Lighthouse Labs is billed as a top 25 seed stage accelerator. Based in Virginia, the organization recently announced two new initiatives – a new mini-accelerator named “Startup Intensive” and a healthcare accelerator in conjunction with several partners.
In the case of the first effort, the inaugural cohort is comprised of seven teams, all founded by alumni of colleges in the Commonwealth. Each team in the five-week virtual program will receive a $7,500 seed investment instead of the typical $20,000 that Lighthouse Labs provides to for its three-month accelerator. Learn more about the teams here.
Lighthouse Labs is also partnering with the Health Innovation Consortium (HIC) to launch the new, longer start-up accelerator. Participants in the program, scheduled to run from August 24 to November 13, will brainstorm and pitch ideas on developing digital health technology and medical devices. Each company will receive $20,000 in venture funding and access to advisory services through Global Accelerator Network (GAN), Kaleo Legal and Startup Virginia. More information can be found here.
HIC was launched in January 2019 by Virginia Commonwealth University (VCU), VCU Health and Richmond-based Activation Capital to bring health care ideas to the market.