Why founders love us
What we do
Turn ideas into scalable businesses with us
We help remarkable talents to become successful founders. Our program equips founders with everything they need to turn the first spark into a scalable digital business.
Who we are
LAB 1720 is a joined incubator and accelerator by Aschendorff NEXT and 1648 Factory. 1648 Factory is a remote-first innovation factory with hubs in Münster, Berlin, New York and Lviv in the Ukraine. The 1648 Factory ecosystem includes Product, Design, Venture Architecture and Engineering resources as well as industry experts, serial founders and investors.
Aschendorff NEXT is the corporate venture capital unit of Aschendorff Group - a large media company based in Münster, Germany. Aschendorff NEXT has an exceptional track record of identifying and investing in start-ups with digital business models and promising growth prospects.
We prioritise founders over ideas. Founders have the opportunity to repeat our process with multiple ideas if the first one doesn't make it through the stage gates. Also, your start at LAB 1720 is not tied to specific dates but agreed with you individually. We appreciate founders with their own idea backlog. However, we constantly work with industry experts and creative minds to identify the most promising start-up ideas that we can match you with.
Our processes and strategies are designed for remote work. While you are very welcome to join us in one of our hubs, you can participate from anywhere in Europe. You won't miss out on the community either - our regular virtual events keep us connected.
Support all the way
We stand by your side from day 1 to scaling your business, supporting you with a team with complementary skills (Venture Architect, Designer, Software Architect, Software Developer), coaching, network and access to Design, Engineering and Growth Studio services. Participation in the incubator/ accelerator program also comes with financial support so you can focus on your future business.
How we work
Following a data-driven approach to developing ideas
Completing an initial validation of prioritised ideas, focused on the biggest risks
Testing to validate problem-solution fit
Turning ideas into validated start-up concepts
Incubation & launch
Building the start-up and taking it to market
Growing and commercialising the start-up
Wanted: Passionate founders
You are energised by solving complex customer problems while keeping in mind the bigger picture and strategic thinking. You have a hands-on mentality and the grit it takes to persist in challenging times.
You know what it takes to build a digital start-up from scratch and are willing to commit to your founder journey full-time. You are motivated by your passion for entrepreneurship and you are driven by purpose rather than boosting your resume.
You have gained first professional experience in the industry, the start-up scene or as a consultant. As the future CXO of your company, you have strong communication skills and experience in leading a diverse team.
Wanted: Team members
Join a founder squad
Ready for your next adventure? We are constantly looking for outstanding Designers and Venture Architects to join LAB 1720 and work with founders on their journey from idea validation to launch.
As a tight-knit squad with complementary skills, we learn from each other throughout the journey. Our team is passionate, diverse and geeky at times. We love to build new products and have fun while doing so. #squadgoals