Creative Destruction Lab (CDL) is a nonprofit organization that delivers an objectives-based program for massively scalable, seed-stage, science- and technology-based companies.
The Program involves:
- Mentorship from select entrepreneurs and angel investors: the Fellows and Associates
- Opportunities to raise capital
- Advice on technology roadmaps from CDL’s Chief Scientists
- Business development support from top MBA students
CDL is now accepting applications for several of its program streams including Climate, Energy, Matter, Oceans, and Supply Chain.
We typically admit companies that have advanced beyond the concept stage and that have developed or are working on a prototype. CDL’s sweet spot is working with ventures that plan to raise a seed round (approx. US $500K to $5M) within 12 months of applying. However, several post-seed stage ventures have used the program as springboards to their Series A.
CDL is complementary to other support networks for early stage ventures. In addition, many of the ventures admitted to CDL do not have significant recurring revenue; we have worked with many strong technical teams to help achieve product-market fit and to optimize early business models.
While CDL has hubs across North America, teams are not required to relocate to participate in CDL - all we need from you is the commitment to send a founder to each of the five day-long CDL Sessions. Since the onset of COVID-19, the in-person format of CDL has transitioned smoothly to a virtual experience, giving us confidence in our ability to maintain the quality for the 2020/21 Program Year. CDL continues to operate, albeit in a new format.
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