For Harvard students and teams wanting to test and refine their ideas and ventures, i-lab programming includes a number of resources that place students in less structured environments in order to ‘learn by doing’.
What is the Venture Incubation Program (VIP)?
The Venture Incubation Program is the keystone initiative of the Harvard i-lab. It is a 12-week program designed to help current Harvard students make progress on their entrepreneurial ventures. We encourage students to apply who are committed to building their venture among an engaging community at the i-lab. Selected teams will have access to VIP-only resources and support to help them reach their milestones.
Examples of resources provided to help guide student teams toward success:
What is it like being a part of the VIP?
The VIP is not just a co-working space. It is a community where the diverse skills and backgrounds of the students, mentors, and staff are leveraged. We work hard to encourage collaboration and establish community, and the sharing of experiences amongst student teams.
But don't take our word for it. Just a sample of recent feedback:
“I recently closed a $250K seed round… This would not have been possible without the i-lab, and being at the i-lab was the single best thing I got to do at Harvard, so thank you!”
-- Harvard College ’15 VIP team lead
How can I ensure I am taking advantage of everything the VIP has to offer?
The i-lab staff realizes that not one size fits all. We realize that different teams require different resources depending on their development stage. Most of our Directors and Assistant Directors offer VIP-Only office hours. They are here to help students set milestones, discuss the best way to utilize the resources, and establish a plan for the semester. We will help tailor their program to fit the needs of their venture. You can learn more about our staff here.
How is the VIP Mentor Program set up?
The Mentor Program is exclusively available to VIP teams. Students and mentors must commit to an entire semester of meeting and the point of contact must be the lead team member. Student teams will attend a Mentor Matching Event to ensure that each team is appropriately matched with an experienced serial entrepreneur. We encourage students to meet with their mentor several times per per month. The goal of this program is to make progress within their venture and develop deep, personal working relationships.
What is IDEO and how do they help the VIP?
IDEO is an award-winning global design firm that takes a human-centered, design-based approach to helping organizations in the public and private sectors innovate and grow. IDEO hosts a 3 workshop series with guided exercises for each team to explore a human centered approach to designing their products and services. Student teams are expected to attend these sessions and do any of the (minimal) work required in advance of the workshops.
Learn more about the IDEO Experience here
My venture is industry specific though. How can the VIP help?
We have many staff on hand that have industry specific experience that are at your service!
How do I apply to the VIP?
Sign-up for our email newsletter here. You will be notified of all important application requirements and deadlines. You will also stay up-to-date on our general workshops and programming.
What are the criteria or restrictions for applying?
At least one of the venture co-founders must be a current, full-time, degree-seeking student at any Harvard school across the University, and must plan to be a consistent participant at the i-lab. The i-lab takes no equity, and there are no restrictions on participating in other incubator/accelerator programs.
The competitive process for team selection is done by a panel of expert evaluators. The panel looks for demonstrated dedication to the venture’s growth and implementation.
Fall 2015 VIP Important Dates: