Are you a tech or tech-enabled venture? Are you a multicultural and/or woman founder? If so, then the Morgan Stanley Multicultural Innovation Lab is tailor made for you!
In their 2018 survey, Morgan Stanley reported capitalizing multicultural and women-owned businesses at 80& less than businesses overall, and their research shows this translates into roughly $4.4 trillion in missed opportunity. Through their Multicultural Client Strategy Group, Morgan Stanley is trying to change that for the better by supporting these founders through financial inclusion and providing much-needed access to investors, along with the tools, resources, and connections they need to thrive. To date the program has supported 43 ventures, securing $80M+ in additional funding for their incubated companies, reaching a combined valuation of $400M+ among the companies that have thus far participated in the Lab!
Applications for the next cohort are open now, through September 16, 2021!
Through the program, you’ll benefit from:
- Curated curriculum, customized for each startup, including finance & sales strategy, marketing & branding, and private sessions with industry experts.
- Powerful networks, introducing you to Morgan Stanley’s bankers, financial advisors, technology experts, and others who can connect each company to their industry networks.
- Mentorship that makes a difference, pairing each startup with hand-picked mentors who provide advice and counsel to help each company grow and scale its business.
- Showcase & Demo Day, where at the end of the five-month program, you’ll present your venture to a network of investors, potential business partners and customers, who could help take your company to the next level.
Best of all, in addition to all of that support, you’ll also receive an investment of $250,000 from Morgan Stanley, in exchange for an equity stake.
If this sounds like a good fit for your company, click here to learn more about how you can apply today!
Need a little help with your application? Feel free to contact us here at Perfectly Pitched! We’re always happy to help with pitch decks, branding, and overall company presentation!