‏What We Offer

Our Process

We don’t want to waste your time and call you in for a million meetings. Our process is geared to move ideas along as smoothly and swiftly as possible.
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Initial Contact

We contact you within 72 hours of receiving your application. Don’t worry, you’ll hear from us either way...

Meeting

After our management team reviews the idea, we arrange a meeting to learn more about you and your idea

Due Diligence

Following the initial meeting if we choose to move forward, we further evaluate your venture

Investment

Terra’s Investment Committee makes the decision whether to move on to discussing the investment terms

Term Sheet

We don't believe in complicated agreements. You don’t need a legal degree to understand our term sheet

The Final Stage

we will present your company to a committee of the Office the of the Chief Scientist Technological Incubators Program. We work with you to prepare for this meeting and having done this hundreds of times, we know how to get the best results.

Once the process is complete, your new company begins operations in TerraLab Ventures.

Welcome aboard!

Our Value

Our value during each stage of development:

Proof of concept

Asking the questions and seeking the answers - does the technology work?

Prototyping

Working with professional engineers and designers to develop initial prototypes

Alpha-Testing

Establishing the direction of future iterations by eliminating unfeasible features and design aspects early in the process

Pilot

Reaching out to our advisors, partners, and industry champions to select appropriate test sites and manage data collection

Refining
(after testing)

Contacting our global partners for access to laboratories or specialized equipment

Beta-Testing

Coordinating efforts with our industry partners, academia, or other strategic partners to set up sites for tests – small or large scale

Commercializing

Developing a marketing plan determining how the product will be distributed to the market