The Venture Platform Accelerator Funding and Mentorship
The Venture Platform Hub’s accelerator program is a pro-founder series of coordinated activities and interventions designed to support startups at the MVP stage with mentorship, business re-engineering, work space, living space, back office support, shared services and seed funding. The goal is to ensure that by the end of the 3 to 4-month program, accepted startups will have attained product/market fit, gained traction (revenue, partnerships, and commitments) and will be ready for early stage investors that they will meet during the program and at the Demo-Day event, that ends the program.
The Ventures Platform Accelerator are currently taking in application for the 2nd cohort of the VP accelerator program.
Ventures Platform is an accelerator that finds, support and fund founders who are resolute, creative, independent thinkers with a deep rooted hunger to win.
TERMS, BENEFITS & PROGRAM STRUCTURE
The program provides selected startups with seed funding of $20,000 in exchange for 10% equity. Of the total amount, $15,000 is a direct cash receivable over the course of the program, while $5,000 will be in essential services tailored to fast track the growth of each business. Startups are expected to work from Ventures Platform Hub during the 12- 16 weeks of the program and on campus accommodation will be provided for a maximum of two team members per startup on a need basis. Each startup, will be provided with business advisory, business development, strategy mapping, mentor/advisor support, back office, shared services and work space.
The accelerator program starts with an Intro day where every startup makes their first pitch and shares their expectations with the VP community of Mentors, partners, and ends in a Demo day where they pitch their final product to an audience of Investors. In between is a series of assessments, boot camps, office hours with both the VP incubation team and mentors, health checks and practice pitch sessions as well as dinners with prominent mentors, where they get to share their experiences and engage with the startups. Also included are movie nights and even house parties.