Delivered using instructional courses, collaborative thinking workshops, one-on-one meetings with Subject Matter Experts, and dedicated advisors for each participating company, the program will provide you with the building blocks needed to develop technology driven and innovative solution to your business challenge.
Open for applications at this time, the program’s instructional courses and mentoring sessions are two-day sessions, scheduled monthly between March and July 2019. The sessions will be held in Capital One’s Digital Lab in Plano, TX.
The Catapult program culminates with a COMPETITIVE PITCH, to be held in the Washington, D.C area, in September 2019. Program participants will deliver a 10-minute presentation of their solution to a complex business problem before a panel of judges. The winner will be awarded a cash grant of $20,000 to assist in the proposed solution.
IS THIS FOR ME?
The program will be limited to 10 companies who will be selected through a competitive application process. Program applicants from any industry must:
- Be certified as a diverse-owned business by: WBENC, NMSDC, NaVOBA, NGLCC, or Disability: IN
- Have been operational for three or more years
- Have a minimum annual revenue of $750,000 but less than $20,000,000
- Be in need of solving a complex business problem or creating a new product or service
The business owner must commit to completing the entire 7-month program and personally attending every session. We welcome one additional employee at each session. The additional employee may vary from session to session.
Participants will be responsible for travel-related expenses to and from the sessions.
Business owners should be committed to creating a technological or innovative solution. For example, Capital One uses an online banking app for business transactions which is a technological solution for customers. They should also be interested in, or have used, social media or online channels for marketing.
Capital One will be evaluating applications and final making decisions. Follow-up phone calls or e-mails may be issued to applicants to clarify any questions.
If you’d like references from previous participants, please email us at email@example.com.
Info on our past winners:
CATAPULT 1.0 Winner: Ricky Rozalado: Based in Chicago, the winning company, Rozalado & Co., is a single source solution for facility service needs. They pitched Roza Route a data driven phone and smartwatch app that will be a B2B solution for the cleaning service industry. As a workflow tool, Roza Route will provide real-time data regarding a cleaning team’s performance in order to optimize workflow in the future. Together, Rozalado and Roza Route’s mission is to change the perception of cleaners and the cleaning service industry.
CATAPULT 2.0 Winner: Patricia Rodriguez Christian: Patricia Rodriguez-Christian, CEO of Texas Standard Commercial Construction, supplying general contractors in the greater Dallas-Ft. Worth area with commercial painting and interior demolition services. Patricia earned first place in the pitch competition with her solution to digitize a paper-based change order process in her commercial paint contracting company, thereby increasing productivity, job cost accountability, and her profit margin.
Entry is FREE and only requires you to:
- Complete the online application (approx. 30 mins)
- Create a 60-second video describing your business challenge, proposed digital solution and why your company might benefit from this program
Applications are due to Capital One by 12 noon EST on January 18, 2019. Program inquiries should be directed to: firstname.lastname@example.org.
Should you need further assistance, we will hold Q&A conference calls for CATAPULT applicants on January 10th at 10:00 a.m. EST and January 11th, 2019 at 2:00 p.m. EST. Please email us at the above email address if you’d like to join and we’ll send you an invite.