Venture Challenge Registration

Please download the following 5 files to begin working on the Venture Challenge. Our submission deadline will be announced once the challenge begins, if you have questions about completing these challenges, please email or attend one of the Idea Labs once they are scheduled.

Challenge 1 – Stage Identification

Challenge 2 – Annual Report

Challenge 3 – Milestone Map

Challenge 4 – CashFlow Runway

Challenge 5 – Video + Pitchdeck

As our registration process is now open year round, we will send an email to all registrants when the 2018 Challenge begins – likely in January. For more information, visit our website: Idea Lab Information Sessions can be found at once posted.


Thank you,

Launch SA Team

  • Registration

  • Venture Information Stage Assessment

  • 1. Concept / Idea – we have an idea for a good, a service and etc. Our idea will deliver desired benefits (meet a need, solve a problem, satisfy an ambition) for at least a few other people we can clearly define, identify and engage.

    2. Design / Prototype – we’ve defined a consistently produceable combination of resources we can test out with potential customers. The prototype is being designed and/or testing to be an affordable product to make and service as well as be easily replicable enough to scale production; (Pivots) – we’re in redesign making better product to market fit uses.

    3. Minimum Viable Value & Validation – several or more customers have paid us a marketable price and used our product with satisfaction; and/or, customers used our product to achieve new and/or unexpected benefits upon which we’re now building.

    4. Scale Production / Distribution – our product is being profitably sold at substantial scale to our customers in a definable market through a consistent distribution method.

    5. Maintenance Upgrades / Product Suites – our product is at or near maximum market penetration and we’re improving/sustaining

  • 1. Discovery (Customer) we know WHO is qualified for our product by WHAT their needs, problems, ambitions are AND that they can pay to achieve benefits; (Market) we know HOW MANY above qualified prospects are able to pay us in targeted segments WHERE our product can easily reach them.

    2. Validation – (Customer) we are proving individuals can afford and purchase our product at a profitable price; (Market) we know if our product is entering a new or existing market and are proving how to be successful serving/retaining customers in it.

    3. Creation – (Customer) we have well-defined customer segments that consistently demand our product; (Market) there is growing demand for our product in existing customer segments and/or new customer segments are emerging.

    4. Building – (Customer) we have a growing community of highly satisfied champions and referrer customers; (Market) our formal relationships with market partners are improving sales, network and system efficiencies and adding barriers to competition.

    5. Dominance – (Customer) we are leaders in customer satisfaction for our product and benefits; (Market) we own leading marketshare(s) with defensible barriers to entry.

  • 1. Founder Vision – we have one or more founders with a clear vision of our venture by what we intend to accomplish in product and/or customer and market success.

    2. Core Team Talent – we are/have enough people with key skills needed in place to drive initial product and/or customer and/or market development progress; our venture builds ad hoc relationships with desired investors/ advisers/partners.

    3. Delegated Teams / Informal Systems – we have replaced founders’ direct efforts in leading key product, customer and market work; formal relationships, team growth and investments align to drive iterative and scheduled progress across all our operational areas.

    4. Expansion Management / Formal Systems – our founders have delegated all daily management and operating decisions to internal leaders; our formal systems/culture drives growth, expansion and standardizes value gains throughout our distributed organization.

    5. Decentralized Management / Consolidation – (if applicable) our expansive operations are led by geographic and/or functional and/or outcome division leaders; we are attaining economies of scale in resource supply chain, manufacture, distribution and product reclamation/reuse.