CDL typically admits companies that have advanced beyond the concept stage and that have developed or are working on a prototype. Demonstrating that you are committed to building a product or service is important to unlocking interest and support from mentors and future investors. CDL’s sweet spot is working with ventures that plan to raise a seed round (approx. US $500K to $5M) within 12 months of applying.

The Creative Destruction Lab is a seed-stage program for massively scalable, science-based companies. The program employs an objectives-based mentoring process with the goal of maximizing equity-value creation. The Creative Destruction Lab is particularly well suited for early-stage companies with links to university research labs.