This time was essential at the beginning and helped build our foundation.”, “Cardinal Ventures exposed us to a lot of people that have started companies and scaled companies. We run a 10-week long program of 12-20 teams with the goal of supporting student entrepreneurs at the earliest stage. 450 Serra Mall, Stanford, CA 94305, Hitting the Nail on the Head: Applying to an Accelerator, legal structures for the social enterprise, Access to: top mentors, services, space, networks, close mentorship, and likely investors, Extremely selective application process for the top programs, Seed investment, minimum $20,000. Stanford’s zero-equity student-run startup accelerator. We believe that entrepreneurs can achieve more as … The support, mentorship, and strategic advice that we received in those early days gave us a strong foundation and helped us refine our business model to be investor- and market-ready. Frequently, accelerators last 3-4 months but can be as short as a few weeks, and as long as 8 months. Its mission is to advance the development of the best entrepreneurs through experiential education and peer learning. Review a list of social impact incubators & accelerators. Accelerates the growth of an existing start-up and condenses multiple years’ worth of business building into just a few months. We started to understand the mindset of those people and how they approached solving problems. Learn directly from startup founders on what they look for in the fundraising process. That was the single biggest impact that it had for us. With that information in hand, you can pitch your startup in a way that resonates with the incubator or accelerator, Keep in mind that you will need to convince investors of both the strength of your team and your business idea, Speak to alumni or program affiliates who may be able to give your application a boost, Rehearse well and speak with confidence for any video portions of the application. Stanford’s zero-equity student-run startup accelerator Students helping students succeed on their entrepreneurial journeys. “As a start-up, Firefly was stealth for a long-time before we decided to scale. Review a list of social impact incubators & accelerators. Incubators provide counselling and a shared workspace for flexible periods of time, 1+ years. Entrepreneur en Español. In this cacophony of models in search of sustainability, StartX, Stanford University accelerator, keeps standing out for its consistent record of success. Cardinal Ventures nutured the necessary time and space to innovate. The world of startup accelerators is at a maturity stage, some will argue passed its prime time. Stanford Affiliated Stanford Angels & Entrepreneurs (SA&E) Stanford Angels & Entrepreneurs seeks to strengthen Stanford’s startup community by fostering relationships among … Sources: Aspen Institute, BusinessNews, Entrepreneur If you are certain your company will benefit from the exposure, mentorship, investment, and network provided by an incubator or accelerator, do thorough research on the expertise of the company, its values, program features, and mentors on board. It takes a very long time to internalize what it’s like to found a company, the right questions that you have to be asking, and how to simplify things down so that it’s manageable day-to-day.”, “Cardinal Ventures gave Nova Credit the start that has helped the business scale to where it is today. StartX is a 501 (c) (3) Stanford-affiliated nonprofit in Silicon Valley that runs one of the world’s top startup accelerator programs. Generally, investment is in exchange for equity of 6-8%, Depending on the program, one or more team members will relocate to attend the program, A Demo Day where start-ups pitch ideas to investors and media, Generally access to: counseling, services, space, networks, close mentorship, & likely investors, Generally ask for a stake in the company, 2-10%, A potential Demo Day where start-ups pitch ideas to investors and media, Office space in Silicon Valley or elsewhere, The events, mentors and meetings can be distracting at a critical time for your venture development, Receiving advice from a variety of perspectives can be confusing and slow down decisions, Sharing space with other companies can affect internal communications and culture, Costs: application fee, travel, and housing, in addition to the equity in your venture, Find the right program for you and know the program and investor criteria. Stanford’s Startup Garage Teaches Entrepreneurship Take an inside look at Stanford’s Startup Garage class, where students go from concept to company over the course of two quarters. We provide a community of founders, a robust entrepreneurship curriculum, and a worldwide network of mentors, investors, and other accelerators—all without taking equity. Atento Presents Its Startup Accelerator The project, called Atento Next, will feature a selection of companies from the organization's areas of interest. We run a 10-week long program of 12-20 teams with the goal of supporting student entrepreneurs at the earliest stage. As first-time founders, that experience was invaluable.”. Celebrating 10 Years of Supporting Stanford’s Best Tech and MedTech Entrepreneurs StartX is a non-profit community of serial entrepreneurs, industry experts, tenured Stanford professors, and well-funded growth-stage startups. Incubates an idea so it can be eventually transformed into a business model. 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