The Capacitor Incubator Program is a hybrid incubation model for entrepreneurs with scalable business ideas, to help you create your first proof of concept, identify the appropriate target market, and build the systems and financing for the successful launch of your business.
During the course of the incubator, entrepreneurs will be surrounded by a dedicated team of industry experts to help you through milestone and goal setting, fractional CSO and CFO support, and legal consultation. Teams will be given a strengths-based assessment to ensure a collaborative working relationship. Additionally, you will have access to workspace across the entire Shenandoah Valley region to help foster connection and peer-to-peer learning with key entrepreneur ecosystem leaders.
What is an incubator?
“A startup incubator is a collaborative program for startup companies — usually physically located in one central workspace — designed to help startups in their infancy succeed by providing workspace, seed funding, mentoring, and training.”
With Capacitor, our goal is to make this incubation process more accessible by offering virtual mentorship and dispersing physical workspaces so that entrepreneurs from anywhere in the Shenandoah Valley can take advantage of the program.
WHO should apply?
The Capacitor Program is best fit for early-stage entrepreneurs with business ideas that are focused on traded sectors of food processing, light manufacturing, information technology, and transportation & logistics. This stage is for entrepreneurs who are validating their ideas and working to generate their first $50,000 to $100,000 in revenue. To be eligible for this program, your business must be located in the Shenandoah Valley.
HOW much does Capacitor cost?
Thanks to the support of Go Virginia Region 8, this program is currently free to all accepted applicants.
WHEN does Capacitor happen?
Applications are reviewed on a rolling basis beginning September 11th.
What is a Capacitor?
In engineering, a “capacitor” temporarily stores electrical energy through the accumulation of electric charges in order to release all the energy very quickly. Through the incubator program, you will accumulate your own “electrical charges” of knowledge capital, social capital, human capital, and financial capital, so you can “release their energy” and quickly overcome hurdles in the first years of your business launch.