FAIRMOUNT INNOVATION LAB CONCLUDES SUCCESSFUL LAUNCHPAD PROGRAM WHERE 14 LOCAL ENTREPRENEURS PITCHED FOR PRIZES
April 10, 2018
On March 27, 2018, Fairmount Innovation Lab (FIL) celebrated the final pitches of fourteen companies that participated in FIL’s Launchpad program, including consumer tech, food, and design companies. These fourteen companies competed for $3,000 in prize money and $3,000 in-kind donations, including co-working space at FIL and a legal consultation.
Judges included Eric Uva, Director of Small Business Lending at LISC Boston, Joel Kinney, Partner at Fort Point Legal powered by Casner & Edwards and Parul Singh, principal at Founder Collective.
Top prize went to Jenny Geffrard, Founder and CEO of Surplus Financial Consultants (“SFC”). SFC is a personal finance consulting firm and credit repair company that equips young professionals and college students on how go navigate their finances and create a holistic plan to build wealth. Jenny had this to say about how the program helped her: “The Fairmount Innovation Lab Launchpad was instrumental in helping me build the foundation of my business. It was a great investment and having access to a group of entrepreneurs who just understood all the up and downs of this journey was amazing!”
Second prize went to Alain Balseiro, Founder and CEO of Laboratorium. Laboratorium designs educational programs for low income kids (7-14) to teach 3D robotics | prototyping using the same game engine used by NASA Jet Propulsion Lab. Alain had the following to say about his experience. “The FIL Launchapd is a unique oasis to start as a social and innovative entrepreneur. I learnt all the steps I was missing to achieve my dream and to communicate in the most efficient way. The cohort was one of the most creative and supportive groups I have ever met. They are actively part of my journey. Each workshop - especially the funding and the financial analysis -were essential to launch the Laboratorium and to focus on how and why our mission could be so different.”
All companies pitching successfully completed FIL Launchpad, a 12 week customized program consisting of weekly presentations, peer-to-peer learning, mentorship, pitch practices and access to a variety of subject matter experts and a community of entrepreneurs.
“As a mentor, it’s amazing to see these companies start off as diamonds in the rough, and in just three short months, turn into formidable ready-to-launch businesses,” added FIL Mentor and Founder and Principal of DPA Communications, Dominic Amenta.
So far, over 50 creative and social enterprises have participated in FIL Launchpad programs including ExpressCuts 10.18, Natralee, I am Kreyol, Queens Co, Study Buddiez, The Bold & Beautiful Women Circle, Jewelz on Demand, Beauty N Simplicity and So Gutsy.
“I am so impressed by the progress the cohort made throughout the program as they applied learning about idea validation, market research, pricing, sales, marketing and branding, finances and developing a compelling story and pitch to their companies. There were 14 diverse companies that worked well together, learning and supporting each other through their entrepreneurial journey,” added Anuradha Yadav, FIL Launchpad Facilitator.
FIL is lucky to have amazing partners and sponsors to support this program, including Mass Growth Capital, LISC Boston, Fort Point Legal powered by Casner & Edwards, Dorchester Bay Economic Development Corporation and Boston Private Bank.
Stay tuned to our website and social media as to when we will be recruiting for the next FIL Launchpad class.
About Fairmount Innovation Lab
FIL supports creative and social entrepreneurs in Massachusetts through programming, events, an accelerator program for early stage creative and social impact companies, co-working space, pop-up partnerships and a maker space. Located in Uphams Corner in Dorchester, FIL is part of the Fairmount Cultural Corridor, a collaborative initiative and partnership which draws upon the Fairmount Commuter Line to support diversity, livable neighborhoods and a sustainable, local, creative community. For more information, please visit our website at http://www.lab584.org/.
FAIRMOUNT INNOVATION LAB RECEIVES $85,000 GRANT FROM MASSDEVELOPMENT TO EXPAND ITS CO-WORKING SPACE IN UPHAMS CORNER
October 26, 2017
Boston, MA - On October 26, 2017, government officials and philanthropic supporters, including Jay Ash, State Secretary of Housing and Economic Development, Lauren Liss, President and CEO of MassDevelopment, Julie Burros, the City of Boston’s Chief of Arts & Culture and San San Wong, Senior Arts Program Officer for the Barr Foundation, gathered at Fairmount Innovation Lab (“FIL”) to hear Secretary Jay Ash announce the most recent round of Collaborative Workspace Program grants, including an $85,000 grant for FIL to develop and equip 3,050-square-foot of collaborative work space at 594 Columbia Road. This is the second time that FIL has received a grant from MassDevelopment. In December 2016, FIL was awarded a $25,000 to grant to conduct a feasibility study.
“We are thrilled to be one of the recipients of the competitive grants to expand our co-working space in Uphams Corner in Dorchester and help creative and social entrepreneurs work, collaborate and learn from and alongside each other. We also believe that this grant will help us expand our reach with early stage underrepresented creative and social entrepreneurs that participate in our 12 week accelerator program, FIL Launchpad,” said FIL Executive Director, Liora Beer.
Press Release: FIL Concludes Successful Launchpad Program With Local Area Entrepreneurs
September 18, 2017
Boston, MA - On August 30, 2017, Fairmount Innovation Lab (FIL) celebrated the final pitches of companies that participated in FIL’s Launchpad program, including consumer tech, food, beauty and design companies. Pitching companies included Soul Plates Catering, Events by Emonica, Natralee, Queya Beauty, Joie Design Studio and ExpressCuts 10.18.
FIL Launchpad is an intensive, selective program for highly committed creative and social entrepreneurs who are ready to take their ideas and businesses to the next level. “This customized program provides selected entrepreneurs with vital information through weekly presentations, peer-to-peer learning, mentorship, access to a variety of subject matter experts and a community of entrepreneurs,” explained Liora Beer, Director of FIL.