Recent research confirms that successful startup founders need a combination of passion and vision (soft skills) and experience (hard skills). But how do enthusiastic and driven—but young—entrepreneurs quickly gain the critical knowledge and benefits that come with experience? One proven strategy is participation in a program like LaunchPad Lift.
For the second time this year, seven of the top collegiate entrepreneurial teams from campuses across the country are participating in LaunchPad Lift, an exclusive offering of Blackstone Launchpad powered by Techstars. This eight week virtual program offers valuable outside-the-classroom instruction and mentorship on a variety of topics critical to the success of startups including goal setting, fundraising, product development and roadmapping, and more. It also provides students access to the Blackstone and Techstars networks of advisors and mentors who can provide the crucial insight and advice that young founders need.
“After seeing the tremendous impact from the inaugural Lift cohort earlier this year, we’re excited to be offering this unique and powerful startup program once again,” said Erica Lock, Vice President at the Blackstone Charitable Foundation. “As the LaunchPad network grows to reaching nearly a million students, we need smaller, more focused programs like this to offer unparalleled network-building opportunities to the nation’s top operating collegiate entrepreneurs.”
Young founders face a number of unique challenges, including student debt and increased global competition, but one of the most significant obstacles to a startup is forging connections with advocates outside the academic environment. With Lift subject matter experts and mentors from organizations like Rally and Quark Software, Highway 12 Ventures, and Shutterfly, these 20 student founders will have an incredible opportunity for dialogue and relationship-building with these extraordinarily innovative and experienced entrepreneurial advisors.
According to Alyssa Petersel, Founder of My WellBeing and Spring 2019 LaunchPad Lift participant, “LaunchPad Lift is a fantastic opportunity to gain an overview of the topics and themes most relevant to leading a successful startup. Connecting weekly with a mentor who is committed to your growth, who has experience starting and growing a startup, is a truly irreplaceable experience in gaining perspective, support and feedback, and broadening your network.”
The seven student-led teams in this fall’s Lift program include diverse participants with a wide range of backgrounds from schools in the northeast, western, and southern regions of the United States. These students’ businesses represent industries including hardware, applications, health and beauty, food and beverage, and more.
Ventures selected for inclusion in this program were chosen by a team of experts from Blackstone and Techstars. These experts looked for passionate entrepreneurs who were willing and able to learn from mentor and advisor feedback, and whose companies show great startup potential.
Meet the ventures:
OptechVR (Syracuse) – Using a combination of technologies, OptechVR is developing a standalone virtual reality headset for use in enterprise, medicine, education, and visualization. Twitter: @optechvr
Via (University of Texas at Austin) – Via is developing an online platform to facilitate local experiences with the help of youth ambassadors. Twitter: @hiddenwanders
ROSEN (UCLA) – Rosen is a natural skincare business helping individuals feel confident and in control of their skin health. Twitter: @rosenskincare
Antithesis Foods (Cornell) – Making food better through science, Antithesis makes a high fiber, high protein, low calorie chickpea-based snack. Twitter: @grabanzos
Ridesurf (University of Central Florida) – A ride sharing app, Ridesurf helps coordinate long distance rides between two or more people. Twitter: @goridesurf
Aviate Audio (University of Buffalo) – Aviate produces Airpatch, a wireless effects dock and controller that can interface with any guitar pedal or signal chain. Twitter: @aviateaudio
May West (Montana State University) – Using milkweed seedpod, May West produces an animal product- and synthetic-free, plant-based winter coat. Instagram: @may__west
The fall 2019 LaunchPad Lift program will run for eight weeks from June 26 until August 21 and will culminate with a final event on November 7 at the Blackstone offices in New York. This premier closing event will take place in conjunction with the LaunchPad Fall Training Camp.
Stay tuned to this blog or follow @Techstars on Twitter for more information about these businesses, their student founders, and the impact of the Blackstone LaunchPad powered by Techstars.
The Blackstone Charitable Foundation and Techstars partnership increases the chances for collegiate ventures to succeed by ensuring they have the resources they need to thrive. The Blackstone LaunchPad powered by Techstars entrepreneurship program is accessible by over 500,000 college students globally and designed to support and mentor students, staff, and alumni entrepreneurs regardless of major, experience, or discipline.