Supporting underrepresented entrepreneurs with the power to apply transformative technology to things that matter.
Innovator Spotlight, a sponsored membership offered by Newlab and Bank of America, fosters diversity and inclusion within the Newlab community and provides entrepreneurs from underrepresented backgrounds with the resources they need to build and scale their companies.
About Innovator Spotlight
Innovator Spotlight will provide sponsored membership to up to eight companies led by founders from underrepresented backgrounds to support diversity and inclusiveness in thought, sexual orientation, gender identity, race, ethnicity, disability, culture, and economic experience. These four companies will each be awarded a 12-month Flex II membership (valid for two individuals), which offers access to Newlab’s 84,000 square foot space in the Brooklyn Navy Yard, Newlab’s extensive network, and resources that support business growth, including:
- Collaboration & Community: With a peer community of 160+ companies scaling transformative technology, Newlab fosters an environment of cross-functional collaboration and knowledge-sharing, with members regularly collaborating on new products. Newlab also helps members navigate legal, marketing, fundraising, and offers skills-building events and workshops.
- Prototyping & Product Realization: Newlab provides extensive facilities for prototyping and product realization. Members have 24-hour access and each shop contains state-of-the-art equipment designed to facilitate the product development workflow—from idea to design to a working prototype. Onsite prototyping resources include 3D printing, CNC milling, wood and metal shops, casting and finishing, textiles, electronics, and more.
- Pilot & Investment Opportunities: Newlab creates opportunities for members to showcase products, seek investment, and pilot their solutions through pitch opportunities with organizations such as AlleyCorp, Google X, and New York Angels, pilot opportunities through our Innovation Studios, and more.
We encourage early-stage companies working in transformative technology, founded by underrepresented founders, to apply.
Applications are now closed.
Newlab is a community of experts and innovators applying transformative technology to solve the world’s biggest challenges. Our membership and studios bring together entrepreneurs, engineers, inventors, and industry leaders to create sustainable solutions and enterprises. We employ technologies, including robotics, A.I., and material science, to transform what matters most—health, environment, media, cities, and infrastructure
About Bank of America
Bank of America is guided by a common purpose to help make financial lives better, through the power of every connection. They deliver on this through responsible growth with a focus on their environmental, social and governance (ESG) leadership. ESG is embedded across their eight lines of business and reflects how Bank of America helps fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace they create for their employees, the responsible products and services they offer their clients, and the impact they make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together their collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with them on Twitter (@BofA_News).