We are focused on industries and verticals where Long Beach has established sector ecosystems and expertise and the LBA can provide exceptional value. To that end, applicants that fall within a competitive industry or vertical (Logistics/Supply Chain, HealthTech, GreenTech, BlueTech, Aerospace, Cybersecurity, and EdTech) will be considered with higher priority. However, other industries and verticals will be considered on a case by case basis, as long as LBA feels there will be significant value added beyond the investment to the startup applicant.
To be considered your company must meet all the following requirements:
- Market opportunity greater than $1BN
- At least one founder is working on your startup full time
- Unique defensible IP or a model that is able to build a moat are preferred
- Status of product: at least ready to build beta, beta complete better