The Yield Lab Accelerator timeline is different than the traditional “tech” accelerator, because plants and animals need to grow. Each cohort meets for 2 days, 6 times over the course of a year. This timeline provides high-potential start-ups have substantial time to continue to run their business and take advantage of resources introduced to them during Yield Lab programming.
Each Yield Lab Portfolio Company is assigned a lead mentor, one of the Yield Lab Managing Directors, who works with the company through their time in the accelerator. Mentorship does not stop at the conclusion of the accelerator program. The Yield Lab maintains board observer rights and an ongoing relationship with each portfolio company to continue to ensure that they are provided with the necessary resources to adjust to changing business climates.
Global Network and Expectations:
Companies looking for Yield Lab funding and accelerator services now have two options: St. Louis and Europe. Companies are welcome to apply to both and the decision making processes are independent and autonomous of one another. The decision of one accelerator will not impact the decision of the other.
In both accelerators, the companies can expect to receive a capital investment, accelerator services, and a dedicated managing director to provide lead mentorship during the program. Companies should also expect the Yield Lab to pursue non-voting board observer rights and warrant (options) coverage for services rendered, all negotiated.
Applications to the Yield Lab St. Louis are open now (apply).
We will run a second application period for Yield Lab Europe in early 2018.