Georgia Tech recognized Dr. Merrick Furst’s development of these methods with the university’s highest award for Outstanding Achievement in Research Innovation.
Operating since 2011, Flashpoint is among the most experienced startup studios in the world. It is unique in its approach. Flashpoint startups have raised over $300 million from top tier venture firms. The companies in Flashpoint’s portfolio are valued at well over $1.2 billion. You can learn more about how Flashpoint works in a Forbes interview (https://goo.gl/t8OYYJ) with Dr. Furst, and in an excerpt from the recently released Harvard Business Review Press book, An Everyone Culture, Becoming a Deliberately Developmental Organization (Kegan and Lahey - https://goo.gl/M7oikx).
Flashpoint is an Atlanta-based, six-month long program, divided into two parts, and ending in demo days in several cities. We expect the cohorts to begin in August. The first six weeks is a concentrated on-site program, usually involving three lectures or workshops per week and weekly critiqued team presentations, office hours, and a speaker series, in addition to numerous interactions with potential customers. The remaining weeks include ongoing lectures, workshops, and office hours at a less intense pace. Innovation teams from larger companies work alongside startups in the same program, for example, teams from Mercedes-Benz USA and NCR are in the current cohort.
Flashpoint requires accepted startups to be or convert to US C- Corporations. Invited startups receive a $20k investment as a SAFE, from an independent fund (created, in part, by successful companies developed at Flashpoint.) In addition, Flashpoint purchases 7% of company stock.
Applications submitted by Monday, April 17th will be considered for our initial round of interviews. We'll begin filling our portfolio of companies after this date.
We will hold general interest sessions on April 6 and April 26. The sessions will provide insight into what founders learn while in the program, as well as provide tips on how to craft a successful application.
Flashpoint’s next batch is expected to start this summer.
We will open applications for the next cohort of startups soon. If you'd like to be informed about opportunities to work with us in the future, please contact us here.