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gener8tor Minnesota

Opportunity for USA, Canada, and International
Start-Ups to Participate in an Accelerator Program

Agency Type:

Foundation / Corporation

Funding Source:

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gener8tor

Deadline Date:

05/12/19 11:59 PM CT

Description:

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Opportunity for USA, Canada, and International start-up companies to participate in an intensive 12-week accelerator program. Participating companies will benefit from cash investments, access to staff interns, software deals and perks, mentor support, and follow-up capital support. Participants are required to be full-time, in residence at gener8tor for the duration of the program. The accelerator program works with all types of high-growth businesses, including software, IT, web, SaaS, life science, medtech, e-commerce and hardware. The gener8tor program invests in companies at a variety of stages, from concept to post-revenue to profitable.

gener8tor is a nationally ranked accelerator that invests in high-growth startups. Three times a year, the Funding Source invests $100K in each of five startups who receive a concierge experience during a 12-week accelerator program. gener8tor supports the growth of these startups through their network of experienced mentors, technologists, corporate partners, angel investors and venture capitalists.

gener8tor Minnesota 2019 takes place in Minneapolis.

GrantWatch ID#:

GrantWatch ID#: 185022

Number of Grants:

gener8tor invests in only five companies per program.

Estimated Size of Grant:

Accepted startups receive $100K and 12 weeks of mentorship-driven programming:

$20,000 cash investment in exchange for 6-7% common stock equity.

$80,000 of guaranteed follow-on capital from gener8tor (uncapped convertible note).

Access to staff interns (development, design, marketing, social media, journalism, business development, sales and more).

$1M+ in deals and perks from vendors like IBM Cloud, Rackspace, Amazon, PayPal, Zendesk and Microsoft.

Support from the gener8tor team and network of alumni and mentors.

Term of Contract:

Participants are required to be full-time, in residence at gener8tor for the duration of the program (June 27 - September 20, 2019). The program is 12 weeks long and intensive.

Additional Eligibility Criteria:

Team is the #1 factor. The Funding Source looks for complete and formidable teams.

gener8tor invests in companies at a variety of stages, from concept to post-revenue to profitable. Most accepted companies are post-product/post-revenue, with revenues ranging up to $35,000 MRR (subscription model) or $500,000 trailing 12-month revenue (transactional model). The Funding Source always invests in at least one “napkin” (e.g. pre-product/pre-revenue) company per program.

Applicants can be from anywhere.

gener8tor works with all types of high-growth businesses, including software, IT, web, SaaS, life science, medtech, e-commerce and hardware.

Pre-Application Information:

gener8tor Minnesota 2019
Application Deadline: May 12 at 11:59 pm CT
Program Dates: June 27 - September 20, 2019

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Apply online: https://apply.gener8tor.com/

Location: 1621 Hennepin Avenue, #100, Minneapolis, MN 55403
Email: info@gener8tor.com
Phone: (414) 502-8880

Email technical questions to: eric@gener8tor.com.

Virtual Office Hours: https://www.gener8tor.com/virtual/office/hours
In-Person Office Hours: https://www.gener8tor.com/inperson/office/hours

URL for Full Text (RFP):

Geographic Focus:

USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

USA Territories: American Samoa (USA)   Guam (USA)   Puerto Rico (USA)   Virgin Islands (USA)   Northern Mariana Islands (USA)

USA Compact Free Associations: The Federated States of Micronesia (USA)   Marshall Islands (USA)   Republic of Palau (USA)

Canada: Alberta   British Columbia   Manitoba   New Brunswick   Newfoundland and Labrador   Northwest Territories   Nova Scotia   Nunavut   Ontario   Prince Edward Island   Quebec   Saskatchewan   Yukon

Israel

International country outside of the USA, Israel and Canada.