To help innovative entrepreneurs expedite the early stages of their start-up development process, The Launch Place established an investment initiative called the Pre-Seed Investment Program to further these entrepreneurs’ market and product validation and/or business model refinement.
Start-up companies may secure a maximum investment of the following:
- $25,000 for product and market validation
- $50,000 for business model refinement
This investment strategy may become a precursor to the organization’s Seed Fund, where a larger round of early stage funding is available to eligible start-ups. Conceptually, our total investment model would look like this: