"... that have not generated more than $10 million USD (approximately 7,584,950 EUR) in gross annual revenues and no more than $10 million USD (approximately 7,584,950 EUR) in outside funding."

I didn't want my own words to be the only source for this claim, so above is a cut'n'paste from the rulebook.

But still, LabSlice (and I believe one or two others) aren't near these figures and did get some sort of nomination.