Foundation / Corporation
05/12/19 11:59 PM CT
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#: 185022
gener8tor invests in only five companies per program.
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.
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.
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.
gener8tor Minnesota 2019
Application Deadline: May 12 at 11:59 pm CT
Program Dates: June 27 - September 20, 2019
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
Phone: (414) 502-8880
Email technical questions to: email@example.com.
Virtual Office Hours: https://www.gener8tor.com/virtual/office/hours
In-Person Office Hours: https://www.gener8tor.com/inperson/office/hours
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International country outside of the USA, Israel and Canada.