What is an Innovation Sprint?

Launch Factory will be hosting an Innovation Sprint* – an event for the community to collaborate, ideate, and innovate in a fast-paced environment.

Through intensive brainstorming, networking, and workshopping, participants will craft innovative concepts within one of our themes and compete for a monetary award.

Don’t miss this opportunity for expert-led innovation workshops!

*This is a community event to learn and build ideas together, not to be confused with Launch Factory’s Founders in Residence program.

When are the Innovation Sprints?

There will be two separate events, an in-person 2-day event, and an asynchronous virtual event. Both Innovation Sprints will focus on the same themes. See below for more details:

In-Person Innovation Sprint: March 23rd

Virtual Innovation Sprint: March 25th – March 29th


We are looking for unique perspectives within any one of our three prompts.  The prompts may seem vague – that is because they are guidlines rather than strict boundaries. Allow the prompt to inspire you rather than limit you.


Propose ideas that have the potential to reshape the future of construction. Delve deep into the intricacies of challenges faced by diverse stakeholders in construction, be it consumers, employees, employers, service providers, or others. Whether the focus is electrification, sustainability, digital transformation, resilience, or unexplored territories, your task is to thoughtfully analyze and bring your unique perspective on these challenges to the forefront.


In an industry of your choice, develop innovative business ideas that tackle carbon footprint challenges head-on. Whether it’s through new proven technologies, circular economy models, behavior-changing apps, or something else, show us how your idea can drive substantial carbon emission reductions while fostering economic growth.


Craft solutions to enhance workforce productivity for large corporations. Explore strategies that eliminate unnecessary red tape and bureaucracy, streamline processes, and create an environment where team members can produce efficiently and effectively. Propose strategies that improve daily operations for teams and organizations.

Who are you?

Innovator: You have an interest in innovation and startups. Bonus points for previous use of innovation frameworks, like lean startup.

Problem-Oriented: You want to investigate users pain points and build solutions to address them. You are customer-focused.

Relevant Experience: Preferably, but not required,  you have experience in the target industry / theme or have obtained verifiable domain knowledge.

Ownership Mindset: You have a proactive ownership mindset and drive for personal growth. Others characterize you as a go-getter.

Curious: You have a desire to learn more about innovation – our workshops will provide exposure to design thinking principles.

Networker: You find value in surounding yourself and networking with a diverse group of innovators, experts, and mentors.

applications are open!

If any of the points above sound like you then we encourage you to register for the Innovation Sprint!

You can apply as an individidual or with a team. If you have any questions feel free to reach out to us at

Innovation Sprint

Ideate and
Innovate with
Launch Factory

We’re focused on business concepts within our themes that address real market needs, are feasible and scalable, and leverage current trends.

Whether your idea targets B2B or B2C, business sustainability and market viability are key.

why you should join

1. Innovation Workshops

Expand your knowledge on what makes a good startup idea through various expert-led workshops on innovation and design thinking methodologies.

2. Networking

Connect with like-minded individuals, industry experts, and potential collaborators for your future projects.

3. Awards

Compete for cash prizes and recognition for your innovative ideas. $3000 in cash will be distributed to the top three teams / ideas.

4. Unleash Your Creativity

Put your skills to the test and unleash your creativity in a supportive and dynamic environment.

5. Impact

Make a difference by working on concepts that have the potential to address real-world challenges in a big way.

6. Fun

Enjoy a fun and engaging atmosphere filled with energy and excitement!

Admittance into the Innovation Sprint happens on a rolling basis, apply early to increase your chance of acceptance. 

Frequently Asked Questions

Is the Innovation Sprint a hackathon?

Mostly yes! However, traditional hackathons tend to focus more on building a product. The Innovation Sprint will result in business ideas and why they may be valid (problem, customers, market forces, etc.).

That said, product building will still be necessary and so the Innovation Sprint will require all types of experience.

Do I need to have an idea to apply?

No. Most won’t, and those who do may even see their concept shift throughout the day.

You will have the opportunity to figure out the concept you want to pursue on the day of the event. You will also have the opportunity to join someone elses team should you both agree.

Can I be a one-person team?

Yes! You will have the opportunity to meet others and join their team at the kickoff event, but should you want to participate yourself, you are more than welcome.

I don't have experience in these industries, should I still apply?

Absolutely! While it is advantageous to have experience with these markets, it is not a hard requirement.

If you have interest in innovation, are able to think critically about business problems, and enjoy learning more, then this event is for you. Apply Now

The prompts seem broad, what are the bounds really?

The bounds are wide. The segments can refer to a multitude of stakeholders in a given industry.

Direct experience related to a specific prompt is not required. Any insight will be helpful and there will also be an opportunity to team up just prior to the event.

If you have interest in innovation, are able to think critically about business problems, and enjoy learning more, then this event is for you. Apply Now

Does Launch Factory retain the rights to work submitted during the Innovation Sprint?

Yes. All materials created and developed during the event are the sole and exclusive property of Launch Factory. Participants should not share information they feel is proprietary to them during the Innovation Sprint.

Learn more from our Terms and Conditions.

How does the Innovation Sprint relate to Launch Factory's other endeavors?

The Innovation Sprint is separate from the Founders in Residence program. This is an event for the community to learn, network, and innovate. 


Still have a question feel free to email us at

Looking to be a sponsor of this event? Reach out to us at