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VENTURE LAB IGNITION PROGRAM
Ready to launch your venture?
LAU students and alumni are invited to apply. Whether your idea emerged from a course, capstone, competition, or independent initiative — the Ignition Program provides the structure, mentorship, and guidance to move from concept to investor-ready venture.
Deadline to Apply: May 15
WHO CAN APPLY
Open to students, alumni, and more
LAU students across all schools, interdisciplinary teams, LAU alumni and qualified non-LAU candidates are welcome to apply.
APPLICATION PROCESS
A structured, merit-based process — identifying high-potential, commited, impact-driven ventures
STEP 1
Submit application
Complete the form with personal/team info, venture concept summary (300–400 words), and a motivation statement (200–300 words). Commitment agreement is mandatory.
STEP 2
Selection committee review
Applications reviewed by the Advisory Innovation and Entrepreneurship Board. Minimum score of 70/100 required for admission.
STEP 3
Acceptance & onboarding
Accepted teams are notified and onboarded. Incomplete submissions may be invited to resubmit with mentorship support.
SELECTION CRITERIA
What reviewers look for
Applications are reviewed by a Selection Committee composed of the Advisory Innovation and Entrepreneurship Board. Ventures are evaluated based on:
25%
Problem Significance
20%
Innovation Potential
15%
Feasibility
15%
Team Capability
15%
Motivation and Commitment
10%
SDG and Impact Alignment
Applicants must achieve a minimum score of 70 out of 100 to be admitted into the program.
WHAT TO PREPARE
Complete the application checklist
PERSONAL & TEAM INFO
- Full name(s)
- Email address(es)
- Phone number(s)
- Resume(s)
- Category (AKSOB / other LAU school / alumni)
- Startup name
- Problem being addressed
- Proposed solution
- Industry
VENTURE IDEA
- Venture idea title
- Venture concept summary (300–400 words outlining the problem and innovation potential)
- Motivation statement (200–300 words)
- Commitment agreement (mandatory)
Each application must be submitted alongside a venture project. Incomplete submissions will be assigned mentorship support and may be invited to resubmit.