Everyone in Silicon Valley is bullish about the future of startups. Incubators address the most challenging aspects of building a successful startup.
This post is about top Incubators in the US.
- TechStars
• TechStars founded in 2006 is a mentorship-driven seed stage investment program. TechStars run a 3-month long program in Boston, Boulder, New York City and Seattle.
• Leaders : David Cohen, Brad Feld, David Brown, and Jared Polis
• How much equity they take?
6 % equity stock
• How much cash they put in?
US $ 6000 dollars per team-founder up to a maximum of 3 founders (US $18,000 max contribution).
• Big successes:
DailyBurn, Socialthing, Intense Debate, Brightkite, Filtrbox, MadKast.
• What is their strategy?
TechStars succeeds in accelerating startups by providing small amounts of seed capital combined with huge amounts of intellectual capital in the form of mentoring.
- Y Combinator
• Y Combinator is an American seed-stage startup funding firm founded in March 2005. Y Combinator primarily invests in software and web services.
Y Combinator runs two 3-month funding cycles a year, one from January through March and one from June through August. They ask the founders of each startup to move to the Bay Area for the duration of their cycle.
• Leaders:
Paul Graham, Robert Morris, Trevor Blackwell, and Jessica Livingston.
• How much equity they take?
6 % equity stock
• How much cash they put in?
US $17000 for startups with 2 founders and $20000 for those with 3 or more.
• Big successes
Scribd, reddit, Justin.tv, Dropbox, Disqus and Posterous
• What is their strategy?
Y Combinator’s strategy is to stay in the Startup for the long term. YC does not pressure the founders to sell. Instead, they want the Startup to do whatever they want.
- Excelerate Labs
• Excelerate Labs is an intensive summer accelerator for startups driven by proven entrepreneurs and investors. Excelerate Labs is Chicago’s technology startup incubator.
• Leaders:
Sam Yagan and Troy Henikoff
• How much equity they take?
6 % equity stock
• How much cash they put in?
US$ 25,000 for each company
• Big successes:
Give Forward, EduLender and Tap Me.
• What is their strategy?
Excelerate invests in the best Startups and help them reach the next level by providing capital, connections, community, and delivering on promises.
- LaunchBox Digital
• LaunchBox Digital is a seed-stage investment program helping entrepreneurs maximize their chance of success through hands-on mentorship.
LaunchBox Digital hosts an accelerator program every fall. Those chosen will receive a 12-week business building program in Durham where they will refine their ideas with the help of mentors and advisors.
• Leaders:
John McKinley, Mark McDowell
• How much equity they take?
6 % equity stock
• How much cash they put in?
US$ 20,000 in seed funding
• Big successes:
Unblab
• What is their strategy?
LaunchBox Digital focuses on web and mobile businesses and all digital platforms.
- Kicklabs
• KickLabs is a technology accelerator for very early-stage (2-8 team members) digital media companies. Most Kicklabs companies will be at the pre funding stage or may have received an initial round of small angel funding.
• Leaders
Chris Redlitz
• How much equity they take?
Kicklabs gets equity from the participating Startups based on the stage of the company, term of their tenancy and the number of employees.
• How much cash they put in?
NA
• Big successes
Kick Tag, Metricly
• What is their strategy?
Start ups thrive in collaborative environment where resources are readily available to help develop brilliant ideas into successful companies.
- Tech Wildcatter
• TechWildcatters is a mentorship-driven microseed fund and startup accelerator. The 12-week accelerator “boot camp” runs every spring and fall. Founders should re-locate to Dallas for the program.
• Leaders
Gabriella Draney, Jon Feld, Brad Taylor, John Reed
• How much equity they take?
2-10% of common stock
• How much cash they put in?
US$ 25,000
• Big successes
Mobestream Media
• What is their strategy?
Wildcatter success comes from low operating costs and the ability to mobilize quickly.
- DreamIt Ventures
• DreamIt Ventures is a Philadelphia-based venture capital firm specializing in incubation and seed investments. You can apply for a 3-month program.
• Leaders
David Bookspan, Michael Levinson, Steven D. Welch
• How much equity they take?
6% equity stake
• How much cash they put in?
Up to US $25,000
• Big successes
Sleep.FM, Mind Snacks
• What is their strategy?
Startups today need only a little funding, but they need more help and support than ever before. They need a community of entrepreneurs, technologists, Mentors and opportunities to meet angel investors and venture capitalists.
- The Brandery
• The Brandery is a seed stage consumer marketing venture accelerator. They run a 3-month program in Cincinnati, Ohio. You need to be in Cincinnati for the full 12 week period.
• Leaders
J.B. Kropp, Dave Knox, Bryan J. Radtke, Robert W. McDonald
• How much equity they take?
6% diluting warrant
• How much cash they put in?
US$ 20,000
• Big successes
Giftiki, Idea Rally
• What is their strategy?
Startups should focus on building a great brand and product, while Brandery will worry about all the little stuff.
- Capital Factory
• Capital Factory is a seed-stage mentoring program for startups. The Capital Factory program runs for approximately 10 weeks during the summer, from the end of May to the beginning of August.
• Leaders
Bryan Menell
• How much equity they take?
5% equity stake
• How much cash they put in?
US $20,000
• Big successes
Hurricane Party, Keepstream
• What is their strategy?
Invest in lean Startups that can get to profitability quickly and can scale rapidly.
- NYC SeedStart
• NYC Seed funds seed-stage technology entrepreneurs in New York City. They fund small teams that want to express their original ideas through software and web-oriented technologies.
NYC Seed offers a 12-week summer program designed to provide seed funding to technology companies. Startups should spend the summer in New York City.
• Leaders
Adam Erlebacher, Greg Neichin, Owen Davis
• Size
US$ 2 million under management.
• How much equity they take?
5% Equity
• How much cash they put in?
US $20,000
• Big successes
Introspectr
• What is their strategy?
NYC Seed fund small teams that want to express their original ideas through software and web-oriented technologies.
- Betaspring
• Betaspring is a mentorship-driven Providence-based startup accelerator program for technology entrepreneurs. The teams go through a competitive application process and agree to locate themselves in Providence for the 12 week program.
• Leaders
Allan Tear, Owen Johnson, Jack Templin
• How much equity they take?
6%-10% of common stock
• How much cash they put in?
• Big successes
NuLabel, GreenGoose, and Diavibe.
• What is their strategy?
Betaspring takes teams with ideas and turns them into functional, fundable companies.
- BoomStartup
• BoomStartup is a mentorship-driven investment program for software, web, SaaS, or mobile applications. Summer Mentorship Program is throughout the summer months, from May through August.
• Leaders
Robb Kunz, John Richards, Jon Bradshaw
• How much equity they take?
6% common stock
• How much cash they put in?
US $ 15,000 in cash investment.
• Big successes
KarmaKey, IActionable, TaleSpring
• What is their strategy?
BoomStartup adheres to the notion that startup web, software, and mobile companies do not need a lot of capital to begin their quest for a viable business model. In fact, adhering to the principles of the lean startup process is essential for long-term success.
- AlphaLab
• Pittsburgh-based AlphaLab accelerates the growth of innovative software, web services, mobile, and gaming startups. Startups are selected for an intensive 20-week program. Startups are expected to remain in Pittsburgh after the end of the AlphaLab program.
• Leaders
Jim Jen, Mike Woycheck, Rebecca Selah
• How much equity they take?
5% common stock
• How much cash they put in?
US $25,000 investment
• Big successes
Wawadoo, GenevaMars
• What is their strategy?
AlphaLab helps capital-efficient startups to launch quickly and successfully.
Quick review of some of the big incubators in the USA. #startups