The City Launch Lab!!!
About City Launch Lab
The City Launch Lab is an incubation space for City’s alumni, student and graduate entrepreneurs.
Three different membership tiers are created to serve different stage of startups.
The Membership Criteria
| The Criteria | Gold membership | Silver membership | Bronze membership |
|---|---|---|---|
| Pay membership | No | No | Yes |
| Founding team | At least one of the founders should be City student or alumni. | At least one of the founders should be City student or alumni. | At least one of the founders should be City student or alumni. |
| MVP | Must be able to prove that you have an MVP (can be website, prototype etc) | Don’t need to have an MVP but you need to show that you have well researched idea and evidence that you have initiated or done research related to the business idea. | Yes. We expect that you already have a quite mature product / service. |
| Company has to be registered and it operates in the UK | Yes | Planning to register and operate in the UK | Yes |
| Company’s age (from the date of founded) | Not more than 4 years | - | Not more than 5 years |
| Company’s income level | Not making any profit (Total revenue < total cost) or Break even | Not making any profit (Total revenue < total cost) or Break even | Making profit |
| Motivation | Actively be part of the community and want to proactively give back to the community (sharing knowledge, skills and information) | Must want to be and motivated enough to build the business. |
The Membership Benefits
| Benefits | Gold membership | Silver membership | Bronze membership |
|---|---|---|---|
| Desk and meeting room credit | Full access. (Unlimited) Visitors: 3 people/month | Desk booking: 20 hours/week Meeting room booking: 6 hours/week Visitors: 2 people/month | Desk booking: 10 hours/week Meeting room booking: 4 hours/week Visitors: 1 person/month |
| Access to paid events. (founders event, free legal support) | Yes | Yes | Limited |
| Free AWS credit up to $10,000 | Yes | Yes | Yes |
| Access to newsletter | Yes | Yes | Yes |
| Register their business address at The City Launch Lab | Yes | Yes | No |
| Request for permanent desk? (need to show the consistency of using the space) | Yes | Yes | No |
If you meet the criteria for one of our membership plan above.
Extra information
If you are still at the problem-solution fit or customer discovery phase of your startup journey and you need to develop further your research and join some workshops, we advise that you consider participating in the other City services available which can be found on our Start your business page, which will provide you with more useful tools and resources relevant to your business development.
City Venture Accelerator Programme 2024
Want to partner with us?
The City Launch lab is always open to new partnerships, mentors, volunteering opportunities and to speak to investors who are interested in our launch lab businesses.
Get in contact with us at [email protected] if you are interested in exploring a partnership.
Join our mailing list via this link to keep up to date with opportunities, events at the Launch lab!