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AcceleratorDirect fundingNo equityVerified

Summer Incubator

Also known as: UR Summer Incubator, Richmond Summer Incubator

University of Richmond · Richmond, VA

Quick fit check

  • Offers direct funding
  • No equity required
  • Currently active
  • Verified by research

Key numbers

Funding range

$3,000 – $3,000

Equity

None

Application

Annual

Campus Wide

Last activity

2026-06-24

Medium confidence

The Summer Incubator is a 6-week, 240-hour intensive summer program for UR students, powered by a partnership with Virginia's Innovation Commercialization Assistance Program (ICAP). Students learn the Lean Launchpad methodology, conduct 40+ customer interviews, and deliver three presentations (preliminary thesis, business model canvas, final lessons learned). Accepted students receive a $3,000 stipend. The program is fully remote and open to all majors. Participants become Richmond Innovation Fellows and may continue pursuing their venture through a capstone course. Notable alumni include AnswerThis.io (Y Combinator, $500K), Absurd Snacks, and Angel Detection Solutions.