The Georgetown Entrepreneurship Summer Launch Program is a startup incubator program designed specifically for Georgetown students and current year graduates who want to launch a new venture. Many of our most successful student-led ventures have participated in the Georgetown Entrepreneurship Summer Launch Program. Several have gone on to gain admission to other regional and national accelerators, or receive other offers of investment and support.
Participants in the Summer Launch program receive:
- Dedicated support from Georgetown faculty, mentors, experienced entrepreneurs, and peers
- Workspace on Georgetown University’s main campus as well as access to the new Georgetown Venture Lab at WeWork White House in downtown Washington, D.C.
- A stipend of up to $4,000 per team (up to 10 teams)
- Introductions to local investors and entrepreneurs
- Invitations to exclusive networking events, and opportunities to present their ideas to the Washington, D.C. entrepreneurship community.
Over an eight week period, aspiring entrepreneurs work full-time to accelerate the development of their ideas, gain traction with customers, and build a case for investment with seed funders. Using “lean startup” principles, participants work on the components of their business model and collect the data to validate whether their idea has growth potential.
How it Works
The program begins with a two day “bootcamp.” Following this bootcamp, the full cohort meets every Monday for training and co-working, and every Thursday afternoon for check-ins with assigned mentors. Participants must be available to attend all sessions, as well as the final showcase event.
How to Apply
Students currently enrolled in any Georgetown degree programs are eligible to participate, as well as students graduating in the current calendar year. To apply, complete the form (see top of this page for application link) and forward a copy of your executive summary. You will then be contacted to schedule an interview. Please note, your application is not complete until you have submitted your application (including executive summary) and completed your interview.
The incubator program is designed for very early stage ventures; companies do not have to be revenue-generating in order to apply, but should have a well-defined concept, including a revenue model. Similarly, non-profits are permitted, but will be expected to have a proposed model for achieving financial sustainability.
The application period opens February 19, 2019. Application closes March 18. Teams whose submissions are received on or before March 18, will be notified of a decision no later than April 10. Applications will continue to be accepted until the program is full, and teams will be notified of a decision on a rolling basis.
Have questions about the Summer Launch program? Please contact Georgetown Entrepreneurship at firstname.lastname@example.org.