Foundation / Corporation
Sprint Mobile Accelerator, powered by Tech Stars
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#: 163077
Up to $120,000 (in exchange for company equity typically of 6-10%).
The program is three months long, starting February 22 and ending May 24, 2016.
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/
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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)
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International country outside of the USA, Israel and Canada.
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