Key Selection Criteria

Differentiated technology

The founder must have an idea that is unique and clearly defined. Pivots are expected; however, to be accepted the founder must have a compelling elevator pitch. Special consideration is given to startups in the intelligent mobility space.

Initial traction in the market

Applicant must have completed or enrolled in customer discovery class and or have early customers willing to test or pay for the product. Waiver of class requirement by permission of incubator staff only.

Potential to scale

Startups must have potential to scale to at least $1M in annual recurring revenue and or have secured series A funding within 3 years.

Commitment

At least one person must be working on the startup full time.

Coachability

Willingness to seek and accept advice, mentoring, and to meet with incubator staff and mentors on a regular basis.

Transparency

Willingness to establish and share clearly defined milestones and metrics to measure success at each stage.

Participation

Willingness to become an active member of the Prototype Prime incubator community by participating in events, activities and mentor interaction opportunities.

Intelligent Mobility Startups
Company has a technology that fits in the advanced transportation ecosystem and is looking for collaboration opportunities.

X Factor
Company brings a unique skill set or technology that will help to build the Prototype Prime community.