Multicultural Innovation Lab- This in-house startup accelerator promotes financial inclusion and provides access to capital for early stage technology and technology-enabled companies led by women and multicultural entrepreneurs.
By specifically catering to high-growth multicultural and ladies entrepreneurs, the Multicultural Innovation Lab presents a singular opportunity for disruptive startups to extend their visibility, accelerate their business and achieve success.
MARCH 7, 2022
ABOUT THE PROGRAM
The Lab customizes a curriculum for every startup, including finance & sales strategy, marketing & branding, and personal sessions with industry experts.
MENTORSHIP that creates A DIFFERENCE
Morgan Stanley pairs each startup with hand-picked mentors who provide advice and counsel to assist each company grow and scale its business.
We introduce startups to our bankers, financial advisors, technology experts et al. who can connect each company to their industry networks. We also give them access to potential clients and therefore the investor ecosystem at large.
SHOWCASE AND DEMO DAY
Our five-month program culminates with a Demo Day during which all participants can present to a network of investors, potential business partners and customers, who could help take their companies to subsequent level.
THE LAB EXPERIENCE
LESSONS FROM BLACK ENTREPRENEURS
Feb 25, 2022
Our recent discussion to mark Black History Month–featuring three alumni from our in-house accelerator for ladies and multicultural entrepreneurs–explored problems with access to funding, the Black wealth gap and other challenges unique to Black founders.
PRIORITIZING psychological state AS A MULTICULTURAL FOUNDER
Dec 23, 2021
Multicultural entrepreneurs face unique psychological state challenges. Here’s how some participants in our accelerator are coping..
OVERCOMING OBSTACLES AS A LATINX ENTREPRENEUR
Oct 11, 2021
Launching a replacement company are often daunting enough, but Latinx entrepreneurs often face added hurdles. Three members of our Multicultural Innovation Lab explain how they’ve forged a path to success.
DEMO DAY 2021: CELEBRATING HARD-WON SUCCESS
Aug 6, 2021
The entrepreneurs during this year’s Multicultural Innovation Lab took advantage of world-class resources while being challenged to push themselves and their companies to subsequent level.
PITCHING STARTUPS VIRTUALLY
Nov 12, 2020
Our fourth Multicultural Innovation Lab Demo Day connected startup founders with potential investors in an unexpected way.
TOP TIPS FOR MULTICULTURAL FOUNDERS FROM MORGAN STANLEY EXPERTS
Jul 23, 2021
Every six months, new entrepreneurs join our Lab, focused on growing and scaling their businesses. Here is a few of the recommendation the newest cohort got from senior leaders across the firm.
HOW STARTUPS CAN get over PANDEMIC DISRUPTION
Oct 7, 2020
COVID-19 created challenges that no startup could have anticipated. Here’s how two members of our 2020 Multicultural Innovation Lab adjusted to the new realities.
INVESTING IN INCLUSIVE INNOVATION
Dec 20, 2019
At this year’s Demo Day, diverse entrepreneurs from the Multicultural Innovation Lab took to the stage to share their unique vision for fulfillment .
GROWING A STARTUP DURING an epidemic
Jun 23, 2020
The founders in our 2020 Multicultural Innovation Lab cohort face some strong headwinds thanks to the uncertain economy. But there are many opportunities during this environment, too.
WHAT IS THE MULTICULTURAL INNOVATION LAB
The Multicultural Innovation Lab is an intensive five-month accelerator designed to assist further develop and scale startups, culminating during a Demo Day and showcase presentation to the investor community.
WHEN AND WHY WAS THE LAB STARTED
Morgan Stanley launched the MCIL in 2017 so as to deal with inequities in funding of multicultural and women-led startups, which our research shows totals quite a trillion dollars.
The ideal Candidate will meet the subsequent Criteria
• may be a multicultural or woman founder, Co- Founder, CTO, or other C- Suit member.
• Has launched product with demonstrated revenue that validate the initial business model and market opportunity.