2. IGNITION
A mentorship-driven startup accelerator.
Built on a proven framework for success.
Launch Pad Ignition connects talented We’re accelerating the high-growth
founders to a national network of mentors, companies that will be the job creation
a workspace and access to capital. and economic engines of our country.
A refined approach that leverages our
MENTORS
natural resources and connects
founders to a national network.
Our focus is stage-agnostic so we can
engage with the best companies to
generate traction.
CAPITAL
3. IGNITION
Startups are hard.
We improve your odds of success by launching a group of
companies in an accountable, collaborative environment
with a network of mentors who want to help.
We do it because we love it.
4. 2011 CLASS
Curriculum Focus:
•Product development - MVP
•8-Minute investment pitch
•Building National Network
•Customer Development
•Demo Day
5. 2012
We’re iterating:
•Stage agnostic
•3% warrants
•Individualized approach to funding
•Open to different outcomes:
•fundraising, bootstrapping, incubating
•Focus on traction over funding
•Plugging you into our national network
6. SCHEDULE
•12/15 - Applications open
•1/15 - Applications close
•2/1 - Acceptances
•2/13 - Ignition kick off
•2/21 - Mardi Gras
•3/9-13 - SXSW Interactive (Austin)
•3/11-17 - New Orleans Entrepreneur Week
•5/3 - Launch Fest
•5/25ish - NYC - TechCrunch NY
•6/10ish - SF/SV - West coast road show
7. WHO
Should I apply for Ignition?
We’re looking for:
•Multiple co-founders
•Balanced team - hacker & hustler
•All founders in NOLA for Ignition
•Commitment
•Scalable businesses - high-growth
•Businesses we can impact - primarily tech
•Ability to demonstrate traction by Launch Fest
8. WHO
What if I’m almost there?
In some cases, we will:
•Matchmake a co-founder (business or technical)
•Allow product built by contractor for MVP
•Allow virtual teams
9. WHO
What you can expect in Ignition:
•12 weeks - Feb 13 - May 3 (+ NY, SF travel)
•Weekly schedule of sessions @ Launch Pad
•Curriculum with events led by mentors
•Office hours by mentors
•National network of mentors & investors
•PR strategy for cohort
* the Ignition founders to buy you a beer when you need it most
10. RESULTS
Goals by Launch Fest
•Product - MVP or more
•Demonstrable traction (ie: revenue)
•Kick-ass 8-min pitch
•Financial model & strategic plan for company
•Leveraging national networks
•SXSW, TechCrunch Disrupt NY, SanFranNOLA
•National exposure - AngelList, TechCrunch, etc
11. APPLY
Applications open Dec 15- Jan 15
•Apply early - rolling acceptances
•Unified application through TechStars
•Last year 115 applications, this year expect 2-3x
•1st round - based on info provided
•2nd round - phone interview
•3rd round - in-person interview
•Feb 1st - acceptances
launchpadignition.com
@lpignition