DUAL-USE VENTURES INCUBATOR
Helping technology startups navigate non-dilutive defense funding
The MIx Dual-use Ventures Incubator helps technology startups navigate early-stage challenges in market research, use cases, and federal funding opportunities. Over the course of 18 – 24 months admitted participants will have the opportunity to apply for and be awarded up to $1,500,000 or more in federal contract or grant dollars. This program is intentional about instruction and training – our eminent goal is to help MIT-affiliated tech startups traverse the trough of disillusionment and commercialize tough tech products for the betterment of humankind.
This incubator is funded through your awarded SBIR/STTR with MIT as a subcontractor. We guide you through the application process, and then, upon award, your startup participates in a non-resident, part-time incubator program throughout the period of performance of your federal contract.
This program offers you and/or other members of your startup to:
- Participate in a partner accelerator program
- Consult with mentors about building your business, which will be customized based on your business needs and performed with curated experts
- Network across the innovation ecosystem through personal introductions, social events in Kendall Square, and more.
- Gain experience applying for non-dilutive federal grants and contracts
- Train on key topics such as customer discovery, understanding stakeholder needs, and how to talk with potential federal sponsors for future work
- Gain access to a curated mentor network
- Learn how to navigate both federal and commercial markets in a way that fits your business strategy
- Consider and determine whether VC funding is right for your startup, and, if so, learn when and how to attract VC investors.
MEET OUR INCUBATOR TEAMS
HOW DOES THE PROGRAM WORK?
Upon acceptance, we work with you to:
- select the federal solicitation that best fits your technology.
- apply for an STTR Phase 1 or 2 solicitation. At this step MIx provides consultations to facilitate your navigation in the process. The startup applies for the solicitation with MIT as a subcontractor.
Upon Phase 1 award, we work with you to:
- conduct the Phase 1 STTR contract (typically 6 months)
- prepare the Phase 2 proposal.
Upon Phase 2 award, we work with you to:
- conduct the Phase 2 STTR contract (12-24 months)
- leverage the relationships built to devise a plan for a Phase 3 contract.
Which startups are eligible for the Incubator?
Because we rely on US federal SBIR and STTR contracts and grants, we are limited to participants who must meet the following requirements:
- Organized for profit, with a place of business located in the United States
- More than 50% owned and controlled by one or more individuals who are citizens or permanent resident aliens of the United States, or by other small business concerns that are each more than 50% owned and controlled by one or more individuals who are citizens or permanent resident aliens of the United States
- No more than 500 employees, including affiliates and/or contractors.
*Note: These criteria are directly from the SBIR/STTR website and can be found at https://www.sbir.gov/about
What is the acceptance criteria?
We seek candidates who solve a tough problem with a deep tech (or otherwise highly technical) solution. We seek a diverse team with the expertise needed to conduct the technical work and commercialize the product.
Candelytics is a 3D analytics startup building an end-to-end solution that enables the seamless collection, analysis, and management of 3D data. Our LIDAR-based solution allows end-users to quickly render and analyze a 3D model of any site, and is tailored for dynamic operational environments.
At FindOurView, we are using the collective intelligence of humans and machines (AI / NLP) to identify context in user-generated content and distill them into core insights. We envision our patent-pending technology will become a new standard to reveal insights in complex situations, helping large groups reach consensus and desired outcomes.
Jaxon is a Training Data Platform (TDP) that autonomously labels raw data for training custom, domain-specific deep learning models, supported by techniques such as weak supervision, transfer learning, and unsupervised data augmentation. Jaxon helps data science teams deploy models faster, alleviating the bottleneck of manually labeling data.
NextGen Imaging Technologies (NGIT), Inc.
NextGen Imaging Technologies (NGIT), Inc is a high-tech startup in NH. It provides fast and precise autonomous imaging systems for efficient airborne mapping, navigation without GPS, and long range surveillance.
SKYLINE NAV AI
Our technology helps military and non-military personnel who want to navigate in a GPS-degraded/spoofed environment through the use of visualization of the skyline and ensuring mission success.