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2016 Sprint Mobile Accelerator

Program for USA, Canada and International Mobile
Technology Companies for Startup Funding and Mentorship

Agency Type:

Foundation / Corporation

Funding Source:

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Sprint Mobile Accelerator, powered by Tech Stars

Deadline Date:

11/22/15

Description:

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A program providing startup capital to USA, Canada, and International technology startup companies for a product and/or service with a focus on mobile. The program is a three-month, immersive, mentorship-driven startup accelerator located in Kansas City, Missouri.

The program is open to any type of company in any sector, including, but not limited to, wearables, mobile consumer apps in the entertainment or lifestyle category, enterprise solutions, education, gaming, entertainment, health and IoT.

Participants will be provided with a variety of personal and group opportunities with mentors, entrepreneurs, angel investors, legal experts, venture capitalists, as well as others in a variety of forums. Participants will receive custom assistance, as well as access to workshops on topics such as branding, sales, distribution, funding and financials.

The award-winning Sprint Accelerator facility is located in the Crossroads Arts District near downtown Kansas City:

210 W 19th Terrace
Kansas City, MO 64108

All founders should attend onsite. The average number of onsite team members per company is 3-4.

At the beginning of the program, each selected company will receive $20,000, plus the value of the program and being part of the Techstars network for life, in exchange for 6% equity. In addition, Sprint offers an optional $100,000 convertible note to each company. So, when combining the two investments, the total equity provided is in the 7-10% range, typically on the lower end of that range.

GrantWatch ID#:

GrantWatch ID#: 163077

Number of Grants:

10

Estimated Size of Grant:

Up to $120,000 (in exchange for company equity typically of 6-10%).

Term of Contract:

The program is three months long, starting February 22 and ending May 24, 2016.

Additional Eligibility Criteria:

The Sprint Accelerator is looking for any technology startup from around the world.

The Sprint Accelerator is looking for focused, well-rounded companies with strong, thoughtful ideas, and an ability to execute.

There is no limit on how far along a startup company is in fundraising and development.

Pre-Application Information:

Apply online here: https://www.f6s.com/sprintaccelerator2016

Sprint Accelerator expects to complete application review, interviews and selection by late January, which is when you should be notified of your status.

Contact Information:

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

Send an email here: http://sprintaccel.com/contact-us/

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.

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