How it works and how to get here

We require all residents to meet the following criteria:
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• Sector: Life science and health care companies (therapeutics, diagnostics, devices and tools, health tech, and digital health care)
  

• Stage: Early stage companies with 5 or fewer employees and a soft limit of $2M in equity-based funding or annual revenue.
  
  We understand that stage, funding, and team size is relative to your vertical and operation. If you exceed the above guidelines but believe you are still at an early stage, we are eager to discuss your unique situation with you to determine incubator fit together
  

• Team experience: Founders’ and executives’ professional background align to their technology or business ambition
  

In addition to these requirements we evaluate companies based on their alignment to our mission. Preference will be given to companies who are building:
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• Breakthrough businesses or products: Innovation-driven technologies with compelling patents or publication track record or disruptive, differentiated market strategies
  

• Representative & inclusive teams: Altitude Lab aims for 50% of our startups to have at least one underrepresented founder or executive and requires all companies to make a commitment to build inclusive businesses. Preference for residency will be given to exceptional executives from historically underrepresented backgrounds.
  

• Fill out the application
  

• Meet us
  We will set up a quick call with our Executive Director and answer any questions you have about the space, our mission, and our services.
  

• Follow up for grant applicants
  After an initial review, you will be invited to meet our board of directors and discuss your business direction with us. This will help us see where you might fit within our 10 Trail Angel Grant seats.
  

• Get notified
  We promise to notify you of your application status within 3 weeks of applying.
  

For exceptional founders and business ideas Altitude Lab offers the Trail Angel grant to cover the cost of 1 year of residency at zero cost and zero equity, a >$30,000 value. Grant recipients not only earn facility access but are coached through pitching, term sheets, and their top business challenges by leaders in their field. Grant recipients receive:
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• 1 year of residency at zero cost, zero equity
  

• 1 wet lab bench and 2 desks in our co-working office
  

• Complete access to our facilities, services, and instrumentation
  

• 10 grants available, 5 of which are specifically for companies with at least one underrepresented founder or executives
  

Scored a key meeting with a top investor or partner and need to fly out tomorrow? We’ll make it possible. Travel grants are available for any resident company and recipients receive:
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• Airfare up to $750
  

• Meals and accommodations for two days of travel
  

Coming soon, our Close the Gap fund aims to make funding available for exceptional companies led by Black and Brown entrepreneurs. Applications and details will be announced soon.