Boost is an intensive 3-month program where we provide you the support to boost your early-stage venture through a human-centered approach.
What support will I receive at Boost?
Depending on the stage of the new business and needs of the team, Moon can provide:
- Support and mentorship tailored to the stage of the venture.
- Access to our team of designers, engineers, researchers, and product managers for short engagement of work to bring the venture closer to market traction.
- Help finding co-founders, team members, or strategic partners.
- Series of lectures for founders who just started their journey in the venture world.
- Events tailored to the cohort, with guest speakers and panel discussions.
After the 3-month incubation program, there is an opportunity to pitch to receive an investment of $300,000 USD on Moon Creative Lab’s Demo Day.
* The amount of the investment may vary depending on the stage of the venture and other factors.
Who can apply to Boost?
Boost is open to any person, team, or corporation looking to get expert advice and hands-on help for their early-stage business to get traction in the market.
How do I know if I am the right fit for Boost?
Moon is looking to help teams and corporations that have begun working on a new business idea and want to build or test prototypes with real customers.
You are a good fit if your next steps are:
- Testing assumptions about your users, market, and business model.
- Designing and building prototype products/services.
- Testing and iterating your product/service based on real user feedback.
For those who want to pursue new business creation but don’t yet have a new business idea, we suggest you apply for our hands-on learning program, Spark.
How much time is required to participate in Boost?
Depending on the stage of your startup and the needs of your team, time in Boost can be as light or heavy as required. Our goal is to help you improve your product/service with real feedback from customers as quickly as possible.
When is the next cohort for Boost?
Applications are now open to join the next Boost cohort, which starts on Tuesday, September 10th, 2024.
How much does Moon invest?
After participating in Boost, participants may present to the Moon Investment Committee in hopes of gaining $300,000 USD in funding.*
Participating startups will be able to pitch for an investment of $300,000 USD on a post-money KISS/J-KISS at a $3M valuation cap - 10% of your company prior to dilution.
Teams wanting to present on Moon's Demo Day must incorporate their business prior to participation.
* Investment terms may vary depending on the stage of the venture and other factors.
When is the next pitch event?
Moon’s next pitch event is scheduled for December, 2024. (This is after Moon’s 3-month Boost cohort, which begins in September 2024, concludes.)
What happens after investment?
Moon will continue to provide teams support and guidance post-investment.
What if my team is interested in applying for Boost?
We’re eager to work with corporate teams and bring your innovative ideas to life. Contact us here and we’ll send you information to share with your team to see if Boost is the right fit for you.
Have another question?
Would you like to learn more about our Boost program or speak with someone directly at Moon? Email us at: boost@mooncreativelab.com