Chris Lum is a DTX Launch Detroit 2016 graduate. During his time in the program, Chris gained firsthand insight on what it takes to launch a successful tech- based business. At the conclusion of the program, Chris opted to join an existing startup to gain more experience.…
DTX Launch Detroit is an intensive 10-week summer accelerator for college students and recent graduates aspiring to launch a technology startup. Participants will receive a stipend of $2,500 per individual (up to $7,500 per venture team) to test out their entrepreneurial dreams.
The program covers
Designing, testing and evaluating your value proposition
Finding the right product/market fit
Developing your business model canvas
Conducting customer discovery
Subject matter expert speakers
DTX Launch Detroit follows the Lean Startup approach, a step-by-step business development method popularized by famed serial entrepreneurs Steve Blank and Bob Dorf. Enrolled teams will be given extensive assignments in preparation for weekly workshops. They also will be directed to get out of the building and talk to potential customers to test their various hypotheses. The curriculum is augmented with guest speakers, business coaches and mentors, as teams attempt to validate their value proposition and business models. Other components include meet-and-greets with experienced entrepreneurs and tech start-up founders. The program will culminate in a showcase day, giving participants the opportunity to make a pitch to potential strategic partners, advisers and investors.
Undergraduate and graduate students, or recent graduates from any Michigan college or university, seeking to launch a technology-based business. If you are a Michigan resident but attend college out of state, you are still eligible.
Teams of at least two people are required; teams that demonstrate a complementary skill set or include members with different majors or from different departments or schools are likely to receive more favorable consideration.
Must be able to make a full-time commitment to the 10-week program
A number of the teams that have graduated from DTX Launch Detroit are actively working to move their business ideas forward. To learn more about these teams, see this summary of DTX Grads.
TechTown Detroit will host two information sessions for those wanting to learn more about the program. The sessions will be held at TechTown on Tuesday, February 21 and Wednesday, March 22. Admissions is free, but please register here so that we bring in enough pizza to feed the crowd.
Applications for the 2017 DTX Launch Detroit program are no longer being accepted. Please check back in Jan 2018 and apply for next year’s cohort.