Acceleration Season 2024 has kicked off!
Accelerators can offer a number of great advantages for start-ups, but not all are the same. It is important to make sure you pick one that will bring the right value and support your start-up in its evolution.
It is not only about the access to funding, mentorship, resources, and community they bring but also about whether there is long-term support, what kind of mentors you have access to, and of course strategic partners, people that will help you navigate this ever-changing landscape!
BABs gathered for you Top Acceleration Programs in Web3 for 2024. Mark your calendar so as not to miss the application deadline
a16z Crypto Startup School (CSS)
About a16z: crypto is a venture capital fund that invests in crypto and web3 startups. Over $7.6 billion assets under management across four funds, and have been investing in web3 — across all stages — since 2013, under the direction of founding general partner Chris Dixon, as part of Andreessen Horowitz.
For Whom: early stage, pre-seed, and seed
Funding: $500,000 for 7% equity and other standard rights.
Location: In-person, London
Available spots: vary, the Spring 2023 cohort had ~26 companies (selected from 8,000).
Duration: 12 weeks, full-time commitment
Oct 20th, 2023 Final Deadline
Mar 27th, 2024 Program Starts
Jun 11th, 2024 Demo Day
Application form: https://apply.a16zcrypto.com
Techstars Web3 Accelerator
About Techstars: Largest pre-seed investors in the world. funded over 3,200 companies that have gone on to have a market cap of $79B+. Portfolio companies include over 100 companies with valuations of $100M+, and 19 of them have already reached unicorn status including SendGrid, ClassPass, and Chainalysis.
For Whom: early stage, pre-seed, founders enabling the onboarding and engagement of the first one billion users of web3
Funding: up to $120,000 in funding for 6% equity, access to the worldwide network of investors, hands-on mentorship, and over $4M of perks.
Location: Virtual & In-person (Dublin, London, TBD)
Available spots: 12
Duration: 13 weeks
Nov 29th, 2023 Final Deadline
Mar 11th, 2024 Accelerator Starts
Jun 6th, 2024 IRL Demo Day
Application Form: https://apply.techstars.com/?accelerator=Techstars%20Web3%20Accelerator
Mastercard Start Path Blockchain & Digital Asset Program
About Startup Path: More than 250 startups have taken part in the program since 2014. More than $5 billion in collective capital was raised. 1,500 applications per year with a 2% acceptance rate. 10,000+ startup connections around the world
For Whom: early-stage digital asset and crypto companies (Angel, Pre-seed, Seed, Series A or Series B), incorporated, located in Asia, Europe, Middle East, North America
Funding: equity-free program, a dedicated fund invest in portfolio companies — if and when a mutually agreed strategic fit is identified
Location: Virtual & In-person
Duration: 16 weeks
Open Deadline
Application form: https://www.f6s.com/mastercard-digital-asset-crypto/apply
Consensys Fellowship Program
For Whom: early-stage, pre-seed, idea-stage
Funding: no-capital provided, no equity-taken. The fellowship is partnered with ConsenSys Mesh and their program Tachyon along with other VCs. ConsenSys Mesh invests $150,000 with a SAFE and token side letter for 4% equity and pro rata token right to insider token allocation.
Location: Virtual & In-person
Available spots: 15
Duration: 12 weeks
Oct 3rd, 2023 Final Deadline
Nov 6th, 2023 Program Starts
Apr 5th, 2024 IRL Demo Day
Application Form: https://consensys-software.typeform.com/to/CndmyNsN
Futureverse Base Camp by Outlier Ventures
About Outlier Ventures: Accelerating 250+ teams across 27 cohorts since 2014, 400 mentors from renowned web3 leaders, and $350M+ in funding raised by our projects combined.
For Whom: early-stage web3 and metaverse technology ventures, emerging startups that hold strategic collaboration potential with Futureverse or The Root Network
Funding: $100,000 in exchange for 6% of your company and 6% of future token supply, Up to $200k in follow-up investment (terms apply), the opportunity to showcase your product to the wider Outlier network, and 2 months of fundraising support. 500+ investors in our network Animoca, Draper, Coinbase Ventures, Pantera, Decasonic, Hashed & Synergis Capital
Location: Virtual
Duration: 12 weeks
Early Dec 2023 Final Deadline
Mid-Jan 2024 Program Starts
Mid-Apr 2024 Demo Day
Application Form: https://outlierventuresapp.formstack.com/forms/applications