Groundwork Labs
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  • groundworkers
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Groundwork Labs is a program for selected entrepreneurs to test their idea and get expert guidance before they take their next step, whether that be getting their first round of funding, gaining admission to an accelerator, or bootstrapping their company to revenue. We share many characteristics of a technology accelerator: mentoring, connections, and advice, and are highly selective and intense over a two to four month period, but we do not take an equity stake or make an investment.  We offer our program at no charge through the support of NC IDEA, a not for profit whose mission is helping startups in North Carolina.
Since launching in February 2012 we have helped about 50 companies.  Five of those companies have won NC IDEA grants and seven have been accepted into accelerators. 15 of our companies have in total raised more than $1.5 million in equity funding and been awarded $1.1 million in grants.

 

Groundwork Labs is located at the American Underground @ATC.  For more information, visit their website.