Elev Labs Pioneer Venture Application

Pioneer Venture Application

If you're getting this form, we love your idea! We just need to get to know you and your vision a little better. This form is a bit lengthy, so we recommend filling it out on a computer. There are no right or wrong answers here. We just want to understand in the most candid way possible! Note that many questions on this form are optional, you should answer as many or as few as you feel are needed to let us understand you and your idea. As always, feel free to reach out at: apply@elevlabs.com.
What is your Interest Form ID number?*
This should have been sent to the person who filled out your initial interest form! If you really can't find it, just enter '0000'.
Main Contact*

First NameLast Name
Email*
example@example.com
Phone Number*

Area CodePhone Number
In one short sentence, please describe your business/idea.*
Company Name*
If you don't have one, just say so!

The idea, product, and company

Let us understand what you do!
When did you start the company/project?*
Explain your business.
Use as much detail as needed to let us thoroughly understand.
What problem(s) are you solving and why did you decide to tackle it/them?
Why are you better or different from your competition?
What have you accomplished so far? *
Imagine 1 year from now: Your company is thriving. What does that look like?
What do you think your biggest obstacle will be?
What can we, Elev Labs, do to make you successful? What's the main reason you decided to ask for help?*

The fine print

Give us a few extra details.
So far, how much have you spent on your venture?*
If you've already put money in, what was it spent on? Reflect a bit. Would you consider this money well spent?*
Do you anticipate any legal or logistical obstacles to your endeavor? *
Are you or any of your team members 18 years old or older?*

YesNo

What stage are you in?

At Elev Labs, we use stages to help coordinate and plan your experience. Below, you'll find a brief description of each stage, and then tell us which one best describes you. We accept a proportional mix of stages into our program, so none are better than the others.
Stage 1 - You have an idea, and that's about it.

Stage 2 - You have an idea, a plan, and are ready to get started, or maybe have even taken a few steps on your own.

Stage 3 - You've built the foundation for your business, and are ready to accept customers. You might have some sales already, or you might be waiting for that first customer.

Stage 4 - You've built out your business, learned from some trial and error, and have had some customers already. Now you're ready to take things to the next level.
Which stage BEST describes you?*

Stage-specific questions
STAGE 1 - Given that you're so new, what factor do you think will be most important for your success?
STAGE 2 - Since you have a business plan, tell us all about it! How are you going to make change?*
STAGE 2 - Tell us about your team.*
If it's just you, that's okay!
STAGE 3 - How was your launch? What did you learn? If you could go back and do it again, what would you have done differently? What would you keep the same?*
STAGE 3 - Do you have any customers yet? If yes, tell us about them! If not, why haven't you had any?*
STAGE 3/4 - How do you feel about where you are today compared to where you thought you'd be at this point?*
STAGE 3/4 - Specifically, what is your company's biggest strength right now? What is its biggest weakness?*
STAGE 4 - What's your biggest bottleneck? How has/will this inhibit your ability to grow?*
STAGE 4 - How much funding has the business received as of today that has not been generated by the business?*
STAGE 4 - How much revenue has the business generated? *

The founders

We aren't just investing in your business or idea. We're investing in you. We're bringing you into an incredible community, and we need to know that you'll be a positive addition to that community.
How many founders are on the team?*
By founders, we mean people who are on the team and have "ownership" of the company/idea.
Please list all of the founders' (yourself included) names, locations, and grades.*
Since you have Co-founders, we'll need them all to fill out a separate supplemental form. It has the same questions as this section of this application. All of your Co-founders must complete the form before your application can be considered. The form can be accessed at: www.elevlabs.com/co. We suggest submitting this form before supplementals. Please note that your Co-founders will need your Interest Form ID.
What makes you passionate about what you do?
What other activities are you involved in and how much time do you expect to dedicate to this project?
Tell us about the biggest challenge or obstacle you ever faced in your life and how you managed to solve/overcome it.
We're looking for longevity. In the event that all goes wrong, are you going to be able to stick with it and weather the storm?
Describe yourself in one sentence.

We'd like to share something with you

We're dedicated to giving anyone with passion and an idea the chance to see it through. In order to hold true to that mission, our entire team carefully reviews each and every application independently and in a committee-style fashion. Even our advisors put time into reviewing applications. This ensures that our process is fair and that being gatekeepers of the Elev Community is a shared responsibility. If you were to calculate the cost of us evaluating your application, it would come out to $181.72. We'll never ask for that full amount. In fact, we won't ask for anything more than you can give. If you can give nothing, that's fine too; we're happy to donate our time. We'd also like you to know that our team doesn't see the amount you've decided to give. Regardless of whether or not you can afford to make a small donation, we appreciate you and can't wait to read your application!
Please select the amount you're most comfortable giving.*

$100$75$50$25$10$5I can't give anything. ($0)Other
Custom amount: *
In USD.
PRICE PAID*

Ready to submit?

Congrats on completing this application! If you're ready to submit, click the button below. We'll be in touch soon. (NOTE: If you opted to make a donation along with your application, you may pay below. Otherwise, just click "submit".)
Donation amount *

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Pioneer Venture Application