Transform the built environment with Suffolk Boost
IN PARTNERSHIP WITH
The Suffolk Capital Tech Fund is on a mission to improve efficiency and productivity in the built environment. To further this mission, we are launching Suffolk Boost: an intense, 4-week program to “boost” promising startups and help them solve their biggest near-term obstacles. We are calling on daring founders to bring us a well-defined challenge they’re looking to tackle, and we will spend four weeks working closely with you to solve it.
During the program, you will hear from Suffolk experts, leading academics, and other industry professionals about the problems facing the industry and the technologies that may help solve those problems. You will be assigned a rising operational leader to work with you on a weekly basis. From operational pilots to advisory connections, we will make sure you can leverage the Suffolk network to its full potential and solve your challenge.
Pilot your product and gather operational feedback
Spend dedicated time with hand-picked advisors and our experienced Construction Solution Directors
Meet relevant investors and industry leaders and pitch at Demo Day
Investment opportunities from the syndicate of sponsors
WHY SUFFOLK ?
The Suffolk Tech Fund is a program of Suffolk Capital, the venture investment affiliate of Suffolk. Suffolk is a national enterprise that invests, innovates, and builds, and the company is ranked in the top 25 of Engineering News Record’s list of national general contractors. As a business leader in the innovation hub of Boston, Suffolk is always convening startups, investors, academia, trade and industry partners, developers, architects, engineers, and government.
Suffolk’s leadership in the tech space includes:
Our CoLabs across the country have piloted more than 50 technologies with startups on active jobsites
Our Suffolk Capital Tech Fund has completed seven venture capital investment deals since 2019
WHO WE'RE SEEKING
To provide participants with the best possible support, Suffolk Capital’s Boost program will offer a limited amount of spots in this program. Outstanding applicant teams will show early signs of outlier potential, including one or more of the characteristics below.
If you believe your vision and team would find an effective fit with Suffolk but don’t necessarily fulfill the listed criteria, we encourage you to still apply. Your application will help us define future programming, or we can match you with other relevant opportunities within and beyond Suffolk.
Sample themes include: design, marketplaces, robotics, advanced data analytics, and any new technology or business model innovation that could bring more efficiency and productivity to the built environment.
Bold vision for the built environment
We are looking for both industry veterans and entrepreneurs from outside the industry
Novel technologies and innovative business models both welcome
Tell us how we can help you in 4 weeks For example: ideating over which use-case to go after, refining your product roadmap, sharpening your go-to-market, finding your first customer
COHORT 1 – 2020
FREQUENTLY ASKED QUESTIONS
How long is the program?
The program will take place over four weeks, starting October 23.
Does the program take equity?
The Boost program is designed to be the start of a company building relationship. To align interests for long term success, we will discuss an equity-based agreement in the form of stock options, warrants, or rights to invest in a future financing round, as appropriate based on the stage of each company.
Must the company be incorporated?
The company must be incorporated to receive the participation grant but does not need to be incorporated at the start of the program.
How big must the team be?
The team must have at least two full-time co-founders.
How developed does the product need to be?
We’ll accept products at any level of development. We’re excited about everything from two founders with a deck to a company with a product and early sales.
Any specific areas of focus you are looking to attract?
While we are excited about any and all solutions that bring efficiency to the built environment, we are particularly excited about startups in the design space, supply chain space, fintech space, and environmental space within the built environment.
What are your assessment criteria?
We will use standard venture criteria to assess each company. Further, we will take into account our ability to add value given the problem you present.