Request for Program

Company Details

Company NameCompany URL (if any)Please provide a link to the product, if applicableIf you have a product demo, such as a screen recording, please provide a linkDescribe what your company does in 75 characters or lessWhat industry problem does your company seem to solve?What product does your company make and provide to customers, consumers, or business clients?A legal entity for the company has been formedIn which state is the company incorporated or will be incorporated?The company is a Delaware C-CorpIf the company is not a Delaware C-Corp, what State was entity was formed? What Type of legal entity?Which category best applies to your company?

Founder/CEO Needs

What would be especially helpful to the Founder/CEO and Company at this time?Other needs:

Contact Information

Email address for the founder submitting this applicationIs the person filling out this application the Founder, CEO, or both?Your phone number

Founders

Please provide the name and email of all founders owning more than 5% of the equity in the company. We may send an email to request supplemental information about each founder. If more than 5 founders, please indicate the top 5 founders.

If there are more than 5 founders, how many founders are on the team (each owning more than 5% of the equity)?CEO Name

Legal and Corporate Information

Date of IncorporationType of IncorporationState of IncorporationDo you use any licensed technologies?Market Problem StatementIndustry SegmentBusiness Model ConfigurationType of TechnologyIf type is AI/ML, is type supervised or unsupervised?Status of dataset developmentExperimental evidence of findings and performance

MVP Stage and Company Progression

What primary market research has been conducted, if any?What is the stage of the MVP, pilot testing?How many users have tested, or are using, your product?How many pilot testing users and/or pilot institutions?Number of commercial users?Product has revenueIf you have previously applied, what has changed, how did you pivot, and what have you learned since the previous submission?Have you already participated, or committed to participate, in an accelerator, incubator, or studio program?Who produces code, or does any other technical work on company products? What, if any, is done by a non-founder?

Target Product / Target Market Problem / Solution

Why did you select this particular product and target market?How do you know that there is demand for your product/service?What primary market research has been conducted, if any?Who are the competitors?What do you understand about your business problem/solution that your competitors do not?What model will be used to generate revenue?What are current estimates, if any, for potential revenue? (1 year, 3 year, 5 year)

Equity Structure and Funding

Has the company issued stock to any investors?Has the company raised money using crowdfunding?Has the company received any investment, grants, or any other funding?Is the company currently fundraising for a seed round, Series A, or later round?If you have not yet formed the company, please describe the planned equity ownership breakdown among the founders, employees, and any other proposed stockholdersPlease provide any other relevant information about the structure or formation of the companyHas the company, or the company's technology, received any government grants?
Please list the grants you have received, the PI in name (including the terms of the grant), who it's from, what it covers, and when you received the funds.

TROPOSPHERE

Troposphere Capital, LLC