Open call for CO.LAB Sustainable Mobility Accelerator – US and Canada

Industries they are excited to support include: supply chain innovations, smart traffic solutions, connected autonomous vehicles + infrastructure, electric vehicles + infrastructure, and Quantum technology.

Chattanooga plays a huge role in Quantum innovations. With EPB’s recent deployment of the world’s first commercially available Quantum network, powered by Qubitekk, they are thrilled to bring new businesses in to use the network to scale their ventures.

This program will support the growth of 6 startups per cohort (twice per year) through the network of experienced mentors, technologists, industry experts, venture capitalists and local corporate partners. Each selected startup will receive a $20k investment on the terms of their current round with additional funding consideration at the conclusion of the program.

They accept applications from sustainability- or mobility-related startups across the United States. Relocation to Chattanooga, Tennessee for the duration of the program is required.

Benefits

• Investment
  • $20,000 cash investment in your current round (if raising) or an uncapped convertible bridge note (if not currently raising). Future consideration for follow-on investment at the conclusion of the program.
• Strategic Network
  • They make highly relevant and impactful connections to corporate partners, investors and experienced mentors to help you scale your impact. Build relationships within the cohort of six companies, and the community of gener8tor alumni.
• Focused Support
  • 1 of 6…not 10…not 15…not 100. They only invest in six companies per program. They focus all of the time, energy and network on you.
• Mentorship, Coaching & One-on-One Meetings
  • Ten weeks of individualized coaching and mentorship from the gener8tor team during bi-weekly, one-on-one meetings. One-on-one meetings with 100+ connections including serial entrepreneurs, industry experts and investors.
• Deals and Perks
  • $1M + in deals and perks from vendors like IBM Cloud, Rackspace, Amazon, PayPal, Zendesk, Hubspot and Microsoft.
• Showcase
  • Exclusive reception during which participating companies have the opportunity to pitch to an audience of entrepreneurs, mentors, investors and community members.

What they’re looking for?

• Applications are welcome from any sustainable mobility related startups headquartered anywhere in the United States and Canada.
• Here are some industries in this space that they are excited to support:
  • Electric vehicles + infrastructure
  • Autonomous vehicles + infrastructure
  • Freight logistics
  • Urban planning
  • Smart traffic solutions
  • Automotive battery technology
  • Quantum technology
• Focus on Sustainable Mobility
  • They are looking for startups in the sustainable mobility space – those that are making the movement of goods, people, energy, and data more equitable.
• Scalable Business Model
  • They focus on startups that have the opportunity for significant and scalable economic impact. If you are generating revenue or have a clear path toward greater adoption, they urge you to apply.
• Can They Help?
  • Based on the expertise in sales, marketing, go-to-market, strategy and fundraising, they select startups that are primed for growth. If you are at a point where the network, resources and expertise can scale your impact, they urge you to apply.
• Passionate and Dedicated Founders
  • Solving the climate crises requires diverse experiences from the communities impacted most. They seek out marginalized founders from underrepresented geographies who may have been passed over by mainstream investors and accelerators. If you fit this bill, they urge you to apply.

For more information, visit gener8tor.