Innovation Labs announce Launch Lab X accelerator for alumni-led ventures

first_imgThe Harvard Innovation Labs, a three-lab ecosystem that supports Harvard students and select alumni in exploring innovation and entrepreneurship, announced that applications are open for Launch Lab X. This accelerator was designed from the ground up to help grow high-potential Harvard alumni-led ventures from seed-stage startups to sustainable, disruptive businesses with real-world impact.“Many Harvard entrepreneurs have told us there are few accelerators worth pursuing, since too many of these programs are more interested in building companies that can be sold quickly rather than ones that can sustain themselves for years to come,” commented Jodi Goldstein, executive director of the Harvard Innovation Labs. “Launch Lab X will put the long-term needs of ventures first, giving founders the best possible chance of creating sustainable businesses.”Launch Lab X will select 10 ventures from around the world for its first cohort, which will kick off in September 2018.“Launch Lab X is for Harvard alumni, but we’re not looking for just any Harvard startup,” said Howard Kaplan, director of advising at the Harvard Innovation Labs. “We’re looking for the disruptors and creative thinkers who are determined to have an impact on the world, and contribute to our vibrant community of next-generation innovation.”As part of Launch Lab X, ventures will receive:Highly-tailored guidance and support — Launch Lab X is divided into three 90-day sprints, designed around the Harvard Innovation Labs proprietary milestone-based approach. Sprints will culminate in a pitch and feedback session with investors, potential customers, and industry leaders, giving teams the time and feedback necessary to improve. Each venture will receive a scorecard for tracking progress, combined with a roadmap designed explicitly for their business.Deep mentorship — Launch Lab X will offer both peer-based mentoring as well as industry-specific coaches for members of the founding teams.Opportunity to compete for equity-free funding — Each venture will be entered into the President’s Innovation Challenge Alumni Track, which will award $100,000 in non-dilutive prizes total to two of the ten startups.Dedicated office space — Each team will have dedicated space at the Harvard i-lab, as well as access to the i-lab’s Maker Studio, Media Studio, AR/VR Studio, and all other i-lab resources.Launch Lab X applications are open now until May 30. The early application deadline is May 1, which allows time for an in-person interview and to tour the space. To learn more and apply, visit innovationlabs.harvard.edu/launch-lab-x. Read Full Storylast_img read more

Getting smart with member data

first_imgThis is the time of year when credit union marketers are crunching numbers and formulating 2016 marketing campaigns and budgets. According to CUES Supplier member Callahan & Associates, U.S. credit unions spent $1.17 billion on marketing and promotional expenses in 2014. And on average, they were spending $436 in marketing expenses per net new member.Does this ring a bell? There’s some serious money at stake and if the return on marketing investments don’t compute to steady member growth, that’s simply money out the window.Enter Advanced AnalyticsCredit unions have always excelled at fostering strong, lasting relationships with their members. This has helped them tailor the right messaging and product offering to the right member. However, times are changing. Member bases are becoming more diverse and bigger banks are using customer analytics to market themselves to what could be your next new member. continue reading » 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Curtain falls at Dodge City with Soderberg Memorial

first_imgBy Lonnie WheatleyDODGE CITY, Kan. (Sept. 26) – The curtains came down on the 2015 season at Dodge City Race­way Park with Brendon Gemmill, Jamie French, Angel Munoz and Reagan Sellard earning Saturday IMCA feature wins.Past track champion Gemmill worked forward from his 12th starting position to capture his se­cond Xtreme Motor Sports IMCA Modified win of the year atop the 3/8-mile DCRP clay oval.With Jimmy Brozek racing into the lead from the second row outside on the opening circuit, Gem­mill went to work on the topside and surged into the lead at the midway point. Once out front, Gem­mill moved to the bottom and drove away to put away his tenth DCRP win over the past four seasons.The parity continued in the IMCA SportMod ranks with French wiring the field to become the 12th different winner in as many events this season.French raced into the lead from the third starting position on the opening round and gradually slipped away.In IMCA Sunoco Stock Car action, Munoz added his lone local win of the year in the division to a previous SportMod triumph.The IMCA Sunoco Hobby Stock main event came down to the final round with lapped traffic play­ing into Sellard’s hands for his second triumph of the year.Sellard paced the opening eight rounds of the 15-lapper on the low side before Kyle Pfeifer rallied by on the top side. But when a lapped car slid up in turns one and two on the final circuit, Sellard raced back underneath Pfeifer to snare the win.last_img read more