For the past two years, we have run the Expa Labs program once per year. During this time, we’ve had the opportunity to work with twelve great teams and we continue to be committed to working with promising entrepreneurs.
We have learned several things along the way that we are going to apply to our approach to partnering with entrepreneurs. First, we learned that a ‘yearly program’ format means we may miss working with some teams that are on a different schedule. Second, ideas come in all shapes and sizes, resulting in companies having different funding needs. Moving forward, we’re making it easier for founders to work with Expa by being more flexible in our funding terms and, more importantly, working with founders on their timelines, not ours.
In addition, we received great feedback from the founders that participated in the Labs programming and will be bringing a lot of those learnings into the wider Expa fold, as well as ensuring that the Labs teams become active members of the broader Expa community. While we are sunsetting the “Expa Labs” label, we are still looking to work with all types of early stage entrepreneurs in 2018 and beyond.
If you are interested in building your company with Expa’s support, we would love to hear from you. You can now apply anytime here.