Startup Virginia is excited to offer another cohort of the Idea Factory, a 7-week hybrid program where aspiring entrepreneurs learn how to test, improve, and validate their business idea and get ready to create a product experiment, often called a “minimum viable product” (MVP). The application deadline is February 1st for the Spring session, which begins on March 7. You’ll find the program details below with more information on our website: startupvirginia.
10 hours per week for seven weeks
Participation in 2 in-person and 4 virtual workshops on Tuesday evenings
Check in weekly with a mentor or facilitator
Willingness to talk about your idea with others, including interviewing strangers
It’s free! The $500 program fee has been waived thanks to a grant awarded by GO Virginia and scholarships granted by the City of Richmond, Henrico County, and Chesterfield County. Those who successfully complete the program, validate their idea, and plan to commit a substantial amount of time to pursue a new business will be considered for additional support and free resources to help them keep going.