The i.Lab Incubator provides a goal-oriented, guided-learning program for student founders of innovative ventures. The incubator is an initiative of the Batten Institute at the University of Virginia Darden School of Business, which has sponsored an early-stage, summer incubator program for over twenty years.
Suited to founders who are at the stage of testing, iterating, and validating solutions to perceived problems, the incubator facilitates accelerated learning and venture growth. The program offers an immersive experience for founders with a passion for addressing problems with meaningful solutions. At a minimum, founders need some version of the solution, or minimum viable product (MVP), to participate.
Preview the 2022 iLab Incubator Syllabus.pdf
- Up to $10,000 in grant funding for each venture
- Core workshops, online resources and special events
- Legal support
- Mentorship and advisory support from experienced founders and industry experts;
- Access to community and connections
- Immersion in the principles of effectuation
- Eligibility to apply for the Kathryne Carr Award for Entrepreneurial Excellence
- Minimum viable product/service (an “MVP” or version 1) and consistent product/service development for the duration of the program
- Continued focus on iterating the product/service
- Progress on plan to accomplish goals, outcomes, and deliverables
- Attendance at key events and workshops
- Regular check-ins and participation
- Being a positive and contributing member of and resource to the cohort
Note: Teams without current UVA students should consider the Catalyst Accelerator Program.
- 24 January 2022: Online application opens | View application preview
- 10 February 2022: Application submission deadline
- 16 February 2022: Applicant interviews with staff. Backup date - 18 Feb
- March through May: (U)nderstand phase, including legal support, MVP finalization, mentor engagement and (V)alidate phase plan
- June through early August: (V)alidate phase, including workshops, check-ins, one-on-one sessions, and focused MVP iteration
- September through November: (A)ccelerate phase, with on-going check-ins and engagement