FAQ Accelerator Fund

What types and stages of startups has the Accelerator Fund invested in?
The Accelerator Fund invested primarily in early-stage companies with a well-defined technology-based product or service. Our program is focused primarily on the development of mobile applications and Internet services to provide new solutions in healthcare, precision agriculture, media, education, financial services, and online marketplaces. Ideal candidates are companies that have identified and are already developing an innovative, new solution.

How did these companies benefit from partnering with the Accelerator Fund?
In addition to investment capital, the Accelerator Fund provides clients with additional amenities, such as optional facilities, shared equipment, and free mentoring services with experienced entrepreneurs and incubator staff.

How much was invested? What was the structure?
The Accelerator Fund will lead investments up to $50,000 in growing ventures. In return, companies will enter into a convertible note agreement or an equity purchase agreement. Teams that achieve their milestones and gain traction are eligible for follow on funding, up to a total investment of $100,000.

How do I apply?
The Fund is fully invested. Applications are closed.

How many companies have received an investment from the Accelerator Fund?
Twenty-four companies have received an investment. Learn more about some of our portfolio companies on our website under the Clients page.