FIVE ONE LABS INC
315 RADNOR CHESTER ROAD, VILLANOVA, PA 19085 fiveonelabs.org

Total Revenue
$741,850
Total Expenses
$759,088
Net Assets
$272,695

Organizations Filed Purposes: FIVE ONE LABS IS A STARTUP INCUBATOR IN THE KURDISTAN REGION OF IRAQ THAT HELPS DISPLACED AND CONFLICT-AFFECTED ENTREPRENEURS START AND GROW THEIR BUSINESSES.

THE IGNITE IS A TWO-WEEK PRE-INCUBATOR PROGRAM WHICH IS A PROGRAM FOCUSED ON ACHIEVING PRODUCT MARKET FIT.

THE STARTUP INCUBATOR IS A THREE-MONTH, FULL TIME TRAINING PROGRAM FOR EARLY-STAGE ENTREPRENEURS LAUNCHING SCALABLE BUSINESSES. BY PROVIDING TRAINING THREE TIMES PER WEEK, MENTORSHIP ONCE A WEEK, BUSINESS ADVISORY SERVICES AND SEED FUNDING, WE WORKED TO HELP THESE ENTREPRENEURS TAKE THEIR BUSINESS IDEAS AND SUPPORT THEM TO SUCCESSFULLY LAUNCH THEIR STARTUPS. AT THE END OF THE STARTUP INCUBATOR, WE HOST A DEMO DAY WHERE OUR STARTUPS PRESENTED THEIR BUSINESS IDEAS TO THE PUBLIC. THE INCUBATOR IS PRECEDED BY THE IGNITE PROGRAM.

THE FIVE ONE LABS ANNUAL CEO AND INVESTOR TRIP BRINGS INVESTORS AND CEOS TO THE KURDISTAN REGION TO EXPAND UNDERSTANDING OF THE IRAQI BUSINESS ENVIRONMENT AND STARTUP ECOSYSTEM; TO BUILD BRIDGES BETWEEN THE U.S. AND IRAQ BUSINESS COMMUNITIES; TO EXPOSE ENTREPRENEURS FROM IRAQ AND SYRIA TO BUSINESS BEST PRACTICES FROM THE US AND ACROSS THE WORLD. TRIP PARTICIPANTS SPEND ONE WEEK IN THE KURDISTAN REGION OF IRAQ MENTORING ENTREPRENEURS AND MEETING WITH AND LEARNING FROM LOCAL BUSINESSPEOPLE AND INVESTORS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Patricia LetayfDIRECTOR OF OPERATIONS45$66,000
Alice BosleyEXECUTIVE DIRECTOR45$66,000
Sophia BurtonSECRETARY OF CORPORATION1$0

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