Deep-Tech Lab (DTL) Program 2024-25: Now open for applications

The Deep-Tech Lab (DTL) Program 2024-25 is now open for applications. The DTL program is a program modelled on Creative Destruction Lab (CDL) for selected ventures that would involve mentors, investors, incubators and MBA students working together to support their growth. Our aim is similarly to “building massively scalable, science- and technology-based startups”.

Admitted ventures will receive the following benefits:

Team-based, Objective-oriented Mentorship

Every admitted venture has access to practical and measurable guidance from investors, business leaders, industry experts, technical mentors, and business partners. Unlike other programs, the DTL program takes an objective-based approach. Usually 2 or more mentors will work as a team to nurture the admitted ventures.

Debated, Peer-reviewed Advice

Rather than a mentor dictating a direction for the venture in a one-on-one mentoring design, the peer mentors debate their views and then prioritize the most important things to increase value and de-risk the venture quickly within the incubation period. Besides, meetings will be held for all the admitted ventures, mentors, industry experts and partners. Mentors of each venture will report the progress and upcoming plans on the stage to receive constructive suggestions openly.

Business Support by Elite Business Students

Students from a bespoke MBA course will support the venture and its mentor group. Each venture will be paired with a student to assist venture founders, who are scientists rather than businessmen, to investigate potential markets, find solution for competition, and explore funding options under the guidance of the mentors

An International Networking of Exchange

Mentors of DTL are picked with a nurturing mindset instead of deal-focused. We look for those who served Creative Destruction Lab and those around this region. Networking events, both online and offline, will be held to build a bridge between entrepreneurs and both incubators and investors.

Investment and Go-To-Market Opportunities

We have a wide range of investors and sponsors from local and overseas to participate in the DTL program. Investment opportunities will be provided across the whole DTLprogram. Corporates and consulting firms will supply the platform for product- testing and go-to-market experiments.

Program Criteria:

Interested participating ventures should possess the following characteristics:

Founders graduated with a STEM doctorate or had worked in a university lab.

Going to commercialize cutting-edge science from the research work of the founders.

Possessing or getting ready to obtain intellectual property of strong commercial value.

Have developed a working prototype or proof of concept and intend to raise their seed round of funding, at the Technology Readiness Levels of 4 or above.

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Apply Now HERE.

Application Deadline: October 25, 2024 (Fri), 12nn

More information HERE.