Smart Futures Lab was founded in 2022 and is based in Denver, Colorado. It is an initiative aimed at supporting and empowering aspiring entrepreneurs in the tech space, particularly those focused on developing smart city innovation solutions.

Smart Futures Lab invests in tech entrepreneurs who are addressing real-world problems through smart city solutions. The organization offers incubator and accelerator programs that provide specialized curriculum, lab access, and resources to help founders develop their businesses. The focus areas include infrastructure, transportation, energy, public safety, and sustainability, with an emphasis on supporting New Majority founders, including women, individuals with disabilities, and BIPOC communities.

Smart Futures Lab offers two main programs: the Incubator Program, designed for early-stage founders to develop their smart city solutions, and the Accelerator Program for more mature tech companies to scale their businesses. Both programs are free of charge and do not require equity.

<p><strong>What are the eligibility criteria for Smart Futures Lab?</strong></p><p>Smart Futures Lab is open to tech entrepreneurs focused on smart city solutions, particularly those from New Majority backgrounds, including women, individuals with disabilities, and BIPOC communities.</p><p><strong>How does the application process work?</strong></p><p>Interested founders can apply through the Smart Futures Lab website. The application typically requires a business plan and details about the proposed smart city solution.</p><p><strong>What are the deal terms for the program?</strong></p><p>Smart Futures Lab does not require equity from participants, and the programs are offered free of charge.</p><p><strong>What is the format of the program?</strong></p><p>The program lasts for 26 weeks and includes both incubator and accelerator components, providing a mix of mentorship, workshops, and networking opportunities.</p><p><strong>What makes Smart Futures Lab different from other accelerators?</strong></p><p>The focus on smart city solutions and support for New Majority founders sets Smart Futures Lab apart, along with its commitment to providing resources without taking equity.</p><p><strong>What are the success metrics for alumni?</strong></p><p>Success metrics include funding raised, successful product launches, and the impact of their solutions on urban living and sustainability.</p>