About the pitch

eLab AI Launchpad is an AI Pitch Competition aimed at supporting early-stage AI startups in Michigan with the launch of their company.

Selected participants will get the chance to pitch their company to a live audience and panel of judges, and the two most compelling companies will secure $50,000 and $25,000 SAFE investments (with a 20% discount and no cap) as prizes.

What you’ll receive for participating

• The winners of the 1st and 2nd places will be awarded $50,000 or $25,000 SAFE investments (with a 20% discount and no cap) by eLab Ventures.
• 1st place recipient will also be granted a $5,000 legal MiSpringboard grant courtesy of Varnum.
  

Requirements

• Have an established, full-time founding team with headquarters located in Michigan
• Have product in market, some customer validation and/or generating revenue
• Use AI as a material part of their product offering and/or provide a new AI technology platform to other companies
• If selected, you will travel to Ann Arbor Michigan to pitch in person October 9th

NOTE:  Companies that have already raised $2 million or more in funding (excluding state or federal grants) are not eligible