The AlphaLab Accelerator Program For U.S. Companies 2024 application form is out, hurry and apply now. This program is designed to cater to the unique goals of each founder. With a $100,000 investment in early-stage software companies, they assist founders in developing a personalized plan for their journey.
Throughout six months, founders are provided with valuable resources and training to refine their product, expand their customer base, and prepare for fundraising. By the end of the program, companies leave AlphaLab equipped with a clear roadmap to achieve their next stage of growth. Additionally, ongoing support is available to founders through various means.
Benefits
Months one to three
- During the initial phase of our program, we focus on laying the foundation to help you achieve your goals.
- You will receive a $100,000 investment and we will take a 2% equity stake in your company.
- They will introduce you to our team and work closely to set goals and create a tailored plan to achieve them.
- As part of our program, you will have access to discounted tools and curated resources from the AlphaLab Toolbench.
- You will also be connected with our network of alumni, providing valuable connections and insights.
- They will review your product and help you develop a comprehensive customer acquisition plan.
Months four to six:
- In the second phase of our program, we shift our focus to leverage the progress you have made in the first quarter.
- You will leverage the tools acquired from the AlphaLab Toolbench to further enhance your business.
- They will assist you in preparing for fundraising, guiding creating a vetted one-pager and investor presentation.
- You will be introduced to investors and mentors from our network who can provide valuable guidance and support.
- They will help you develop a customized financial model to strengthen your fundraising efforts.
- At the end of this phase, you will have the opportunity to showcase your company at our Portfolio Showcase event.
Ongoing Support
- Even after the AlphaLab program ends, we have various forms of ongoing support for you.
- You may be eligible for up to $800,000 in follow-on investment from the Innovation Works seed fund.
- You will continue to have access to our office space, providing a conducive environment for your business.
- You will receive invitations to portfolio programming and events, allowing you to network and learn from other entrepreneurs.
Eligibility Criteria For AlphaLab Accelerator Program For U.S. Companies 2024
- They are seeking businesses operating in various sectors like Machine Learning (ML), Mobile, SaaS, E-commerce, Enterprise Software, B2B e-commerce, Blockchain, EdTech, FinTech, Health, Sports Tech, and AI Infrastructure.
- They are interested in companies located in Pittsburgh (United States), or anywhere in the United States or North America.
- They are open to considering both incorporated and non-incorporated entities at different stages of development, including those with an idea, prototype, users, or paying users.
- They are interested in companies at the Angel, Pre-seed, or Seed funding stages, regardless of whether they have already raised funds or not.
- The focus is on companies that are currently raising funds but also open to those not actively seeking funding, and whether they have generated revenue or not.
Application Process
To commence your Application, click here.
For more information visit the official website of AlphaLab Accelerator Program for U.S. Companies.
Application Deadline for AlphaLab Accelerator Program For U.S. Companies 2024
Ongoing.
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