Are you an AI visionary ready to scale your startup and shape the future of technology?
The Heersink AI Founders Club offers you the opportunity to join an exclusive community of innovators, supported by the UAB AI Community. This pilot initiative provides selected startups with mentorship, resources, and peer support to accelerate growth in next-generation AI technologies.
Program Overview
The Heersink AI Founders Club is a selective pilot program designed to empower up to five early-stage AI startups specializing in AI innovation. Spanning the course of a year, participants will benefit from tailored mentorship, founder-to-founder collaboration, and access to the UAB AI network.
Rooted in the Marnix E. Heersink Institute for Biomedical Innovation's mission to fuel digital innovation in a collaborative spirit- locally and abroad- the AI Founders Club empowers high-potential startups with resources, expertise, and strategic growth opportunities. Tailored for founders, it emphasizes peer-to-peer learning and strategic growth.
Objectives
-
Accelerate Growth
-
Foster Collaboration
-
Strengthen Innovation
-
Increase Innovation Density
What We Offer
Selected startups will receive:
-
Training and Mentorships: Equity-free training, mentorship, and strategic support tailored to AI startups.
-
Founder-to-Founder Support: Exclusive peer-learning opportunities with fellow AI founders.
-
Open Innovation Workshop: Explore collaborative strategies for growth and innovation.
-
UAB Ecosystem Connections: Access to funding, networking, and partnering with local and international institutions.
-
Financial Support: Up to $1,000 per startup to cover travel and accommodation costs for program events.
-
Visibility and Community: Recognition within the UAB ecosystem and ongoing support as part of a prestigious founder pool.
Who Should Apply
We are seeking UAB faculty, staff, or students with early-stage AI startups that have disruptive, healthcare innovations in areas or stages like:
-
Data-Centric AI
-
Generative AI
-
Prompt Engineering
-
Multiagent Systems
-
AI TRiSM (Trust, Risk, Security Management)
-
General Artificial Intelligence
-
Ready with a prototype or MVP
-
Targeting pre-seed or seed fundraising and need team scaling.
Assessment Criteria
Applications are evaluated based on:
-
Degree of Innovation: How transformative and innovative is your technology?
-
Market Potential: Size and growth of your target market.
-
Scalability: Ability to grow rapidly and efficiently.
-
Risk Level: Balanced risk-taking with mitigation strategies.
-
Visionary Team: Expertise and entrepreneurial drive.
-
Feasibility: Practicality of your disruptive vision.
-
High Reward Potential: Expected returns on investment.
-
Strategic Fit: Alignment with the Institute’s mission and goals.
Program & Timelines
Application Review process
-
Call for Applications: We invite start-ups to submit their solutions, highlighting the disruptive nature of their AI technologies and their potential to generate substantial returns on investment – Deadline August 1st.
-
Initial Screening: An independent expert panel will evaluate the submitted applications. Each application is assessed by at least three independent external experts. Each expert evaluates the proposals following the evaluation criteria outlined above.
-
Review Gate: During the Review Gate, the experts come together to discuss each application based on their own individual assessments and assign in consensus a Review Gate Score. Based on the results, due diligence Interviews might be requested afterwards following a Consensus Meeting with digital & AI experts to align the scores. The highest scoring applications that have passed any relevant thresholds will be selected.
-
All applicants will receive the feedback and final decisions by September 1.
Program Services: Business Boost
-
Selected finalists will receive self-paced, tailored support until the end of the year.
-
Mentorship: Strategic guidance to further develop
-
Guidance on business development, sales, marketing, and market fit
-
Pitching and persuasion training
-
The selected start-ups will have the opportunity to pitch their refined business plans and investment propositions to a wider audience of potential investors, corporations, and strategic partners.
-
Community support: The selected startups will become part of a prestigious pool, receiving ongoing support in the coming years.
-
Financial support: Travel and accommodation costs may be included in the program up to $1,000 per start-up.
FAQs
How much does the program cost?
The program is free of charge for the selected start-ups.
Does the program require me to physically attend the activities?
The three-month training will be online and in person, but the participation in the event will require a physical presence in Birmingham.
What does the selection process look like?
The application deadline is August 1st. The applicants’ ideas will be ranked according to the assessment criteria, and the final decision will be made by the selection committee. Applicants will receive responses by September 1st.
What can I expect as an outcome of the program?
As an outcome of the program, you can expect to receive tailored mentorship and strategic guidance, opportunities to form strategic alliances, enhanced visibility, and recognition within the UAB AI ecosystem, potentially leading to further growth, and scaling opportunities.
Do you have open office hours for more information?
Please send us an email to mhibi@uab.edu, and we will organize a meeting with you.