot - you're time has come!
Rockstar startup team with 2 to 4 cofounders with complementary superpowers and an early product
Clear idea of a specific problem to solve for a target customer market
Strong venture-backed startup experience
Proven and demonstrated business results
Deep domain experience in your selected problem space
Entrepreneurial DNA - hungry, motivated, and driven to succeed
Committed to a 9-month program
Excited to put in ~40 hours per week building your business (minimum 20+ hours per week)
A Word from our Partner, the City of Burbank...
The City of Burbank Economic Development is proud to partner with Untapped Ventures to sponsor the Future of Work Studio Accelerator, spurring innovation and collaboration in Burbank and beyond.
Burbank is the Media Capital of the World championing the entrepreneurial spirit and supporting programs that nurture and inform the next generation of business talent. From strong demographics, to a high quality of life, and a thriving business community, Burbank offers you an unparalleled competitive advantage.
Burbank’s inspiring entrepreneurial programs like Burbank Tech Talk meet-ups and Startup Pitch Fests provide opportunities to learn collaborate and grow as an entrepreneur. The City also offers an entrepreneurial ecosystem with flex-creative workspace, co-tenancy with major corporations, access to several co-working spaces, a dedicated High Speed Fiber Optics Network and a competitive tax structure with no City Income Tax and no Gross Sales Receipt Tax. Co-locate your business with Disney, Warner Bros. Entertainment, Nickelodeon, Cartoon Network, ABC, Netflix Animation and hundreds of other industry leaders - be a part of a world class City! For more information, visit: https://econdevburbank.com/entrepreneurs/ or contact the team at 818-238-5180 or firstname.lastname@example.org!
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