VC Lab Accelerator: The Ultimate Guide & FAQ

The VC Lab Accelerator is one of the most recognized venture capital programs designed to help emerging managers successfully launch and close their first VC fund. With a structured approach, expert mentorship, and a community-driven methodology, VC Lab accelerates the fundraising process, reduces common mistakes, and provides the tools necessary to build an enduring venture firm.

This guide explores what the VC Lab Accelerator offers, its requirements, key program benefits, and answers to the most frequently asked questions (FAQs).

1. What is the VC Lab Accelerator?

VC Lab is a free, 14-week accelerator designed to help first-time and emerging venture capital managers secure their first close faster and more efficiently.

Key Features:

  • Comprehensive Fund Formation Guidance – Legal structuring, fundraising strategy, and operations setup.

  • Fundraising Acceleration – Helps GPs secure capital commitments faster.

  • Venture Best Practices – Covers essential topics such as LP engagement, fund thesis creation, and deal flow management.

  • Community and Networking – Access to mentorship from experienced VCs, LPs, and fellow fund managers.

2. VC Lab Accelerator Structure

The program is execution-focused rather than purely educational. Participants work on real deliverables each week to progress towards a first close.

3. Who is Eligible for VC Lab?

VC Lab is open to individuals who are serious about launching a VC fund. No prior venture capital experience is required, but ideal candidates typically:

  • Have strong industry expertise and a well-defined investment thesis.

  • Are former entrepreneurs, angel investors, or executives with access to networks.

  • Can commit at least 25 hours per week to fund-building efforts.

  • Must publicly share support for the Mensarius Oath (ethical investing commitment).

4. What are the Key Benefits of VC Lab?

🚀 Faster Fundraising

  • Reduces the time to first close from 18-24 months to 6 months or less.

  • Provides a structured process to engage LPs and avoid common mistakes.

📑 Legal & Fund Formation Support

  • Participants get access to Decile Launch, a program that simplifies fund structuring, term sheets, and agreements.

💡 Access to Top VCs & LPs

  • Weekly mentorship from successful VC Lab alumni, institutional LPs, and fund experts.

🎯 Strategic Execution Focus

  • Unlike traditional VC courses, VC Lab is hands-on and focuses on execution, meaning participants leave with actual LP commitments.

5. FAQs on VC Lab Accelerator

Q1: How long is the VC Lab Accelerator?

  • The program typically lasts 14 weeks, with an additional buffer for holiday periods.

Q2: How much does VC Lab cost?

  • It is completely free. The program is supported by Decile Group, which offers premium services to select graduates.

Q3: Do I need to be a full-time VC to apply?

  • No, but commitment is key. Participants need to dedicate at least 25 hours per week.

Q4: What is the success rate of VC Lab participants?

  • Alumni report significantly faster first closes and higher success rates than independent fund managers.

Q5: What happens if I can’t complete the program?

  • Participants who drop out can reapply to a future cohort but must demonstrate improved readiness.

Q6: Do I need a co-founder to start a fund through VC Lab?

  • No, but having partners with complementary expertise can be beneficial.

Q7: Can I apply to VC Lab if I have already started fundraising?

  • Yes. Many applicants join with partial LP commitments and use VC Lab to close faster.

Q8: Does VC Lab help with legal structuring?

  • Yes, VC Lab provides access to Decile Launch, a fund formation support program.

Q9: What type of investors (LPs) does VC Lab connect participants with?

  • Institutional LPs, family offices, high-net-worth individuals (HNWIs), and corporate investors.

Q10: Can I apply if I’m based outside the U.S.?

  • Yes! VC Lab has successful alumni from Europe, Asia, Africa, and Latin America.

Q11: What is the "Mensarius Oath" and why is it required?

  • The Mensarius Oath is a commitment to ethical investing. Participants must publicly support it on LinkedIn and Twitter before being accepted.

Q12: Is prior VC experience required?

  • No, but candidates must demonstrate strong networks, industry expertise, or prior investment experience (e.g., angel investing, startup exits).

Q13: Does VC Lab help with LP outreach?

  • VC Lab provides frameworks, templates, and strategies for engaging LPs, but fundraising responsibility lies with the participants.

Q14: How does VC Lab make money if the program is free?

  • VC Lab is backed by Decile Group, which provides premium services such as:

    • Decile Partners – Ongoing operational support for top alumni.

    • Decile Capital – A fund that invests in top-performing VC Lab graduates.

Q15: What happens after graduating from VC Lab?

  • Graduates gain access to Decile Group’s services, exclusive LP networks, and future funding opportunities.

Final Thoughts

The VC Lab Accelerator is one of the most effective programs for first-time fund managers. It is ideal for entrepreneurs, angel investors, and professionals looking to build and scale a venture capital firm efficiently.

If you're serious about launching your own VC fund and closing faster, VC Lab provides the tools, network, and guidance to make it happen.

🚀 Thinking of applying? Now’s the time to start building your venture legacy!

Decile HubFrancesca Tabor