MBN USA

October 27, 2023

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Catapult is a six-month program offered by Capital One

Applications are now open for Capital One’s Catapult program. Catapult is an intensive, six-month transformational learning journey for business owners designed to enable them to innovate and disrupt within their business and industry by developing a new solution to a business challenge while leveraging learnings from the program.

Catapult provides instructional courses, collaborative thinking workshops, one-on-one meetings with subject matter experts, and dedicated advisors for each participating company. The program will provide the building blocks to develop a technology-driven and innovative solution to participant’s business challenges. It culminates with a pitch session, to be held in June 2024 in Mclean, Virginia. Participants will deliver a pitch of their solution to a significant business challenge before a panel of judges. The winner will be awarded a cash grant to assist in developing the proposed solution.

Program Details

The program’s instructional courses and mentoring sessions are two-day sessions, scheduled monthly between January 2023 and June 2024. The January and February sessions will be in-person in Plano, Texas at the Capital One campus. March through May sessions will be held virtually. The program will be limited to no more than 12 businesses that will be selected through a competitive application process.

Who is Eligible? 

Program applicants from any industry can apply and must:

·        Be certified as a diverse-owned business by WBENC, NMSDC, NaVOBA, NGLCC, Disability: IN, or a member of USPAACC.

·        Have been operational for three or more years.

·        Have a minimum annual revenue of $1,000,000 but less than $15,000,000.

·        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 six-month program and attending every session. They should also be committed to creating a technological or innovative solution and be interested in social media or online channels for marketing.

Apply today by filling out an online application here by no later than Nov. 20.